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TECHNICAL

102 posts

COVID-19 – Revised Deadlines for Annual Report Submissions and Key Challenges in Financial Reporting for Listed Companies

The COVID-19 pandemic and the Movement Control Order (MCO) have affected how businesses operate. In this ‘new normal’, businesses need to strategise and adapt quickly to survive and sustain their operations.
  • June 23, 2020
  • 9.6K views

Contemporary Issues in Applying International Financial Reporting Standards

Highly experienced IFRS instructor Danny Tan recently helmed an MIA webinar on Contemporary Issues in Applying International Financial Reporting Standards.
  • June 17, 2020
  • 4.4K views

Guidelines on Submission of Working Papers to the Practice Review Department

Advancements in technology and its common availability has led to profound changes in the way audit is being performed, with the majority of audit firms either taking the initiative or being pushed to evolve to embrace new ways of auditing such as data analytics, which has enabled the processing of huge amount of data in an efficient way.
  • June 12, 2020
  • 2.5K views

Key Considerations of the Use of Technology during the Observation of Physical Inventory Counting

The outbreak of COVID-19 has certainly accelerated the use of technology in many organisations, including among auditors.
  • May 22, 2020
  • 4.9K views

Guidelines on Requesting Extension for Practice Review Deadlines

In the process of practice review, the Practice Review Department (PRD) has encountered many instances where the audit firm (AF) selected for review tends to defer the submission of documents to the PRD without first obtaining approval from the PRD.
  • May 1, 2020
  • 2.1K views

The Financial Reporting Implications of COVID-19

The COVID-19 pandemic crisis and its economic effects mean that investors and other stakeholders need high-quality financial information more than ever.
  • April 17, 2020
  • 11.0K views

Covid-19: Frequently Asked Questions on Auditing

The varying travel restrictions both locally and abroad that have been set in place following the outbreak of the Coronavirus Disease 2019 (COVID-19) pose new challenges for auditors.
  • April 3, 2020
  • 20.6K views

Highlights of the 2020 Economic Stimulus Package

On 27 February 2020, the government announced the 2020 Economic Stimulus Package (ESP) under the theme “Bolstering Confidence, Stimulating Growth & Protecting Jobs”.
  • March 23, 2020
  • 2.4K views

Challenges in the Recovery of Technology-based Assets

Along with digital transformation, the use of technology-based assets is gaining momentum.
  • January 14, 2020
  • 1.8K views

ISA 510 Opening Balances

First year audit: Audit of Opening Balances
  • January 14, 2020
  • 12.5K views