Companies’ financial statements

ACRA issued second report on key findings from reviews of listed companies’ financial statements

ACRA issued second report on key findings from reviews of listed companies’ financial statements Companies are responding positively to measures taken to improve quality financial reporting instituted by ACRA’s Financial Reporting Surveillance Programme (FRSP). In the second annual FRSP report issued, it was observed that companies took quick action to rectify financial reporting gaps highlighted…

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The Straits Times: Employee Protection Efforts during Zika Outbreak 2016

Exceptional Employee Protection during Zika Outbreak

Protection Against Any Virus Outbreak Is Vital Especially For Working People The nation is threatened with another virus outbreak, the Zika virus. The mosquito-borne Zika virus infects the Aedes mosquito explicitly. Being a tropical country, Singapore experiences wet and humid weather all year round. That can lead to dampness in natural habitat. The Zika outbreak…

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Singapore and the United Kingdom Sign Agreement for Automatic Exchange of Financial Account Information

Singapore and the United Kingdom Sign Agreement for Automatic Exchange of Financial Account Information

Singapore and the United Kingdom Sign Agreement for Automatic Exchange of Financial Account Information The Inland Revenue Authority of Singapore (“IRAS”) and Her Majesty’s Revenue and Customs (“HMRC”) signed a Competent Authority Agreement (“Agreement”) on the automatic exchange of financial account information (“AEOI”) based on the Common Reporting Standard (“CRS”) on 16 September 2016. The…

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