The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore. It was established in 1963 and has over 33,000 members.
Registration of public accountant
Currently, the Singapore Public Accountants Oversight Committee (PAOC) of the
Accounting and Corporate Regulatory Authority
The Accounting and Corporate Regulatory Authority (ACRA) is a statutory board under the Ministry of Finance of the Government of Singapore. ACRA is the regulator of business registration, financial reporting, public accountants and corporate ser ...
, 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.
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 shall also be administering a post-graduate accountancy qualification programme that shall connote global recognition, international portability and an “Asian market value factor”. As the accountancy sector continues to develop, ISCA shall provide the support that will propel Singapore's growth as a global accountancy hub.
International Links
ISCA is a member body of the following international or regional organisations:
*
Asean
ASEAN ( , ), officially the Association of Southeast Asian Nations, is a political and economic union of 10 member states in Southeast Asia, which promotes intergovernmental cooperation and facilitates economic, political, security, milita ...
Federation of Accountants (AFA)
* Asia Oceania Tax Consultants' Association (AOTCA)
* INSOL International (International Association of Restructuring, Insolvency & Bankruptcy Professionals)
*
International Accounting Standards Board
The International Accounting Standards Board (IASB) is the independent accounting standard-setting body of the IFRS Foundation.
The IASB was founded on April 1, 2001, as the successor to the International Accounting Standards Committee (IASC). It ...
(IASB)
*
International Federation of Accountants
The International Federation of Accountants (IFAC) is the global advocacy organization for the accountancy profession; mainly for the financial accounting and auditing professions. Founded in 1977, IFAC has more than 175 members and associates i ...
(IFAC)
* Chartered Accountants Worldwide
* International Innovation Network
* INSOL International
References
{{DEFAULTSORT:Institute Of Singapore Chartered Accountants
Professional associations based in Singapore
1963 establishments in Singapore
Member bodies of the International Federation of Accountants