NEWS
We regularly publish e-newsletters to share about topics of current interest and latest developments in the business and regulatory landscapes. To subscribe to our e-newsletters, please complete and submit the form on the right.
New Leadership paradigm during pandemic
June 30, 2021
Strong, sound leadership within a company is needed to survive a Coronavirus pandemic of the size the world is currently encountering. Five steps are necessary for all leaders to embrace.
A Closer Look at Being a Smart Lessor
March 17, 2021
Many of us are overwhelmed by the accounting requirements under FRS 116 Leases where entities are required to account for and record future lease payments “on balance sheet” by recognising lease assets and lease liabilities, with depreciation on the lease assets and amortised interest on liabilities.
Kreston’s January 2021 Newsletter
January 22, 2021
As part of ACRA’s ongoing efforts to simplify compliance requirements and to encourage timely reporting, ACRA has revised the penalty framework for late annual lodgments with a simplified 2-tier penalty framework for filing of annual return and annual declaration for all Singapore incorporated Companies, Variable Capital Companies and Limited Liability Partnerships with effect from 01 April 2021.
Kreston’s December 2020 Newsletter
December 14, 2020
All Singapore-incorporated companies, except for those which are exempted, are required to file financial statements (FS) in extensible Business Reporting Language (XBRL) format. As part of ACRA’s continual efforts to streamline filing requirements, ACRA has revised the filing requirements and data elements. For most companies, the number of data elements that they will need to file with ACRA will be reduced. The effective implementation dates are as follows:
Kreston’s November 2020 Newsletter
November 9, 2020
Traditionally, the last quarter of the calendar year is one where individuals and corporates alike reflect, take stock and plan for the year ahead. This year, 2020, is especially significant due to the outbreak of Covid19. Coincidentally, this is also the first year of inception of our public accounting practice, Kreston Ardent CAtrust PAC (Kreston ACA). Kreston ACA is a merger of two award-winning Singapore public accounting practices, namely Ardent Associates LLP and CA Trust PAC, both practices having serviced clients and business associates like you for more than 10 years.
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