29 Oct 2019 to 29 Oct 2019
09:00 AM to 05:30 PM
29 Oct 2019 to 29 Oct 2019
09:00 AM to 05:30 PM
ISCA’s flagship event for practitioners and the final instalment of the Singapore Accountancy and Audit Convention (SAAC) series – The Practitioners Conference – is set to challenge your practice’s strategy.
Join our industry leaders, experts and millennials as they define the role of the profession in current dynamic economic climate and create new possibilities for the audit profession. Learn how the profession can and will be evolving amidst the changing landscape. Also hear from our regulator and subject matter experts to strengthen core technical capabilities, learn how to tackle through complex and difficult situations under the new standards regime and prepare for upcoming audits.
The Practice of Tomorrow cannot be formed in a day. The Practitioners Conference 2019 aims for professionals to rethink your strategy, strengthen core proficiency and bring back new ideas to form your ideal future-ready practice.
Bayfront MRT Station (CE1 / DT16)
Use Exit E to connect to the Sands Expo and Convention Center. From there, take the escalators to the ballrooms on Level 3.
Click here for directions to Marina Bay Sands.
Bus Stop: Bayfront Avenue, Marina Bay Sands MICE, (B03511)
Services: 97/97E, 106,133/133M.
Alight at the bus stop immediately in front of the Sands Expo and Convention Centre, and proceed towards the Concierge on Level 1 before taking the escalators up to the ballrooms on Level 3.
Click here for directions to Marina Bay Sands.
Cars may enter via Bayfront Link to the South Car Park. Take the lift to Level 1 and take a 3-minute walk towards the Sands Expo and Convention Center. From the Concierge at Level 1, take the escalators up to the ballrooms on Level 3.
For participants who park at MBS, a limited number of complimentary parking coupons will be provided. The coupons will be provided on a first-come-first-served basis to participants who request for them at the registration counter upon registration. Participants who are not able to obtain a complimentary parking coupon can purchase coupons from the Business Centre (Level 3). A special rate of S$8.00 per day is given when the conference lanyard is presented.
For more details on parking locations and rates visit Marina Bay Sands' website.
Keynote by Guest-of-Honour and Distinguished Speaker
Practice Monitoring Programme (PMP): Launch of 2019 PMP Report
The PMP is ACRA’s key regulatory programme to ascertain whether the auditor’s work has complied with the auditing standards. ACRA will be sharing key observations from their inspections to help you identify areas of improvement to enhance audit quality.
Strategy and Focus of the International Auditing and Assurance Standards Board and ISCA’s Auditing and Assurance Standards Committee
The International Auditing and Assurance Standards Board puts forth a proposed strategy that reflects changing technology, a dynamic small-and medium-sized entity landscape and emerging reporting needs for the next 3 years. Hear what is coming up, both from the international and local front.
2019 Audit Hot Spots
How do the upcoming changes in the auditing standards and changes in financial reporting requirements affect our audit approach? What are the key fundamentals that we need reminders on? This session will cover the key areas, from a technical perspective, that auditors need to consider for the 2019 audits.
Audit of Revenue Under FRS 115 Regime: Overcoming Challenges
Has the audit of revenue under the FRS 115 regime been smooth sailing, or are there complex situations that you are not sure if you have addressed them well? Hear from an industry expert on how to tackle some of these practical challenges.
Data Analytics in Audit
Use of data analytics in audits in Singapore is gaining traction faster than how international standards are changing. ISCA is hence developing a guidance to provide practical guidance on the use of data analytics in financial statements audits to demonstrate how data analytics is applied in a risk-based audit model and how this gel with the requirements of the auditing standards.
Panel Discussion: New Frontiers for Tomorrow’s Practice
In one of the toughest and dynamic economic climates in modern times, the relevance of the role of the audit profession in the financial markets is more important than ever. How do we define the profession’s role and where do we position ourselves to continuously deliver value to businesses and serve the public interest? How would the Practice of Tomorrow look like? Join our panel as they create an ideal future-ready practice.
