Course Detail(PC2019 : ISCA Practitioners Conference 2019: New Frontiers for Tomorrow’s Practice)

PC2019 : ISCA Practitioners Conference 2019: New Frontiers for Tomorrow’s Practice NEW

6.00 CPE Hours (Category 2, Category 3, Others)
Classroom


Group purchase (9 pax) at more than 20% off member rate! Please click here to purchase. 

ISCA’s flagship event for practitioners and the final instalment of the Singapore Accountancy and Audit Convention (SAAC) series – The Practitioners Conference – is set to challenge your practice’s strategy.

Join our industry leaders and experts as they define the role of the profession in current dynamic economic climate and create new possibilities for the audit profession. Learn how the profession can and will be evolving amidst the changing landscape. Also hear from our regulator and subject matter experts to strengthen core technical capabilities, and prepare for upcoming audits.

The Practice of Tomorrow cannot be formed in a day. The Practitioners Conference 2019 aims for professionals to rethink your strategy, strengthen core proficiency and bring back new ideas to form your ideal future-ready practice.

Fees

Categories
Fees (inclusive of GST)
Individual
Member: $406.60
Non-Member: $487.92
Group Purchase ( 9 pax )
$2,889.00
(more than 20% off member rate)        

Programme Outline

TIME

PROGRAMME

8.30am

Registration and Networking

9.00am

Welcome by ISCA

Mr Kon Yin Tong
President, ISCA                           

9.10am

Keynote Address by Guest-of-Honour

Permanent Secretary for Finance Tan Ching Yee

9.25am

Panel Discussion:
New Frontiers for Tomorrow’s Practice

In one of the toughest and dynamic economic climates in modern times, the relevance of the role of the profession in the financial markets is more important than ever. How do we define the profession’s role and where do we position ourselves to continuously deliver value to businesses and serve the public interest? How would the Practice of Tomorrow look like? Join our panel as they create an ideal future-ready practice.

Moderator:
Mr Mark Holton, Managing Director, Dynamic Taxation and Training Services; Director, Smithink

Panellists:
1. Mr Max Loh, Managing Partner, Singapore & Brunei, Ernst & Young LLP
2. Ms Olwyn Connolly, Chief Customer Officer, Inflo Limited

10.30am

Morning Break

11.00am

The Future of Standard-Setting

The International Auditing and Assurance Standards Board (IAASB) puts forth a proposed strategy that reflects changing technology, a dynamic small-and medium-sized entity landscape and emerging reporting needs for the next 3 years. Hear from the Deputy Chair of the ISCA Auditing and Assurance Standards Committee on what is coming up, both from the international and local front.

Mr James Xu
Audit Partner, Deloitte & Touche LLP
Deputy Chairman, ISCA Auditing and Assurance Standards Committee 

11.30am

Panel Discussion:
Audit: Where Do We Go From Here?

Recent corporate scandals have raised doubts about auditors and their work. How far should auditors be accountable when a company fails? Is audit still a product valued by stakeholders or just a requirement from the regulators? Does the profession need to deliver a better product to meet changing stakeholders expectations? Join our panel as they debate on these tough questions.

Moderator:
Ms Julia Tay, Partner, Asia-Pacific Public Policy Leader, Ernst & Young Solutions LLP

Panellists:
1. Mr Shariq Barmaky, Audit Partner, Deloitte & Touche LLP (Singapore)
2. Mr Yap Chee Keong, Director, Olam International
3. Mr Ashutosh Sharma, Associate Director, S&P Global Ratings
4. Mr Tan Boon Gin, CEO, Singapore Exchange Regulation

12.30pm

Networking Lunch

2.00pm

Practice Monitoring Programme (PMP): Launch of 2019 PMP Report

The PMP is ACRA’s key regulatory programme to ascertain whether the auditor’s work has complied with the auditing standards. ACRA will be sharing key observations from their inspections to help you identify areas of improvement to enhance audit quality.

Ms Ng Meow Ling
Director and Chief Inspector, Practice Monitoring Department, Accounting and Corporate Regulatory Authority

2.30pm

Valuation for Financial Reporting 

Accounting and valuation standards are becoming increasingly complex. Often, auditors will involve a valuer as an expert as part of the audit process. How do auditors get comfort on the work performed by external valuers and navigate the challenges in auditing fair values? Let the expert shed some light on how they performed their work.

Mr Eric Teo
Founding Chairman, Institute of Valuers and Appraisers of Singapore
Head, Business Valuation & Advisory, Southeast Asia, Savills

3.00pm

Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) Trends/Updates

Practitioners are required to keep updated on trends and updates in AML/CFT.  This segment aims to provide some of the key trends and updates in money laundering and terrorism financing. Topics presented will include latest development in terrorism, regulatory updates on Precious Stones and Precious Metals Dealers Act (PSPM Act), money laundering using crypto-currency, and implications of deep fakes on customer due diligence.

Mr Martin Lim
Founder, Ingenique Solutions Pte Ltd

3.30pm Afternoon Break

 

TRACK 1

TRACK 2

4.00pm

Are You Keeping Up With the Pace? A Study of 349 Singapore Accounting Practices

97% of practices want change. 61% of firms want help. Accounting firms in Singapore are too caught up in the business, tackling challenges in the client and staff attraction and retention. They barely have time to spend on the business – learning and embracing technology, expanding their scope of services, and evolving for the future. Yet, the accountants who get it – the pacesetters – are up to 5 times ahead of their peers when it comes to client and revenue growth. Just what is the secret to thriving as a modern accounting firm? Xero will share insights from the 2020 Xero-ISCA Accounting Industry Study.

