Just concluded a highly engaging live webinar with the Institute of Singapore Chartered Accountants (ISCA) on “Conflicts of Interest and Related Parties – Why Does It Matter?” on 7 April 2026.
This session brought together professionals across accounting, audit, governance, and risk to unpack an issue that is often underestimated—yet sits at the heart of ethical decision-making and organisational integrity.
We explored:
🔍 What conflicts of interest (COI) really look like in practice—not just in theory
⚖️ Legal and regulatory expectations, including Singapore’s Companies Act and listing rules
🧭 The role of governance, risk management, and compliance (GRC) in managing COI
📊 Real-world scenarios across procurement, financial management, and related party transactions
🚨 Lessons from audit observations and failures—and how they could have been prevented
🛠️ Practical tools and controls to detect, prevent, and manage COI risks
One key takeaway:
Conflicts of interest are not always about wrongdoing—they are about transparency, judgment, and trust. Left unmanaged, they can quickly escalate into fraud, reputational damage, and governance failures.
Appreciate the active participation and insightful discussions from the attendees—it’s always encouraging to see professionals deeply engaged on topics that strengthen organisational integrity.
Looking forward to continuing these conversations and helping organisations build stronger, more resilient governance frameworks.
by admin
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