Course Description

This course features highlights of the ISCA Conference 2025 held on 12 November 2025.

Synopsis:

With the implementation phase of SSQM 1 and SSQM 2 now behind us, firms have moved into a critical period of proactive, iterative monitoring and remediation activities. The quality management standards have significantly strengthened the assurance landscape. Their objectives go beyond mere compliance – they promote a pre-emptive approach in managing quality, help firms adapt to evolving risks, enhance audit quality and enhance overall trust in the assurance process. In this spirit, firms should make sure that their systems of quality management (“SoQMs”) are scalable, responsive, and sustainable.

This panel discussion brings together regulator and practitioners to reflect on what firms are doing well, where gaps are observed and how firms can strengthen and refine their SoQMs. Expect practical takeaways, real-world stories and insights that firms can use to benchmark their progress.

Panel discussion highlights include:

Addressing Common Observations – Key observations from ACRA inspections, including pitfalls in designing SoQMs.
Best Practices – Success stories and strategies that have led to an effective design, implementation and operation of SoQMs.
Scalability of SoQMs - Learn how SMPs are tailoring their SoQMs to fit their size, complexity, and service offerings.
Tools and Technology for SMPs – Leverage on practical resources and technology-enabled tools that can reduce manual efforts and improve consistencies in their SoQMs.
Q&A - Discussion between the audience and the panelists.

Intended For:

Audit Professionals/ PAIP

Competency Mapping:

CPE Category 3 = 0.5 CPE Hour

Setting the Stage: Why SSQM Goes Beyond Compliance
Practical Implementation: Tools, RCA and Scaling for SMPs
Inspection Readiness: Evidence, Independence and Growth Mindset

Ng Meow Ling

CA (Singapore); Technical Director, Inspection Department, Accounting and Corporate Regulatory Authority

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Aylwin How

Deputy Chairman, ISCA Financial Reporting Committee; Member, ISCA Financial Statements Review Advisory Panel; Partner, Deloitte

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Lee Eng Kian

FCA (Singapore), Member, ISCA Council, Managing Partner, PKF-CAP LLP

In addition to being a member of the ISCA Council, Eng Kian serves as the Chairman of the ISCA Public Accountants Practice Committee (PAPC), Co-Chairman of the Voluntary Compliance Programme Panel, and a member of the Membership Committee and Artificial Intelligence for Accountancy Industry Taskforce. He was also a member of the Audit and Assurance Standards Committee (AASC), Financial Reporting Committee (FRC), and Financial Statement Review Committee (later known as the Financial Reporting Surveillance Program). Eng Kian has 30 years of experience in audit, practice management, and talent development. As the Managing Partner of PKF-CAP LLP, he has spearheaded firm-wide enhancements in audit quality, client service, and strategic growth, while also championing initiatives in risk advisory, sustainability assurance, technology adoption. His contributions extend to international platforms, where he actively collaborates with PKF Global leadership on talent and global audit initiatives. He sits as a Board member on PKF Global and is the Vice Chair of the PKF Asia Pacific Board.

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Tan Khoon Guan

(KG), CA (Singapore), Senior Advisor, Precursor Assurance LLP

Khoon Guan (“KG”) is the Founder and Senior Advisor of Precursor Assurance LLP, one of Singapore’s top 25 accounting firms. Since establishing the firm in 2006, he has guided its transformation into a trusted professional services provider known for innovation, client excellence, and forward-looking solutions. A Chartered Accountant of Singapore, Accredited Tax Practitioner, Chartered Valuer and Appraiser, and ACCA member, KG brings more than 15 years of expertise across finance, auditing, and corporate advisory.Under his leadership, Precursor has achieved multiple industry accolades, including the Innovation Award (2016) and Best Practice Award (2018) at the Singapore Accountancy Awards, as well as the Singapore Quality Class with People certification in 2020. The firm’s in-house SmartCursors platform has also been recognised for redefining accounting services through digitalisation.KG has been widely acknowledged for his contributions to the industry. He was named among Singapore Business Review’s “40 under 40 Most Influential Professionals” and featured in The Business Times’ Leaders of Transformation. In 2019, Deputy Prime Minister Heng Swee Keat recognised him as a Leader of Transformation at the Enterprise 50 Awards. He also received NTU’s Nanyang Outstanding Young Alumni Award in 2014 for his professional achievements.Beyond Precursor, KG actively shapes the future of accountancy as a speaker, advisor, and committee member. He has served on the Council of ISCA, the Singapore Accountancy Commission’s Advisory Council, and, most recently, ISCA’s Artificial Intelligence Taskforce. Today, he continues to champion innovation, professional excellence, and sustainable growth within Singapore’s accounting landscape.

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