Mr Kevin Fitzgerald
Managing Director, Asia, Xero

Building Exceptional Client Service

Exceptional client service is an ongoing challenge for accounting firms. This track will focus on the hugely successful Disney management model of “on stage and off stage” service delivery and “over managing” through an attention detail that drives success. Experiences will be shared from a recent US trip to Disney University in Anaheim to undertake the Exceptional Leaders programs than can be directly articulated
to the clients and operations of an accounting firm.

Let his interactive sharing inspire your firm’s client service delivery.

Mr Mark Holton
Managing Director, Dynamic Taxation and Training Services; Director, Smithink

4.30pm

Audit Intelligence Redefined

CaseWare will provide an update how technology is shaping the future of the profession and how the Data Driven Engagement, AI Infused Workflows and Real Time Collaboration enable new insights and collaboration models, creating value for accountants and their clients.

Mr Jaap De Waard
Head of Business Development, Europe & Middle East, CaseWare

4.50pm

2019 Audit Hot Spots

How do the upcoming changes in the auditing standards and changes in financial reporting requirements affect our audit approach? What are the key fundamentals that we need reminders on? This session will cover the key areas, from a technical perspective, that auditors need to consider for the 2019 audits.

Mr Ng Kian Hui
Audit Partner, Head of Audit & Assurance, BDO LLP

5.30pm

End of Conference

*Programme is subject to changes without further notice


Strategic Partner



Closing Date for Registration

1 week before programme or until full enrolment

Intended For

Practitioners and experienced audit professionals

Competency Mapping

Category 2 = 0.50 Hours
Category 3 = 2.00 Hours
Others = 3.50 Hours

Schedule & Fees

Date & Time

29 Oct 2019 (9:00 AM - 5:30 PM)

Registration is closed

Programme Facilitator(s)

Team of Professionals (PC2019)

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Kevin Fitzgerald

Managing Director, Asia, Xero

Originally from Ireland, Kevin moved to Australia in 2011 and led Financial Services recruitment business for Robert Walters in Melbourne. Previously Kevin has worked with KPMG, Royal Bank of Canada and State Street Bank in Audit, Financial Reporting and Hedge Funds. His career in Xero began in 2015 where he led the Australian sales team as Territory Manager. Kevin has experience working with SME’s from many perspectives, he understands deeply their challenges and works tirelessly with his team at Xero and Xero Partners to help SME’s grow.

Kevin moved to Singapore in 2017 and loves spending time with SME’s hearing about their challenges and discussing how Xero can help them.

Kevin is a fellow member of the ACCA, the largest Professional Accounting Body globally.

 

Jaap De Waard

Head of Business Development, Europe & Middle East, CaseWare

Jaap started his career at KPMG Netherlands performing a broad spectrum of accounting and audit work ranging from the preparation of financial statements for family owned businesses to the audit of listed companies.

After seven years he decided to follow his passion for computer software. Using the auditing and accounting experience gained with KPMG he joined CaseWare Netherlands, where he worked as Product Manager developing and launching a highly successful Audit solution.

About 12 years ago Jaap joined CaseWare International to take on the challenge of developing new markets in Europe and the Middle East, founding CaseWare International's European office.

He works closely with the CaseWare distributors and the software development teams in Toronto and is a member of the CaseWare International Executive Team.

He is the main contact for international mid-tier accounting networks, and is responsible for product localization in new markets.

 

Ng Kian Hui

Audit Partner, Head of Audit & Assurance, BDO LLP

Kian Hui has more than 22 years of experience in providing auditing and assurance services in Singapore and China.  He is the Head of Audit & Assurance and IFRS Country Leader of BDO LLP, Singapore. Currently, he is a member of the Financial Reporting Committee, Institute of Singapore Chartered Accountants (“ISCA”). He was a member of Auditing and Assurance Committee, ISCA as well as the Deputy Chairman of the ISCA Revenue Standard Working Group.

He provides auditing and assurance services to listed companies, multi-national corporation, statutory boards and privately owned entities in Singapore and China. His expertise covers statutory audits, accounting advisory, as well as reporting accountant for Initial Public Offers engagements.

 

Mark Holton

Managing Director, Dynamic Taxation and Training Services

Director, Smithink

Mark Holton, FCPA, has more than 35 years’ experience as an Accountant and Tax Agent in practice. Mark is the Managing Director of Dynamic Taxation and Training Services and a Director of Smithink.

Mark has developed specialised skills in corporate presentations and training with extensive experience in both private and public sector industries in Australia, New Zealand, United Kingdom and North America.

He is also a respected consultant in taxation and business management, in particular value added services implementation and administration using key business advisory systems and software.

Mark holds a Master of Commerce Degree as well as several post graduate qualifications in accounting and management. He also has a Degree in Adult Education and an Advanced Diploma of Financial Planning.

Mark is a Board Member and Honorary Treasurer of Ronald McDonald House Greater Western Sydney and Bendigo Bank East Gosford. He is also the Founding Chairman and Director of Finance of the NSW Central Coast Academy of Sport and sits on the Board of Ronald McDonald House Charities Australia.

