Auditing & Accounting

This blog is dedicated to describe normal accounting & auditing practices. Questions could be sent to myauditing@gmail.com Response would be answered shortly.

Saturday, April 7, 2018

Singpaore listed entities: IFRS convergence - unremitted earnings

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As you are aware, Singapore listed entities are required to prepare their financial statements in IFRS. One difference between S...

Sunday, March 11, 2018

Accounting for acquisitions under common control

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It is common for business to carry out restructuring activities and then spin off a certain sub-group within the main group for listing pur...

Tuesday, September 27, 2016

Audit observation - predicting inventory level precisely to avoid stock-holding costs

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Excessive purchase of inventory have a number of consequences on the Company. Working capital of the Company would be distorted. If a com...

Thursday, July 2, 2015

Audit - consideration of compliance with manpower rule in Singapore

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Talent / labour crunch in Singapore is a common issue in Singapore. There are certain rules imposed by Ministry of Manpower in Singapore. T...

Wednesday, July 1, 2015

Audit response to significant risk identifed for audit engagement

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In any audit engagement - it is mandatory to identify significant risk that is unique to individual engagement as required by international...

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About Me

Kauditor: I am a passionate auditor & sme specialiast, who is keen in sharing my experiences in auditing & accounting, small & meidum enterprises. The exposure gains from dynamic audit life urge me to share the idea with everyone of yours, in order to benefit the general public at large. Other than the topics shared, you might want to post the questions related to accounting & auditing issues/ accounting & auditing career/ small & medium enterprises issue to my email: myauditing@gmail.com (audit related), mysmeblog@gmail.com (sme related).

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