Practice Oversight: Ong Boon Lee (2021)

The order restricts audit and financial statement reporting for non-dormant public companies, non-exempt private companies and exempt private companies with revenue above S$10 million for 6 months, from 31 March 2021 to 30 September 2021. The order restricts audit and financial statement reporting for all public-interest entities for 24 months, from 31 March 2021 to 30 March 2023. The public-interest-entity term also allows the specified earlier endpoint after notification of passing the next practice review.