The Non-Traditionalist HR Professional
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. “If you’re looking for a traditionalist for HR, then I may not be […]
Is Working Overseas As Good As They Say?
TAKEAWAYS According to the National Population and Talent Division’s 2023 Population in Brief, 205,200 Singaporeans reside overseas, where a majority are pursing overseas employment. The Straits Times also reported that a recent survey found that 93% of Singapore respondents prefer to work in firms with overseas operations rather than those with only a domestic focus […]
Bigger Push For Flexible Work Arrangements In Singapore
The Tripartite Statement on Flexible Work Arrangements, released by the Ministry of Manpower (MOM) in April, encourages companies to sustain and promote flexible work arrangements (FWAs). It comes with practical implementation tips that range from the whys to the hows and more, including advice on where to get more support. FWAs have strengthened the resilience […]
Harnessing Digital Disruption
TAKEAWAYS In today’s fast-paced digital landscape, understanding and leveraging digital disruption is crucial for any business aiming to thrive. Already, technological shifts are not only frequent, they are exponentially rapid, redefining how we think about commerce, interaction, and daily operations. Think about the last time you used a mobile payment service like Apple Pay or […]
Auditor Independence In A Group Audit (Part 2)
TAKEAWAYS ISCA’s Code of Professional Conduct and Ethics (EP 100 or the Code) revised on 30 August 2023 contains a new Section 405 which holistically addresses independence considerations in a group audit. Part 1 of the article, published in CA Lab Week 3, set out the independence considerations for the group auditor and its network […]
Dialogue With Minister Grace Fu On COP28: Navigating Climate & Business In 2024
The COP28 UN Climate Change Conference in Dubai saw significant breakthroughs in many key areas ranging from agriculture to energy transition. Recognising the indisputable relevance of these developments, Singapore Business Federation (SBF) and ISCA came together to engage leading minds and business leaders on the takeaways from the conference, in a bid to galvanise the […]
Singapore’s Gender Pay Gap Narrows In Recent Years
Singapore has made progress in narrowing the gender pay gap in the last five years, though pay parity will require more time and concerted effort on all fronts. According to data from the Ministry of Manpower (MOM), released in March this year, in 2023, the median income for women working in the city-state was 14.3% […]
TECHNICAL HIGHLIGHTS
AUDITING AND ASSURANCE ISCA Issues Audit Bulletin 4 Non-Consolidation Of Subsidiaries – Considerations For The Auditor’s Report (AB 4) In ACRA’s Audit Regulatory Report 2023, one area of concern highlighted is where an audited parent entity does not present consolidated financial statements as required by FRS 110 Consolidated Financial Statements. In such situations, the auditor […]
Auditor Independence In A Group Audit (Part 1)
TAKEAWAYS ISCA’s Code of Professional Conduct and Ethics (EP 100 or the Code) was last revised on 30 August 2023 and became effective on 15 December 2023. EP 100 (revised on 30 August 2023) contains a new Section 405 which holistically addresses independence considerations in a group audit. The changes aim to align with SSA […]
Chinese Automakers’ Secret To Scaling Up EVs
TAKEAWAYS When it comes to the electric vehicle (EV) market, China is leading the charge ahead of traditional automotive juggernauts like Germany and Japan. The country’s new EV sales grew by 82% in 2022, comprising nearly 60% of global EV purchases. This greatly surpasses that of the United States (US), Norway and other Scandinavian nations […]
