Tax Technology
TAKEAWAYS When it comes to investments in technology, one automatically thinks hefty price tags, not to mention the countless hours required from time-strapped professionals before a technology solution is up and running. This is a misconception. Technology plays a central role in transforming businesses in today’s highly digitalised world, and investing in technology is certainly […]
ISCA Lunch Talk: Navigating The Chinese Market
The ISCA Lunch Talk on July 10 was led by executives from Yonyou Network Technology, a provider of cloud services, software, and financial solutions. Titled “Navigating the Chinese Market – Strategies, Challenges, and Success Stories”, the event at ISCA House attracted a capacity crowd of finance and accounting professionals. They were eager to know more […]
The New Norm: Global Minimum Benefits Standards
With talent attraction and retention an ongoing challenge, and the call for more attention on employees’ wellbeing, companies have been relooking their internal priorities and policies to cater to new and emerging needs. From generous benefits that span annual, maternity/paternity and childcare leave to workplace wellness facilities, fully-stocked pantries and relaxation areas or nap rooms; […]
TECHNICAL HIGHLIGHTS
FINANCIAL REPORTING ISCA Issues FRB 9 (Revised June 2024) On Accounting Implications Of The Interest Rate Benchmark Reform In Singapore FRB 9 (Revised June 2024), issued on 27 June 2024, share accounting considerations to assist entities in their understanding of the accounting for financial instruments and hedge accounting which are affected by the replacement of […]
Singapore Named Top Startup Ecosystem Hub In Asia
Singapore climbed one spot to seventh, in the The Global Startup Ecosystem Report 2024 – the only startup ecosystem hub in Southeast Asia to make it into the global top 10 list, and ahead of the Asia ecosystem hubs of Beijing, Seoul, Tokyo and Shanghai. The report by StartupGenome, now in its 12th year, provides […]
Exposure Draft On ISA 240 (Revised)
TAKEAWAYS As one of the key gatekeepers of financial integrity, the auditor plays a pivotal role in the accuracy and reliability of financial statements. In an effort to clarify and enhance the role of auditors relating to fraud as a means of enhancing public trust in financial reporting, the International Auditing and Assurance Standards Board […]
The Driving Force Leading ISCAccountify
Meet some of the 100 minds shaping ISCA’s future. Each staff, with his/her unique skills and perspectives, contributes to the collective effort. This series shares insights into some of the day-to-day happenings at ISCA House. Read on and stay tuned for more. “Hi, I’m Kacie, the Associate Director at ISCA Academy, although my colleagues fondly […]
Are Employees Afraid To Air Their Grievances?
TAKEAWAYS Despite having proper grievance-handling procedures and channels in place, employees may still hesitate to raise their concerns due to fear or perception of mistrust. Some may opt to remain silent even when facing unfair treatment or harassment at the workplace. If left unaddressed, these grievances can affect employee morale, productivity and ultimately, the company’s […]
Five Pillars Of Successful Digital Transformation
TAKEAWAYS Companies are expected to continue investing in digital transformation while facing increasing pressure to produce results, according to an EY-Parthenon Digital Investment Index (DII) survey of C-level executives from large companies around the world. They are also under mounting pressure to accelerate the launch of technology-enabled products and services and achieve efficiencies. Over 40% […]
Be Patient And Adaptable; Develop Relationships
TAKEAWAYS As the Chapter Chairperson of ISCA, I am deeply honoured and eager to share my experiences and insights. In this role, I represent not only our organisation but also the interests and voices of a broad community of accountancy professionals. As a professional accountant, my experience in conducting business overseas has enriched my career. […]