 

Eric Teo

Founding Chairman, Institute of Valuers and Appraisers of Singapore

Head, Business Valuation and Advisory, Southeast Asia, Savills

Eric Teo is the Head of Business Valuation and Advisory, Southeast Asia at Savills.  He also serves as an Adjunct Associate Professor/Faculty at various universities.  This include Nanyang Business School (Nanyang Technological University), School of Business (Singapore University of Social Sciences), Singapore Institute of Technology, Singapore Management University and School of Business and Governance (Murdoch University).  He was an Executive Director with Ernst & Young (EY) and has worked in both the Singapore and Australia valuation practices.  He led the EY Asia Pacific Valuation Technical Standards Group from 2012 to 2015 and was involved in the development of learning curriculum and materials for the global valuation practice. His experience includes providing advice in relation to corporate strategy, investments and divestitures, fairness opinions and business valuation.  He has led in transactions relating to litigation support, tax planning, restructuring and compliance, capital raising, mergers and acquisitions, shareholder disputes and financial reporting. Eric has worked with companies from various industries and his clients include SMEs, GLCs, MNCs and public listed groups.

Eric is the Chairman of the International Valuation Standards Council (IVSC) Membership and Standards Recognition Board.   The IVSC is the global organisation which produces the International Valuation Standards (IVS) for the valuation profession. Eric is also the Founding Chairman of the Council of the Institute of Valuers and Appraisers of Singapore (IVAS).  The IVAS is an institute set up to advance the business valuation profession under the auspice of the Singapore Accountancy Commission.  He also serves as a board member of the Intellectual Property Office of Singapore (IPOS). Eric is a Chartered Accountant (Singapore), Chartered Accountant (Australia and New Zealand), CPA (Australia), Chartered Valuer and Appraiser (Singapore), Senior Fellow of Finsia and Fellow of the Royal Institution of Chartered Surveyors (RICS).

 

Julia Tay

Partner, Asia-Pacific Public Policy Leader, Ernst & Young Solutions LLP

Julia Tay has more than 25 years of experience in audit, commerce and government.

Since joining EY in 2016, she supports EY member firms in Asia-Pacific with respect to public policy. This includes continuous engagement with regulators and key stakeholders with the aim of shaping public policies that enhances corporate governance for the public interest.

Prior to joining EY, Julia spent more than seven years with Singapore’s Accounting and Corporate Regulatory Authority (ACRA), the national regulator of companies and public accountants, where she last served as Deputy Chief Executive.

Julia is also an EY representative on the Global Public Policy Committee comprising the six largest networks of accounting firms. In this role, she works with regulatory groups to improve audit quality globally. Julia is based in Singapore.

 

Max Loh

Managing Partner, Singapore & Brunei, Ernst & Young LLP

Max is the Managing Partner for Singapore and Brunei. He leads and manages the Singapore and Brunei business and operations, providing strategic leadership on market and people development. With over 30 years of audit and business advisory experience, his clients span a broad range of industries including technology, food and beverage, construction, manufacturing, trading, hospitality, financial institutions and government concerns.

Max has been involved as an audit partner with various Singapore Exchange (SGX) listed companies, responsible for their financial statement audits and internal control reviews. He is experienced in acting as reporting accountant for companies from Malaysia, Taiwan, Indonesia, Middle East and the People’s Republic of China, listing or doing reverse takeovers on the SGX, Hong Kong Stock Exchange and Shenzhen Stock Exchange.  He is also experienced in strategic planning, reorganization, risk management and business transformation projects for companies as part of their globalization and transformation efforts.

He is currently a Board Member and Public Accountants Oversight Committee Member of the Accounting and Corporate Regulatory Authority; Board Member and Audit Committee Chair of Enterprise Singapore, Health Sciences Authority and Singapore Polytechnic and Deputy President of the Singapore Council of CPA Australia.

 

Yap Chee Keong

Director, Olam International

Mr Yap Chee Keong is an independent non-executive director of Olam International, Sembcorp Industries, Shangri-La Asia, Certis Cisco Security, Citibank Singapore, Ensign Infosecurity and Mediacorp.  He is the chairman of the audit committee or audit & risk committee of these companies.

 Mr Yap was the Executive Director of The Straits Trading Company Limited and the Chief Financial Officer of the Singapore Power Group. He had also worked in various senior management roles in multinational and listed companies.

He was previously the chairman of CityNet Infrastructure Management (the trustee manager of NetLink Trust) and Singapore District Cooling

He was a board member of the Accounting and Corporate Regulatory Authority and a member of the Public Accountants Oversight Committee. He was a member of the MAS/SGX/ACRA Work Group to review the Guidebook for Audit Committees in Singapore and the MAS/SGX/ACRA/SID Review Panel to develop a Guide for Board Risk Committees in Singapore.

He holds a Bachelor of Accountancy from the National University of Singapore and is a Fellow of the Institute of Singapore Chartered Accountants, a Fellow of CPA Australia and a Fellow of the Singapore Institute of Directors.

 

Shariq Barmaky

Audit Partner, Deloitte & Touche LLP (Singapore)

Shariq has more than 25 years of experience in public accounting in the United Kingdom and Singapore. He has extensive experience in the audits of multinationals and local companies in various industries, as well as due diligence and public listings of equities and commercial paper.

Shariq acts as audit partner for entities in the pharmaceutical, trading and distribution, manufacturing, oil and gas, shipping and telecommunications sectors.

Shariq is very involved with the profession: He is a council member of ISCA and the immediate past chairman of the Audit & Assurance Standards Committee of ISCA.

