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Acra getting more teeth to deal with reporting breaches
It will be able to bring the courts to bear on firms with financial reporting errors and force them to make corrections
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Published Wed, Jan 11, 2017 · 09:50 PM
Singapore
Companies which commit less serious breaches will be asked to restate the comparative figures, or include or improve the disclosures in the following year's financial statements.
If they fail to do so, they will be publicly named and shamed and their directors held accountable.
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