Institute of Singapore Chartered Accountants

The Institute of Singapore Chartered Accountants (ISCA), formerly the Institute of Certified Public Accountants of Singapore, is the national professional body for accountants in Singapore. It sets out to develop, support and enhance the integrity, status and interests of the accountancy profession in Singapore.[1]

Institute of Singapore Chartered Accountants
AbbreviationISCA
FormationDecember 13, 1963 (1963-12-13)
HeadquartersSingapore
Region
Singapore
Membership
over 32,000
President
Mr Kon Yin Tong
Vice President
Ms Yvonne Chan Mei Chuen
Chief Executive
Mr Lee Fook Chiew
Websitewww.isca.org.sg
Formerly called
Singapore Society of Accountants, Institute of Certified Public Accountants of Singapore

Membership Base

Established in 1963, the professional body now has over 32,000 members.

Requirement for registration as a practising public accountant

Currently, the Singapore Public Accountants Oversight Committee (PAOC) of the Accounting and Corporate Regulatory Authority,[2] established under the Accountants Act to determine, prescribe and review the requirements to be satisfied by people seeking to be registered as public accountants in Singapore, will not register any person as a public accountant unless the person is a member of ISCA.[3]

Working with Government and Stakeholders to Transform Singapore into a Global Accountancy Hub

The Singapore Government has plans to develop Singapore into a global accountancy hub, as outlined in recommendations by the Committee to Develop the Accountancy Sector (CDAS). With the Ministry of Finance having approved CDAS' recommendations, plans are underway for ISCA to transform into a global professional accountancy body. ISCA will also be administering a post-graduate accountancy qualification programme that will connote global recognition, international portability and an “Asian market value factor”. As the accountancy sector continues to develop, ISCA will provide the support that will propel Singapore's growth as a global accountancy hub.

ISCA is a member body of the following international or regional organisations:

References
  1. "Institute of Singapore Chartered Accountants".
  2. "Public Accountants Oversight Committee". acra.gov.sg. Archived from the original on 2009-11-26. Retrieved 2009-12-07.
  3. Accountants (Public Accountants) Rules, Second Schedule, Paragraph 7
  4. www.iaiglobal.or.id. "ASEAN Federation of Accountants (AFA)". www.aseanaccountants.org.
  5. "About Institute of Certified Public Accountants of Singapore". Archived from the original on 2012-04-21. Retrieved 2012-05-01.
  6. "IFAC member organizations, December 2008" (PDF). ifac.org.
  7. "International Affiliation".
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