ACRA

Acra wants boards to scrutinise the numbers ahead of FY2025 reporting

The Big 4 accounting firms continued to account for about 70% of the sector's total revenue in 2024.

Big 4 accounting firms drive nearly half of sector’s total revenue growth in 2024: survey

Under the Companies Act 1967, individuals found guilty of failing to obtain proper consent documentation for director appointments may be fined up to S$5,000 or jailed up to 12 months.

Three individuals fined S$105,500 for false declarations, consent lapses

Regulators recently announced that most climate reporting requirements for small and mid-sized listed companies will be pushed back by five years to FY2030.

‘Not doing nothing’: Some smaller listcos using extension to get up to speed with climate reporting

The new timeline might mean higher expectations on the quality of listed SMEs' climate reporting.

Delay in climate reporting not ‘a get-out-of-jail-free card’ for Singapore’s smaller listcos, say observers

The Monetary Authority of Singapore Act was passed in 1970, leading to the birth of the eponymous financial services regulator in 1971.

SG60: The development of Singapore’s corporate and securities law over the last 6 decades

The governing bodies have proposed to remove the requirements for public limited companies with a share capital to convene a statutory meeting and prepare a statutory report.

Singapore proposes to bar convicted money launderers from directorships

Acra chief executive Chia-Tern Huey Min at the playbook's launch on May 27. She notes the playbook will equip education and career guidance counsellors and teachers with the tools and insight to showcase the opportunities in the accountancy profession.

More guidance for students eyeing accounting careers with new Acra playbook

The guidebook aims to equip professionals with technical skills and competencies in greenhouse gas accounting, as well as sustainability and climate reporting, so that they would be able to take on roles as specialists in preparing sustainability reports.

Guidebook launched for sustainability reporting training providers

"Necessary actions" will be taken against officers responsible, says Senior Minister Teo Chee Hean.

Financial penalties for public agencies ‘not meaningful’; officers held accountable for NRIC disclosures: SM Teo