Shariq regularly provides his views on topical accounting and auditing issues to the media and professional publications.

 

Ng Meow Ling

Director and Chief Inspector, Practice Monitoring Department, Accounting and Corporate Regulatory Authority (ACRA)

Ms Ng Meow Ling is the Director of the Practice Monitoring Department (PMD) in the Accounting and Corporate Regulatory Authority of Singapore (ACRA).

The Practice Monitoring Department (PMD) supports ACRA in its strategic objective of promoting high quality audit and corporate financial reporting through the administration of the Practice Monitoring Programme, which includes performing practice reviews of audits carried out by public accountants in Singapore. PMD also supports ACRA’s regulatory efforts in monitoring events and trends in the local and international marketplace and carries out other regulatory activities on the work and independence of public accountants when required.

Meow Ling spent a total of more than 17 years in the audit profession, serving audit clients across various industries.

Meow Ling holds a Bachelor of Accountancy Degree from the Nanyang Technological University. She is a member of the Institute of Singapore Chartered Accountants.

 

Olwyn Connolly

Chief Customer Officer, Inflo Limited

Olwyn is a qualified Chartered Accountant through Chartered Accountants Ireland and a member of Chartered Accountants Australia and New Zealand. She trained and worked with PWC in Dublin before spending time working as a consultant with Mercia Group, where she supported mid-tier firms and SMPs throughout Ireland and the UK as they navigated practice reviews, internal training and audit transformation and enhancement.

Almost a decade ago she and her husband emigrated to Australia, to the sunny shores of Sydney. She has spent the last 9 years working with Chartered Accountants Australia and New Zealand in a range of roles from education to advocacy and member services, and most recently she was the Project Director and Executive Committee Chairperson for the pinnacle global event for the global accounting and finance profession – the World Congress of Accountants – which welcomed over 5,500 professionals to Sydney in November 2018.

She is now the Chief Customer Officer with Inflo Limited – a data analytics software company who are supporting advancement, enhancement and transformation of audit processes and other lines of service, through cutting edge technology; delivering greater client and staff engagement, developing firm capabilities and supporting sustainable practices.

Olwyn is ferociously passionate about her profession and strives to work with and be involved in activities that improve and move it forward. Her passion for the profession was recognised through her shortlisting as one of the Top 50 Women in Accounting in 2018. She is an adept problem solver and resourceful executive who is most at home when collaborating and connecting people and ideas to achieve a more successful outcome; a self-confessed professional dot-joiner.

 

Ashutosh Sharma

Associate Director,S&P Global Ratings

Ashutosh Sharma is senior member of S&P Global Ratings - South & South East Asia. He has more than 18 years of experience spanning credit ratings and research, ratings criteria and though leadership development, consulting, assurance and financial risk management for top global and regional companies.

Ashutosh is a Chartered Financial Analyst from the CFA Institute and a Chartered Accountant from Institute of Chartered Accountants of India. He also holds a Bachelor of Commerce from the Narsee Mongee College of Commerce and Economics, Mumbai.

 

James Xu

Audit Partner,Deloitte & Touche LLP

Deputy Chairman, ISCA Auditing and Assurance Standards Committee

James is an audit partner of Deloitte with a wide range of engagements in the audit of multinational and local companies in various industries including Technology, Media and Telecom (TMT), Manufacturing, Real Estate and Construction, Transportation, Consumer Products, Agriculture, Energy and Resources.

He is also the Regional Professional Practice Director and Audit Risk Leader of Deloitte South East Asia in charge of audit technical quality and risk management.  

 

Martin Lim

Founder,Ingenique Solutions Pte Ltd

Martin is the founder and director of Ingenique Solutions. He is the person behind the product development of all products by Ingenique Solutions. Prior to joining Ingenique Solutions, Martin has more than 15 years in the IT industry covering both technical and business development responsibilities.  With Ingenique Solutions, he assembled a team of AML professionals, and together, they grew the company from zero to the current customer base of more than 950 across Singapore, Hong Kong, Taiwan, China and Malaysia.

Martin graduated from Nanyang Technological University, and had several postgraduate degrees from National University of Singapore.  In addition, he has a Diploma in AML/CFT from the International Compliance Association.

 

Tan Boon Gin

CEO, Singapore Exchange Regulation

Mr Tan Boon Gin joined SGX as Chief Regulatory Officer on 15 June 2015 and is now the head of SGX RegCo.

Before joining SGX, Mr Tan was the Director of the Commercial Affairs Department of the Singapore Police Force. Prior to this, Mr Tan held several appointments at the Monetary Authority of Singapore (MAS) including Director of the Enforcement Division, Director of the Corporate Finance Division and Executive Director of the Investment Intermediaries Department.

Mr Tan was seconded to MAS after serving as a District Judge at Singapore’s Subordinate Courts.

Mr Tan’s earlier roles include serving as a Justices’ Law Clerk at Singapore’s Supreme Court and a Deputy Public Prosecutor at the Attorney General’s Chamber, where he specialised in corruption and white-collar crime.He had also practised at Messrs Sullivan & Cromwell in New York.

He is a member of the Singapore Institute of Directors Council and serves on the Board of the Inland Revenue Authority of Singapore.

Mr Tan is an advocate and solicitor and holds degrees from the University of Cambridge and Harvard Law School. Mr Tan was awarded the Public Administration (Silver) Medal in 2010.


