CLA Global TS (formerly Nexia TS) Assurance Director Appointed Member of Auditing and Assurance Standards Committee (AASC)

Singapore, 17 May 2022 – Nexia TS is pleased to share that its Assurance Director Mr Lee Tze Shiong, has been appointed as a member of the Auditing and Assurance Standards Committee (AASC) by the Institute of Singapore Chartered Accountants (ISCA).


The committee is responsible for developing Singapore’s auditing and assurance standards, in particular by adopting auditing and assurance standards issued by the International Auditing and Assurance Standards Board (IAASB) in conformity with Singapore’s regulatory environment, and by monitoring standards-related policy and implementation issues.

AASC members are appointed to contribute their knowledge, experience and the perspectives of the community they represent, which shall be appropriately calibrated when balanced against the over-arching importance of the AASC’s public interest objectives. The AASC committee members are selected through a nomination process. The primary criterion for the selection is based on the individual qualities and abilities of the nominee.

Tze Shiong has more than 30 years of audit and advisory experience, most of which were with the large international audit firms. Prior to joining Nexia TS, he was the Divisional Director of the Public Accountancy Division of the Accounting and Corporate Regulatory Authority (ACRA). He was involved in the audit of listed and multi-national groups, initial public offerings and other audit advisory engagements.

In CLA Global TS (formerly Nexia TS), Tze Shiong’s role includes Assurance, Quality, Compliance, Risk Management and Business Transformation. In addition to raising the standards of audit and quality management of the firm, Tze Shiong works closely with the Group CEO and Chief Innovation Officer, Mr Henry Tan in leading the firm in its digital and transformation journey.

CLA Global TS (formerly Nexia TS)’ transformation journey involves creating an innovative culture at workplace and implementing digital solutions in the firm’s processes to improve both the efficiency and effectiveness of the work flow. Under Tze Shiong’s oversight, CLA Global TS (formerly Nexia TS) collaborated with a Fintech company – Dedoco on the
development of NTSign – a secured, and traceable digital signing tool developed with the use of Blockchain technology.

Group CEO & Chief Innovation Officer, Henry Tan, said: “We see the appointment of our Assurance Director as a member of the Auditing and Assurance Standards Committee (AASC) a recognition of the capabilities of our professional staff. We trust that Tze Shiong’s participation can contribute positively to maintaining and raising the auditing and assurance industry standards in Singapore.”

About CLA Global
CLA Global Limited (CLA Global) is a worldwide organisation of independent accounting and advisory firms. CLA Global member firm professionals provide audit, accounting, tax, and advisory services to help guide organisations and individuals through the increasingly complex global business and financial environment. For more information, visit

About CLA Global TS (formerly Nexia TS)
Founded in 1993, CLA Global TS (formerly known as Nexia T.S.), is an award-winning Asia-Centred Business Advisor. An independent member firm of CLA Global Network, CLA Global TS provides a full spectrum of professional services including, but not limited to Assurance & IPO Reporting, Tax, Risk Advisory, Valuation, Insolvency & Restructuring, Sustainability & Climate Change Advisory and more. For more information, visit


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