Automating Audit Procedures Using the Excel Audit Toolbar
In modern audit engagements, Microsoft Excel remains the predominant platform for executing substantive procedures, analytical reviews, and sampling. Recognising the need for consistency, efficiency, and reproducibility, our firm has evaluated and adopted a...
Navigating the Evolving GST Audit Landscape
The self-assessment nature of the Goods and Services Tax (GST) regime continues to present significant compliance risks for businesses. Recent insights into the Inland Revenue Authority of Singapore’s (IRAS) audit methodologies reveal a sustained focus on high-risk...
The Boundaries Between Tax Planning, Avoidance, and Evasion
Recent developments and judicial decisions continue to shape the landscape of tax practice in Singapore, underscoring the critical need for Tax Accountants to clearly distinguish between legitimate tax planning, impermissible tax avoidance, and outright tax evasion. A...
AI-Enabled Identity Fraud Evolution and Defense Strategies
The convergence of artificial intelligence, deepfake technology, credential hijacking, and transnational fraud operations has fundamentally transformed the identity theft landscape. Between 2019 and 2025, three high-profile deepfake schemes demonstrate a clear...
IAS 36 Impairment Guide 2026: Key Practical Considerations for Accountants
Overview and Scope The updated IAS 36 guidance for 2026 reinforces the fundamental principle that assets must not be carried above their recoverable amount. For practitioners, the practical challenge remains consistent: identifying when impairment testing is required...
Key Takeaways from ISCA Budget & Tax Conference 2026
This technical note outlines the significant measures introduced in Budget 2026, with a focus on corporate tax changes, incentives for innovation and internationalization, and the strategic emphasis on artificial intelligence (AI) adoption. 1. Corporate Tax Changes...
Key Developments to Singapore’s Transfer Pricing Framework
Following recent updates to Singapore’s transfer pricing (TP) framework and significant judicial outcomes in the region, we have consolidated the key developments and audit trends that multinational enterprises (MNEs) should be aware of. These insights cover the...
Singapore Budget 2026 – Key Tax Updates
This technical note outlines the key tax changes and, incentive scheme enhancements, and transfer pricing developments arising from Singapore’s Budget 2026. 1. Direct Tax Rates Unchanged There are no changes to the prevailing tax rates: Corporate Income Tax (CIT): 17%...
Strengthening Technology Risk Management in Professional Services
The increasing reliance on artificial intelligence, cloud computing, and digital platforms is fundamentally reshaping risk landscapes for tax and professional service firms. As these organisations handle increasingly sensitive client data, the management of...
Data Protection, Cybersecurity and AI Risks as Entities Accelerate Digital Transformation
As organisations increasingly adopt artificial intelligence (AI), cloud computing, and data-driven technologies, cybersecurity risks are evolving in both scale and complexity. Industry experts warn that while AI enables operational efficiency and innovation, it...