July 10, 2020

Coping with the Consequences of COVID-19: Redoubling Attention to the Professional Standards

and The current novel coronavirus (COVID-19) epidemic is causing huge concern and disruption throughout the world, for obvious reasons, and the primary concerns for many must be personal safety, economic instability and financial devastation, and the urgent need for the development of solutions to the disease’s problems, primarily via treatments and inoculations. However, for most…

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POSTED BY

Barry Jay Epstein, Ph.D., CPA

June 30, 2020

Quick Guide: IAS 20 – Accounting for Government Grants

This year, the COVID-19 crisis has adversely impacted the global economy. Singapore is no exemption, with negative effects and losses caused by the crisis and the consequent circuit breaker measures implemented to prevent the virus’ spread. The local government has thus announced various support schemes including several government grants to help Singaporean companies and businesses…

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POSTED BY

Paul Wan & Co

June 30, 2020

Singapore Guide: ISCA FRB 6 – Accounting for Jobs Support Scheme

This year, the COVID-19 pandemic has inevitably adversely impacted the global economy. Singapore companies and businesses were negatively impacted by this health crisis and the consequent circuit breaker measures implemented to prevent the spread of the virus. The Singapore government has thus announced various support schemes in the form of income tax rebate and reliefs…

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POSTED BY

Paul Wan & Co

June 1, 2020

PWCO Appointed as New External Auditors for Tricklestar Pte. Ltd.

Paul Wan & Co is proud to announce Tricklestar Limited, a company listed in the Singapore Stock Exchange, has appointed our firm as the External Auditors at their Annual General Meeting held recently. Incorporated in Singapore on 31 October 2018, TrickleStar Limited designs and supplies affordable, simple and easy-to-use energy-saving products to help consumers reduce…

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POSTED BY

Wan Wei Han

May 29, 2020

Circuit Breaker Measures for Singapore Company Audit Practices

The ongoing COVID-19 pandemic and corresponding Circuit Breaker regulations have had a major impact on many companies and businesses, not just financially but also in administrative matters. Statutory requirements and financial audit practice are no exemption to these operational measures and changes in Singapore.  In recognition of these administrative complications key financial institutions in the…

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POSTED BY

Paul Wan & Co