ISCA will collaborate with SG Cares Office to grow skills-based volunteerism in the accountancy profession
10 May 2021
The “Growing Skills-Based Volunteerism” MOU Signing Ceremony between SG Cares Office and Institute Of Singapore Chartered Accountants took place on 10 May. The collaboration aims to enable Social Service Agencies (SSAs) to benefit from the skills and expertise of ISCA members as professional accountants.
Mr Edwin Tong, Minister for Culture, Community and Youth & Second Minister for Law, said:
|“I know that contributing to the community is not new for ISCA. In 2015, ISCA established the charity ISCA Cares which represents the collective effort of the accountancy profession to give back to society. I am happy to know that ISCA Cares has two very meaningful focus areas. The first is on our future – where ISCA Cares provides youths from disadvantaged backgrounds with quality accountancy education through financial and non-financial assistance... The second is on the community – where ISCA Cares harnesses the knowledge, skills and expertise of the accountancy community for appropriate development projects through collaborative programmes with partners.”|
To read Mr Edwin Tong’s full speech, refer to
ISCA President Mr Kon Yin Tong also shared in his speech on one of the few initiatives of ISCA Cares:
|“The culture of volunteerism is in fact not foreign to our members. Our charity arm, ISCA Cares, provides a platform for the accountancy profession and our members to give back to the society and help those in need. Launched in 2017, the ISCA Cares Mentoring Programme is a year-long programme designed to provide young accountancy students from financially vulnerable families, with access to mentorship from experienced accountants… To date, 80 ISCA members have volunteered for this programme, benefitting 125 students and beneficiaries.”|
To read Mr Kon Yin Tong’s full speech, refer to
ISCA Cares Raises Over $421,000 Through Charity Golf Event
IN TUNE, ISCA Journal
ISCA Cares raised over $421,000 through its inaugural Charity Golf event, including matching funds from Tote Board. Held on March 19 and 26 at Orchid Country Club, golfers played their hearts out at the beautifully lush and manicured Dendro and Aranda courses. Originally scheduled for March 27 last year, the event was met with overwhelming response from sponsors and donors, with the 35 flights fully sold out.
ISCA Cares Chairman, Mr Max Loh, asserts that the charity will continue to provide financial assistance to more students in this time of need. “The lower-income households would be hardest hit by Covid-19’s long economic fallout. ISCA Cares is committed to support more needy students in 2021. The funds raised through the Charity Golf event will go a long way towards this end.”
ISCA Cares would like to extend its heartfelt appreciation to the Charity Golf Organising Committee who have made the event a reality, as well to all donors, sponsors and Tote Board for their support.
To read the full story, please refer to https://journal.isca.org.sg/2021/04/30/isca-cares-raises-over-421000-through-charity-golf-event/pugpig_index.html
ISCA Cares Delivers More Financial Assistance To Record Number of Beneficiaries
IN TUNE, ISCA Journal
Close to 80 student beneficiaries and their family members, donors, ISCA Council members, ISCA Cares Board members and distinguished guests attended the ISCA Cares Bursary Awards Ceremony on October 16, 2020.
To read the full article, please refer to https://journal.isca.org.sg/2020/11/29/isca-cares-delivers-more-financial-assistance-to-record-number-of-beneficiaries/pugpig_index.html
Small Acts Big Hearts
FOCUS, ISCA Journal
In conjunction with the upcoming International Volunteer Day on December 5, we shine the spotlight on two big-hearted members who are paying it forward through ISCA Cares.
Here, two of our members who are actively involved in charity work, and also contributing their time and expertise as mentors in the ISCA Cares Mentorship Programme, share their thoughts about the joys of giving, as well as what keeps them going.
