Director of XBRL Activities, IFRS Foundation to Speak at Singapore Accountancy Convention 2011

“XBRL is becoming global, and I hope, in future, we will no longer be talking about XBRL as everybody will be using it.”
Olivier Servais, director of XBRL activities, IFRS Foundation.

XBRL is becoming an ideal way to achieve excellence in financial reporting. Hear from international expert Olivier Servais, director of XBRL activities at IFRS Foundation, as he joins other distinguished panellists in a discussion on “Excellence in Financial Reporting”

For more on Oliver Servais, click here.

Stand to Win an iPad 2  When You Register for Singapore Accountancy Convention 2011 before 18 October 2011. Find out how you can win.

                              

                                                                             Read more

Registration Now Open : Seminar on Observations by the Financial Statements Review Committee- A CPA Singapore Practice Development Initiative

The Financial Statements Review Committee (FSRC) of ICPAS reviews audited financial statements with the objective of providing constructive feedback in areas where the presentation or content of the financial statements appear to fall short of compliance with the statutory requirements including the Singapore Financial Reporting Standards (SFRS), the Institute’s published standards and other promulgations.

The FSRC has, on an annual basis, compiled a list of frequently occurring non-compliance points which are posted on ICPAS’ website. The top ten findings on non-compliance of the standards will be discussed during the seminar together with topics focused on specific areas in the accounting standards which members have encountered application problems and also areas which require more guidance on technical interpretation. Seminar will be held on Friday, 7 October 2011. For more details on the program and registration, please click here.
  
                                                                           Read more

IFRS Technical Update (Code A117)

This seminar aims to provide a comprehensive review and updates for all the amended and new IASB Standards. Additionally, the seminar will examine the implementation issues and provide clear guidance on the technical contents through examples and case studies. The seminar will be held on 5 October 2011. 

                                                                        Read more

“Like" CPA Singapore on Facebook and win an iPad 2!

All you need to do is click "like" on our CPASingapore Facebook Page and you will immediately be eligible for the contest to win an iPad 2.

No other action’s required - it is that simple.

What’s more, network with like-minded professionals and receive exclusive information on ICPAS and the accountancy sector.

Once there are 3,000 “likes", an iPad 2 would be given away. Take part now!

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.
  

GES Business Leaders Summit
 -Special Offer for ICPAS members! SIGN UP Before Sept 16 and Enjoy 23.5% discount!

Join the foremost business leaders event in Asia that offers you unparalleled insights into the hottest global trends, most exciting innovations and successful leadership strategies to navigate today’s constantly changing markets. Enjoy unmatched networking opportunities and access to more than 50 international speakers and 700 top business leaders and policy makers from the region.

To take advantage of this special offer for ICPAS members, simply send us an email or call us at 6222 7230. Quote your special discount code: GES11ICPAS
For more info, visit www.globalentrepolis.com or download the latest brochure.

Mr Don M Ho, Chairman, Insolvency Practitioners Association of S'pore, Insolvency Practices Committee, ICPAS' letter to The Business Times editor to expand on the points provided by Associate Professor Lanh Luh Luh in the article 'Closing down a private limited company' (BT, Aug 16) was featured on The Business Times on 13 September 2011.


                                                                                Read more  

The objectives of the auditor are to obtain an understanding of related party relationships and transactions (RPRT) sufficient to be able to recognise fraud risk factors arising from RPRT that are relevant to the identification and assessment of the risks of material misstatement due to fraud, and conclude whether the financial statements achieve fair presentation or are not misleading. In addition, where the applicable financial reporting framework establishes related party requirements, the auditor is to obtain sufficient appropriate audit evidence about whether RPRT have been appropriately identified, accounted for and disclosed in the financial statements in accordance with the framework.


                                                                                   Read more