Accountants Act (Cap. 2): Primary legislation governing the accounting profession in Singapore, including registration requirements, professional standards, and disciplinary framework
Companies Act (Cap. 50): Key legislation governing corporate entities in Singapore, including financial reporting requirements and statutory obligations
Income Tax Act (Cap. 134): Legislation governing taxation matters that accountants need to consider when providing confirmations related to financial statements and tax compliance
Goods and Services Tax Act (Cap. 117A): Legislation concerning GST obligations and compliance that may need to be addressed in confirmation letters
Singapore Standards on Auditing (SSAs): Professional standards that guide the conduct of audits and related services, including the issuance of confirmation letters
Singapore Financial Reporting Standards (SFRS): Framework of accounting standards that govern financial reporting in Singapore
ISCA Code of Professional Conduct and Ethics: Professional ethical guidelines established by the Institute of Singapore Chartered Accountants that must be adhered to when issuing confirmations
ACRA Requirements: Regulatory requirements set by the Accounting and Corporate Regulatory Authority for professional accountants and entities
MAS Guidelines: Monetary Authority of Singapore guidelines that may apply when dealing with financial institutions or regulated entities
Personal Data Protection Act 2012: Legislation governing the collection, use, and disclosure of personal data that must be considered when handling client information
Corruption, Drug Trafficking and Other Serious Crimes Act: Anti-money laundering legislation that accountants must consider as part of their professional obligations
Terrorism (Suppression of Financing) Act: Legislation related to prevention of terrorism financing that accountants must be aware of in their professional capacity
