OUR KEY STAKEHOLDERS

Deeper engagement with international partners and the global accountancy community helps solidify ISCA’s reputation as a world class accountancy body and raises our international standing and prominence. ISCA is a member of:

  • ASEAN Federation of Accountants
  • Chartered Accountants Worldwide
  • Jeju Group (comprising ISCA, Japanese Institute of Certified Public Accountants and Korean Institute of Certified Public Accountants)
  • International Federation of Accountants

Organisations that ISCA engages with include:

  • International Accounting Standards Board
  • International Auditing and Assurance Standards Board
  • International Ethics Standards Board for Accountants
  • United Nations Conference on Trade and Development – International Standards of Accounting and Reporting

We count more than 33,000 accountancy professionals as our members. As a membership organisation, we are focused on empowering members to achieve their professional aspirations. In addition, our engagement with key stakeholders as well as our advocacy for the profession contribute towards the enhancement of the eco-system. This benefits our members and the profession. Our members are at the heart of what we do and we will continue to focus on delivering value to them.

We work closely with the professional services firms in Singapore to advance the development of the profession. In addition to the Big Four firms, we support the mid-tier and SMPs sectors through programmes that enhance audit quality, accelerate digitalisation, uphold technical excellence and provide opportunities for growth.

The Institute works with government agencies to spearhead initiatives that contribute to the development of the accountancy profession. We also conduct regular exchange sessions with government agencies to advocate and represent the profession’s interests as well as discuss issues relating to the accountancy profession. Government bodies that we engage with include:

  • Accountant-General’s Department
  • Accounting and Corporate Regulatory Authority
  • Accounting Standards Council
  • Auditor-General’s Office
  • Corrupt Practices Investigation Bureau
  • Enterprise Singapore
  • Family Justice Courts
  • Infocomm Media Development Authority
  • Inland Revenue Authority of Singapore
  • Ministry of Culture, Community and Youth
  • Ministry of Finance
  • Ministry of Manpower
  • Ministry of Trade and Industry
  • Monetary Authority of Singapore
  • Professional Services Programme Office
  • Singapore Accountancy Commission
  • Singapore Police Force
  • SkillsFuture Singapore
  • Workforce Singapore

ISCA engages with other professional bodies to represent the profession’s interests and discuss issues pertaining to the accountancy profession. Through cooperation with fellow professional bodies, ISCA aims to strengthen and shape the development of the accountancy profession. Fellow professional bodies include:

  • Association of Chartered Certified Accountants
  • Chartered Institute of Management Accountants
  • CPA Australia
  • Institute of Internal Auditors Singapore
  • Institute of Management Accountants
  • Institution of Engineers Singapore
  • Singapore Chartered Tax Professionals
  • The Law Society of Singapore

ISCA engages with Trade Associations and Chambers (TACs) and other organisations to advocate common interests and explore mutually-beneficial collaborations. Through identifying synergies and joining forces with other TACs, ISCA is better able to support the development of the accountancy profession. Some TACs and other organisations that we have engaged with include:

  • Association of Small and Medium Enterprises
  • e2i
  • Singapore Business Federation
  • Singapore Institute of Directors
  • The Association of Banks in Singapore