Research Shows Benefits of Multidisciplinary Firm Structure in Producing High Quality Audits October 5, 2019 “Scrutiny of the multidisciplinary model and its impact on audit quality has increased in the international regulatory dialogue that has followed some high-profile corporate collapses. The concept of ‘audit-only’ firms has been proposed as a solution to the ongoing concerns about audit quality, competition and perceived conflicts of interest.” ISCA
Don's Column: Tax Treatment of Subleases Post-FRS 116 October 5, 2019 “Discussion on accounting changes impacting lessees who are intermediate lessors in a sublease under FRS 116, and related tax implications raised by IRAS in its e-Tax Guide.” ISCA
GST on Imported Services September 15, 2019 “To level the GST treatment for all services consumed in Singapore, the Minister for Finance announced in Budget 2018 that …regimes will be implemented from 1 Jan 2020 to tax imported services” IRAS
July/August Issue of ACRAConnect September 15, 2019 “Bringing you News Bites on the latest Corporate and audit regulatory requirements” ACRA
GST Advance Ruling System April 6, 2019 “This e-Tax guide replaces the e-Tax guide “GST: Advance Ruling System” published on 2 Apr 2012.” IRAS
March 2019 issue of ACRA Connect is now available April 6, 2019 “Bringing you News Bites on the latest corporate and audit regulatory developments” ACRA
GST on Imported Services March 17, 2019 “To level the GST treatment for all services consumed in Singapore, the Minister for Finance announced in Budget 2018 that the following regimes will be implemented from 1 Jan 2020 to tax imported services:Reverse charge regime for Business-to-Business (“B2B”) supplies* of imported services; andOverseas vendor registration regime for Business-to-Consumer (“B2C”) supplies* of imported digital services.” IRAS
Technical Bite-size Guidance: FRS 116 March 16, 2019 “FRS 116 substantially changes the accounting of leases for lessees.” By LIM JU MAY AND FELICIA TAY, ISCA
ACRA API Mall March 10, 2019 “ACRA has made available real-time business information via API services on our API Mall for businesses and software developers to create innovative digital solutions that suit their business needs.” ACRA
Budget 2019 - Overview of Tax Changes March 1, 2019 “The following tax changes were announced by the Minister for Finance, Mr. Heng Swee Keat, in his Budget Statement for the Financial Year 2019, which was delivered in Parliament on Monday, 18 Feb 2019.” IRAS