Tripartite Guidelines Developed for Employers to Give Greater Clarity on Leave Benefits and Notice Period for Term Contract Employees

Leave Benefits and Notice Period for Term Contract Employees

Tripartite Guidelines Developed for Employers to Give Greater Clarity on Leave Benefits and Notice Period for Term Contract Employees The Ministry of Manpower (MOM), National Trades Union Congress (NTUC), and the Singapore National Employers Federation (SNEF), have jointly developed a set of Tripartite Guidelines on the Employment of Term Contract Employees. Although the majority of…

Further extension of time for private companies to update shareholder information

Further extension of time for private companies to update shareholder information

Further extension of time for private companies to update shareholder information In December 2015,  ACRA announced that it would be maintaining the registers of members for private companies setup in electronic form (EROM) from 3 Jan 2016 onwards. Private companies were required to update shareholder information that will be recorded in the EROM. These companies…

ASC has issued Amendments to FRS 115

ASC has issued Amendments to FRS 115

Updates from ASC – ASC has issued Amendments to FRS 115 ASC has issued Amendments to FRS 115: Clarifications to FRS 115 Revenue from Contracts with Customers. Please visit Financial Reporting Standards Changes effective for annual periods beginning after 1 January 2016 for information.   Related link Preparation of financial statements

Tripartite Guidelines on Managing Excess Manpower and Responsible Retrenchment

Tripartite Guidelines on Managing Excess Manpower and Responsible Retrenchment

Singapore Tripartite Guidelines on Managing Excess Manpower and Responsible Retrenchment The Singapore economy is highly exposed to global trends and companies often find that they have to restructure to stay competitive. As businesses adjust, they should consider alternative ways of managing their excess manpower such as upskilling employees and redesigning jobs. However, if retrenchment is…

3E Accounting Newsletter

E-Newsletter June 2016

Dear Reader, Welcome to our E-Newsletter June 2016 We are glad to present you our newsletter for June 2016. For new updates and developments, stay tune with us and refer to the details in our newsletters. Thank you. Lawrence Chai Managing Director Read More in our E-Newletters June 2016.

BizFin Preparation Tool

Latest BizFinx Preparation Tool Released

Latest BizFinx Preparation Tool Released The latest version (v.2.4.0) of the BizFinx preparation tool which includes support for Microsoft Office 2016, is now available for download at BizFinx website. The updated version also incorporates bug fixes and enhancements. Please click here for more details. All preparers are encouraged to upgrade to this updated version 2.4.0,…

Tripartite Guidelines on Re-employment of Older Employees Revised and WorkPro Schemes Enhanced for Greater Employment Support to Older Workers

Tripartite Guidelines on Re-employment of Older Employees Revised and WorkPro Schemes Enhanced for Greater Employment Support to Older Workers

Tripartite Guidelines on Re-employment of Older Employees Revised and WorkPro Schemes Enhanced The Ministry of Manpower (MOM) announced at the Committee of Supply Debate on 8 April 2016 that the re-employment age will be raised from 65 to 67 on 1 July 2017. To prepare employers and employees for this change in the re-employment landscape,…

3E Accounting Singapore Live Interview with 95.8FM

3E Accounting Live Interview on 95.8FM

Lawrence Chai, the managing director of the leading Singaporean company 3E Accounting Pte Ltd and the youngest TAFEP Exemplary Employer Award Winner shares the secrets on how he keeps his employees happy, live on Capital 95.8 FM. Established in 2011, with revenues exceeding over $3 million, ranked among the top 30 Singaporean accounting firms and…

3E Accounting Newsletter

E-Newsletter May 2016

Dear Reader, Welcome to our E-Newsletter May 2016 We are glad to present you our newsletter for May 2016. In this issue, we wish to share with you on our excitement of being the 1st Accounting Firm in Singapore to embark on yet another innovative path. On 1 April 2016, 3E Accounting Pte. Ltd. became the…