Leadership Team Alignment
TAKEAWAYS Leadership teams play an important role in creating value for companies and even for their very survival. Yet leaders often report poor satisfaction in terms of the way these teams function. Why is that so? The composition of these teams offers some clues. As described in the book Leadership Team Alignment: From Conflict to […]
DNA Of The Modern CFO
A recent report from recruitment firm Hays shines the spotlight on the evolving role of the Chief Financial Officer (CFO) in the region. With input from more than 150 CFOs in Southeast Asia and six in-depth interviews with industry leaders, the report was launched in December 2024. In addition to the findings and analyses, the […]
Top 10 Countries To Relocate For Work
The global job market is becoming increasingly interconnected, and opportunities can be found in diverse locations beyond the local borders. Which countries are popular with professionals seeking overseas experiences? Which countries have vacancies for foreign hires? Based on the surveys and rankings in 2023 and 2024, the same countries tend to be featured on the […]
Key Tax Changes In 2025
TAKEAWAYS As a small and open economy, Singapore maintains its competitive edge by implementing tax policies that align with international developments while addressing local priorities. Entering the new year, we review several key tax updates in Singapore that take effect in 2025. (1) DOMESTIC TOP-UP TAX AND MULTINATIONAL ENTERPRISE TOP-UP TAX Under Pillar Two of […]
Joining A Charity Board
TAKEAWAYS Charities are an important component of a society. In fact, they are so important that the United Nations has proclaimed September 5 each year as the International Day of Charity. Charities help to support vulnerable groups and can foster greater cohesion among different groups of people to contribute to social good. Charities in Singapore […]
Sending Reports Via Email With VBA
TAKEAWAYS VBA (Visual Basic for Applications) is a programming language and environment embedded within most Microsoft Office products, including Excel and Outlook. This means VBA can automate more than just tasks within a workbook; it can also integrate with other applications, such as Outlook, to streamline processes like sending emails. For accountants who need to […]
Developing Modern Leadership Skills
For the first time in history, there are four generations (some say five, if octogenarians of the silent generation are counted) in the workforce. These broadly comprise the baby boomers, gen X, gen Y or millennials, and gen Z. Many companies would likely have baby boomer or gen X in key leadership positions. The unprecedented […]
TECHNICAL HIGHLIGHTS
AUDITING AND ASSURANCE ISCA Issues Updated SSA 260 (Revised) And SSA 700 (Revised) Arising From Revised ACRA Code The amendments, which are effective for periods beginning on or after 15 December 2024, operationalise the revisions to the ACRA Code that require a firm to publicly disclose when it has applied the independence requirements for public […]
IFRS 19
TAKEAWAYS The International Accounting Standards Board (IASB) introduced a new, reduced disclosure framework for subsidiaries, IFRS 19 Subsidiaries without Public Accountability: Disclosures, on 9 May 2024. The objective of this new framework is to reduce the cost of preparing financial statements under IFRS accounting standards for subsidiaries that are not publicly accountable, while maintaining the […]
Tax Appeals In Malaysia And Indonesia
TAKEAWAYS As Singapore is a popular head office location, Singapore tax professionals have a pivotal role to play in helping multinational enterprise (MNE) groups navigate the intricate regional tax landscape. To keep tax professionals up-to-date on the regional tax landscape, the Singapore Chartered Tax Professionals organised a seminar where three regional tax experts came together […]