Singapore Budget Synopsis 2014
The 2014 Budget was unveiled by the Singapore Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam on 21 February 2014. .Click here to read our synopsis on Singapore Budget Statement 2014.
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Dev Team
Litigation Risk
Auditor liability and malpractice, stemming from allegations of failure to appropriately respond to clients’ risk of material misstatements due to fraud, is an area ripe for litigation, specifically when fraud and material misstatements are subsequently revealed to have affected the financial statements. Although a “clean” audit report is not an absolute guarantee of accuracy, auditors…
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Barry Jay Epstein, Ph.D., CPA
Lessons from Civil Litigation
Civil litigation involving asset misappropriation, fraudulent disbursements and other complex accounting matters benefit from the engagement of a forensic accountant and/or a fraud examiner. Just as attorneys would not attempt to decipher complex engineering or scientific intricacies at issue in a matter being contested, so too should they – many of whom have studied business,…
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Barry Jay Epstein, Ph.D., CPA
Singapore Budget Synopsis 2013
Deputy Prime Minister and Minister for Finance, Mr Tharman Shanmugaratnam, delivered his Budget Statement in Parliament on Monday, 25 February 2013. Click here to read our synopsis on Singapore Budget Statement 2013.
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Dev Team
Tax Savings – Productivity And Innovation (PIC) Scheme
Productivity and Innovation Credit (PIC) was introduced in the 2010 Singapore Budget and enhanced in the subsequent two years budgets. This scheme supports all businesses who invest in innovation and productivity. Businesses can enjoy huge tax savings in the form of Cash Payout and/or Tax Deduction on the following six qualifying productivity improvement activities made…
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