Singapore Accountancy CommissionOn 7 April, the Committee on the Future Economy Working Group on Legal and Accounting Services released its recommendations to strengthen Singapore's position as a global leader for legal and accounting services.
Co-leads of the Working Group, Mr Chaly Mah (Chairman, Singapore Accountancy Commission) and Ms Indranee Rajah (Senior Minister of State for Finance and Law) addressed over 250 legal and accounting professionals, taking them through 15 recommendations and strategies.
Mr Mah also moderated a panel discussion with a distinguished lineup of panelists from the public and private sector.
Download the full report at https://lnkd.in/fmztma3
Singapore Accountancy CommissionAn MoU was signed today between Protiviti Singapore, The Institute of Internal Auditors (IIA) Singapore and The Institute of Management Accountants (IMA) to develop training programs and learning resources based on the COSO Frameworks.
Mr Evan Law, Chief Executive of the Singapore Accountancy Commission (SAC), said, “Singapore’s high standards of corporate governance have contributed to our reputation as a prominent financial hub in Asia. This collaboration on the COSO Frameworks - the basis for effective internal control and risk management practices - further raises our corporate governance capabilities, bringing us closer to our vision of becoming a leading global accountancy hub.”
Singapore Accountancy CommissionThe Singapore Accountancy Commission (SAC) and the Institute of Internal Auditors Singapore (IIA Singapore) signed an MOU on the 6th of April 2017 to collaborate on studies, talent development, thought leadership and research activities.
Together, we will work towards developing the growth of IA as a service, enhancing the talent pool and positioning Singapore as a leading hub for high-quality IA services and talent.
Singapore Accountancy CommissionThe Accounting Entities sector saw good growth in performance, productivity, diversity of services, regionalisation and development of deeper skills despite challenging market conditions in recent years.
This is according to the AEcensus2016, a national census conducted by the Singapore Accountancy Commission (SAC) on Accounting Entities (AEs) which comprise accounting firms, accounting partnerships and accounting corporations. In 2015, the AE segment’s total market revenue surpassed $2 billion for the first time, an increase of 9% over 2014.
Read the report at: https://lnkd.in/fNYkmwg
Singapore Accountancy CommissionThe Singapore Accountancy Commission welcomes 5 new board members for a two-year term from April 1, 2017. They are:
1. Mr Steven Phan, Area Managing Partner (Asia Pacific) of EY
2. Mr Ong Khiaw Hong, Chief Executive- of Accounting and Corporate Regulatory Authority (ACRA).
3. Mr Sushil Nair, Director and Co-head of Corporate Restructuring & Workouts Practice at Drew & Napier
4. Prof Pang Yang Hoong, Vice-Provost (Undergraduate Matters and Student Development) of Singapore Management University (SMU)
5. Mr Magesvaran Suranjan, President of Procter & Gamble (P&G) Asia-Pacific
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The Ministry of Finance (MOF) is a central ministry of the Singapore Government. It is responsible for administering and regulating financial institutions and structures of Singapore's economy. Our mission is to create a better Singapore through...