ISCA Partners Nanjing University of Finance & Economics to Establish Singapore Chartered Accountant Qualification Programme in Nanjing

24 April 2025 – The Institute of Singapore Chartered Accountants (ISCA) has signed a Memorandum of Understanding (MOU) with Nanjing University of Finance & Economics (NUFE) to establish new pathways for students in Nanjing to pursue the Singapore Chartered Accountant Qualification (SCAQ). This marks ISCA’s first collaboration with a university in Nanjing and its second in China, furthering its goal of partnering with at least five accredited Chinese universities by the end of 2025.

This strategic partnership is part of ISCA’s broader efforts to expand its global presence and deepen professional ties in China. It follows ISCA’s establishment of its first representative office in Nanjing at the Singapore-Nanjing Eco Hi-Tech Island in December 2024 — an initiative that supports cross-border collaboration and business expansion. The partnership also addresses the growing demand for qualified accounting professionals in Singapore and China by developing a talent pipeline equipped with internationally recognised credentials, essential for supporting business growth, financial integrity, and sustainable development.

Under the MOU, students from four NUFE majors — Accounting, Financial Management, Auditing, and Asset Assessment, will undergo the SCAQ programme. Upon passing the Foundation Programme, the students will be accorded the ISCA Professional Business Accountant designation and continue acquiring work experience to complete the professional stage, ultimately attaining the Chartered Accountant of Singapore designation.

In addition, ISCA will offer a wide range of resources to support NUFE students in their journey to obtaining the professional qualification. These resources include study support, tuition classes, mentorship, internships, and career matching services. All new SCAQ candidates from NUFE will be given ISCA Associate Membership to be a part of the ISCA community, granting them access to professional resources, mentorship, and access to ISCA’s wide industry networks. To kickstart the programme, ISCA will offer scholarships annually NUFE’s accounting college students, and will nurture them to become ISCA ambassadors.

The MOU was signed by Ms Fann Kor, CEO of ISCA, and Professor Yao Wenyun, Standing Committee Member and Vice President of NUFE in Singapore today during the Singapore-Nanjing Economic and Trade Cooperation and Exchange Conference, witnessed by Mr Chen Zhichang, Mayor of Nanjing. The signing ceremony is part of a series of MOUs between Singapore and Nanjing, aimed at enhancing economic and people-to-people ties between both countries. The ceremony was attended by representatives from both the Singaporean and Chinese governments, business chambers, educational institutions, and industry leaders in attendance. This marks ISCA's growing collaboration with Chinese institutions of higher learning and a stronger partnership with Nanjing in the field of education.

ISCA CEO Ms Fann Kor said: "We are glad to partner NUFE to establish new pathways for students in Nanjing to pursue the SCAQ. This partnership is a key milestone in strengthening bilateral cooperation in accounting and finance education. It provides NUFE students with a globally recognised pathway to professional certification, and is part of ISCA’s wider efforts to nurture a robust talent pipeline to meet the demand of our SCAQ Accredited Training Organisations."

"We are very pleased that NUFE can be the first in Nanjing to have its financial and accounting courses certified by ISCA. This highlights the academic rigour and global recognition of our courses, and reflects our determination to cultivate accounting professionals who meet international standards and are future-oriented. The signing of this MOU with ISCA provides our students with world-class education, helps them stand out in global competition, and builds a bridge between Eastern and Western education," said Professor Yao Wenyun, Standing Committee Member and Vice President of Nanjing University of Finance & Economics.

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For more information, please contact:

Wendy Wu
ISCA Country Manager, China
Tel: +86 138 1675 4500
Email: wendy.wu@isca.org.sg

Seah Yi Qin
Manager, Communications
Tel: +65 9833 3904
Email: yiqin.seah@isca.org.sg

About the Institute of Singapore Chartered Accountants (ISCA)

The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore with over 39,000 ISCA members making their stride in businesses across industries in Singapore and around the world. ISCA members can be found in over 40 countries and members based out of Singapore are supported through 12 overseas chapters in 9 countries.

Established in 1963, ISCA is an advocate of the interests of the profession. Complementing its global mindset with Asian insights, ISCA leverages its regional expertise, knowledge, and networks with diverse stakeholders to contribute towards the advancement of the accountancy profession.

ISCA administers the Singapore Chartered Accountant Qualification programme and is the Designated Entity to confer the Chartered Accountant of Singapore – CA (Singapore) – designation.

ISCA is a member of Chartered Accountants Worldwide, a global family that brings together the members of leading institutes to create a community of over 1.8 million Chartered Accountants and students in more than 190 countries.

For more information, visit www.isca.org.sg.