New Dimensions of Ethics in the Digital Age
In this digital age, new technologies are raising ethical issues and dilemmas that we have never face before. How does technology affect the ethical responsibility of auditors? What is the influence of technology on our professional judgement? This session will share some of the tech ethical issues that the profession should think about.
*Please note that the programme is tentative and will be updated.
*To be announced at a later date.
Deloitte provides audit & assurance, consulting, financial advisory, risk advisory, tax & legal and related services through approximately 286,000 people in a globally connected network of member firms in more than 150 countries. Deloitte Singapore is part of Deloitte Southeast Asia Ltd, – a member of Deloitte Touche Tohmatsu Limited comprising Deloitte practices operating in Singapore as well as Brunei, Cambodia, Guam, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Thailand and Vietnam.
Funding Societies is the largest Peer-to-Peer lending platform in Southeast Asia. We provide business financing to SMEs which is crowdfunded by retail and institutional investors as well as high-net-worth individuals. In 4 years, we have financed over 180,000 business loans at over S$400 million. Funding Societies is dedicated to the vision of funding underserved SMEs and making a positive impact in society. We exist to enable fair financial access to Southeast Asia.
Ingenique Solutions is the leading Anti-Money Laundering/ Countering the Financing of Terrorism (AML/CFT) solution providers. More than 750 clients in Singapore and Hong Kong from the public accounting, company secretarial, legal, real estates industry use our system to comply with the AML/CFT regulatory requirements. Contact us at firstname.lastname@example.org.
KPMG operates as an international network of member firms offering audit, tax and advisory services. We work closely with our clients to mitigate risks and grasp opportunities. Our firms' clients include business corporations, governments and public sector agencies and not-for-profit organizations. They look to us for a consistent standard of service based on high order professional capabilities, industry insight and local knowledge. KPMG member firms can be found in 153 countries and territories. Collectively, we employ 207,000 people across a range of disciplines.
Founded in 1999, LucaNet is now the European and Global market leader in the field of Integrated Real-time One-Source-of-Truth Corporate Performance Management software solution. In line with our motto, “Simply intelligent” LucaNet provides intelligent and intuitive software solutions based on pioneering technology that is built by finance professionals from a finance perspective, in the following fields of Financial Consolidation, Connected Budgeting and forecasting, Reporting and Analysis solution. Beyond a Corporate Performance Management software, we also provide specialised knowledge consulting and expert training to ensure you get the most out of our tools. Our interdisciplinary approach ensures we are always up to date on the latest regulatory requirements and in the best position to liaise with auditors on your behalf.
For more than 20 years, Oracle NetSuite has helped organizations grow, scale and adapt to change. NetSuite provides a suite of cloud-based applications, which includes financials / Enterprise Resource Planning (ERP), HR, professional services automation and omnichannel commerce, used by more than 16,000 customers in 203 countries and dependent territories. For more information, please visit http://www.netsuite.com.sg Follow NetSuite’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.
SAP Concur takes companies of all sizes and stages beyond automation to a completely connected spend management solution encompassing travel, expense, invoice, compliance and risk. Our global expertise, industry-leading innovation and dynamic ecosystem of diverse partners and applications unlock powerful insights that help businesses reduce complexity and see spending clearly, so they can manage it proactively.
UOB BizSmart offers a suite of integrated solutions that lets you seamlessly manage multiple core processes such as sales, invoicing, payroll, accounting and more. Connected to your UOB banking account and facilities, you can access to ready information on your operations and company financials, allowing you to make better informed business decisions and generate better cash flow
If you have any enquires regarding the Practitioners Conference, please contact:
Diana Soh (Ms)
Executive, Quality Assurance
(65) 6597 5527
If you are interested in sponsorship opportunities for SAAC Series, please contact:
Zoey Xie (Ms)
Senior Manager, Industry Support
(65) 6597 5668