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ISCA Practitioners' Connect 🇸🇬🌎

ISCA Practitioners' Connect 🇸🇬🌎

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A dedicated channel where you get first-hand info to all-you-need-to-know for all Practice Owners!

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Dear Practitioners, If you or your team handle corporate secretarial work, ISCA’s practical 2-hour online workshop for CSPs goes beyond basic AI prompting. Learn how Microsoft Copilot, ChatGPT and Claude can help you: ✅ Streamline client onboarding and CDD documentation ✅ Extract information from ACRA Business Profiles ✅ Reduce manual data entry and repetitive compliance tasks ✅ Monitor client-related developments for KYC/AML review ✅ Use AI responsibly while protecting confidential data   📅 20 November 2026, Friday 🕓 4pm–6pm 💻 Online - Register Now Complete the workshop, quiz and practical assignment to earn a Certificate of Completion and AI Fluency Digital Badge. This online workshop is held under Singapore’s National AI Impact Programme. Sign up here!

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On a related note, the IAASB has also just published the first part of its four-part guide series, Applying the IAASB’s Quality Management Standards to AI-Enabled Technological Tools. This first release has an introduction to the series and Guide 1: Common Conceptual Foundation. Guide 1 explains what an AI-enabled technological tool is and how its life cycle works. It also sets out firm-level and engagement-level quality management responsibilities, along with risk assessment considerations to help firms identify and assess quality risks. The anticipated publication schedule, subject to IAASB approval, is: 🔹 Guide 2 – Firm-Level Quality Management Before Deployment: January/February 2027 🔹 Guide 3 – Engagement-Level Use and Oversight: April/May 2027 🔹 Integrated Edition, including Guide 4 on monitoring and remediation after deployment: July/August 2027 The integrated edition will bring together all four guides, incorporating any revisions made during the development of the series. The guides are non-authoritative and do not introduce new requirements. They support the consistent and effective application of ISQM 1 and ISA 220 (Revised), while recognizing the diverse circumstances and technological maturity of firms. Explore the Introduction and Guide 1 here.
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Mr Leo Hee Xun, CA (Singapore), Assistant Technical Director at ACRA, also shared three recent publications during his sessio
Mr Leo Hee Xun, CA (Singapore), Assistant Technical Director at ACRA, also shared three recent publications during his session “Audit Quality in Focus: Key Insights from ACRA’s Practice Monitoring Programme” in the Practitioners Track yesterday: 1) Financial Reporting Practice Guidance No. 1 of 2026: Areas of Review Focus for FY2026 Financial Statements 2) Audit Practice Guidance No. 2 of 2026: Strengthening Systems of Quality Management - From Compliance to Continuous Improvement 3) Audit Practice Guidance No. 3 of 2026: Considerations in Digital Asset Audits
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ACRA has also released the Accounting Entities (AE) Survey 2026, its annual look at Singapore’s accounting sector. It is base
ACRA has also released the Accounting Entities (AE) Survey 2026, its annual look at Singapore’s accounting sector. It is based on 2025 data from 238 AEs, representing 92% of the sector’s estimated revenue. View the full report here. View the key findings here. Photo courtesy of ACRA
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Dear Practitioners, Thank you for joining us at ISCA Conference 2026 yesterday. It was a full day of updates, insights and co
Dear Practitioners, Thank you for joining us at ISCA Conference 2026 yesterday. It was a full day of updates, insights and conversations on where the profession is heading. First, congratulations to EY and Nexia Singapore, recipients of the second Workforce Transformation Award for the Accountancy Sector! The award recognises firms that have redesigned jobs, adopted technology and invested in their people, with the award presented by SWDA in partnership with ISCA and supported by ACRA and EDB. The conference also marked the launch of ISCA FlexConnect, a pilot initiative connecting experienced accountancy professionals seeking flexible work arrangements with employers looking to meet their finance talent needs, including through temporary and project-based roles. The initiative creates more opportunities for professionals to contribute their expertise at different stages of their careers, while helping businesses address evolving workforce needs. Read more here.
