Pathways To Recognition

Pathways To Recognition

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In 2015, we expanded the pathways to recognition, propelling members’ career trajectory and easing their passage to places beyond Singapore.

Passport to excel
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Widening accountancy talent pipeline with more pathways

To further strengthen the profession, we have created more pathways for individuals to enter the accountancy profession. This is in line with the SkillsFuture national movement to provide Singaporeans with the opportunities to develop to their fullest potential throughout life, regardless of their starting points.

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In 2016, we will have an Affiliate membership class that enables non-graduates to be ISCA members, providing them with professional support and recognition. The Affiliate membership is for accounting technicians who are able to perform a wide variety of accounting and financial roles, including accounts preparation, budgeting, payroll administration and tax returns. With this new membership class, we aim to professionalise the accounting technician segment, and provide them with support in continuing professional development.

To address the skills shortage and increasing demand for entry to mid-level accounting professionals, we have signed an MOU with the Association of Accounting Technicians in the UK to offer the ISCA AAT Diploma. The ISCA AAT Diploma is a flexible, skills-based programme for accounting technicians and is designed to meet the demands of the workplace. Upon completion of the programme as well as one year’s relevant work experience, the ISCA AAT students will attain the Accredited Accounting Technician (Singapore) designation and be eligible for Affiliate ISCA membership.

In November 2015, the Association of Accounting Technicians also held its inaugural Roundtable discussion in Singapore. It was attended by representatives of professional accountancy bodies from around the globe, including ISCA CEO Lee Fook Chiew. The participants had a lively discussion about the role of accounting technicians and their professional development needs in light of the changing business landscape.

Expanded membership criteria for Associate membership, to include foreign graduates

We will add to the diversity as well as breadth of our talent pool by allowing accountancy graduates of foreign universities to become Associate members. Previously, only graduates of local universities, those who have completed the ISCA Professional Examination, or those with recognised accounting qualifications were eligible for Associate membership.

Nurturing symbiotic relationships

As we cruise into 2016 and further, we have onboard an efficient crew of diverse abilities. The accountancy profession, too, requires people of different skill sets to support various functions in its ecosystem. Creating more pathways contribute towards building a sustainable talent pipeline while simultaneously adding vibrancy to the profession.