Default image

DG Editor

Opportunities in the Covid-19 crisis

Even as companies deal with the disruptions brought about by the pandemic, there are many opportunities to ride in this dangerous wind. As black swan events of this nature become more common, companies must embed strategic thinking into their business models to be future-ready.

Charities accounting requires charity

It has been some years since the simplified Charities Accounting Standard was introduced. However, most Singapore charities still use the well-weathered Financial Reporting Standards in their financial reporting. There are good reasons why they refused to change.

Bring back conservatism

Fair value measurement and other accounting standards seek to reflect the real world and ensure equity across generations of investors. However, in the process, they have eroded the age-old principle of conservatism and resulted in volatile and, in some cases, unrealistic financial statements.

Auditor rotation – is it time?

Auditor rotation - is it time? Auditor rotation can enhance the independence and effectiveness of the audit. But it is also time-consuming and disruptive. Whether regulators mandate it or not, boards should establish a policy that recognises the systemic risk of retaining auditors indefinitely and the other mechanisms for achieving auditor independence and effectiveness.


The book launch of Doing Good Great is held in conjunction with the Singapore Writers Festival. Appearing at the event will be the authors:  Willie Cheng, Sharifah Mohamed and Cheryl Tang. Together with the following social entrepreneurs: Dr Bindeshwar Pathak Founder…

The effective board

The ideals of an effective board are not found in the regulations. The effective board is one that emphasises performance rather than just conformance. It focuses on values as well as value. And it should strongly support as well as challenge management.