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The Statement on Auditing Standards No. 70 (SAS 70) is an internationally recognised external auditing standard developed by the American Institute of Certified Public Accountants (AICPA).

 

May 06 2016

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Apart from iSPRINT that was introduced by IDA, Singapore government had also introduced PIC into the budget of Year 2010 and this was further enhanced in Year 2011

Employers need to brace themselves for several amendments to the Employment Act (EA) that will improve employment standards

The CPF contribution rates (with effect from 1 Sep 2011) for employees who are Singapore Citizens

From 1 September 2011, the Ordinary Wages (OW) Ceiling is revised from S$4,500 to S$5,000 per month.

There will be an increase in Employer CPF Contribution rate by 1%.