Entries by Matthew Schade

Virtus Assure Performed Comprehensive Review on Internal Control of Corporate Disclosure for a SGX Listed Company

Recent findings from a review conducted by us to our client have revealed critical shortcomings in corporate disclosure practices among the group of companies. We reviewed their corporate disclosure policy and design appropriate review procedures in order to express an opinion on the adequacy and effectiveness of the disclosure practices in the following areas: Comprehensiveness […]

Prominent Charity Engages Virtus Assure to Assess Their System of Internal Controls for Securing Funding

Virtus Assure examined one of Singapore’s prominent Charity’s financial and operational activities, including reviewing its risk management and governance practices. Virtus Assure recommended updating internal checks and policies to strengthen the system of internal controls and enhance the Charity’s governance culture. The Charity’s Executive Committee and Management concurred with Virtus Assure’s recommendations and is currently […]

Virtus Assure Successfully Performed Review Assessment of Internal Know-Your-Customer and Anti Money Laundering Procedures for Digital Asset Trading Client

Our client developed and implemented internal KYC and AML procedures to manage and effectively mitigate the money laundering and financing of terrorism for their digital asset trading business. We reviewed their internal KYC and AML policies and guidelines by designing the appropriate review procedures in order to express an opinion on the adequacy and effectiveness […]

Virtus Assure Is Proud To Be One of the Sponsors For the Young Sustainability Innovator’s Challenge: Sustainable Society

We are pleased to be one of the sponsors for an event, namely the Young Sustainability Innovator’s Challenge: Sustainable Society.  The award ceremony of this challenge will be held on 01 December 2018, Saturday. UON Singapore (a wholly-owned entity of the University of Newcastle, Australia) is organizing a Young Sustainability Innovator’s Challenge with the theme: Sustainable Society, targeting pre-university […]

The Solo Sustainability Forum on February 24th, 2018

We are pleased to announce that the Solo Sustainability Forum will be held on February 24th, 2018. Our Project Director, Professor John Lee is one of the panelist and the forum theme is “Latest Developments of Sustainability Reporting and Assurance in the Region.” Please join the event if you are interested. • Registration deadline is […]

Virtus Assure Offers Internal Audit Services to Singapore Pawnbrokers

Pursuant to The Pawnbrokers Act 2015 (“PBA”), The Registry of Pawnbrokers requires that all licensed pawnbrokers are to submit an independent audit report on their internal policies, procedures and controls (“PPCs”) to manage and effectively mitigate the money laundering and the financing of terrorism. Virtus Assure is ably qualified to act as a consultant to […]

The Elephants in the Boardroom – The Sustainability Imperative

First Published in SID Conference Book “The Sustainability Imperative” By Professor John Lee Some leading companies are pioneering best practice towards truly sustainable business models. For the majority, followers and a handful of sceptic, whilst there is some acceptance that sustainability is “good”, there remains doubts as to how, in the current capitalism, sustainability can […]

SID Directors’ Conference 2017 on September 12th, 2017

Join Us At the Conference with a Focus on Sustainability Imperative –  We are pleased to announce that Virtus Assure is participating in the upcoming SID Directors’ Conference 2017 on September 12th, 2017. The theme of this year’s conference is “Sustainability Imperative: A Muitifaceted, Mindshifting Look at Money and Meaning in the New Capitalism”. We would […]

Sustainability Reporting – Going Beyond Compliance

Effective and efficient reporting that fulfills SGX mandatory requirements By Lee Chuan Guan John Published The Business Times By fully embedding sustainability practices in their business, companies stand to reap distinct benefits. It will become mandatory for all SGX primary-listed companies to publish an annual sustainability report on a comply-or-explain basis with effect from the […]