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Grow Your Practice, Amplify Your Capabilities Talent is scarce, fees are under pressure and inspection standards continue to
Grow Your Practice, Amplify Your Capabilities   Talent is scarce, fees are under pressure and inspection standards continue to rise. For many SMPs, the biggest challenge is no longer finding opportunities for growth, but having the capacity to take them on.   Join ISCA Lunch Talk, held in partnership with Anygraph, to explore how AI can support the audit process and help firms increase efficiency, improve margins and create capacity for higher-value work.   Key takeaways: · Where AI can realistically save time across an SMP audit · How firms can improve efficiency and consistency in their audit processes · Ways to translate time savings into higher margins and new service opportunities · Practical considerations for adopting AI in an audit environment   Event details: Date: 24 November 2026 (Tuesday) Time: 11.30am – 1.30pm Venue: ISCA House, Level 1 Members' Lounge   Register now
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Meet Fieldguide at ISCA Conference 2026 The ISCA Audit Manual is now available within Fieldguide's agentic AI-native platform
Meet Fieldguide at ISCA Conference 2026 The ISCA Audit Manual is now available within Fieldguide's agentic AI-native platform for audit and advisory firms. Visit them at Booth S12 or click the link below to learn more about Fieldguide! Build the agentic firm the next decade demands Register for ISCA Conference happening on 11 November 2026
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Meet Fieldguide at ISCA Conference 2026
Meet Fieldguide at ISCA Conference 2026
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Grow Your Practice, Amplify Your Capabilities Talent is scarce, fees are under pressure and inspection standards continue to
Grow Your Practice, Amplify Your Capabilities   Talent is scarce, fees are under pressure and inspection standards continue to rise. For many SMPs, the biggest challenge is no longer finding opportunities for growth, but having the capacity to take them on.   Join this ISCA Lunch Talk, held in partnership with Anygraph, to explore how AI can support the audit process and help firms increase efficiency, improve margins and create capacity for higher-value work.   Key takeaways: · Where AI can realistically save time across an SMP audit · How firms can improve efficiency and consistency in their audit processes · Ways to translate time savings into higher margins and new service opportunities · Practical considerations for adopting AI in an audit environment   Event details: Date: 24 November 2026 (Tuesday) Time: 11.30am – 1.30pm Venue: ISCA House, Level 1 Members' Lounge   Gain practical insights into how AI can support a more efficient and scalable audit practice. Register Here
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Dear Practitioners, You can now choose to renew your registration for 1, 2 or 3 years! For the first time, Public Accountants
Dear Practitioners, You can now choose to renew your registration for 1, 2 or 3 years! For the first time, Public Accountants (PAs) have the option to choose their registration renewal period. Applications for 2027 registration renewal are open from 1 – 31 December 2026. ✅ Check that you meet your Continuing Professional Education (CPE) and other renewal requirements 📅 Submit your application by 31 December 2026 💻 Apply via Bizfile: https://www.bizfile.gov.sg/ For more information on renewal requirements, visit ACRA website. Photo and information credits: ACRA
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Dear Practitioners, Looking to grow your practice without growing your headcount? Talent is scarce, fees are under pressure,
Dear Practitioners, Looking to grow your practice without growing your headcount? Talent is scarce, fees are under pressure, and inspection standards keep rising. For many SMPs, the challenge is no longer finding growth opportunities, but having the capacity to take them on. Join ISCA for a Lunch Talk, in partnership with Anygraph, to explore how AI can support the audit process and help firms increase efficiency, improve margins and create capacity for higher-value work. Key takeaways: • Where AI can realistically save time across an SMP audit • How firms can improve efficiency and consistency in their audit processes • Ways to translate time savings into higher margins and new service opportunities • Practical considerations for adopting AI in an audit environment Speaker: Ms Zad Chin, Co-Founder of Anygraph Ms Vivienne Chiang, Guest Speaker from Reanda Adept PAC Event details: Date: 24 November 2026 (Tuesday) Time: 11.30am – 1.30pm Venue: ISCA House, Level 1 Members' Lounge Register now
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Dear Practitioners, You’ve learnt about AI. Now, turn that knowledge into real impact at work. How can you identify opportuni
Dear Practitioners, You’ve learnt about AI. Now, turn that knowledge into real impact at work. How can you identify opportunities and improve everyday workflows? Join us at the final AI Fluency Café to explore how you can put AI into action with confidence. Featuring ISCA Council Members Mr Lim Him Chuan and Mr Quah Zheng Wei as they draw on perspectives from large organisation and SME, they will discuss practical AI applications in accounting and finance, building confidence with AI tools and supporting colleagues through workplace change. Bring your questions, exchange ideas with industry professionals and discover possibilities for your own workplace. 📅 Thursday, 5 November 2026 🕧 12.30pm – 2.00pm (Registration starts at 12.00pm) 📍 ISCA House, Level 1, Member Lounge 👉 Secure your place today: eservices.isca.org.sg/GuestInviteCM?fieldSetName=AILT&cmid=a0gfP00000K68W0QAJ
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Dear Practitioners, We are two weeks away from ISCA Conference 2026. I know you have heard a lot about it, but if you have not signed up yet, we would love to have you with us. The Practitioners Track in the afternoon was planned with you in mind, covering the revised standards on going concern and fraud, sustainability assurance, AI and cybersecurity, and property valuations. It closes with ACRA sharing key insights from its Practice Monitoring Programme. It is also a good chance to catch up with fellow practitioners. Date: 11 November 2026, Wednesday Time: 9.00am to 6.00pm Venue: Sands Expo & Convention Centre Programme: https://iscaconference.isca.org.sg/programme/ Sign up here: https://iscaconference.isca.org.sg/ Hope to see you there. 😊
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Dear Practitioners, As the year draws to a close, make time for learning that supports your work today and prepares you for w
Dear Practitioners,   As the year draws to a close, make time for learning that supports your work today and prepares you for what’s ahead.   ISCA Academy’s Year-End Course Catalogue brings together popular courses and new learning opportunities across financial reporting, audit, ethics, AI and more. 📖 Explore courses that align with your professional goals and learning needs: https://tinyurl.com/ISCAAYECC
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Dear Practitioners, What is ACRA seeing in its inspections? What should audit firms be paying closer attention to? From IT ri
Dear Practitioners, What is ACRA seeing in its inspections? What should audit firms be paying closer attention to?   From IT risks to digital assets, hear directly from ACRA at ISCA Conference 2026 on key observations from its recent Practice Monitoring Programme and Quality Control reviews.   Find out where common issues arise, what regulators expect and how audit firms can apply the lessons learnt to strengthen their audit approach.   Don't miss this opportunity to hear directly from the regulator and connect with fellow professionals at one of the profession's key gatherings of the year.   📅 11 November 2026 📍 Sands Expo & Convention Centre 👉 Secure your place today: https://iscaconference.isca.org.sg/ ACRA is the Industry Partner for ISCA Conference 2026.
