* Please note that speakers may be subject to change without further notice
Mr Reinhard Klemmer
Co-Chairman of ISCA COVID-19 Working Group; Chairman, ISCA Financial Reporting Committee; Audit Partner, KPMG LLP
Reinhard is the Head of the Department of Professional Practice and an Audit Partner with KPMG Singapore with more than 25 years of experience.
In his current role as head of DPP, he is involved in all significant accounting discussions and audit methodology issues of the firm in Singapore. He is involved with the audit regulators in Singapore and represents KPMG Singapore in international discussions on accounting issues, in particular with the IASB.
Reinhard is leading accounting advisory projects in Singapore and the ASEAN region including current IFRS conversion projects. He is advising on accounting for acquisitions, hedge accounting, consolidation issues, complex transaction accounting as well as various other issues for a wide range of clients including financial institutions, government institutions, PE investors and real estate companies.
His audit portfolio includes a large listed Telco in Singapore, where he serves as the Group engagement partner as well as branches of regulated Banks in Singapore and the audit of a commodities trading company and a healthcare company.
Reinhard is the chairman of ISCA’s Financial Reporting Committee and a member of several other technical ISCA committees and chairs the workgroups on the implementation of the new consolidation standards and the new revenue recognition standard in Singapore.
Reinhard is a member of KPMG’s Global Topic Teams on revenue recognition and the topic team on valuation and impairment. He is very involved in technical issues and the interpretation and practical implementation of the respective accounting rules. He liaises on a regular basis with KPMG’s IFR-Group as well as other international members of the topic teams.
Ms Lim Ju May
Deputy Director, Technical Division, ISCA
Ju May heads ISCA’s TECHNICAL Division, which provides technical support in areas of financial reporting, ethics, audit, sustainability and specialised industries; and communicates insights and views to ISCA’s members and the wider accountancy community.
Through various technical committees that comprise representatives from various stakeholders in the corporate reporting eco-system, TECHNICAL hears issues from the ground and conceives initiatives to promote and enhance quality, consistency and best practices to uphold technical excellence. FRG 1 on best practices when engaging valuers for Real Property Valuation for Financial Reporting, FRG 2 on Accounting for Cryptoassets from a Holder’s Perspective, FRBs 5 & 6 on COVID-19 government relief measures, COVID-19 Technical FAQs, IFRS Convergence 2018 Implementation Roadmap, and Revenue Recognition for Sale of Uncompleted Residential Properties in Singapore are some of the publications issued by TECHNICAL.
Ju May is the author of ISCA’s Micro Accounting Model (MAM), a self-contained framework to assist businesses take the first but important step in preparing reliable financial information. She also authored other ISCA publications such as Sustainability Reporting Implementation Roadmap, CFOs for Sustainability Reporting Roundtable Report, Leases Roadmap, Technical Bites, and various others.
Before joining ISCA, Ju May was an auditor with firms such as PricewaterhouseCoopers and Ernst & Young. She holds a Bachelor in Economics, Accounting & Finance from the London School of Economics and Political Science.
Ms Felicia Tay
Manager, Technical Division, ISCA
Felicia is a Manager in ISCA’s Technical Division: Financial Reporting.
As a technical staff in ISCA’s Technical Division, she provides technical support in the area of financial reporting; and communicates insights and views to our members and the wider accountancy community. She has over 5 years’ experience in her current role.
Her key role in ISCA is to issue technical guidances to aid the profession overcoming accounting challenges faced; provide technical advice to members; provide ISCA’s views to financial reporting consultation documents; organise conferences/seminars to provide outreach to the profession as well as play the role as Secretariat to ISCA’s Financial Reporting Committee.
Prior to joining ISCA, Felicia had 10 years of experience in audit practice. She is a Chartered Accountant of Singapore.