PwC’s second year report on the implementation of enhanced auditor reporting in Singapore, titled “Time to Step Up: Building momentum for progress”, revealed that while there was an increase in audit committees (ACs) providing commentaries on significant financial reporting matters in the annual... Read More
Auditor Reporting
13
Jul2017
Key findings from a joint study on the communicative value of Key Audit Matters, a year into the enhanced auditor's report, and possible areas for improvement in the second year. Read More
04
Jul2017
Embracing Transparency, Enhancing Value – A First Year Review of the Enhanced Auditor’s Report in Singapore
04 Oct 2017
Annual reports help investors decide where to put their hard-earned money. More insightful disclosures can therefore improve corporate transparency and enhance investors’ decision-making. This in turn boosts the trust and confidence of investors and other stakeholders in capital markets. Read More
30
Jul2017
The Accounting Corporate Regulatory Authority (ACRA), the Institute of Singapore Chartered Accountants (ISCA) and the Securities Investors Association Singapore (SIAS) have jointly produced a Guide to help investors better engage company directors, management and auditors. This Guide on the enhanced... Read More
17
Jul2016
Enhanced Auditor Reporting
17 Oct 2016
AN EARLY ADOPTER’S EXPERIENCE ON KEY AUDIT MATTERS
During the Singapore Accountancy Convention 2016 (SAC) on August 25, Julia Tay, then-Deputy Chief Executive, Accounting and Corporate Regulatory Authority (ACRA), had shared, “When we talk about extended auditor’s reports, foreign brands like Rolls... Read More
12
Jul2016
“Other Information” in an Audit (Part 2)
12 Aug 2016
Part 1 of this article was published in the July 2016 issue of IS Chartered Accountant. It focused on two key changes to Singapore Standard on Auditing (SSA) 720. This article covers the last key change on the enhanced systematic approach on Other Information (OI) work as well as the... Read More
01
Jul2016
“Other Information” in an Audit (Part 1)
01 Jul 2016
Responsibilities of the auditor when a suite of seven new and revised auditor reporting standards come into effect in December 2016.
Please click here for full publication. Read More
03
Jul2016
This report, jointly produced by the Association of Chartered Certified Accountants (ACCA) and ISCA, draws on a roundtable held in Singapore in November 2015. The roundtable involved directors from Singapore and Malaysia who chair and sit on various audit committees, and representatives from... Read More