Business Combinations – A 39 Year Journey but have we arrived?

By Lim Ju May Mergers, acquisitions, takeovers and corporate restructurings are significant cornerstones that determine the growth and way forward for businesses and corporations. These events and transactions in accounting language are termed business combinations (“BC”) and the accounting requirements are set out in IFRS/SFRS(I) 3 Business Combinations. The business combination accounting standard was first […]

CLA Global TS Congratulates SOE-CLA Global TS Entrepreneurship Award 2022 Winner

(L-R) Ms Rachel Wong, President, Spirit of Enterprise (SOE) | Award Presenter, Mr Henry Tan, Group CEO & Chief Innovation Officer, CLA Global TS (formerly Nexia TS) | SOE-CLA Global TS Entrepreneurship Award 2022 Winner, Mr Toby Koh, Group Managing Director, Ademco Security Group | Guest-of-Honour, Ms Low Yen Ling, Minister of State for Trade […]

Understanding How ESG Drives Future Growth and Value

Understanding How ESG drives Future Growth and Value As the region emerges from the recent wave of COVID-19, with supporting policies of pandemic lifted, the risks associated with supply-chain disruptions, high borrowing rates, geopolitical tensions, financial market risks and changing regulations, may play out across the diverse economies of Asia. Hence, investors are increasingly applying […]

China Incentives for Technology Innovation and Basic Research

In August of 2022, China’s Ministry of Science and Technology (MST), together with the Ministry of Finance (MOF) released Notice 220, an action plan for the incentivizing of technological innovation during the coming year. One key action item is to promote inclusive tax policies, such as weighted deduction of research and development expenses, tax incentives […]

Nexia TS, Rebrands as CLA Global TS, Joins CLA Global, Bringing Asia Presence

Firm aims to be the growth strategist for Asia, continuing the strong reputation Nexia TS established. Singapore, 1 November 2022 – Today, Nexia TS unveils its new brand name ‘CLA Global TS’ and joins CLA Global Limited (CLA Global), a leading global organisation comprises independent accounting and advisory firms, as an independent network member. CLA […]

How Business Leaders Can Lead the Conversation on Sustainability

By Pamela Chen Small and medium-sized enterprises (SMEs) play a major role in the global economy and are a key driving force towards a sustainable future. Sustainability is no longer a topic catered to or driven by only the large corporations. According to UOB’s SME Outlook Study 2022, three in five SMEs believe in the importance […]

CLA Global TS Awarded Learning Enterprise Alliance (LEA) 2022

Mr Chan Chun Sing, Minister for Education, presented the Learning Enterprise Alliance (LEA) 2022 award to Mr Lee Tze Shiong, Director of Transformation and Quality Assurance, representative of CLA Global TS (formerly Nexia TS) at the LEA 2022 Awards Ceremony. Singapore, 19 September 2022 – CLA Global TS (formerly Nexia TS) emerged as one of […]

CLA Global TS Conferred Champions of Good 2022

Mr Alvin Tan, Minister of State, Ministry of Culture, Community and Youth & Ministry of Trade and Industry, presented the Champions of Good 2022 award to Mr Henry Tan, Group CEO and Chief Innovation Officer, CLA Global TS (formerly Nexia TS) at the Conferment Lunch Event. Singapore, 1 September 2022 – CLA Global  TS (formerly […]

CLA Global TS (formerly Nexia TS) 5th Business Plan Challenge 2022

Singapore, 28 August 2022 – CLA Global TS (formerly Nexia TS) congratulates the winners and finalists of the 5th Business Plan Challenge which took place on 18 August 2022 at CLA Global TS (formerly Nexia TS)’ office. The Business Plan Challenge aims to nurture local entrepreneurs by supporting aspiring students in their entrepreneurship journey through […]

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