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Important Update We regret to announce that ISCA Run 2026, scheduled for 17 October, has been cancelled, due to the prevailin
Important Update We regret to announce that ISCA Run 2026, scheduled for 17 October, has been cancelled, due to the prevailing haze situation. The haze situation remains unpredictable, with conditions potentially fluctuating and deteriorating at short notice. After careful consideration, we have made the difficult decision to cancel the event in the interest of everyone's health and safety. Please do not travel to the event venue. The safety and wellbeing of our almost 3,000 participants, families, volunteers, staff and partners remain our highest priority. We recognise the time, effort and preparation that participants and families have invested in this event, and we share your disappointment. Registered participants will receive an official email on the collection of race medals and related arrangements. To all our runners, sponsors, partners and volunteers, thank you for your understanding and support for ISCA Run and ISCA Cares. Your contributions remain deeply appreciated. Stay safe and take care.
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Dear Practitioners, Please take note of changes commencing on 20 October 2026 under the Corporate and Accounting Laws (Amendment) Act 2025. Key changes include: ✅ Option of 1, 2 or 3 years' renewal period for public accountants’ registration ✅ Extension of professional indemnity insurance requirements to accounting firms set up as sole proprietorships or partnerships View ACRA's LinkedIn post here
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Dear Practitioners, HELP SHAPE SINGAPORE'S PRIORITIES FOR BUDGET 2027 ISCA invites you to share your views on Singapore’s eco
Dear Practitioners, HELP SHAPE SINGAPORE'S PRIORITIES FOR BUDGET 2027 ISCA invites you to share your views on Singapore’s economic outlook, AI adoption, enterprise growth and workforce readiness in lieu of the upcoming the national Budget conversation. Contribute towards shaping Singapore’s future priorities today! Join the survey
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Dear Practitioners, AI in Assurance: Can you trust it, govern it, defend it? AI is no longer just assisting with tasks. Today
Dear Practitioners, AI in Assurance: Can you trust it, govern it, defend it? AI is no longer just assisting with tasks. Today's AI systems can act across entire workflows, analyse information and support decision-making. But when an AI-assisted conclusion is challenged, can it be explained, reviewed and defended?  Join our upcoming ISCA TechTalk, presented in partnership with Caseware, to explore how AI is reshaping assurance and learn a practical framework for evaluating AI in audit and assurance engagements. Gain practical insights into: - The AI Trust Stack framework for evaluating AI in assurance - Why AI adoption is also a defensibility decision - Keeping AI-assisted conclusions explainable and reviewable - Assessing whether AI tools are truly audit-ready - Communicating AI risks and value to clients, partners and regulators Register now
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Dear Practitioners, Audit quality expectations are rising. Is your practice ready? 📈 Recurring audit findings, tighter revie+1
Dear Practitioners, Audit quality expectations are rising. Is your practice ready? 📈 Recurring audit findings, tighter review deadlines and growing quality expectations are a lot to handle with a leaner team. You're not alone, and you don't have to figure it out on your own.   The SMP Audit Practitioners Series by ISCA Academy helps you meet them with confidence. It turns your 30 CPE hours into one connected, practical pathway across Categories 1, 2, 3 and 5, covering ethics, high-judgement accounting, audit execution, SoQM and practical AI. Sign up here by 31 October 2026 to enjoy the early bird rate, and complete the full series to earn the SMP Audit Leader 2026 digital badge. Check out ACRA's full post for renewal requirements and their new CPE Logbook
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