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October 15, 2026
If a bank requests a VCC member register, verify the request and assess the appropriate disclosure. A register not being publicly available does not mean every private information…
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October 15, 2026
A registered VCC sub-fund may still have important launch work outstanding. Treat registration as a specific milestone, then review the documents and operational conditions needed for the proposed…
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October 15, 2026
A VCC changing its fund manager should plan the transition before terminating the existing arrangement. Review the proposed manager’s eligibility, relevant approvals and operating dependencies. ACRA’s officer guidance…
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October 15, 2026
A redemption request should be assessed under the actual VCC and fund documents. Receipt before an expected cut-off does not, by itself, answer every question about acceptance, valuation…
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October 15, 2026
If an invoice for one VCC sub-fund is paid from another’s account, preserve the payment records and investigate promptly. Do not assume an internal journal alone resolves the…
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If a restaurant will operate through a different company, review the food licence before the handover date. Buying equipment, taking a lease or changing a trading name does…
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October 15, 2026
When an overseas customer returns goods, reconcile the refund with the actual stock movement and original sale. A refund confirmation does not prove the goods were received or…
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October 15, 2026
If marketplace sales exceed the amount received in the bank, build a reconciliation rather than recording the payout as the whole sales total. Fees, refunds, withheld amounts and…
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If a Singapore-based employee is paid from overseas, establish the actual employer, work location and employee status before deciding the CPF position. The country of the bank payment…
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If unpaid leave is entered after salary has been calculated, review the leave evidence and actual work schedule before adjusting pay. A late administrative entry should not be…
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