Understanding the Target company’s normalized net working capital in the context of a Merger & Acquisition transaction (“M&A”) is crucial. Read more to find out why and how you can make the most of this process.
The New Standards... elevate quality from conformance to performance
The GHG Protocol is a widely used standard for accounting and managing greenhouse gas (GHG) emissions. It provides guidelines for organisations to measure, report and manage their emissions across different sectors.
With the limelight on ESG, companies need to demonstrate prudent tax governance - a key aspect of sustainable and ethical business practice. In this article, Sim Siew Moon, Senior Partner and Head of Tax, Bernard Yu, Tax Partner, and Yvonne Chua, GST Partner, break down what tax responsibility means, how important it is, and how companies can get there.
The Singapore Exchange (SGX) has specific requirements for enterprise risk management (ERM) for companies listed on its mainboard, Catalist, and SGX-ST platforms. These requirements are outlined in the SGX Rulebook and aim to ensure that listed companies have robust frameworks in place to identify, assess, and manage risks effectively.
From Valuer’s Perspective: Understanding International Financial Reporting Standards 16 (Leases) (“IFRS 16”) and How It Affects Impairment Testing
Plastics used in the fashion industry, although convenient, contribute significantly to our environmental footprint. How can stakeholders – consumers, companies, and regulators, take action and reduce the resulting impact of plastics in fashion? Read more here.
As with all valuation exercise, impairment testing comes with its set of challenges and the understanding of IFRS 16 is one of the key components in avoiding a mismatch of expectations between you and your auditor. Read Part 1 of Navigating Impairment Testing Challenges to learn more.
It was recently announced that Singapore will mandate climate-related disclosures ("CRD") in a phased approach from FY 2025, and the annual CRD will be reported using ISSB-aligned standards. Here are 5 key points about the ISSB standards to get you started on your CRD reporting journey.
Keeping up with ESG requirements can result in many companies inadvertently “greenwashing” - which is the practice of exaggerating commitment to environmentally-friendly practices. With greater scrutiny over environmental footprint by regulators and company stakeholders, it is essential that businesses ringfence themselves against greenwashing, and instead adopt various measures to commit to ESG practices.
Convertible instruments are popular among startups when it comes to fundraising as they allow for risk and payoff terms that suit both the company and its investors. However, certain complex features may result in unexpected accounting and valuation implications. Read more to better understand the various forms of convertible instruments, and how you can navigate their complexities.
Taking a company public is a significant milestone and can come with substantial rewards. However, the IPO process can be complex and it is crucial for entrepreneurs to carefully consider all relevant challenges and take necessary mitigating steps if they wish for their companies to go public. In this article, our Assurance Partner, breaks down the key focus areas of an IPO process and highlights crucial considerations for entrepreneurs embarking on this transformative journey.
From FY2023 onwards, various industries will be required to provide climate reporting – also known as a “Task force on Climate-related Financial Disclosures” (TCFD) report, which requires a systematic process to cover all the necessary aspects of climate-related risks and opportunities. With the year-end reporting season around the corner, we have prepared this step-by-step guide to help you draft your TCFD report.