Accounting Technicians are qualified accounting professionals who are able to perform a wide variety of accounting and financial roles such as:
- Auditing and Assurance
- Accounts Preparation
- Costing and Credit Control
- Payroll Administration and Tax Returns
The ISCA Accredited Accounting Technician is launched in partnership with AAT (Association of Accounting Technicians). AAT is the world’s leading professional membership body dedicated to the education and development of accounting technicians with over 140,000 members globally, including 80,000 students who train with them annually.
AAT’s internationally recognised accounting qualifications deliver the practical skills accounting technicians need to perform various accounting roles. AAT qualified staff are recognised by employers worldwide.
The AAT Accounting Qualification was present in Singapore in the 1990s but with changes in the UK regulatory environment the qualification became UK-based. However, with the admission of AAT to the International Federation of Accountants and the increasing demand for accounting technicians globally, AAT has launched its global development strategy. This includes working in partnership with bodies such as ISCA to both provide competent accounting and finance staff and professionalise this level, to support senior levels of the profession.
Will ISCA Accredited Accounting Technician costs qualify as training expenditure for enhanced tax deduction under Productivity and Innovation Credit?
If an employer reimburses his/her staff for ISCA Accredited Accounting Technician costs, then he/she should be able to claim the assessment fees/tuition fees for costs incurred on external training course which was explained at this link:
Allowable Training Costs for External Training
- Training fees paid to the external training provider qualify for the enhanced deduction under PIC, including registration or enrollment fees, examination fees, tuition fees and aptitude test fees. It does not matter whether the course or seminar is held in Singapore or overseas;
- Rental expenses for external training premises, meal and refreshments provided during the courses, training materials and stationery separately incurred; and
- Expenses such as hotel accommodation, travelling (e.g. air fare) and transportation expenditure incurred by your business for the external trainer.
Employers can enjoy deduction/allowances at 400% of the qualifying expenditure subject to the expenditure cap per year.
Funding support for the ISCA Accredited Accounting Technician qualification is as follows:
- SkillsFuture Credit (for Individuals)
The SkillsFuture Credit is applicable for selected modules. All Singaporeans aged 25 and above will receive an opening credit of S$500 from January 2016. The credit will not expire and the government will provide periodic top-ups.
- Union Training Assistance Programme (UTAP) Funding (for Individuals)
UTAP is applicable for NTUC members to defray their cost of training. NTUC members enjoy 50% unfunded course fee for up to $250 each year.
- Training Grant (for Employers)
The Training Grant is applicable for selected modules. Employer is required to submit an application to SkillsFuture Singapore (SSG). The employer has to submit claim for training grant after the staff has completed the module.
The qualification is made up of 3 levels (namely Foundation, Advanced and Professional levels), comprising 16 modules.
Topics included within the modules provide coverage over the following core technical areas:
- Financial Accounting and Reporting
- Governance and Internal Control
- Information Technology and Accounting Systems
- Management Accounting
- Principles of Audit and Assurance
- Singapore Law and Tax
Please click here for more information on the qualification structure and syllabuses.
Students are able to enter the ISCA Accredited Accounting Technician at different levels, depending on prior education background, knowledge and experience. This means the time taken to complete the qualification will vary. A student will take about 24 months to complete the whole qualification (all three levels) - 6 months for Foundation level, 6 months for Advanced level and 12 months for Professional level.
- Tailor made qualification built for modern workplace
- Attracting and retaining the best talent
- Delivery of practical skills that make a difference
- Flexibility to complete the qualification with minimal disruption to work
- Competitive edge for your business
Please click here for more information on the benefits of ISCA Accredited Accounting Technician to employers.
- Achieve a Professional Qualification
- Real World Accounting Knowledge
- Not Just a Qualification, It’s a Career
- Flexible Training that Works Around Your Life
- Exclusive Pathway to Professional Memberships
Please click here for more information on the benefits of ISCA Accredited Accounting Technician to students.
The estimated cost is $2,279, excluding tuition and other related fees. Please click here for the breakdown of fees for the ISCA Accredited Accounting Technician qualification.
I am only interested in certain modules in the ISCA Accredited Accounting Technician qualification, am I able to register these modules for personal needs?
Yes, we offer the flexibility to take up individual modules, levels or qualification.
Will I receive a certificate upon completion of each level in the ISCA Accredited Accounting Technician qualification?
The training provider will monitor your progress and inform you when you are ready to sit for the assessments. You are required to check with the training provider for the availability and schedule of the assessment.
The module assessments are mainly closed-book Computer-based assessments. There will be a combination of multiple choice and structured questions. More details on the duration of each module assessment can be found in the Syllabuses.
The pass mark is 70%.
There is no limit to the number of attempts for each module assessment. This applies to both unit and synoptic assessments.
No, there is no pre-requisite for the modules. However, students are required to register for all unit assessments before registering for the synoptic assessment within the same level. The unit assessments may be taken in any order under each level.
The modes of study available to students are:
- Attend tuition by our appointed training provider (part-time)
Students are strongly encouraged to attend tuition conducted by the training providers. Classroom learning provides students a shared learning experience to acquire the relevant knowledge and skills required of ISCA Accredited Accounting Technician.
What are the progression options for me after completion of the ISCA Accredited Accounting Technician? Does the ISCA Accredited Accounting Technician provide a pathway to Singapore Chartered Accountant Qualification (Singapore CA Qualification)?
ISCA is working closely with partner universities, Singapore Accountancy Commission and other professional bodies for the recognition of module results obtained by students under the ISCA Accredited Accounting Technician for exemptions into their qualifications. ISCA Accredited Accounting Technician holders have the opportunity to advance further to the senior level of the profession, with exemptions available from the other professional bodies such as ICAEW, ACCA, CIPFA, ICAS and CIMA as well as UK university degrees offered in Singapore.
Would I be eligible for ISCA membership or any professional designation upon the completion of ISCA Accredited Accounting Technician?
Upon the completion of ISCA Accredited Accounting Technician and accumulation of 1 year of practical experience, you will be eligible for Affiliate (ISCA) membership and be conferred the professional designation Accredited Accounting Technician (Singapore).
Under the Mutual Recognition Agreement with AAT, graduates of the ISCA Accredited Accounting Technician are also eligible for AAT full membership, and enjoy international recognition.