Hong Kong playing catch-up in latest audit reform, say Singapore watchers
In Singapore, Acra rolled out its Practice Monitoring Programme in 2004 to boost audit quality
Annabeth Leow
Singapore
WITH Hong Kong's recent move to tighten audit governance, Singapore will be looking over its shoulder to see how close its rival comes creeping up.
That is the view of professional services players here, who say proposed reforms in Hong Kong will bring that market closer to the standard that the Republic can already boast of.
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Singapore releases Economic Strategy Review Final Report with more detailed proposals
Ringgit sinks to seven-month low despite record bond inflows as Fed fears dominate
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass