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 […]

Building Tax-Efficient Resilience Into Supply Chains

TAKEAWAYS The world has witnessed major supply chain disruptions in recent years. Global events like the COVID-19 pandemic, the US-China trade war and, more recently, the Red Sea blockade, have time and again exposed the vulnerabilities of the highly interdependent international trade network and, simultaneously, demonstrated the importance of a resilient supply chain. “While these […]

Job Vacancies In Singapore In 2023

Economy in transition. Pivoting to new business areas. Transformation. Innovation. Such corporate-speak tends to pepper the conversations of those in business. Earlier this year, a Ministry of Manpower (MOM) report provides some figures to lend credence to these oft-used terms. In MOM’s Job Vacancies Report 2023 released on March 25, last year, 47.3% of the […]

Optimising Fund Transfer Pricing Mechanisms

TAKEAWAYS Increasing market volatility, inflation, cost of funding, and market illiquidity have placed banking CFOs and their treasurers under growing pressure to reassess the effectiveness of their fund transfer pricing (FTP) mechanisms, and the accuracy with which they are evaluating, managing, and charging the various business units. Compounding this challenge are also several emerging factors […]

Want To Work In The UK?

TAKEAWAYS I first came to London in 2003 on a year-long secondment. At the end of it, a job offer from Citi came along. With almost no compunction, I broke my bond and turned my coat – because in 2004, it was all about the money. Germaine Chia, ISCA’s United Kingdom Chapter Chairperson, is Chief […]

Want To Reverse Quiet Quitting?

TAKEAWAYS According to the Gallup State of the Global Workplace: 2023 Report, the percentage of quiet quitters (also known as disengaged employees) in Southeast Asia has increased. At 68%, it is three percentage points higher than the global average. This means that nearly seven out of 10 employees are “quietly quitting”. They feel disconnected from […]

Majority Of Asia-Pacific CEOs Have Taken Steps Towards Reinvention

A recent survey shows that although many Asia-Pacific CEOs are not confident about their company’s long-term viability, they have taken steps towards business reinvention. According to PwC’s 27th Annual Global CEO Survey released this January, uncertainty continues to occupy the mindspace of CEOs across the globe. In Asia Pacific, CEOs have highly divergent views about […]

Taking The Leap From CFO To CEO?

TAKEAWAYS While the CFO role has grown more complex, it has also become one of the most rewarding positions in the C-suite, according to the 2023 EY Global DNA of the CFO study. It is no wonder that finance professionals in Southeast Asia increasingly see the CFO role as a stepping stone to the CEO […]

Technical Highlights

AUDITING AND ASSURANCE IAASB Launches New Video Series To Understand ISA For LCE The International Standard on Auditing for Audits of Financial Statements of Less Complex Entities (ISA for LCE), issued by the International Auditing and Assurance Standards Board (IAASB) in December 2023, is a standalone global auditing standard designed specifically for smaller and less […]

ISCA Women Connect: Celebrating The Diverse Roles Of Women

ISCA Connects is a curated series of networking events that was launched to engage and bring together ISCA members from diverse sectors, industries and profiles throughout the year. For the month of March, ISCA Connects is dedicated to female Chartered Accountants, in conjunction with International Women’s Day, to celebrate the diverse roles of women. Yvonne […]