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Archived local and international news
IAASB Releases Working Group Paper on Supporting Credibility and Trust in Emerging Forms of External Reporting
17 Aug 2016
IAASB’s Integrated Reporting Working Group, dedicated to exploring emerging forms of external reporting (referred to as EER), has released a Discussion Paper, Supporting Credibility and Trust in Emerging Forms of External Reporting: Ten Key Challenges for Assurance Engagements.
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Archived local and international news
IAASB Issues Public Survey to Inform Its Work Plan for 2017–2018
24 Jul 2016
The International Auditing and Assurance Standards Board (IAASB) today released a survey consultation, The IAASB’s Work Plan for 2017‒2018 and Continuing Relevance of Its Strategic Objectives.
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Archived local and international news
Call for Outcome-Focused Regulation and Regular Reviews at IFAC-ICAEW Roundtable
21 Jul 2016
Strong Corporate Governance Must Bolster Regulatory Efforts, Say Senior Executives, Regulators, Academics
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Archived local and international news
Making Sense of Complex Change – Internal Audit and the Boardroom
19 Jul 2016
The President of International Federation of Accountants, Ms Olivia F. Kirtley, gave her speech and presentation on "Making Sense of Complex Change – Internal Audit and the Boardroom" during the IIA Conference on 20 July 2016.
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Archived local and international news
New IFAC Research Report Demonstrates Positive Association Between Business Performance and Use of Accountants
15 Jul 2016
Literature Review Reveals Key Findings for SMEs, Large Enterprises
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Archived local and international news
Comments Sought on ED SSA 810 (Revised)
21 Jun 2016
Singapore Standard on Auditing (SSA) 810 (Revised), Engagements to Report on Summary Financial Statements deals with the auditor’s responsibilities relating to an engagement to report on summary financial statements derived from financial statements audited in accordance with SSAs by that same auditor.
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Archived local and international news
Further extension of time for private companies to update shareholder information
05 Jun 2016
In December 2015, ACRA announced that it would be maintaining the registers of members for private companies in electronic form (EROM) from 3 Jan 2016 onwards.
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Archived local and international news
ACRA issues Registrar’s Interpretations
31 May 2016
ACRA has issued the first set of Registrar’s Interpretations (“RIs”) that provide ACRA’s interpretation of how specific provisions under the Companies Act and other business legislation are to be applied in practice.
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Archived local and international news
SSA 800 (Revised) and SSA 805 (Revised)
26 May 2016
Singapore Standard on Auditing (SSA) 800 (Revised) deals with special considerations in the application of the SSAs to an audit of financial statements that are prepared in accordance with a special purpose framework.
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Archived local and international news
IAASB Welcomes US PCAOB’s Efforts to Enhance the Auditor’s Report
22 May 2016
The International Auditing and Assurance Standards Board welcomes the release by the US Public Company Accounting Oversight Board (PCAOB) of its re-proposed auditing standard, The Auditor's Report on an Audit of Financial Statements When the Auditor Expresses an Unqualified Opinion.
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