The Conference, which highlighted the changing audit and business landscape, and the challenges brought about by the pandemic, also discussed the strategies that practitioners could adopt to build up their resilience for tomorrow.
In the brighter future when historians write about the Covid-19 crisis, it will hopefully be, for the audit profession, a tale of human ingenuity and adaptability.
Trends, Gaps and Best Practices
The latest Singapore Governance and Transparency Index (SGTI) study, released in August 2020, showed that although Singapore-listed entities had improved overall, there are still many gaps that require urgent improvement, especially in the area of risk management disclosures.
The COVID crisis is far from over, so it’s important to prioritise your mental health, and that of your clients.
Zac Hayes knew he had to step back, if only for a short time. [...] He was working long hours and had become the de facto counsellor for the people around him – and it was taking a toll.
“I was burning the candle at both ends, working 70 or more hours a week,” he says. “I knew I needed to take some time to myself. I told my staff I was having a Friday off, making it a long weekend.”
Throughout the world finance professionals are dealing with the personal and professional challenges posed by the Pandemic. CA ANZ have compiled a list of resources to assist in building resilience, capacity and maintaining your well-being.
The CA ANZ Young CA Wellness Series is an opportunity for CAs new to the designation, or early in their careers, to hear from experts and connect with their colleagues in an interactive discussion space.
by NG KIAN HUI The audit industry has been subjected to increased scrutiny in recent years to uphold audit quality and public interest. The 2019 Novel Coronavirus Outbreak (Covid-19) has further increased the challenges for auditors in performing their audits, not only in complying with the auditing standards but […]