Gatekeeper, Creator And Craftsman Of Knowledge
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. “Before CA Lab, there was the IS Chartered Accountant Journal, an award-winning publication […]
Singapore Is Asia’s Most Preferred City To Work In
Singapore has been ranked the most desired Asian city to work in, according to Jobstreet’s Decoding Global Talent Report 2024. Globally, the city-state is the eighth top job destination, a ranking it has retained from 2020 to 2023, and a significant improvement from its 18th spot in 2018. The top three most preferred global cities […]
Navigating Uncharted Seas With First-Time Directors
TAKEAWAYS Remember the old adage, “It’s not what you know, but who you know”? Those days are fading into the sunset of yesterday’s boardrooms. In today’s volatile, cut-throat and relentlessly innovative business environment, the old rules are being rewritten. Directors now face heightened accountability and a demand for diverse skill sets. A board lacking experts […]
Protected: Getting To Know …
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Exposure Draft – Business Combinations (Part 1)
TAKEAWAYS In the post‑implementation review of International Financial Reporting Standard (IFRS) 3 Business Combinations, stakeholders raised concerns that investors are not receiving sufficient information about the business combinations1. As investors need additional information to help them better understand the rationale of the acquisition, the International Accounting Standards Board (IASB) recognises the inadequate business combination disclosure […]
Next-Gen Finance
TAKEAWAYS By nature, finance is a forward-looking process, and the CFO plays a pivotal role in charting the course for the year ahead. And, in an era of innovation, there’s no better time than now to set your sights on moving onward and upward. But, to harness the next generation of finance, what do teams […]
Malaysia’s Economy Surpasses Expectations In Q1
Improvements in export performance and a revitalised domestic demand powered up Malaysia’s economy in the first quarter of 2024 (Q1 2024) by 4.2%, compared to 2.9% in Q4 2023. With the Q1 2024 growth exceeding the Bloomberg forecast of 3.9%, the government is optimistic that Malaysia’s gross domestic product is well placed to expand within […]
Technical Highlights
AUDITING AND ASSURANCE IAASB Announces New Strategy And Work Plan To Advance Global Audit And Assurance Standards The International Auditing and Assurance Standards Board (IAASB) published its approved strategy and work plan aimed at enhancing consistency and quality of audit and assurance standards worldwide. Elevating Trust in Audit and Assurance: IAASB’s Strategy and Work Plan […]
In Praise Of Boredom
TAKEAWAYS People who possess everything – the ultra-wealthy “kings” among us – are often the most prone to boredom. In an attempt to break free from their ennui, they indulge in luxurious homes, yachts, planes, extensive art collections and sprawling vineyards. But the allure of each of these distractions seems to be fleeting. Despite their […]
ISCA Breakfast Talk On Arm’s Length Price Considerations
The ISCA Breakfast Talk on May 8 recorded an attendance of over 100 participants. Held at ISCA House, the session, titled “Manufacturer, Distributor Or Service Provider – A Practical Perspective For Arm’s Length Price Considerations For All”, provided attendees with a better understanding of the concept of transfer pricing (TP) and the different practical business […]