Group purchase (9 pax) at more than 20% off member rate! Please click here to purchase. 

ISCA’s flagship event for practitioners and the final instalment of the Singapore Accountancy and Audit Convention (SAAC) series – The Practitioners Conference – is set to challenge your practice’s strategy.

Join our industry leaders and experts as they define the role of the profession in current dynamic economic climate and create new possibilities for the audit profession. Learn how the profession can and will be evolving amidst the changing landscape. Also hear from our regulator and subject matter experts to strengthen core technical capabilities, and prepare for upcoming audits.

The Practice of Tomorrow cannot be formed in a day. The Practitioners Conference 2019 aims for professionals to rethink your strategy, strengthen core proficiency and bring back new ideas to form your ideal future-ready practice.

Fees

Categories
Fees (inclusive of GST)
Individual
Member: $406.60
Non-Member: $487.92
Group Purchase ( 9 pax )
$2,889.00
(more than 20% off member rate)        

Programme Outline

TIME

PROGRAMME

8.30am

Registration and Networking

9.00am

Welcome by ISCA

Mr Kon Yin Tong
President, ISCA                           

9.10am

Keynote Address by Guest-of-Honour

Permanent Secretary for Finance Tan Ching Yee

9.25am

Panel Discussion:
New Frontiers for Tomorrow’s Practice

In one of the toughest and dynamic economic climates in modern times, the relevance of the role of the profession in the financial markets is more important than ever. How do we define the profession’s role and where do we position ourselves to continuously deliver value to businesses and serve the public interest? How would the Practice of Tomorrow look like? Join our panel as they create an ideal future-ready practice.

Moderator:
Mr Mark Holton, Managing Director, Dynamic Taxation and Training Services; Director, Smithink

Panellists:
1. Mr Max Loh, Managing Partner, Singapore & Brunei, Ernst & Young LLP
2. Ms Olwyn Connolly, Chief Customer Officer, Inflo Limited

10.30am

Morning Break

11.00am

The Future of Standard-Setting

The International Auditing and Assurance Standards Board (IAASB) puts forth a proposed strategy that reflects changing technology, a dynamic small-and medium-sized entity landscape and emerging reporting needs for the next 3 years. Hear from the Deputy Chair of the ISCA Auditing and Assurance Standards Committee on what is coming up, both from the international and local front.

Mr James Xu
Audit Partner, Deloitte & Touche LLP
Deputy Chairman, ISCA Auditing and Assurance Standards Committee 

11.30am

Panel Discussion:
Audit: Where Do We Go From Here?

Recent corporate scandals have raised doubts about auditors and their work. How far should auditors be accountable when a company fails? Is audit still a product valued by stakeholders or just a requirement from the regulators? Does the profession need to deliver a better product to meet changing stakeholders expectations? Join our panel as they debate on these tough questions.

Moderator:
Ms Julia Tay, Partner, Asia-Pacific Public Policy Leader, Ernst & Young Solutions LLP

Panellists:
1. Mr Shariq Barmaky, Audit Partner, Deloitte & Touche LLP (Singapore)
2. Mr Yap Chee Keong, Director, Olam International
3. Mr Ashutosh Sharma, Associate Director, S&P Global Ratings
4. Mr Tan Boon Gin, CEO, Singapore Exchange Regulation

12.30pm

Networking Lunch

2.00pm

Practice Monitoring Programme (PMP): Launch of 2019 PMP Report

The PMP is ACRA’s key regulatory programme to ascertain whether the auditor’s work has complied with the auditing standards. ACRA will be sharing key observations from their inspections to help you identify areas of improvement to enhance audit quality.

Ms Ng Meow Ling
Director and Chief Inspector, Practice Monitoring Department, Accounting and Corporate Regulatory Authority

2.30pm

Valuation for Financial Reporting 

Accounting and valuation standards are becoming increasingly complex. Often, auditors will involve a valuer as an expert as part of the audit process. How do auditors get comfort on the work performed by external valuers and navigate the challenges in auditing fair values? Let the expert shed some light on how they performed their work.

Mr Eric Teo
Founding Chairman, Institute of Valuers and Appraisers of Singapore
Head, Business Valuation & Advisory, Southeast Asia, Savills

3.00pm

Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) Trends/Updates

Practitioners are required to keep updated on trends and updates in AML/CFT.  This segment aims to provide some of the key trends and updates in money laundering and terrorism financing. Topics presented will include latest development in terrorism, regulatory updates on Precious Stones and Precious Metals Dealers Act (PSPM Act), money laundering using crypto-currency, and implications of deep fakes on customer due diligence.

Mr Martin Lim
Founder, Ingenique Solutions Pte Ltd

3.30pm Afternoon Break

 

TRACK 1

TRACK 2

4.00pm

Are You Keeping Up With the Pace? A Study of 349 Singapore Accounting Practices

97% of practices want change. 61% of firms want help. Accounting firms in Singapore are too caught up in the business, tackling challenges in the client and staff attraction and retention. They barely have time to spend on the business – learning and embracing technology, expanding their scope of services, and evolving for the future. Yet, the accountants who get it – the pacesetters – are up to 5 times ahead of their peers when it comes to client and revenue growth. Just what is the secret to thriving as a modern accounting firm? Xero will share insights from the 2020 Xero-ISCA Accounting Industry Study.