To read the full article, please refer to https://journal.isca.org.sg/2020/11/03/small-acts-big-hearts/pugpig_index.html
Scholarships lighten the burden of students from difficult families
27 Oct 2020
ISCA Cares Chairman, Mrs Lim Hwee Hua, was quoted in the Berita Harian article:
|“In times of crisis, low-income families among the poor are severely affected. This makes it even more important for ISCA Cares to help the youth from the less fortunate families through this difficult time.”|
The annual ISCA Cares Bursary Awards Ceremony was successfully held last Friday, 16 October 2020, where 28 students from underprivileged families were awarded a total of $54,000. Together with an earlier tranche of bursary awards, ISCA Cares awarded a record of $160,000 to 83 beneficiaries this year, in view of the difficult economic climate arising from the Covid-19 crisis.
ISCA Cares would like to extend a big thank you to all donors and ardent supporters who made this possible!
To read the full article, please refer to https://isca.org.sg/media/2825139/berita_harian_27oct2020.pdf .
The Accountancy Community Sends Timely Financial Aid To Youths In Need Amid Covid-19 Crisis
IN TUNE, ISCA News
In the August issue of ISCA News - In Tune, three of our ISCA Cares beneficiaries shared their challenges, how Covid-19 had impacted them, yet remaining hopeful despite all of that.
Quoting one of our ISCA Cares beneficiaries, Sarah:
“I found strength and motivation to work hard because of the people who supported me through challenging times. They include my family, teachers, friends and ISCA Cares. I feel I should not take any of this help for granted.”
Despite the hardships, the aspiring tax accountant remains optimistic about the future. Sarah hopes that one day, she will in turn be able to help youths who face similar financial struggles.
To provide timely financial assistance to disadvantaged youths like Sarah, ISCA Cares, the charity arm of ISCA, brought forward the disbursement of its ISCA Cares Education Programme bursaries this year, with the aim to help the lower-income who are more severely impacted by the economic fallout due to the pandemic.
“We would like to thank all ISCA Cares donors for their generous support. Their contributions have made it possible for ISCA Cares to reach out to some of those who have been most financially impacted by the pandemic,” says Mrs Lim Hwee Hua, ISCA Cares Chairman
To read the full story, please refer to https://journal.isca.org.sg/2020/07/20/the-accountancy-community-sends-timely-financial-aid-to-youths-in-need-amid-covid-19-crisis/pugpig_index.html
No Let Up in Doing Good
Views from the Top, Business Times
20 Apr 2020
ISCA Cares Chairman, Mrs Lim Hwee Hua, was quoted in The Business Times on the question of "Will corporate social responsibility (CSR) take a back seat during a downturn? How might your organisation's corporate giving be affected this year?" This is what she has to share:
This quote was first published in "Views From the Top" in The Business Times on 20 April 2020.
To read full article, refer to https://www.businesstimes.com.sg/views-from-the-top/no-let-up-in-doing-good.
ISCA Cares Charity Golf
In view of the latest measures introduced to minimise further spread of Covid-19, the ISCA Charity Golf that was scheduled for Friday, 27 March 2020 will be postponed.
As proponents of accountability and trust, we at ISCA are committed to doing our part to keep our community safe. We sincerely appreciate the generous support we have received for this event and we are heartened to know that our donors and sponsors are equally supportive of our decision to postpone this event. We are monitoring the situation closely and will provide updates should there be any changes.
Two of our ISCA Cares bursary recipients were featured in the local newspapers. Read their stories below
Launch of ISCA Cares
At the Singapore Accountancy Convention Networking Dinner, ISCA Advisor Teo Ser Luck announced the launch of ISCA Cares, a charity dedicated to serving the community. Mooted in celebration of SG50, ISCA Cares aims to raise S$1 million in its first year of establishment to help disadvantaged youths by subsidising their tuition fees and basic living expenses through donations.
Donors can also become mentors, sharing experiences and serving as role models for these youths to look up to.
Photo: ISCA Advisor Teo Ser Luck making the opening address at the 2015 Singapore Accountancy Convention Networking Dinner