Overview of ACRA

Business Profile provides basic entity information such as Unique Entity Number (UEN), entity name, business activities, date of incorporation/registration and also information of position holders or business owners or partners. Under the Sarbanes-Oxley Act of 2002, accounting firms that audit U.S. public companies, or play a substantial role in another firm’s audit of those companies, must register straight line depreciation formula with the PCAOB and comply with PCAOB requirements in connection with those audits. (e) To promote public awareness of the new business structures, compliance requirements, corporate government practices, and any other matter under the purview of the ACRA. Nevertheless, ACRA adheres to the Public Sector (Governance) Act and Government Instruction Manuals with respect to the way data is managed.

Monetary Authority of Singapore

We will facilitate digital engagements with users of our services and with those we regulate and partner with, and influence businesses to adopt environmentally sustainable practices. The legislation once enacted, will provide for companies to hold hybrid or fully virtual meetings on a permanent basis. It will also support the state’s company law regulators to work more effectively, encourage compliance with company law and exercise proportionate enforcement when necessary.

My online training file

(b) To report, make recommendations to, and advise the Government on matters relating to the registration and regulation of business entities, public accountants, and corporate service providers. (d) To represent the Government internationally in matters relating to the registration and regulation of business entities, public accountants, and corporate service providers. (c) To establish and administer a repository of documents and information relating to business entities, public accountants, and corporate service providers; and to provide the public with access to such documents and information.

Housing & Development Board

Download for purchased product will expire 7 days from date of purchase, no further extension can be made. The need to ensure maximum transparency and accountability of budget processes, the prospects and challenges of creating a Budget Office in the Verkhovna Rada of Ukraine, possible changes in the proce… Rhonda Schnare, PCAOB Director of International Affairs, added, “We are pleased to reach this milestone with the ACRA, an important partner in the region and in the global capital markets. Firms registered with the PCAOB, cooperative relationships like this one are critical to the PCAOB’s success in its oversight mission.” The arrangement is the latest in a series of cooperative arrangements that the PCAOB has established with non-U.S.

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1. On July 11, 1996, the Verkhovna Rada of Ukraine adopted the Law of Ukraine “On the Accounting Chamber”, which has actually launched the activity of the official body of independent external public financial control.
2. Should the use of information by anyone constitute an offence or a breach of the law, he or she may face legal action or criminal prosecution.
3. (c) To establish and administer a repository of documents and information relating to business entities, public accountants, and corporate service providers; and to provide the public with access to such documents and information.
4. The Law, adopted in 2015, has significantly changed the situation and has substantially expanded the functions and powers of the Accounting Chamber to carry out the control over the revenues of the State Budget of Ukraine and their use.
5. Under the Sarbanes-Oxley Act of 2002, accounting firms that audit U.S. public companies, or play a substantial role in another firm’s audit of those companies, must register with the PCAOB and comply with PCAOB requirements in connection with those audits.

We are also responsible for developing the accountancy sector and setting the accounting standards for companies, charities, co-operative societies, and societies in Singapore. The Accounting and Corporate Regulatory Authority (ACRA) is the regulator of business registration, financial reporting, public accountants and corporate service providers. ACRA’s role is to monitor corporate compliance with disclosure requirements and regulation of public accountants performing statutory audit.

Under the Companies Act, all Singapore-incorporated companies are required to file annual returns with ACRA to ensure that the company’s information on ACRA’s register is up to date. The company must also submit the date of its annual general meeting (AGM) if it has held its AGM, as well as the company’s financial statements (if applicable). The Law, adopted in 2015, has significantly changed the situation and has substantially expanded the functions and powers of the Accounting Chamber to carry out the control over the revenues of the State Budget of Ukraine and their use. And Ukraine has obtained a full-fledged supreme financial control institution – the Accounting Chamber, which is a reflection of a state sovereignty and democracy. We will track our environmental performance and reduce our environmental footprint through our procurement practice and usage of resources, in line with public sector sustainability commitments. We will also foster a culture of sustainability by encouraging and supporting our officers in embracing sustainable practices and making sustainability our way of life.

ACRA was formed on 1 April 2004 by the Accounting and Corporate Regulatory Act, which resulted in the merger of the then Registry of Companies and Businesses (RCB), and the Public Accountants’ Board (PAB). The merger was to synergise the monitoring of companies’ compliance with disclosure requirements,[3] and the regulation of public accountants performing statutory audit. We recognise that environmental sustainability is both an opportunity and a risk, and businesses can demonstrate their impact on sustainability through does my small business need an accountant or a bookkeeper corporate reporting. We will work with stakeholders to consider the reporting and assurance requirements for sustainability-related information, and how such information can contribute towards a trusted and vibrant business environment in Singapore. As the national business registry of Singapore, one of ACRA’s functions is to establish and administer a repository of documents and information relating to business entities and public accountants, and to provide access to the public to such documents and information.

This is to facilitate trade and interactions among businesses and members of the public, enhance transparency and enable the public to conduct due diligence checks on these entities and the people who operate them. The Variable Capital Company (VCC) is a new corporate structure for investment funds constituted under the Variable Capital Companies Act which took effect on 14 Jan 2020. Upon successful payment, an email on the guide for product download will be sent to you within 15 minutes.Alternatively, if the purchase is done via Singpass, you can login at ACRA BizFile+ portal, click on Messages to access the above same email message.

The Accounting and Corporate Regulatory Authority (ACRA) is a statutory board under the Ministry of Finance of the Government of Singapore. ACRA is the regulator of business registration, financial reporting, public accountants and corporate service providers. ACRA is also responsible for developing the accountancy sector and setting the accounting standards for companies, charities co-operative societies, and societies in Singapore. ACRA fosters a vibrant and trusted business environment that enables innovation and growth and contributes towards making Singapore the best place for business. The Accounting and Corporate Regulatory Authority (ACRA) is the regulator of business registration, financial reporting, public accountants, and corporate service providers.

Most of the information lodged with ACRA via BizFile+, ACRA’s on-line registry system, can be accessed by the public upon payment total estimated 2021 tax burden of a fee. Some of the information can also be obtained from ACRA’s authorised Information Service Providers (ISPs).