The Future Of AI In Accounting
TAKEAWAYS In recent years, the accounting sector in Singapore and around the world has seen significant transformations largely driven by advancements in artificial intelligence (AI) and automation technologies. As these tools become more integrated into accounting practices, they promise substantial changes in how accountants work and deliver value. While businesses are gradually integrating AI into […]
Indonesia: SEZs To Fuel Tech And HR Development
Special Economic Zones (SEZs) have proven to be a strong driver of regional and national economic development for Indonesia, according to a statement issued by the government on June 201. In the first quarter of 2024, around 20 SEZs recorded sterling achievements, including investments of IDR15.1 trillion (US$914.63 million), employment of 9,342 workers, and the […]
All About Qualifications
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. “It has been quite a journey, witnessing the evolution and development of the […]
Technical Highlights
AUDITING AND ASSURANCE ISCA Comments On IAASB’s Exposure Draft (ED): Proposed ISA 240 (Revised), The Auditor’s Responsibilities Relating To Fraud In An Audit Of Financial Statements ISCA provided comments on IAASB’s ED on proposed ISA 240 (Revised). One key revision is new requirements for the auditor to communicate key audit matters (KAMs) related to fraud […]
Your Dream Job May Not Exist, And That’s Okay
TAKEAWAYS For decades, the mantra “follow your passion” has been one of the most popular pieces of career advice. Ever since Steve Jobs famously told Stanford graduates back in 2005 to “find what you love”, university students have been nudged to pursue careers that align perfectly with their personal interests. But this approach can be […]
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 …
There is no excerpt because this is a protected post.
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 […]
