PwC Singapore today announced that it has just welcomed eight new partners to the firm. Of the eight partners, six are female. More significantly, they originate from five different cultures and nationalities – namely Australia, India, Myanmar, the Netherlands, and Singapore, and have extensive overseas work experience.
After three years in development, the IAASB has released a set of standards that are game-changing for shareholders and the profession, says PwC. The standards mark a move to allow reports that are more informative, discursive and insightful. The new reports will undoubtedly stimulate enhanced conversations among auditors, companies, audit committees and shareholders.
Landmark analysis report titled Towards more relevant reporting finds that annual reports of many companies in Singapore already have some components required by the Integrated Reporting (<IR>) framework such as information about strategy, business model and risks, but they would need to link these elements better to holistically communicate a more relevant value creation story to stakeholders.