Institute of Singapore Chartered Accountants

Institute of Singapore Chartered Accountants

Abbreviation	ISCA
Formation	December 13, 1963 (1963-12-13)
Headquarters	Singapore,  Singapore
Region served	Singapore
Membership	over 28,000
Member's designations	CA Singapore
President	Mr Gerard Ee
Vice President	Mr R. Dhinakaran
Governing body	Council
IFAC member since	October 7, 1977
Website	www.isca.org.sg
Former name	Singapore Society of Accountants, Institute of Certified Public Accountants of Singapore

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]

Membership Base

Established in 1963, the professional body now has over 28,000 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. ICPAS 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.

International Links

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

• Asean Federation of Accountants (AFA) ^[4]
• Asia Oceania Tax Consultants' Association (AOTCA) ^[5]
• INSOL International (International Association of Restructuring, Insolvency & Bankruptcy Professionals)
• International Accounting Standards Board (IASB)
• International Federation of Accountants (IFAC)^[6]

References