Listing On SGX
TAKEAWAYS Singapore’s capital markets have a strong long-term outlook as Asia remains a world growth engine with significant capital inflows. The enterprises that intend to seek listing would typically have mostly progressed beyond the start-up phase and have strong attributes, which investors expect issuers seeking to raise funds from the capital markets should have, including: […]
Singapore: A Time Of Transition
TAKEAWAYS What would 2024 bring? As I write this article in December, I take a look back at the past 11 months or so, and also ahead – to try to see what the future may hold for us here in Singapore. The Singapore economy avoided a technical recession in 2023, but GDP growth remained […]
Watch What You Eat!
TAKEAWAYS Take your mind back to 2015, a time when food delivery was a luxury and dietary knowledge was limited. The emphasis was on avoiding fat, not sugar, and our understanding of diets was confined mostly to vegetarian or vegan options. Fast forward to today in a post-COVID-19 world, where work from home has become […]
Green FinTechs A Promising New Growth Area In ASEAN
Sustainability is garnering significant investor interest in ASEAN despite uncertain macroeconomic conditions in 2023, with green financial technology (fintech) firms bringing forth innovative solutions to help businesses and governments address challenges and opportunities of going green. This insight was drawn from the FinTech in ASEAN 2023: Seeding the Green Transition report by UOB, PwC Singapore […]
Malaysia On Track For 4% Growth
Domestic demand anchored the Malaysian economy in the third quarter of 2023 (3Q23), while global conditions remained weak and volatile. The gross domestic product (GDP) in 3Q23 rose 3.3%, bringing growth in the first nine months of 2023 to 3.9%. This is consistent with the government’s growth forecast of approximately 4% for 2023. Domestic demand […]
Now Available: Updated 2023 ISCA Illustrative Financial Statements
The 2023 ISCA Illustrative Financial Statements are now available! This updated edition provides guidance on the issues and disclosure requirements that should be considered when reporting on the financial effects of the various macroeconomic events and their subsequent developments in the financial statements. ISCA members can download the publication here.
Sustainability Transformation
TAKEAWAYS A joint study by the Institute of Singapore Chartered Accountants (ISCA), Singapore Manufacturing Federation (SMF), Deloitte & Touche Business Advisory Pte Ltd (Deloitte), and Singapore Management University (SMU), titled Sustainability Transformation: The Role of Accountancy and Finance Professionals in the Singapore Manufacturing Sector, was launched at the ISCA Conference on 29 November 2023 with […]
Singapore Workforce Ranks Among The Best In The World
Singapore and the United States of America have retained their leading positions as the world’s most talent-competitive countries, according to the Global Talent Competitiveness Index (GTCI) 2023. European countries continue to dominate the Top 25, with 17 of them ranked. For the first time, Japan dropped out of the Top 25 and South Korea moved […]
CFOs Rank ESG Metrics And Measurement As Their Top Priority
The annual Global Finance Trends Survey, conducted by global consulting firm Protiviti, finds that the pressure to implement and report on organisation-wide ESG (environmental, social and governance) programmes has intensified for Chief Financial Officers (CFOs), with 60% of finance leaders indicating a substantial increase in the focus and frequency of their reporting related to ESG issues. […]
ISCA Extends Footprint In Australia And China
ISCA, as the national accountancy body, is playing our part to support the career aspirations of members who wish to venture abroad, as well as the internationalisation efforts of local firms. One of the ways we do this is by establishing overseas chapters. Through our overseas chapters, the Institute can better support members in mitigating […]