ASH NEWS BITES
DECEMBER 2024 EDITION
IN THE SPOTLIGHT
UPDATES TO THE RETIREMENT DATE OF CLASSIC INVOICING
Earlier this year, Xero announced the transition away from the classic invoicing product to make way for a new and improved platform. This change will enable Xero to deliver more of the invoicing features all on a unified platform.
To ease the transition during this busy time of year, Xero has decided to extend the availability of classic invoicing until 27 February 2025. This adjustment aims to provide a smoother shift to the new invoicing experience for you and your business.
BLOG OF THE MONTH
Everything You Need to Know About Annual General Meetings (AGMs)
An AGM is an important moment for a company to showcase its financial health to shareholders and address any questions or concerns they may have. In Singapore, all companies are required to hold AGMs as part of their corporate governance.
NEWS AND INFO
Online Application for Giro Payments to Benefit Over Two Million Taxpayers
DBS and the Inland Revenue Authority of Singapore (IRAS) have introduced eGIRO, a new service that allows more taxpayers to apply for GIRO payments online.
Through the IRAS myTax portal, both individuals and businesses can now conveniently set up automatic tax payments.‘Good Results’ from Ongoing Push to Strengthen Singapore’s Accounting Sector
Efforts to implement recommendations from a report aimed at boosting Singapore’s accountancy sector are yielding good results, Minister in the Prime Minister’s Office Indranee Rajah.
TIPS AND TRICKS
ESSENTIAL FINANCIAL REPORTING DUTIES EVERY DIRECTOR SHOULD KNOW
REVIEW OF
FINANCIAL STATEMENTS
WORKING WITH THE
INDEPENDENT AUDITORS
APPOINTMENT OF
MANAGEMENT
USING EXTERNAL
HELP
INTERNAL CONTROL SYSTEM AND
ACCOUNTING AND OTHER RECORDS