Singapore Listed Companies Made Good Progress In Adopting The Best Practices Relating To Audit Committees

- Key findings from the fourth study on the profile of audit committees in Singapore Singapore, 12 January 2021 – The latest study on audit committees (ACs) found that listed companies in Singapore have made progress in adopting corporate governance best practices. To build on the progress made, the...

Family Justice Courts and Institute of Singapore Chartered Accountants Sign MOU on Setting Up Panel of Financial Experts

The financial experts, who are ISCA members, will provide financial valuation reports on matrimonial assets in divorce cases The Family Justice Courts (FJC) and the national accountancy body, the Institute of Singapore Chartered Accountants (ISCA), have collaborated to identify and form a Panel of...

ISCA Survey: Audit Committee Members Want Their Approval Sought Before Auditors Can Be Appointed To Provide Non-Assurance Services

22 October, 2020 – Auditor independence is vital to public trust in audited financial statements, and contributes to audit quality. In recent years, audit firms’ provision of non-assurance services to audit clients has come up as an issue that is perceived to affect auditor independence. There is...

Report Maps Out How Companies Can Redesign their Finance Function Amid Digital Transformation

-       Within the next three to five years, technologies like robotic process automation (RPA), artificial intelligence (AI), advanced analytics/big data and blockchain will greatly enhance decision making and effectiveness of finance...

Kon Yin Tong Re-elected As President of The Institute of Singapore Chartered Accountants

-Ms Yvonne Chan, Director (Finance, Procurement & Administration), Enterprise Singapore, is re-elected as Vice-President-Mr Kelvin Tan, Adjunct Associate Professor, NUS Business School, is re-elected as Secretary 20 June 2020 – Mr Kon Yin Tong, Managing Partner of Foo Kon Tan...

Amid COVID-19 Economic Fallout, Youths from Disadvantaged Families Receive Timely Financial Aid from ISCA Cares

-  ISCA Cares gave S$110,000 in bursaries to 55 beneficiaries 19 June 2020– Like many countries, Singapore’s economy is badly affected by the COVID-19 global pandemic[1]. The economic fallout has impacted many people, especially those in the lower-income bracket. To provide timely financial...

ISCA Rolls Out Resources To Support Accountancy And Finance Professionals Affected By Covid-19 Pandemic

21 April, 2020 – The Covid-19 global pandemic is creating widespread challenges for many businesses and individuals. The accountancy profession is similarly not spared from the fallout from Covid-19. To support accountancy and finance professionals affected by the Covid-19 pandemic, the national...

ISCA’s Response To Singapore Budget 2020

18 February 2020 – The Institute of Singapore Chartered Accountants (ISCA) supports the key initiatives in the 2020 Singapore Budget, as mentioned in the Budget Statement, delivered in Parliament by Deputy Prime Minister and Minister for Finance Heng Swee Keat, on 18 February 2020. ISCA lauds the...