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ACRA seeks feedback on changes to auditor independence code

Key proposal focuses on entities of significant public interest such as charities

Singapore

THE Accounting and Corporate Regulatory Authority (ACRA), which regulates business entities and public accountants, is seeking public feedback on proposed changes to ethical and independence standards for auditors.

Specifically, it is looking for feedback on proposed amendments to the Code of Professional Conduct and Ethics for Public Accountants and Accounting Entities (Code).

A key proposal is the extension of higher independence standards to more public interest entities (PIEs), such as...

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