Singapore Accountants' Employability Enhanced as ISCA Joins Chartered Accountants Worldwide

- ISCA is the first associate member admitted by the global body

Chartered Accountants Worldwide has welcomed the Institute of Singapore Chartered Accountants (ISCA) as its first Associate member. ISCA is the first Chartered Accountancy body to be admitted to the organisation since it was launched in February 2013.

As an Associate Member of Chartered Accountants Worldwide, ISCA joins a group of globally-recognised Chartered Accountancy bodies that are committed to enhancing the value of the Chartered Accountant brand. The membership will also enable ISCA to deepen relations and explore partnership opportunities with the other member bodies, in line with the Government’s vision for Singapore to develop into a global accountancy hub by 2020.

Chartered Accountants have been a mark of excellence in the accountancy and business sectors for over 150 years. There are Chartered Accountants working in over 180 different countries globally. With the national accountancy body becoming part of the globally-recognised Chartered Accountants Worldwide, the stature and employability of Singapore accountants will be enhanced, especially in a business environment that is increasingly globalised.

Chartered Accountants Worldwide was created by the leading institutes from around the world to support, develop and promote the role that Chartered Accountants play throughout the global economy. Established since 1963, ISCA is the national accountancy body of Singapore and currently has over 28,000 members. ISCA’s admission to Chartered Accountants Worldwide is testament to its commitment to the Chartered Accountant designation.

Pat Costello, Chairman of Chartered Accountants Worldwide, has welcomed ISCA’s membership. He said: “We are delighted that ISCA has joined the family. ISCA has played a key role in developing the accountancy profession in Singapore over the last five decades and shares our ambition to work together and promote the very highest standards of the profession globally. We are committed to growing Chartered Accountants Worldwide and working together with other like-minded bodies to promote the brand and support our members wherever they are in the world. We look forward to the fresh perspectives ISCA will bring to the table.”

President of ISCA Gerard Ee said: “We are honoured to join Chartered Accountants Worldwide as its first Associate member. Joining the organisation is a mark of recognition that our members adhere to the highest professional, technical and ethical standards. By being part of the globally-recognised Chartered Accountants Worldwide, we aim to add value to our members, bringing Singapore accountants greater career mobility and professional visibility in an increasingly globalised business environment. We look forward to working closely with our fellow members to promote the Chartered Accountant brand in our part of the world.”

ISCA is the first institute, in addition to the founder members, that has joined Chartered Accountants Worldwide – marking an important milestone in the global expansion of the organisation. The rest of the Chartered Accountants Worldwide members are Chartered Accountants Australia and New Zealand, Chartered Accountants Ireland, Institute of Chartered Accountants in England and Wales, Institute of Chartered Accountants of Scotland and the South African Institute of Chartered Accountants.

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Notes to editors:

1. Chartered Accountants Worldwide
Chartered Accountants Worldwide has been created by the leading institutes of Chartered Accountants from around the world to support, develop and promote the vital role that Chartered Accountants play throughout the global economy. More information on the organisation can be found at charteredaccountantsworldwide.com

Chartered Accountants Worldwide Associate membership is open to Chartered Accountancy bodies who:
• refer to their members as Chartered Accountants and legitimately use the Chartered Accountant brand;
• are a member of IFAC or an IFAC Recognised Regional Organisation (eg, CAPA or PAFA);
• require their members to commit to continuing professional development;
• are committed to working together to promote the Chartered Accountancy brand; and
• can demonstrate how they are improving the quality of the Chartered Accountancy qualification.

2. ISCA
The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore. ISCA’s vision is to be a globally recognised professional accountancy body, bringing value to our members, the profession and wider community.

Established in 1963, ISCA is an advocate of the interests of the profession. Possessing a Global Mindset, with Asian Insights, ISCA leverages its regional expertise, knowledge, and networks with diverse stakeholders to contribute towards Singapore’s transformation into a global accountancy hub.

ISCA is the Administrator of the Singapore QP and the Designated Entity to confer the Chartered Accountant of Singapore - CA (Singapore) - designation. There are over 28,000 ISCA members making their stride in businesses across industries in Singapore and around the world.

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