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Monday, March 21, 2011

EU recognises Singapore’s auditor oversight system

The Malaysian Insider, 21 Mar 2011SINGAPORE, March 21 – The European Commission (EU) has recognised Singapore’s auditor oversight system as being equivalent to that of the European Union (EU) member states.In a statement, Singapore’s Accounting and Corporate Regulatory Authority (ACRA) said the republic is amongst the first batch of 10 countries, including Australia, Canada and the United States,