ACRA’s New Practice Direction on Private Capital in Accounting Firms: What Singapore Directors and Audit Committees Need to Know
In April 2026, the Accounting and Corporate Regulatory Authority (ACRA) issued Practice Direction No. 1 of 2026 on External Private Capital Arrangements in Accounting Entities — a landmark regulatory development that has significant implications not only for Singapore’s accounting and audit firms, but for every company director and audit committee member who engages an external [...]