Mr Kevin Fitzgerald
Managing Director, Asia, Xero

Building Exceptional Client Service

Exceptional client service is an ongoing challenge for accounting firms. This track will focus on the hugely successful Disney management model of “on stage and off stage” service delivery and “over managing” through an attention detail that drives success. Experiences will be shared from a recent US trip to Disney University in Anaheim to undertake the Exceptional Leaders programs than can be directly articulated
to the clients and operations of an accounting firm.

Let his interactive sharing inspire your firm’s client service delivery.

Mr Mark Holton
Managing Director, Dynamic Taxation and Training Services; Director, Smithink

4.30pm

Audit Intelligence Redefined

CaseWare will provide an update how technology is shaping the future of the profession and how the Data Driven Engagement, AI Infused Workflows and Real Time Collaboration enable new insights and collaboration models, creating value for accountants and their clients.

Mr Jaap De Waard
Head of Business Development, Europe & Middle East, CaseWare

4.50pm

2019 Audit Hot Spots

How do the upcoming changes in the auditing standards and changes in financial reporting requirements affect our audit approach? What are the key fundamentals that we need reminders on? This session will cover the key areas, from a technical perspective, that auditors need to consider for the 2019 audits.

Mr Ng Kian Hui
Audit Partner, Head of Audit & Assurance, BDO LLP

5.30pm

End of Conference

*Programme is subject to changes without further notice


Strategic Partner



Closing Date for Registration

1 week before programme or until full enrolment

Intended For

Practitioners and experienced audit professionals

Competency Mapping

Category 2 = 0.50 Hours
Category 3 = 2.00 Hours
Others = 3.50 Hours

Programme Facilitator(s)

Kevin Fitzgerald

Managing Director, Asia, Xero

Originally from Ireland, Kevin moved to Australia in 2011 and led Financial Services recruitment business for Robert Walters in Melbourne. Previously Kevin has worked with KPMG, Royal Bank of Canada and State Street Bank in Audit, Financial Reporting and Hedge Funds. His career in Xero began in 2015 where he led the Australian sales team as Territory Manager. Kevin has experience working with SME’s from many perspectives, he understands deeply their challenges and works tirelessly with his team at Xero and Xero Partners to help SME’s grow.

Kevin moved to Singapore in 2017 and loves spending time with SME’s hearing about their challenges and discussing how Xero can help them.

Kevin is a fellow member of the ACCA, the largest Professional Accounting Body globally.

 

Jaap De Waard

Head of Business Development, Europe & Middle East, CaseWare

Jaap started his career at KPMG Netherlands performing a broad spectrum of accounting and audit work ranging from the preparation of financial statements for family owned businesses to the audit of listed companies.

After seven years he decided to follow his passion for computer software. Using the auditing and accounting experience gained with KPMG he joined CaseWare Netherlands, where he worked as Product Manager developing and launching a highly successful Audit solution.

About 12 years ago Jaap joined CaseWare International to take on the challenge of developing new markets in Europe and the Middle East, founding CaseWare International's European office.

He works closely with the CaseWare distributors and the software development teams in Toronto and is a member of the CaseWare International Executive Team.

He is the main contact for international mid-tier accounting networks, and is responsible for product localization in new markets.

 

Ng Kian Hui

Audit Partner, Head of Audit & Assurance, BDO LLP

Kian Hui has more than 22 years of experience in providing auditing and assurance services in Singapore and China.  He is the Head of Audit & Assurance and IFRS Country Leader of BDO LLP, Singapore. Currently, he is a member of the Financial Reporting Committee, Institute of Singapore Chartered Accountants (“ISCA”). He was a member of Auditing and Assurance Committee, ISCA as well as the Deputy Chairman of the ISCA Revenue Standard Working Group.

He provides auditing and assurance services to listed companies, multi-national corporation, statutory boards and privately owned entities in Singapore and China. His expertise covers statutory audits, accounting advisory, as well as reporting accountant for Initial Public Offers engagements.

 

Mark Holton

Managing Director, Dynamic Taxation and Training Services

Director, Smithink

Mark Holton, FCPA, has more than 35 years’ experience as an Accountant and Tax Agent in practice. Mark is the Managing Director of Dynamic Taxation and Training Services and a Director of Smithink.

Mark has developed specialised skills in corporate presentations and training with extensive experience in both private and public sector industries in Australia, New Zealand, United Kingdom and North America.

He is also a respected consultant in taxation and business management, in particular value added services implementation and administration using key business advisory systems and software.

Mark holds a Master of Commerce Degree as well as several post graduate qualifications in accounting and management. He also has a Degree in Adult Education and an Advanced Diploma of Financial Planning.

Mark is a Board Member and Honorary Treasurer of Ronald McDonald House Greater Western Sydney and Bendigo Bank East Gosford. He is also the Founding Chairman and Director of Finance of the NSW Central Coast Academy of Sport and sits on the Board of Ronald McDonald House Charities Australia.

