Busting Common Singapore Transfer Pricing Myths

It appears that the Singapore transfer pricing landscape has become quieter based on the frequency of updates from its peak of annual updates to the IRAS e-tax guide on Transfer Pricing Guidelines from 2015 to 2018 with the last IRAS issued guidelines in 2021. Or is this just the calm before the storm? With the […]

Overview of the new IFRS Sustainability Disclosure Standards

Introduction The demand and urgency for credible and standardized sustainability data and transparency is surging in the face of the climate crisis, green financing and regulatory movements. In November 2021, as a result of the Conference of the Parties (COP 26) and the UN Climate Change Conference in Glasgow, the IFRS Foundation Trustees announced the […]

Qualifying Debt Securities Scheme Extension and Refinements

By Shaun Zheng As economies around the world recover from the aftermath of the COVID-19 pandemic, governments and corporates will continue and / or start embarking on their (new) growth strategies, and with that, the need to seek financing for their expansion programmes. Running in parallel, global investors will be seeking out investment opportunities that […]

CLA Global TS Adopts Canon Singapore’s Face Recognition Solutions

CLA Global TS is proud to adopt Canon Singapore Pte Ltd‘s suite of Face Recognition solutions in one of our latest Workplace Enhancement initiatives. As a firm, we constantly engage in Workplace Transformation activities to enhance employee’s experience with the firm, creating winning opportunities for our People! Building a conducive work environment empowers our People to work […]

Revenue & Asset Recognition for Property Developers – From IAS 11 to IFRS 15

By Lim Ju May Property Developers have reckoned with the accounting for construction contracts for decades. IAS 11 Construction Contracts was first issued in 1979 to prescribe the accounting treatment of revenue and costs associated with construction contracts. IAS 11 aptly named was the eleventh accounting standard issued by the International Accounting Standards Committee (IASC). […]

CLA Global TS Sustainability and Climate Change Lead Elected as ISCA Council Member

[Photo Credit ISCA] Ms Maria Teo, Associate Director, Sustainability and Climate Change Lead, CLA Global TS received the Certificate of Appointment from ISCA President Mr Teo Ser Luck. Ms Maria Teo, Associate Director, Sustainability and Climate Change Lead at CLA Global TS has been elected to the Council of the national accountancy body. Singapore, 3 […]

Navigating Talent Challenges: Innovating and Transforming for Business Relevance

This article was originally published on asme.org.sg on 24 April 2023. Takeaways Accounting firms must adapt to remain competitive and relevant. Use technological tools and tap into alternative resources for recruitment. Collaboration and business transformation are key to success.   By Lee Tze Shiong   Having heard so much about how the world has transformed […]

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