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 […]

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 […]

People, Performance And Profit

TAKEAWAYS Jason is the Head of the Human Capital Management (Postgraduate) Programme at the Singapore University of Social Sciences. I received a call from him one day. He asked, “Do you think human resource (HR) folks should know how to read financial statements?” Jason felt that students in his programme should know more than just […]

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 […]

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 […]

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. […]

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 […]