From Finance To Sales And Strategic Partnerships
TAKEAWAYS In 2012, I had a pivotal career opportunity – relocating with Microsoft from Singapore to Australia, to manage a larger portfolio and engage with top stakeholders. Despite the personal risks of moving my family, the professional growth and new challenges warranted this significant step in my career journey. THE EARLY YEARS: LEARNING THE FINANCIAL […]
ISCA Breakfast Talk: Enhancing Whistleblowing Practices
In today’s complex organisational landscape, whistleblowing serves as a cornerstone for transparency and accountability. At the ISCA Breakfast Talk event, “Enhancing Whistleblowing Practices: Navigating Challenges and Embracing Change”, on August 14, Oo Yang Ping, AP Managing Director, Conduct Watch & Claims View, Forensic & Financial Crime, Deloitte Southeast Asia, emphasised the pivotal role of whistleblowing […]
Digital Transformation Journey With InvoiceNow
TAKEAWAYS In all likelihood, you would have noticed the recent buzz surrounding InvoiceNow in Singapore. In a significant step towards digital transformation for businesses, the Inland Revenue Authority of Singapore (IRAS) and Infocomm Media Development Authority (IMDA) announced on 15 April 2024 that InvoiceNow will be progressively extended to GST-registered businesses in Singapore. A soft […]
Listening: The Secret Sauce Of Great Leadership
TAKEAWAYS: When we picture a leader, we often see someone confidently speaking – rallying the team, laying out a vision, and issuing directives. But there’s another side to leadership that’s just as powerful: the ability to listen. Beyond all the talk about vision, strategy, and decision-making, the leaders who truly stand out are those who […]
The Case For Workplace Fairness
TAKEAWAYS New or old, big or small, workplace fairness is every company’s business. In the midst of immediate challenges that small and medium-sized enterprises (SMEs) may face, such as managing costs and growing their business, preparing for the upcoming workplace fairness legislation may not always be at the forefront of their agenda. However, it is […]
Three Areas To Strengthen Asia’s Food Resilience
COVID-19 showed up Singapore’s strengths and vulnerabilities. While the government’s handling of the pandemic received global accolades, the massive disruptions to life as we know it also accentuated Singapore’s weaknesses, including its heavy reliance on imports for food. Clearly, there is urgency for the city-state bolster its food resilience. The “30×30” initiative is designed to […]
TECHNICAL HIGHLIGHTS
AUDITING AND ASSURANCE ISCA Issues Updated Audit Guidance Statement (AGS) 1 (Revised Aug 2024), Sample Independent Auditor’s Reports AGS 1 is a compilation of commonly used sample independent auditor’s reports. ISCA and the AGS 1 Sub-Committee have worked with EDB to develop additional procedures in relation to new reporting requirements under EDB’s tax incentive scheme. […]
First, Understand The Culture
TAKEAWAYS It’s been almost four years since I arrived in Bangkok, in the midst of the COVID-19 shutdown. Perhaps it was the “empty nest” syndrome that drove us here, but after 15 years in Hong Kong, we figured it was time for a fresh challenge. Thankfully, I have a family that is supportive and accustomed […]
Dynamic Array Formulas In Excel
TAKEAWAYS We accountants love templates because reusable templates save time. Train Excel right once, and it will repeat the task for you subsequently. One key aspect when creating templates is to consider scalability. A good template should adapt to varying amounts of data, minimising human intervention when scenarios change. For the longest time, since I […]
AI In Finance And Accounting
TAKEAWAYS Generative artificial intelligence (gen AI) will be a gamechanger for the finance and accounting functions: that’s what 72% of business leaders in Singapore agreed with, as the technology is expected to augment existing functions, increase productivity, and lower costs. However, the adoption of gen AI in finance and accounting-related functions is still nascent. In […]