Most Recent Articles
Accredited CPD Activities now available in March 2016
Reading Time: 20 minutes To our learned friends in the law profession, the deadline is coming up to reapply for your practising certificate for practice year 2016/2017. And it goes without saying that there are a required number of CPD points that you need under your belt in order to make that application. So for those of you […]
Making legal claims for medical malpractice
Reading Time: 3 minutesSince a medical practitioner is expected to improve your condition, you, as a patient, have the right to take legal action against a doctor, or nurse, if your condition worsens or a new one develops as a result of their negligence or malpractice. Your insurance would generally only cover future medical costs that resulted from […]
Your Workplace Rights in Australia
Reading Time: 2 minutesBreach of Workplace Rights The majority of workplaces in Australia are covered by the Fair Work Act 2009. As a full- or part-time employee in Australia, you have rights that cannot be breached. As an employer in Australia, you have a duty to uphold the law and make sure you are providing a workplace that is in […]
Legal Update: STAY OF ARBITRAL PROCEEDINGS UNDER SECTION 10(9)(A) OF THE INTERNATIONAL ARBITRATION ACT – AYY V. AYZ AND ANOR [2015] SGHCR 22
Reading Time: 3 minutesThis Legal Update comes courtesy of Joseph Tan Jude Benny LLP. A full-service law firm, JTJB provides a wide spectrum of legal services ranging from Commercial Dispute Resolution, Corporate Law, Insurance and Personal Injury, Real Estate and Conveyancing and is particularly known for its Maritime & Shipping expertise. JTJB LEGAL UPDATE – January 2016 Pursuant […]
Qualities That Make a Great Accountant
Reading Time: 3 minutesA good accountant might be excellent at crunching numbers but a great accountant has far wider range of skills. Of course, you want a person who will manage books, accounts, payroll and taxes efficiently but, when hiring a financial and business partner for your company, you also want someone that you can trust completely, can […]
A Primer on Double-entry Bookkeeping
Reading Time: 3 minutesThe idea of double-entry bookkeeping sounds confusing, doesn’t it? Many people are confused by the concept of double-entry accounting systems though it is one of the most standard of accounting practices. You might think that the easiest way of keeping track of your accounts is to simply make a single recording of every transaction made […]
How to Read a Financial Statement
Reading Time: 3 minutesWhether you are an investor, employee, board member or owner of your own SME, knowing how to read a financial statement is a skill you will need to call upon if you want to make informed decisions regarding spending, investing and more. Sure, you might rather leave the interpretation of financial documents to your accountant […]
Conveyancing – What is it?
Reading Time: 3 minutesWhat is conveyancing? Simply said, conveyancing relates to the legal process of transferring the right of ownership of a property from one person, or entity, to another. However, this process can be greatly varied due to the different types of properties available and laws governing the process in each instance. Different buyers and sellers, with […]
Fraud Auditing, Investigation and Forensic Accounting
Reading Time: 4 minutesAnyone who has read the autobiography of Frank Abagnale, “Catch Me if You Can” (also adapted into a film starring Leonardo DiCaprio and Tom Hanks) would be surprised by the ease conmen find weaknesses in controlled processes. By the tender age of 21, Frank Abagnale had already defrauded banks of 2.5 million via bad cheques […]
Curveball Series: Receiving a Death Threat or Being Stalked
Reading Time: 3 minutesThe Internet is a many splendored thing. The ways it helps reduce the distance between friends and family members who may not live in the same city or even country would have been unthought of in a previous century. Unfortunately, as such great things tend to be, the Internet is also a double edge sword. […]
Curveball Series: Sudden Death of Key Man
Reading Time: 3 minutesImagine if your business suddenly lost its founder, CEO, CFO or top-grossing salesperson due to their sudden death. A sad and pretty devastating idea, isn’t it? The passing of an important figure within a small or medium enterprise (SME) can be especially debilitating. It might be the kind of thing that keeps you up at […]
Accountants and Early-stage Startups
Reading Time: 4 minutesIt is common for early-stage startups to put off hiring an accountant, either because they think they don’t need one or because they think they can’t afford one. In some cases, the idea of retaining an accountant is not even on the radar of early-stage founders yet. While it might seem too soon to some, […]
Personal
SMU Lexicon: A Non-parent’s Maintenance Obligation
Reading Time: 7 minutesIntroduction Imagine you marry someone with a child from a prior relationship. Initially, you do not mind caring for this child. Then, your marriage sours and you no longer want anything to do with your spouse or the child. However, can your initial conduct of caring for the child unknowingly saddle you with a legal […]
Business
Singapore’s latest push as a restructuring and insolvency hub – Amendments to SICC rules
Reading Time: 3 minutesSingapore has earned a budding reputation as a hub for debt restructuring and insolvency in Asia, with its transparent legal system and judicial expertise. This growth can also be attributed to enduring efforts to innovate and reform. To enhance Singapore as a forum of choice in international restructuring and insolvency proceedings, the Rules of Court […]