ACRA-SGX-SID AUDIT COMMITTEE SEMINAR 2018

Companies that embrace good corporate governance are known to instill greater investor confidence. At this year’s seminar, held jointly by Accounting and Corporate Regulatory Authority (ACRA), Singapore Exchange (SGX) and Singapore Institute of Directors (SID), the theme is “Rebooting Corporate Governance”.

Highlights:

Hear first-hand from the Corporate Governance Council chairs and regulators on the latest developments of Singapore’s Code of Corporate Governance (CG Code).
Find out about SID initiatives to help ACs prepare for new accounting standards and convergence to the International Financial Reporting Standards (IFRS).
Learn how ACs can leverage on AC commentary to raise the transparency of corporate disclosures.
Understand more about company obligations on corporate actions based on real life case studies.

The keynote speaker is Mr Chew Choon Seng, Chairman, Corporate Governance Council 2017, and Chairman, GIC Audit Committee.
Panellists include Mr Willie Cheng (Chairman, SID), Ms Rachel Eng (Deputy Chairman, Wong Partnership), and Mr Tham Sai Choy (Board member, ACRA).

Programme:

0815 – Registration and Networking Breakfast
0900 – Welcome Remarks by Mr Ong Khiaw Hong, Chief Executive, ACRA
0905 – Keynote Address by Mr Chew Choon Seng, Chairman, Corporate Governance Council
2017; Chairman, GIC Audit Committee
0915 – ACRA 2018 Regulatory Update

With increasing complexity in business transactions, investors are placing greater reliance on the financial statements. The AC’s role in ensuring the integrity of financial statements and the transparency of corporate disclosures becomes even more crucial. In this session, ACRA will share areas of focus that ACs should pay attention to when reviewing the 2017 financial statements. ACRA will also share observations from its EAR study and how ACs can leverage on AC commentary to raise transparency of the corporate disclosures.

0940 – ACs’ Response to Recent Developments in Financial Reporting

ACs are facing increasing challenges in the light of the EAR, new major accounting standards and the convergence of Singapore Financial Reporting Standards to IFRS. How should ACs respond to these developments? Where can they get help? This update examines these issues and how the SID AC Chapter plans to help ACs respond to these challenges more effectively.

0950 – SGX RegCo 2018 Regulatory Updates

With market participants paying greater attention to the corporate governance practices of listed companies, it is important for listed companies to strengthen corporate governance practices that better support sustained corporate performance and maintain investors’ confidence in our capital market. Expanding the coverage of reporting to include environmental and social aspects of businesses will further enhance disclosure and transparency to investors. This session provides key highlights on sustainability reporting and the changes arising from the proposed revision to the CG Code. SGX RegCo will also share case studies on corporate actions to provide clarity on listing rules.

1015 – Panel: Insights on the 2017 Review of the CG Code

To strengthen investors’ confidence in the capital markets, the Monetary Authority of Singapore had set up a Corporate Governance Council in February 2017 to undertake a review of the CG Code, which is applicable to all listed companies in Singapore. In this session, the three subcommittee chairmen from the Council will share key highlights of the proposed revisions and insights on ACs’ role with regards to corporate governance.

1110 – Closing Remarks by Mr Tan Boon Gin, Chief Executive Officer

Register for this event here.
Date: 16^th January 2018 (Tuesday)
Time: 9:00am – 11:15am
(Registration and Networking Breakfast starts at 8:15am)
Venue: Marina Mandarin Hotel, Main Ballroom
Cost: SID members – $93 (excluding GST); $99.51 (including GST)
Non-SID members – $125 (excluding GST); $133.75 (including GST)
CPD: 2 hours
All attendees will receive a complimentary copy of 2018 Mini-Guide for Audit Committess by ACRA, SID and PwC
Register for this event here.

ACRA-SGX-SID AUDIT COMMITTEE SEMINAR 2018

Highlights:

Programme:

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