The Accounting profession in Singapore

Cover of: The Accounting profession in Singapore |

Published by AICPA, American Institute of Certified Public Accountants in New York .

Written in English

Read online


  • Accounting -- Singapore.,
  • Accountants -- Legal status, laws, etc. -- Singapore.

Edition Notes

Includes bibliographical references (p. 87).

Book details

Statementprepared by David Tong & Company ; in association with Fawzi Laswad, Herbert P. Schoch, David Tong.
SeriesProfessional accounting in foreign countries series, Professional accounting in foreign countries series
ContributionsLaswad, Fawzi., David Tong & Company., American Institute of Certified Public Accountants.
The Physical Object
Paginationvi, 87 p. ;
Number of Pages87
ID Numbers
Open LibraryOL19699703M
ISBN 100870511386

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The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore. ISCA’s vision is to be a globally recognised professional accountancy body, bringing value to our members, the profession and wider community.

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The accountancy profession promotes, develops and supports accountants worldwide. Their role is crucial in protecting the quality and integrity of accountants who are. Many accountants engage in the practice of public accounting, which involves providing audit, tax, and consulting services to the general public.

To engage in the practice of public accounting usually requires one to be licensed. In the United States, individual states issue a license called a Certified Public Accountant (CPA). Other countries offer similar designations such as the “Chartered Accountant.”.

In Singapore, the Singapore Accountancy Commission, established under the Singapore Accountancy Act, is a statutory body of the Singapore government that oversees the strategic direction and promotion of the accountancy sector while the Accounting Corporate Regulatory Authority (ACRA), established by the Accounting and Corporate Regulatory Authority Act, is responsible for regulating public.

The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore. ISCA’s vision is to be a globally recognised professional accountancy body, bringing value to our members, the profession and wider community. ISCA is a Member of Chartered Accountants Worldwide.

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That language has gone through many changes throughout the ages. Accounting became a more commoditized profession because of technology, forever altering the dynamics between accountants and business owners. Unfortunately, accounting firms didn’t get the : Michael Burdick. In Singapore, both the Accounting and Corporate Regulatory Authority (ACRA) and the ISCA are responsible for establishing ethical requirements for professional accountants.

Under the Accounting and Corporate Regulatory Authority Act, ACRA is responsible for setting ethical requirements for public accountants and its Code is aligned with the.

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The accounting profession was recognized in with the establishment of the professional title of certified public accountant (CPA).

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(b) if the book-keeper is an accountant, an accounting firm, an accounting corporation or an accounting LLP, may be served on the book-keeper by sending the notice by registered post to the address of the book-keeper provided to the Council in relation to an application under rule 11A or appearing in the Register of Public Accountants, Register.

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 BaseHeadquarters: Singapore. Accountants, unlike bookkeepers, are also eligible to acquire additional professional certifications.

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