In modern commercial aviation, cooperation between the aircrew, passengers, ground handlers, airport operators, engineers and other stakeholders is key to ensuring the aircraft reaches its destination safely and on schedule.
In the same way, the strong synergy and shared values between ISCA and its stakeholders—members, industry partners and government bodies—power the Institute's initiatives to further develop the accountancy profession. These strategic ties pave the way for members to achieve professional growth, and provide various industries access to a rich talent pool.
ISCA supports more than 32,000 members who work as professional accountants in practice or professional accountants in business. The CA (Singapore) designation is recognised as a mark of excellence for accounting professionals and places our members a notch above the rest. ISCA’s status as a full member of Chartered Accountants Worldwide means CA (Singapore) members enjoy heightened professional recognition internationally via the Chartered Accountants Worldwide network.
The Institute also collaborates with industry partners to provide members with pathways to greater professional recognition in specialised fields. One such initiative is the launch of the first FFA Qualification in Southeast Asia, which enables existing and aspiring financial forensic professionals to further their professional development. ISCA will continue to roll out more specialisation pathways and internationally recognised credentials beyond accounting and auditing for our members to acquire new skills and qualifications.
We support our members through the different stages of their professional journey. By equipping them with future-ready skills, we enable them to be the preferred choice among employers.
Through the years, we have forged relationships with global and regional organisations as we work towards the common goal of advancing the profession. We are a longstanding member of ASEAN Federation of Accountants (AFA), which represents the accountancy profession in the region. We also partner Temasek Foundation International on initiatives to develop the profession in ASEAN.
Globally, we have strategic partnerships with agencies such as International Federation of Accountants (IFAC), IASB, United Nations Conference on Trade and Development (UNCTAD), and the World Bank. We also partner with other professional bodies, business organisations and academic institutions on projects that advance the profession.
In 2017, ISCA became the first professional accountancy body in Asia and the only body other than the global body’s founding members to be a full member of Chartered Accountants Worldwide. This milestone further solidifies ISCA’s position as the national accountancy body, and raises the Institute’s international standing and prominence.
As the national accountancy body, ISCA collaborates with various government agencies. These include the Monetary Authority of Singapore, Ministry of Finance, SAC, Accounting Standards Council (ASC), ACRA, SPRING and Workforce Singapore. ISCA also engages in regular dialogue sessions with government bodies to represent the profession’s interests and discuss issues relating to the profession.