Emerging Accounting Trends in 2023

Emerging Accounting Trends in 2023

What Accounting Trends You Have to Keep Up With in 2023 The accounting field constantly evolves, driven by technological advancements and shifting business landscapes. As we delve into 2023, it is crucial to explore the emerging accounting trends shaping the profession and influencing financial reporting, decision-making, and overall business strategies. In this ever-changing landscape, accounting…

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Enhanced Regulatory Framework for Singapore Companies

Enhanced Regulatory Framework for Singapore Companies

Understanding Enhanced Regulatory Framework The enhanced regulatory framework for Singapore companies took effect five years ago in May 2015. It is the Accounting and Corporate Regulatory Authority (ACRA) that administered the framework. The international standards recognize this framework because it meets their criteria when it comes to anti-money laundering and counter-terrorism financing. Both were started…

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What is the Start-up Tax Exemption Scheme?

What is the Start-up Tax Exemption Scheme?

Uplifting Singapore SMEs with the Start-up Tax Exemption Scheme Singapore’s government offers many opportunities to boost the nation’s entrepreneurial ventures. The Start-Up Tax Exemption (SUTE) proves to be a very good initiative by the Singapore government. Along with the Singapore Inland Revenue Authority (IRAS), it has launched tax-saving measures that target companies, particularly new ventures…

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Businesses in Covid-19 Disruption

Businesses in Covid-19 Disruption

Only When Disrupted, Businesses Are Forced to Adapt or Risk Falling Through Disruptions, while heavily focused, will definitely throw your balance off. For those who can adapt, will weather the interruption and come out stronger. The same concept applies when conducting business. In each era, there is an industrial revolution that makes businesses thrive for…

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