.png?sfvrsn=dd675fd5_2)
-(1).png?sfvrsn=db949de5_0)
6a6c7fe2013f4be3b0ecc0a5930da5c9.jpg?sfvrsn=ab5334c8_0)
/business-management-global-connection/istock-1167579720-c.jpg?sfvrsn=ff93f9a5_2)
/audit-assurance/istock-1169206203-c.jpg?sfvrsn=1d6f9b25_6)
/professionals/istock-845530100-c.jpg?sfvrsn=46efdedd_2)
/ethics-and-professionalism/istock-1141115724-c.jpg?sfvrsn=4e54d691_2)
/audit-assurance/istock-818732836-c-v3.jpg?sfvrsn=ae44e7b7_0)
.png?sfvrsn=905ee1bd_0)
/legal-secretarial/istock-866706340-c.jpg?sfvrsn=d7f57b8c_2)
-
Local News
ISCA Invites Comments on IAASB’s Exposure Draft: Proposed ISSA 5000 General Requirements for Sustainability Assurance Engagements
03 Aug 2023
ISSA 5000 is a new standard suitable for limited and reasonable sustainability assurance engagements. Please send your comments on the exposure draft to professionalstandards@isca.org.sg by 30 September 2023.
-
Local News
ISCA Issues Updated Auditing and Assurance Pronouncements and Guidance Arising from SFRS(I) 1–1 and FRS 1
07 Jul 2023
ISCA’s Auditing and Assurance Pronouncements and Guidance have been updated to be aligned to the terminology used in the updated financial reporting standards. The updates would be effective for audits of financial statements for periods beginning on or after 1 January 2023.
-
Local News
ISCA Invites Comments on IAASB’s Exposure Draft: Proposed ISA 570 (Revised 202X) Going Concern and Proposed Conforming and Consequential Amendments to Other ISAs
29 May 2023
ISA 570 (Revised 202X) deals with the auditor’s responsibilities in the audit of financial statements relating to going concern and the implications for the auditor’s report. Please send your comments on the exposure draft to professionalstandards@isca.org.sg by 30 June 2023.
-
Local News
ISCA Comments on IAASB’s Exposure Draft: Proposed Part 10, Audits of Group Financial Statements of the Proposed International Standard on Auditing for Audits of Financial Statements of Less Complex Entities (ISA for LCE)
02 May 2023
ISCA is supportive of the inclusion of group audits in ISA for LCE for less complex groups and provided feedback on the scope of the proposed prohibition on use and group-specific qualitative characteristics. When the finalised ISA for LCE is issued by the IAASB, ISCA will conduct outreach activities to seek the profession’s feedback with regards to adopting the standard in Singapore.
-
Local News
ISCA Issues Updated Audit Guidance Statement 1 (Revised Apr 2023), Sample Independent Auditor’s Reports
28 Apr 2023
Appendix 5A, which pertains to an agreed-upon procedures report in connection with an example of an EDB grant scheme, has been updated to include procedures in relation to new reporting requirements.
-
Local News
ISCA Comments on IAASB’s Exposure Draft: Proposed ISA 500 (Revised) Audit Evidence and Proposed Conforming and Consequential Amendments to Other ISAs
19 Apr 2023
ISCA is supportive of the revised standard, especially on the enhancements over the application of technology and professional skepticism in audits. ISCA proposed for further elaboration on the use of data analytics to support and facilitate its adoption.
-
Local News
ISCA Comments on IAASB’s Consultation Paper: The IAASB’s Proposed Strategy and Work Plan for 2024–2027
11 Apr 2023
While ISCA supports IAASB’s overall proposed strategy, ISCA urged for the prioritisation of technology targeted projects to update the ISAs for the impact of technology, especially in relation to auditing of complex IT environment and digital assets.
-
Local News
ISCA Issues SSA 600 (Revised), Special Considerations – Audits of Group Financial Statements (Including the Work of Component Auditors)
06 Mar 2023
SSA 600 (Revised) deals with special considerations that apply to a group audit, including when component auditors are involved. The standard includes new and revised requirements for better alignment with recently revised standards (such as the quality management standards) and strengthens the auditor’s responsibilities related to planning and performing a group audit, among other revisions. Effective for audits of financial statements for periods beginning on or after 15 December 2023.
-
Local News
ISCA Invites Comments on IAASB’s Exposure Draft: Proposed Part 10, Audits of Group Financial Statements of the Proposed International Standard on Auditing for Audits of Financial Statements of Less Complex Entities (ISA for LCE)
08 Feb 2023
This proposed section is intended to form part of the proposed ISA for LCE when finalized. Group audits were not included in the scope of the original Exposure Draft of the ISA for LCE, which was issued in July 2021. Please send your comments on the exposure draft to professionalstandards@isca.org.sg by 8 March 2023.
-
Local News
ISCA Invites Comments on IAASB’s Consultation Paper: The IAASB’s Proposed Strategy and Work Plan for 2024–2027
20 Jan 2023
The work plan focuses on areas where further development of standards can best contribute to meeting the needs of stakeholders in an external reporting ecosystem, with a focus on performance of high-quality audit and assurance engagements. Please send your comments on the exposure draft to professionalstandards@isca.org.sg by 24 February 2023.
Displaying results 11 - 20 of 63 search results