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Audit guidelines updated with second edition of guidebook

Published on Aug 19, 2014 6:58 PM

SINGAPORE - Regulators have issued an updated version of a guidebook that provides guidelines to the audit committees of listed companies here.

This is the second edition of the guidebook, which was first issued in October 2008, as a means to strengthen corporate governance in Singapore.

"Following the revision to the Code of Corporate Governance in May 2012 and numerous industry developments, it was timely to review the Guidebook to ensure its continued relevance," regulators from three agencies said.

They are the Monetary Authority of Singapore (MAS), the Accounting and Corporate Regulatory Authority (ACRA) and the Singapore Exchange (SGX).

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