ACRAConnect July 2017 July 28, 2017 "Bringing you news Bites on the latest corporate and audit regulatory developments" ACRA
Enhancing corporate transparency – Tips to help companies address common financial statements filing errors July 21, 2017 "For corporate transparency purposes, business and financial information filed with ACRA is publicly accessible. It is therefore in the interest of companies to ensure that the information filed with ACRA is accurate and complete. It is also a statutory requirement to do so as set out in Practice Direction 1 of 2014. To help companies with their filing, ACRA has compiled a list of common filing errors and tips on how to address these errors. " ACRA
Claiming GST Incurred Before GST Registration/Incorporation July 12, 2017 GST registered businesses may claim GST incurred before registering for GST and also before incorporation provided certain conditions are met.
Income Tax: Country-by-Country Reporting (Second Edition) July 11, 2017 e-Tax Guide on Country-by-Country Reporting
Updated versions of ‘ACRA issued guidance’ on Register of Controllers issued (11 Jul 2017) July 11, 2017 "ACRA has further updated the guidances on Register of Controllers with clarifications and addition of illustrative diagrams. " ACRA
ACRAConnect June 2017 June 29, 2017 "Bringing you New Bites on the latest Corporate and Audit Regulatory Developments" ACRA
ISCA becomes First Accountancy Body in Asia Pacific to be Full Member of Chartered Accountants Worldwide June 28, 2017 "Singapore’s national accountancy body, the Institute of Singapore Chartered Accountants (ISCA), has been admitted as a full member of Chartered Accountants Worldwide (CAW), a global body of leading chartered accountancy bodies around the world. " ISCA
Amended EP 200 IG 2 Illustrative Customer Due Diligence Templates June 27, 2017 "EP 200 Implementation Guidance (IG) 2 was developed to provide illustrative customer due diligence flowchart and templates which professional accountants and professional firms can refer to for guidance. Arising from the amended EP 200 issued in March 2017, EP 200 IG 2 has been amended to incorporate the new requirements into the customer due diligence templates and forms. In addition, enhancements have been made to make the templates more useful." ISCA
Greater Mobility, Market Access and Trade for Professional Accountants in ASEAN June 21, 2017 "The ASEAN Chartered Professional Accountant (ASEAN CPA) enables accountants from ASEAN countries to provide non-regulated accountancy services across ASEAN, thereby facilitating trade in the region" ISCA