 

Eric Teo

Founding Chairman, Institute of Valuers and Appraisers of Singapore

Head, Business Valuation and Advisory, Southeast Asia, Savills

Eric Teo is the Head of Business Valuation and Advisory, Southeast Asia at Savills.  He also serves as an Adjunct Associate Professor/Faculty at various universities.  This include Nanyang Business School (Nanyang Technological University), School of Business (Singapore University of Social Sciences), Singapore Institute of Technology, Singapore Management University and School of Business and Governance (Murdoch University).  He was an Executive Director with Ernst & Young (EY) and has worked in both the Singapore and Australia valuation practices.  He led the EY Asia Pacific Valuation Technical Standards Group from 2012 to 2015 and was involved in the development of learning curriculum and materials for the global valuation practice. His experience includes providing advice in relation to corporate strategy, investments and divestitures, fairness opinions and business valuation.  He has led in transactions relating to litigation support, tax planning, restructuring and compliance, capital raising, mergers and acquisitions, shareholder disputes and financial reporting. Eric has worked with companies from various industries and his clients include SMEs, GLCs, MNCs and public listed groups.

Eric is the Chairman of the International Valuation Standards Council (IVSC) Membership and Standards Recognition Board.   The IVSC is the global organisation which produces the International Valuation Standards (IVS) for the valuation profession. Eric is also the Founding Chairman of the Council of the Institute of Valuers and Appraisers of Singapore (IVAS).  The IVAS is an institute set up to advance the business valuation profession under the auspice of the Singapore Accountancy Commission.  He also serves as a board member of the Intellectual Property Office of Singapore (IPOS). Eric is a Chartered Accountant (Singapore), Chartered Accountant (Australia and New Zealand), CPA (Australia), Chartered Valuer and Appraiser (Singapore), Senior Fellow of Finsia and Fellow of the Royal Institution of Chartered Surveyors (RICS).

 

Julia Tay

Partner, Asia-Pacific Public Policy Leader, Ernst & Young Solutions LLP

Julia Tay has more than 25 years of experience in audit, commerce and government.

Since joining EY in 2016, she supports EY member firms in Asia-Pacific with respect to public policy. This includes continuous engagement with regulators and key stakeholders with the aim of shaping public policies that enhances corporate governance for the public interest.

Prior to joining EY, Julia spent more than seven years with Singapore’s Accounting and Corporate Regulatory Authority (ACRA), the national regulator of companies and public accountants, where she last served as Deputy Chief Executive.

Julia is also an EY representative on the Global Public Policy Committee comprising the six largest networks of accounting firms. In this role, she works with regulatory groups to improve audit quality globally. Julia is based in Singapore.

 

Max Loh

Managing Partner, Singapore & Brunei, Ernst & Young LLP

Max is the Managing Partner for Singapore and Brunei. He leads and manages the Singapore and Brunei business and operations, providing strategic leadership on market and people development. With over 30 years of audit and business advisory experience, his clients span a broad range of industries including technology, food and beverage, construction, manufacturing, trading, hospitality, financial institutions and government concerns.

Max has been involved as an audit partner with various Singapore Exchange (SGX) listed companies, responsible for their financial statement audits and internal control reviews. He is experienced in acting as reporting accountant for companies from Malaysia, Taiwan, Indonesia, Middle East and the People’s Republic of China, listing or doing reverse takeovers on the SGX, Hong Kong Stock Exchange and Shenzhen Stock Exchange.  He is also experienced in strategic planning, reorganization, risk management and business transformation projects for companies as part of their globalization and transformation efforts.

He is currently a Board Member and Public Accountants Oversight Committee Member of the Accounting and Corporate Regulatory Authority; Board Member and Audit Committee Chair of Enterprise Singapore, Health Sciences Authority and Singapore Polytechnic and Deputy President of the Singapore Council of CPA Australia.

 

Yap Chee Keong

Director, Olam International

Mr Yap Chee Keong is an independent non-executive director of Olam International, Sembcorp Industries, Shangri-La Asia, Certis Cisco Security, Citibank Singapore, Ensign Infosecurity and Mediacorp.  He is the chairman of the audit committee or audit & risk committee of these companies.

 Mr Yap was the Executive Director of The Straits Trading Company Limited and the Chief Financial Officer of the Singapore Power Group. He had also worked in various senior management roles in multinational and listed companies.

He was previously the chairman of CityNet Infrastructure Management (the trustee manager of NetLink Trust) and Singapore District Cooling

He was a board member of the Accounting and Corporate Regulatory Authority and a member of the Public Accountants Oversight Committee. He was a member of the MAS/SGX/ACRA Work Group to review the Guidebook for Audit Committees in Singapore and the MAS/SGX/ACRA/SID Review Panel to develop a Guide for Board Risk Committees in Singapore.

He holds a Bachelor of Accountancy from the National University of Singapore and is a Fellow of the Institute of Singapore Chartered Accountants, a Fellow of CPA Australia and a Fellow of the Singapore Institute of Directors.

 

Shariq Barmaky

Audit Partner, Deloitte & Touche LLP (Singapore)

Shariq has more than 25 years of experience in public accounting in the United Kingdom and Singapore. He has extensive experience in the audits of multinationals and local companies in various industries, as well as due diligence and public listings of equities and commercial paper.

Shariq acts as audit partner for entities in the pharmaceutical, trading and distribution, manufacturing, oil and gas, shipping and telecommunications sectors.

Shariq is very involved with the profession: He is a council member of ISCA and the immediate past chairman of the Audit & Assurance Standards Committee of ISCA.

Shariq regularly provides his views on topical accounting and auditing issues to the media and professional publications.

 

Ng Meow Ling

Director and Chief Inspector, Practice Monitoring Department, Accounting and Corporate Regulatory Authority (ACRA)

Ms Ng Meow Ling is the Director of the Practice Monitoring Department (PMD) in the Accounting and Corporate Regulatory Authority of Singapore (ACRA).

