Latest news with #InstituteofSingaporeCharteredAccountants
Associated Press
08-07-2025
- Business
- Associated Press
ISCA and SHICPA Sign MOU to Strengthen Support for Accountancy Professionals and Firms in Shanghai
SINGAPORE - Media OutReach Newswire - 8 July 2025 - The Institute of Singapore Chartered Accountants (ISCA) and the Shanghai Institute of Certified Public Accountants (SHICPA) have signed a Memorandum of Understanding (MOU) today to advance the international development of the accountancy profession and foster deeper collaboration between the accounting communities of Singapore and China. Through this collaboration, ISCA and SHICPA aim to promote the development of the accounting profession in Shanghai and Singapore, with a strong focus on professional competencies of accounting professionals and international business practices. As part of efforts to build a robust pipeline of globally attuned professionals equipped to meet the evolving demands of today's dynamic business landscape, both institutes will jointly organise a delegation of more than 20 accounting practitioners from Shanghai to participate in the 'Singapore Intensive Training Programme', conducted by ISCA in Singapore. The programme aims to: The MOU is part of ISCA's broader efforts to further its global footprint and collaborations with other professional accountancy bodies and universities worldwide. Earlier this year, ISCA signed MOUs with Xi'an Jiaotong-Liverpool University and Nanjing University of Finance & Economics. This partnership with SHICPA marks a significant step in deepening mutual cooperation and knowledge exchange between Singapore and China – two important hubs in the global financial landscape. The MOU was signed today by Ms Judy Ng, Vice President of ISCA, and Mr Fang Yifeng, Vice President of SHICPA, during an official delegation visit by SHICPA to Singapore. Ms Judy Ng, Vice-President of ISCA, said: 'This collaboration with SHICPA reflects ISCA's ongoing commitment to raising professional standards and strengthening global ties within the accountancy profession. By sharing knowledge and expertise across borders, we not only support the development of individual professionals, but also contribute to the resilience and competitiveness of our firms and economies.' Mr Fang Yifeng, Vice-President of SHICPA, said: 'We are pleased to partner with ISCA to offer our members the opportunity to gain global perspectives and practical insights in Singapore. This programme represents a meaningful step in strengthening people-to-people ties and fostering professional exchange between Shanghai and Singapore, which are both important financial centres in the region.' Hashtag: #ISCA #Accountancy #Accounting #DifferenceMakers #MOU The issuer is solely responsible for the content of this announcement. Institute of Singapore Chartered Accountants (ISCA) The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore with over 39,000 ISCA members making their stride in businesses across industries in Singapore and around the world. ISCA members can be found in over 40 countries and members based out of Singapore are supported through 12 overseas chapters in 10 countries. Established in 1963, ISCA is an advocate of the interests of the profession. Complementing its global mindset with Asian insights, ISCA leverages its regional expertise, knowledge, and networks with diverse stakeholders to contribute towards the advancement of the accountancy profession. ISCA administers the Singapore Chartered Accountant Qualification programme and is the Designated Entity to confer the Chartered Accountant of Singapore – CA (Singapore) – designation. ISCA is a member of Chartered Accountants Worldwide, a global family that brings together the members of leading institutes to create a community of over 1.8 million Chartered Accountants and students in more than 190 countries. For more information, visit
The Sun
08-07-2025
- Business
- The Sun
ISCA and SHICPA Sign MOU to Strengthen Support for Accountancy Professionals and Firms in Shanghai
SINGAPORE - Media OutReach Newswire - 8 July 2025 - The Institute of Singapore Chartered Accountants (ISCA) and the Shanghai Institute of Certified Public Accountants (SHICPA) have signed a Memorandum of Understanding (MOU) today to advance the international development of the accountancy profession and foster deeper collaboration between the accounting communities of Singapore and China. Through this collaboration, ISCA and SHICPA aim to promote the development of the accounting profession in Shanghai and Singapore, with a strong focus on professional competencies of accounting professionals and international business practices. As part of efforts to build a robust pipeline of globally attuned professionals equipped to meet the evolving demands of today's dynamic business landscape, both institutes will jointly organise a delegation of more than 20 accounting practitioners from Shanghai to participate in the 'Singapore Intensive Training Programme', conducted by ISCA in Singapore. The programme aims to: --> Enhance the professional competencies and global perspectives of participating accounting professionals --> Promote financial and accounting sector exchanges between Singapore and China --> Encourage cultural integration and the development of soft skills --> Support cross-border investment cooperation and contribute to global sustainable development goals The MOU is part of ISCA's broader efforts to further its global footprint and collaborations with other professional accountancy bodies and universities worldwide. Earlier this year, ISCA signed MOUs with Xi'an Jiaotong-Liverpool University and Nanjing University of Finance & Economics. This partnership with SHICPA marks a significant step in deepening mutual cooperation and knowledge exchange between Singapore and China – two important hubs in the global financial landscape. The MOU was signed today by Ms Judy Ng, Vice President of ISCA, and Mr Fang Yifeng, Vice President of SHICPA, during an official delegation visit by SHICPA to Singapore. Ms Judy Ng, Vice-President of ISCA, said: 'This collaboration with SHICPA reflects ISCA's ongoing commitment to raising professional standards and strengthening global ties within the accountancy profession. By sharing knowledge and expertise across borders, we not only support the development of individual professionals, but also contribute to the resilience and competitiveness of our firms and economies.' Mr Fang Yifeng, Vice-President of SHICPA, said: 'We are pleased to partner with ISCA to offer our members the opportunity to gain global perspectives and practical insights in Singapore. This programme represents a meaningful step in strengthening people-to-people ties and fostering professional exchange between Shanghai and Singapore, which are both important financial centres in the region.' Institute of Singapore Chartered Accountants (ISCA) The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore with over 39,000 ISCA members making their stride in businesses across industries in Singapore and around the world. ISCA members can be found in over 40 countries and members based out of Singapore are supported through 12 overseas chapters in 10 countries. Established in 1963, ISCA is an advocate of the interests of the profession. Complementing its global mindset with Asian insights, ISCA leverages its regional expertise, knowledge, and networks with diverse stakeholders to contribute towards the advancement of the accountancy profession. ISCA administers the Singapore Chartered Accountant Qualification programme and is the Designated Entity to confer the Chartered Accountant of Singapore – CA (Singapore) – designation. ISCA is a member of Chartered Accountants Worldwide, a global family that brings together the members of leading institutes to create a community of over 1.8 million Chartered Accountants and students in more than 190 countries.
