Important Amendments To ICPAS' Constitution

The Institute of Certified Public Accountants of Singapore is amending its Constitution. An overwhelming majority of about 90 percent of members at an Extraordinary General Meeting on August 27, 2011 voted for the amendments. The amendments will be submitted to the Registrar of Societies for approval.
The amendments are in line with recommendations by the Committee to Develop the Accountancy Sector in its report “Transforming Singapore into a Leading Global Accountancy Hub for Asia Pacific". Find out what are the key amendments that will be made to the ICPAS' Constitution.

Please see speech by ICPAS President at ICPAS' Extraodinary General Meeting.

 

ICPAS-ICAEW EC Green Paper on Audit Policy Forum (Limited Seats!)

ICPAS and ICAEW will jointly organise the ICPAS-ICAEW EC Green Paper on Audit Policy Forum on 9 September 2011, convening a distinguished line up of experts from ACRA, the Big Four, ICAEW, SID and ICPAS to discuss “The Future of Global Audit” and various other issues raised in the EC Green Paper on Audit Policy. All audit professionals are welcome to join us at this forum.

Stand a Chance to Win iPad 2 When You Register for Singapore Accountancy Convention 2011 - Accountancy Entrepot

A not-to-be missed event, ICPAS’ Singapore Accountancy Convention 2011 - Accountancy Entrepot will be held on 3 & 4 November 2011.

Glean insights from, and network with, a distinguished line-up of speakers to discuss key developments and topical issues as transformation takes place within the accountancy sector.

Drawing upon Singapore’s success as an entrepot port, the conference themed Accountancy Entrepot explores in detail Singapore’s future development as a global accountancy hub through the idea of connectivity – bridging ideas, people and infrastructure.

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ATTS Tax Forum 2011 – Corporate Taxation: Withholding Tax

The programme covers the following topics:
a) What is Withholding Tax?
b) Types of Payments Subject to Withholding Tax
c) Concept of Permanent Establishment
d) Deemed Sources of Income - sec 12
e) Administrative Procedures - sec 45, 45A
f) Withholding Tax and Double Tax Agreements
g) Waiver of Withholding Tax
h) Date of Payment of Withholding Tax
i) Tax on Gross Income Derived from Singapore by Non-Resident Public Entertainer.
The Forum will be held on the 30 September 2011. Registration closing date is on the 16 September (First-Come-First- Serve)
2 CPE hours will be given to members. Fill in the registration form here.
  

Managing Tax Compliance

Many tax authorities have recently increased enforcement on tax compliance and reporting. Managing tax compliance and reporting is therefore an important part of overall tax risk management by businesses.

The Tax Academy of Singapore and Singapore Institute of Accredited Tax Professionals are pleased to present this seminar on Managing Tax Compliance on 16 September  where speakers from the Inland Revenue Authority of Singapore will provide you with an overview of IRAS’ tax compliance framework for corporations and the transfer pricing consultation programme. The speakers will also help you avoid pitfalls by highlighting key areas to look out for when conducting a compliance review. Closing date for registration is 12 September 2011.
  

Strategic Leadership : Managing Change & Transition (CODE MP071)

Leaders are a crucial source of competitive advantage, and maximizing this asset requires a deeper understanding of leadership competencies and strategies to assess and develop them. Participants will gain a greater self-awareness in terms of their leadership styles, and change management styles and how these impact inter-personal relationships and communication at the workplace.
  

On 25 June 2011, the Accounting Standards Council released a set of accounting standards for charities called the Charities Accounting Standard (CAS).The new Standard, specially tailored to the needs of the charity sector, will simplify financial reporting.


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