The Practice Monitoring Department (PMD) supports ACRA in its strategic objective of promoting high quality audit and corporate financial reporting through the administration of the Practice Monitoring Programme, which includes performing practice reviews of audits carried out by public accountants in Singapore. PMD also supports ACRA’s regulatory efforts in monitoring events and trends in the local and international marketplace and carries out other regulatory activities on the work and independence of public accountants when required.

Meow Ling spent a total of more than 17 years in the audit profession, serving audit clients across various industries.

Meow Ling holds a Bachelor of Accountancy Degree from the Nanyang Technological University. She is a member of the Institute of Singapore Chartered Accountants.

 

Olwyn Connolly

Chief Customer Officer, Inflo Limited

Olwyn is a qualified Chartered Accountant through Chartered Accountants Ireland and a member of Chartered Accountants Australia and New Zealand. She trained and worked with PWC in Dublin before spending time working as a consultant with Mercia Group, where she supported mid-tier firms and SMPs throughout Ireland and the UK as they navigated practice reviews, internal training and audit transformation and enhancement.

Almost a decade ago she and her husband emigrated to Australia, to the sunny shores of Sydney. She has spent the last 9 years working with Chartered Accountants Australia and New Zealand in a range of roles from education to advocacy and member services, and most recently she was the Project Director and Executive Committee Chairperson for the pinnacle global event for the global accounting and finance profession – the World Congress of Accountants – which welcomed over 5,500 professionals to Sydney in November 2018.

She is now the Chief Customer Officer with Inflo Limited – a data analytics software company who are supporting advancement, enhancement and transformation of audit processes and other lines of service, through cutting edge technology; delivering greater client and staff engagement, developing firm capabilities and supporting sustainable practices.

Olwyn is ferociously passionate about her profession and strives to work with and be involved in activities that improve and move it forward. Her passion for the profession was recognised through her shortlisting as one of the Top 50 Women in Accounting in 2018. She is an adept problem solver and resourceful executive who is most at home when collaborating and connecting people and ideas to achieve a more successful outcome; a self-confessed professional dot-joiner.

 

Ashutosh Sharma

Associate Director,S&P Global Ratings

Ashutosh Sharma is senior member of S&P Global Ratings - South & South East Asia. He has more than 18 years of experience spanning credit ratings and research, ratings criteria and though leadership development, consulting, assurance and financial risk management for top global and regional companies.

Ashutosh is a Chartered Financial Analyst from the CFA Institute and a Chartered Accountant from Institute of Chartered Accountants of India. He also holds a Bachelor of Commerce from the Narsee Mongee College of Commerce and Economics, Mumbai.

 

James Xu

Audit Partner,Deloitte & Touche LLP

Deputy Chairman, ISCA Auditing and Assurance Standards Committee

James is an audit partner of Deloitte with a wide range of engagements in the audit of multinational and local companies in various industries including Technology, Media and Telecom (TMT), Manufacturing, Real Estate and Construction, Transportation, Consumer Products, Agriculture, Energy and Resources.

He is also the Regional Professional Practice Director and Audit Risk Leader of Deloitte South East Asia in charge of audit technical quality and risk management.  

 

Martin Lim

Founder,Ingenique Solutions Pte Ltd

Martin is the founder and director of Ingenique Solutions. He is the person behind the product development of all products by Ingenique Solutions. Prior to joining Ingenique Solutions, Martin has more than 15 years in the IT industry covering both technical and business development responsibilities.  With Ingenique Solutions, he assembled a team of AML professionals, and together, they grew the company from zero to the current customer base of more than 950 across Singapore, Hong Kong, Taiwan, China and Malaysia.

Martin graduated from Nanyang Technological University, and had several postgraduate degrees from National University of Singapore.  In addition, he has a Diploma in AML/CFT from the International Compliance Association.

 

Tan Boon Gin

CEO, Singapore Exchange Regulation

Mr Tan Boon Gin joined SGX as Chief Regulatory Officer on 15 June 2015 and is now the head of SGX RegCo.

Before joining SGX, Mr Tan was the Director of the Commercial Affairs Department of the Singapore Police Force. Prior to this, Mr Tan held several appointments at the Monetary Authority of Singapore (MAS) including Director of the Enforcement Division, Director of the Corporate Finance Division and Executive Director of the Investment Intermediaries Department.

Mr Tan was seconded to MAS after serving as a District Judge at Singapore’s Subordinate Courts.

Mr Tan’s earlier roles include serving as a Justices’ Law Clerk at Singapore’s Supreme Court and a Deputy Public Prosecutor at the Attorney General’s Chamber, where he specialised in corruption and white-collar crime.He had also practised at Messrs Sullivan & Cromwell in New York.

He is a member of the Singapore Institute of Directors Council and serves on the Board of the Inland Revenue Authority of Singapore.

Mr Tan is an advocate and solicitor and holds degrees from the University of Cambridge and Harvard Law School. Mr Tan was awarded the Public Administration (Silver) Medal in 2010.


Upcoming Schedule

Registration is closed

Date & Time

29 Oct 2019 (9:00 AM - 5:30 PM)

Fee (inclusive of GST)

For Members: $ 406.60
For Non-Members: $ 487.92

Programme Facilitator(s)

Team of Professionals (PC2019)

Venue

1 Bayfront Avenue
Level 3
Marina Bay Sands Expo and Convention Centre, Cassia Ballroom
Singapore 018971