Yahoo
17-05-2025
- Business
- Yahoo
ISCA announces new council members and performance highlights
The Institute of Singapore Chartered Accountants (ISCA) has revealed the election of four new members, the re-election of four current incumbents, and the appointment of two additional members to its council. This council is the governing body of ISCA tasked with making 'major' policy decisions and overseeing governance and membership matters within the institute. The newly-elected, re-elected and newly appointed council members are set to serve for a two-year term until 2027. Among the newly elected members are Ang Suat Ching, chief financial officer, Resorts World at Sentosa; Chin Chee Choon, audit and assurance partner, head of business development and Marcomm, Forvis Mazars Singapore; Lee Eng Kian, managing partner, PKF-CAP; Gajendran, assurance partner and professional practice director, EY. The re-elected members to the council are Lo Mun Wai, audit partner, KPMG; Judy Ng, group financial controller, DBS Bank; Cyndi Pei, chief financial officer, Digital InfraCo Singapore Telecommunications Limited (Singtel); Song Yeow Chung, chief financial officer, Old Chang Kee. The two new members appointed to the council are Esther Wee, accountant-general and chief of Government Finance, Accountant-General's Department (AGD); and Tan Boon Gin, chief executive officer, Singapore Exchange Regulation, SGX Group. During the annual general meeting (AGM), ISCA shared several updates from the past year. The Institute took over the administration of the Singapore Chartered Accountant Qualification (SCAQ) programme, resulting in a 47% increase in enrolments, it stated. It also maintained a 98.3% membership retention rate in 2024, the 'highest' in ten years, and ended the year with a $5.3m surplus, boosting its reserves to $113.8m. ISCA said it has kept membership fees stable for the eighth year in a row and expanded its global presence with 12 overseas chapters in nine countries along with four ISCA offices overseas. Looking ahead to 2025, ISCA stated that it plans to invest up to $7m in enhancing the SCAQ and furthering international growth. It also intends to acquire a second property valued at approximately $55m to strengthen its financial position. ISCA president Teo Ser Luck said, 'At this exciting time of strong growth and great potential for ISCA, I'm pleased that our valued members have elected a capable and experienced Council to lead us forward. The Council members bring with them many years of experience from a wide range of industries and sectors — including the public sector, accounting firms, listed companies, and more. Their diverse backgrounds will bring fresh ideas and new perspectives to help advance both ISCA and the accounting profession. Together with the Institute's senior management, we look forward to exploring new opportunities and making 2025 a year of meaningful progress, with new initiatives and key developments for ISCA. At the same time, we remain committed to supporting our members and delivering lasting value." In March 2025, the ISCA launched the SCAQ Career Mobility Programme (CMP) to facilitate cross-border work opportunities for accountants. "ISCA announces new council members and performance highlights" was originally created and published by The Accountant, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-04-2025
- Business
- Yahoo
HELP University and ISCA collaborate
HELP University, a private university in Malaysia, and the Institute of Singapore Chartered Accountants (ISCA) have teamed up to provide new educational opportunities for students pursuing accounting careers. As a partner of ISCA in Malaysia, HELP University will work to align its academic offerings with professional standards through this collaboration. The agreement was signed by HELP University vice chancellor Dr Liew Teik Kooi and ISCA CEO Fann Kor with accounting and industry professionals present. The partnership includes recognising ISCA qualifications within HELP University's Bachelor in Accounting programme and developing specialised training and a Level Zero Programme. It also involves introducing the ISCA Accountify Subscription Package and exploring joint certifications and bursaries for high-performing accounting students. Discussions are underway to establish HELP University as an ISCA recognised learning organisation and an overseas examination centre in Malaysia. The agreement also covers prospects for professional internships, job placements, and research on ESG compliance and regulatory governance. In March 2025, ISCA launched the Singapore Chartered Accountant Qualification Career Mobility Programme (CMP), designed to create cross-border work opportunities and foster cross-cultural learning and overseas work experience. The CMP is set to start with a pilot in Vietnam and may expand to additional countries by the second quarter of 2025. ISCA is the national accountancy body of Singapore, with more 39,000 members spread across more than 40 countries and are supported through 12 overseas chapters in ten countries. "HELP University and ISCA collaborate" was originally created and published by The Accountant, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Associated Press
