Launch Pad is a start-up focused series of events that covers key issues of relevance to members and entrepreneurs who are or plan to be engaged in start-up businesses in Singapore. Launch Pad events are intimate and informal workshops where attendees can engage with industry experts in a workshop style of environment. The series is organised in collaboration with AustCham.
This workshop is limited to 16 participants who have an existing start-up or plan to start a business in Singapore.
Back Office Compliance – Accounting and Tax
Overview of compliance requirements for having a company under Companies Act, Employment Act, annual filing requirement and responsibilities of directors.
Will Tipping – Senior Manager Accounting Advisory Services, KPMG Singapore
Will is a Senior Manager in Assurance and Business Advisory line of business in KPMG Singapore. He has worked with clients in Singapore and throughout ASEAN on areas such as incorporating a business, technical accounting, financial statement preparation, financial processes and implementation of controls. He is a frequent speaker on developments in accounting in the region.
■Will is currently advising a large Thai reporting group on the development of a single chart of accounts, which incorporates consideration of forthcoming IFRS 9 reporting requirements.
■Will also recently advised a large Thai bank on designing and implanting a robust control framework over its global markets business, with a view to implementing a rigorous control over both its trade volume and profit or loss performance.
■Will has previously advised a large oil group on accounting and regulatory considerations when incorporating a new business in Singapore. This includes local financial reporting considerations under the Singapore regulatory regime.
■He has extensive ASEAN experience having advised companies in Singapore, Brunei Darussalam, Cambodia, Vietnam and Thailand across a range of industries. He was also recently a presenter at a World Bank conference on the implementation of IFRS.
■Prior to joining Singapore’s Accounting Advisory Service group, Will was most recently with Goldman Sachs’ London office specialising in accounting for structured transactions, including its fund derivative and asset repack activities. During this time, he was involved in a project to bring all of the bank’s previously unconsolidated special purpose vehicles onto the bank’s books and records including updating the Chart of Accounts to reflect their business activities.