Course Description

This module presents key highlights from ISCA’s Lunch Talk held in mid-October 2025.


Synopsis:

The Report of the Auditor-General for FY2024/2025, released on 6 September 2025, highlights key risks and lapses in public resource management. While the report focuses on public agencies, the findings carry broader lessons on governance, accountability, and fraud prevention that are equally relevant to the private sector.

This module provides an overview of AGO’s audit approach to enhance public accountability and critical audit observations from the AGO FY2024/2025 report, highlighting:  

  • Lapses in contract management and procurement - arising from lack of market price review and award of contracts to higher-priced bidders without justification
  • Weaknesses in grant administration - arising from inadequate eligibility checks and lack of conflict-of-interest declarations
  • Thematic audit insights on R&D grants - arising from lack of independence in progress report endorsements and potential conflicts of interest in payment processing

The second segment explores red flags for potential fraud, demonstrates how generative AI tools can facilitate the review of recurring lapses and systemic issues from AGO’s past reports, and provides practical guidance to enhance public financial governance.  

Watch the presentations and Q&As to gain practical insights to strengthen accountability and governance within your organisation.


Intended For:

  • Audit Professionals / PAIP
  • Public Sector Finance

 

Competency Mapping: 

  • CPE Category 3 = 1.0 CPE Hour
Instructor Image

Yoong Ee Chuan

Managing Director, RxE Integrity Advisory

Fellow Chartered Accountant (FCA), Singapore, Certified Information Systems Auditor (CISA), Certified Information Security Manager (CISM), Certified Internal Auditor (CIA), ISCA Financial Forensics Professional (ISCA(FFP)), Certified Fraud Examiner (CFE), ASEAN CPA.Former Head of Internal Audit driving internal audits covering operational, compliance and IT domains in an institution of higher learning. Leading data analytics and forensic investigations whilst supporting CET training in procurement audits, fraud risk management and internal controls. Driven enterprise wide IT Security, Governance and Cybersecurity.
Instructor Image

Chen Shian Jan

CA (Singapore); Director, Wellern International Pte Ltd

Shian Jan started his career with the Accountant-General’s Department (AGD) and was later posted to the Ministry of Finance (MOF) headquarters. He was extensively involved in various aspects of Public Financial Management during his service in the Singapore public sector. This included the administration of Government’s central accounting system, preparation of the annual Government financial statements, budgetary allocation for several ministries, and formulation of public service-wide policies, such as the Instruction Manuals on financial management and government procurement, protection of Singapore’s reserves, Budgeting for Results, and Managing for Excellence.As a trainer specializing in public governance, he has shared his experience with both Singapore participants and delegates from ASEAN, China, and other Asian and Commonwealth countries.  His training assignments have brought him to places that include Brunei, Cambodia, China, Laos, Myanmar, Pakistan and Vietnam.  Effectively bilingual, Shian Jan has also delivered many lectures and seminars in Mandarin to public officials of the Chinese government.Shian Jan graduated from the National University of Singapore and is currently a non-practising Chartered Accountant (CA) of Singapore. He also holds an Advanced Certificate in Training and Assessment (Facilitated Learning) by Singapore Workforce Skills Qualifications (WSQ) System. He is currently pursuing the WSQ Diploma in Adult and Continuing Education (DACE). Shian Jan was awarded the Commendation Medal (Pingat Kepujian), 1999 National Award. Furthermore, as an associate trainer, he received the Trainer Excellence Award 2013 from the Civil Service College.

Course Rating

Speaker's Rating

1 CPE Hour

Lesson(s)

5

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