28-02-2025
- Business
- Associated Press
ISCA launches first Professional Services Centre in Johor Bahru in partnership with ASME, IVAS, LawSoc, SMF, and Tax Academy of Singapore, to support growth of businesses in JS-SEZ
SINGAPORE - Media OutReach Newswire - 28 February 2025 - The Institute of Singapore Chartered Accountants (ISCA) has officially launched its first Professional Services Centre in Johor Bahru (JB), which is strategically located within the Johor-Singapore Special Economic Zone (JS-SEZ). As part of plans to expand its regional footprint, ISCA hopes to tap on the potential growth opportunities within the JS-SEZ, and to contribute to the growing economic ties between Singapore and Malaysia. ISCA's Professional Services (PS) Centre in Johor Bahru is the first of 10 such centres that ISCA will be launching across major cities around the world by June 2025, to support the growth of businesses in their respective countries. These centres mark a new joint partnership between ISCA and the following organisations, which are part of ISCA's Professional Accountancy Hub: Association of Small & Medium Enterprises (ASME) Institute of Valuers and Appraisers, Singapore (IVAS) Law Society of Singapore Singapore Manufacturing Foundation (SMF) Tax Academy of Singapore ISCA's PS Centre in Johor Bahru will serve as a conduit to promote the expansion and availability of professional services such as accounting, sustainability, legal, business valuation, taxation and other corporate services, to meet the needs of Singaporean businesses seeking to expand in Malaysia and vice versa. In addition, it will help to foster cross-border partnerships, and drive the development of accountancy talent in both countries. This is done in anticipation of the future growth of businesses in the JS-SEZ, as more entities tap on the collective resources and collaborative environment within the Zone to expand operations. ISCA expects a considerable increase in demand for professional services and accountancy firms to meet these needs and navigate evolving regulations from a growing pool of clients, particularly in areas such as corporate set-up, cross-border taxation, business expansion advisory, sustainability standards and adoption of technologies. Recognising the growing need for professional services, the Malaysian government recently announced a target to train 60,000 professional accountants by 2030. The JS-SEZ will create even more demand for professional accountants. In alignment with this vision, ISCA will be forming partnerships with local universities based in Malaysia (Sunway TES College, University of Reading Malaysia, and the University of Southampton Malaysia) to create dedicated pathways for their students to pursue the Singapore Chartered Accountant Qualification (SCAQ), though provisions of resources, learning support as well as scholarships. 'ISCA is committed to supporting the growth of the Johor-Singapore Special Economic Zone,' said Mr Teo Ser Luck, President of ISCA. 'Our Professional Services Centre in Johor Bahru and our partnerships with universities in Malaysia aim to ensure that businesses across both countries prosper, and that a steady supply of skilled accountants will be available to support the Zone's development. We also look forward to facilitating regional interaction between Malaysian and Singaporean professional services firms, fostering knowledge sharing and mutually beneficial relationships.' 'By leveraging Singapore's expertise in family offices and sustainability, ISCA's new business centre in Johor Bahru will provide their members and Malaysian SMPs with the tools and knowledge they need to adapt and excel in an increasingly interconnected world. Together, the joint expertise and resources of the accounting fraternity from both countries will surely be an important support to the development of the JS-SEZ,' said Mr Wong Wen Tak, CEO of Grant Thornton Malaysia - Johor Office. For more information on the quotes from ISCA Professional Services Centre Partner Organisations, please refer to the Annex via our website. Hashtag: #ISCA The issuer is solely responsible for the content of this announcement. Institute of Singapore Chartered Accountants The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore with over 39,000 ISCA members making their stride in businesses across industries in Singapore and around the world. ISCA members can be found in over 40 countries and members based out of Singapore are supported through 12 overseas chapters in 10 countries. Established in 1963, ISCA is an advocate of the interests of the profession. Complementing its global mindset with Asian insights, ISCA leverages its regional expertise, knowledge, and networks with diverse stakeholders to contribute towards the advancement of the accountancy profession. ISCA administers the Singapore Chartered Accountant Qualification programme and is the Designated Entity to confer the Chartered Accountant of Singapore – CA (Singapore) – designation. ISCA is a member of Chartered Accountants Worldwide, a global family that brings together the members of leading institutes to create a community of over 1.8 million Chartered Accountants and students in more than 190 countries.
