# ISCA Launches Taskforce to Strengthen Financial Reporting and Investor Confidence

- Link: https://www.thailand-business-news.com/pr-news/isca-launches-taskforce-to-strengthen-financial-reporting-and-investor-confidence
- Published: 2026-05-11T17:00:00+07:00
- Author: Media OutReach

SINGAPORE – [Media OutReach Newswire](https://www.media-outreach.com/) – 11 May
2026 – The Institute of Singapore Chartered Accountants (ISCA) has launched a new
Taskforce to strengthen financial reporting and investor confidence in Singapore,
amid growing focus on corporate transparency, financial controls and trust in capital
markets.

 The Strengthening Financial Reporting Taskforce was launched today at the ISCA 
Value Unlock Forum held in partnership with Singapore Exchange (SGX). Chaired by
Ms Euleen Goh, ISCA Distinguished Lifetime Member and Chairman of Singapore Institute
of Management Group Ltd, the Taskforce will bring together leaders from business,
finance, academia and investor groups to review Singapore’s financial reporting 
ecosystem and recommend ways to strengthen the quality, integrity and usefulness
of corporate reporting.

 The Taskforce comes at a timely moment as Singapore continues efforts to strengthen
its capital markets and business ecosystem. Recent national initiatives, including
the Accountancy Workforce Review Committee and the Monetary Authority of Singapore’s
Equities Market Review, have highlighted the importance of strong financial reporting,
professional capabilities and investor trust.

 The launch also comes amid ongoing discussions on reducing compliance costs for
smaller companies, including ACRA’s review of Singapore’s audit exemption framework.
Regardless of how the framework evolves, strong financial reporting practices, competent
finance professionals and effective financial controls remain fundamental to upholding
confidence among investors, lenders and stakeholders.

 The Taskforce will study how companies can improve the way they communicate financial
performance, business risks and long-term value creation to investors and stakeholders.
It will also examine how Singapore can continue to uphold high standards of governance,
transparency and accountability in a rapidly evolving business environment.

 Ms Euleen Goh, Chairperson of the Strengthening Financial Reporting Taskforce, 
said: “Financial reporting has always been the language of business. As markets 
evolve, it must speak more clearly and more usefully to the stakeholders who rely
on it. The Taskforce will take a practical and holistic look at how Singapore can
raise the bar so that companies communicate value and insights with the confidence
and clarity that investors and the market expect.”

 The Taskforce comprises leaders from across the financial ecosystem:

 *  Mr Liew Nam Soon, Deputy Regional Managing Partner, EY Asia East; Managing Partner,
   EY Asean; Managing Partner, EY Singapore & Brunei
 *  Mr Leong Yung Chee, Group CFO, United Overseas Bank Limited
 *  Professor Lawrence Loh, Director, Centre for Governance and Sustainability, 
   NUS Business School, National University of Singapore
 *  Ms Belinda Tan, CA (Singapore), Managing Director of Finance, Temasek International
 *  Mr Ang Hao Yao, Vice President, Securities Investors Association (Singapore)
 *  Ms Karen Loon, Member, Governing Council of the Singapore Institute of Directors
 *  Mr Tan Boon Gin, CEO, Singapore Exchange Regulation (Observer)
 *  Mrs Chia-Tern Huey Min, CE, Accounting and Corporate Regulatory Authority (Observer)

 Mr Lee Boon Teck, President of ISCA, said: “High-quality financial reporting and
strong financial controls are essential to investor confidence and market integrity.
As Singapore’s national accountancy body, ISCA believes professionally trained finance
and accounting professionals play a critical role in safeguarding trust in business
and capital markets. This Taskforce reflects our commitment to supporting Singapore’s
continued standing as a trusted global financial and business hub.”

 The Taskforce was launched at the ISCA Value Unlock Forum, which brought together
C-suite leaders, finance professionals and capital markets stakeholders to discuss
how companies can better communicate value to the market.

 ISCA Academy, an Approved Training Provider under the SGX Value Unlock Programme,
supported the afternoon sessions as part of the ISCA Value Unlock Series. The series
aims to equip listed companies and finance leaders with practical capabilities to
communicate performance, strategy and value more effectively to the market.

 Ms Cyndi Pei, Chairperson of ISCA Academy, said: “As stakeholder expectations continue
to evolve, finance leaders are increasingly expected to go beyond reporting results
to articulating performance, risks and value creation with clarity, credibility 
and context. ISCA Academy remains committed to supporting the profession and the
broader market by building the practical capabilities needed to reinforce trust,
promote transparency and strengthen confidence in Singapore’s capital markets.”

 The Taskforce will engage stakeholders over the coming months and provide recommendations
on strengthening Singapore’s financial reporting ecosystem.Hashtag: #ISCA #CharteredAccountants#
FinancialReporting #DifferenceMakers #Accounting #Accountancy

The issuer is solely responsible for the content of this announcement.

#### About the Institute of Singapore Chartered Accountants (ISCA) Academy

The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy
body of Singapore. Established in 1963, ISCA administers the Singapore Chartered
Accountant Qualification programme and is the designated entity by the Singapore
Ministry of Finance to confer the Chartered Accountant of Singapore [CA (Singapore)]
designation.

 ISCA supports over 43,000 members across industries in Singapore and globally, 
with members in more than 40 countries. With a growing international presence, ISCA
has 12 overseas chapters, 7 offices across 10 countries and a network of over 150
strategic partners, strengthening professional connections and opportunities across
borders. ISCA is also a member of Chartered Accountants Worldwide, a global network
representing more than 1.8 million Chartered Accountants and students across over
190 countries.

 ISCA advances professional development and lifelong learning through ISCA Academy,
its training arm and drives community impact through ISCA Cares, its charity arm.

 ISCA Academy, the leading business school of ISCA, delivers immersive, industry-
informed learning across accountancy, finance, technology, governance and leadership.
We equip learners to reskill, reconnect and reinvent, empowering them to stay relevant
and ahead by choice.

 For more information, visit [www.isca.org.sg](http://www.isca.org.sg/).

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**Source** : [ISCA Launches Taskforce to Strengthen Financial Reporting and Investor Confidence](https://www.media-outreach.com/news/singapore/2026/05/11/464011/?rand=186006)

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