ISCA’s Global Talent Programme 2025 (Part 4 Of 6)
TAKEAWAYS You don’t have to be a foodie to know Old Chang Kee, a home-grown brand synonymous with curry puffs, and a range of hot snacks that resonate with both locals and tourists. Our team’s assigned problem statement focused on two pressing challenges: manpower shortages, and rising costs of food, rent, and labour. Although these […]
Strengthening Business Through People
Employers now have more resources to help them fortify the business in an increasingly complex business environment, by bolstering workforce resilience. TalentTrack & TalentTrack+, launched by SkillsFuture Singapore (SSG) on August 18, are designed to support employers in identifying their skills needs, and taking a skills-first approach to hiring and upskilling. Chrysalis, a self-help digital […]
Extending Benefits Of Reduced Disclosures To More Entities
TAKEAWAYS WHAT IS FRS 119? FRS 119 Subsidiaries without Public Accountability: Disclosures, a voluntary Standard issued by the Accounting Standards Committee (ASC) under the Accounting and Corporate Regulatory Authority (ACRA) in 2024, specifies the disclosure requirements that apply to a subsidiary which does not have public accountability and whose parent produces consolidated financial statements that […]
ISCA’s Global Talent Programme 2025 (Part 3 Of 6)
TAKEAWAYS When our team first embarked on the National University Health System (NUHS) problem statement as part of ISCA’s Global Talent Programme (GTP) 2025, we were admittedly overwhelmed. The issue at hand was not limited to NUHS alone; rather, it was intertwined with the collective healthcare system of Singapore. Knowing that our work could potentially […]
Hong Kong Is Top Global IPO Market In 1H 2025
Hong Kong has recorded its strongest first half year IPO performance since 2021, with a sevenfold increase in funds raised from January to June 2025 (1H 2025), compared to the same period in 2024, according to KPMG’s latest Chinese Mainland and Hong Kong IPO Markets: 2025 mid-year review, released on 3 July 2025. The exceptional […]
Rethinking Finance
TAKEAWAYS Let’s face it – finance professionals are still being asked to deliver predictability in an increasingly unpredictable world. Whether it’s forecasting next quarter’s cash flow, defending a three-year business plan, or navigating sudden funding cuts, the pace of change has outgrown our traditional ways of working. Forecasts become outdated before they are even approved. […]
How Misfit Bias Can Hurt You
TAKEAWAYS Some combinations just work: a playlist of the year’s top techno tracks; a compilation of short stories about famous entrepreneurs; a flight of Japanese whiskies. Then, there are others that may seem a little strange, like a lone oil painting in a sculpture exhibition or a bright green ensemble in a fashion collection of […]
ISCA’s Global Talent Programme 2025 (Part 2 Of 6)
TAKEAWAYS Hi, I’m Tay Jo-Van, a Year 1 undergraduate at School of Accountancy, Singapore Management University. As you are reading this, I have just started my journey in university, filled with excitement and adrenaline about where my life in accountancy can take me. But a few months earlier, at the end of May 2025, I […]
ISCA Lunch Talk: BEPS 1.0 And 2.0
Over the past decade or so, globalisation, digitalisation and the integration of world economies have significantly increased the quantum of cross-border transactions, including the movement of goods, services, intangibles and talent. This growing integration and interaction between countries – all with different tax systems – has heightened the risk of profit shifting from high-cost to […]
TECHNICAL HIGHLIGHTS
AUDITING AND ASSURANCE ISCA Comments On IAASB’s Exposure Draft (ED): Proposed Narrow-Scope Amendments To IAASB Standards Arising From The IESBA’s Using The Work Of An External Expert Project ISCA provided comments on IAASB’s ED: Proposed Narrow-Scope Amendments to IAASB Standards Arising from the IESBA’s Using the Work of an External Expert Project. The proposed amendments […]
