Digital Disruption / Insight

December 11, 2020
finance in covid era

Accounting Treatment of Modification of Financial Liabilities

by KOH WEI CHERN COMPARISON OF IFRS 9 AND IAS 39 Corporate debts issued by the firms are generally accounted for as financial liabilities under International Financial Reporting Standard (IFRS) 9 Financial Instruments and in its predecessor standard, International Accounting Standard (IAS) 39 Financial Instruments: Recognition and Measurement. In view […]
December 11, 2020
meeting-of-minds

Meeting of minds – Pharma’s market

In a new series, CA magazine brings together ICAS Deputy President Bruce Pritchard CA and Sophie Baillie CA to hear how the life sciences sector has evolved – and how the roles of CAs have changed along with it. Bruce Pritchard CA is CEO, Liminal BioSciences and Qualified 1996. Sophie […]
December 11, 2020
hip heritage

Hip heritage – Sharp focus

While many rival camera-makers have been battered by the advent of the smartphone, Canon is still zooming in worldwide. Sally Reid CA tells Ryan Herman how a mixture of specialism and diversification keeps the Japanese company’s picture perfect Sally Reid CA’s former employers at the Union Street branch of Dixons […]
December 11, 2020
learning-curve

Learning curve

By Alice Deaken What CAs need to learn – and how – is in an accelerated state of flux. So what does that mean for our educational methods and models? Nick Scott asks Alice Deakin CA, ICAS’ newly appointed Executive Director of Learning Even before the pandemic, the pace of […]
November 9, 2020

Data Analytics Adoption

October 12, 2020

Data Protection and Privacy in Covid-19 Times

Governments around the world have made (or are making) great effort to build their capabilities, especially to speed up contact tracing. With the rise of new waves of infection, the impetus to perform contact tracing is much stronger as countries continue the fight to keep the Covid-19 spread under control.
October 12, 2020

Gearing up to Reboot in a New World

These unprecedented times call for innovative ways to upkeep traditions, and ISCA endeavoured to provide a complete and rewarding experience for the more-than-1,000 registered attendees of its very first virtual PAIB Conference.
October 12, 2020

Technological Impact on Finance Functions and Job Redesign

The current economic fallout has caused much uncertainty for companies all over the world. To thrive in the “new normal”, companies need to accelerate their business transformation efforts to enhance their competitive capabilities as well as capture and deliver greater value. This will involve undertaking job redesign to better align roles with the changing business environment; at the same time, the workforce must also adapt quickly to stay competitive.
October 12, 2020

Using Data Analytics in a Financial Statements Audit

Technology leverage has been all the rage in recent times as businesses, and even entire industries, seek to fend off disruptors and/or chase growth. For the audit industry, data analytics has been touted as a potential game-changer as the profession seeks to innovate its way to more effective audits in the face of mounting expectations, business complexity and volume of transactions.
September 17, 2020

Forensic Data Analytics: No Longer Just a Supplementary Tool

When it comes to tax investigations, the most common picture we have will be of tax officers sieving through stacks of physical documents, manually searching for red flags of potential tax fraud. While that may have been the case 10 to 15 years ago, the nature of tax investigation has evolved.