SMP Onboarding Programme

SMP Onboarding Programme is designed to equip new audit professionals (audit assistants/ associates and audit seniors) with the necessary knowledge and skills to carry out their tasks more effectively. This programme is part of the Institute’s continuing efforts to support the SMP practitioners in providing relevant training to their staff.

The learning will be conducted through bite-sized e-learning modules which allows busy auditors to build skillsets with ease and flexibility. It aims to equip new audit professionals with understanding on:

  • the audit environment in Singapore;
  • the concepts of ISCA audit methodology and its applications; and
  • the knowledge in Ethics Pronouncements (EP) 100 and 200.

UTAP funding is now available! Enjoy 50%* funding support for NTUC member! Find out more here*!


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Why embark on the SMP Onboarding Programme?
ISCA-icon-Professional Recognition

Affordable learning anytime, anywhere

ISCA-icon-ISCA core values

Structured and bite-sized learning

ISCA-icon-Ethics & Professionalism

Fulfill verifiable Ethics hours


Track staff’s progress

(for corporate account holders only)


Knowledge checks to reinforce learning

Programme Structure and Contents

Click on the respective tabs to find out more about each module:

1) Ethics Pronouncement 100: Relevance to Professional Accountants

Objective and OutlinesCPE Hours

This e-learning course will take you through the conceptual framework of EP 100 and its relevance to professional accountants, and explore various aspects – fundamental principles, ethical threats, ethical conflict resolution, responding to Non-compliance with Laws and Regulations (NOCLAR), etc.


On completion of this module, participants will enhance their understanding of their public interest duty and the relevance of the EP 100 in guiding them in respect of their public interest duty.


Practical examples will be used to illustrate the ethical dilemmas commonly faced by professional accountants and recommended ethical resolution framework in EP 100.


2) Ethics Pronouncement 200: An Overview

Objective and OutlinesCPE Hours

This e-learning course will provide an overview of the EP200, information on the guidelines and requirements of Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) to professional accountants in Singapore.


The module will cover:

  • Overview of EP200
  • Relevance of EP200 to various stakeholders
  • Examples of Money Laundering and Terrorism Financing practices
  • Obligations and Offences under AML and CFT Legislation
  • Reporting and Tipping-Off 
  • Systems and Controls
  • Customer Due Diligence (CDD) and Records Keeping
  • Reporting, Training, Compliance, Hiring and Audit

Developed by ISCA, the On-the-Job Training (OJT) Blueprints provide supervisors in the SMPs with a guide on providing structured in-house on-the-job training for the staff. It highlights the key considerations to note and the tasks standards for each audit work procedure, as well as the recommended competencies necessary for the staff to carry out his or her tasks effectively.

The OJT Blueprints cover 20 audit topics as follows:

 OJT BlueprintsLearning Format Hours
1Trade and Other Receivables












2Trade and Other Payables
3Cash and Bank Balances
4Property, Plant and Equipment
5Operating and Other Expenses
7Cost of Sales
9Group Audit – Planning
10Inventory Count Observation
11Leases for Lessees





Recorded video






12General Audit Procedures
13Intangible Assets
14Investments in Subsidiaries, Associates and Joint Ventures and other Equity Investments
15Investment Properties
16Loans and Borrowings
17Income Taxes
18Related Parties
19Contingent Liabilities and Financial Commitments
20Subsequent Events and Going Concern


ObjectiveOutlinesCPE Hours
This module focus on helping participants understand the regulatory environment and audit documentation expectations in Singapore. It will also provide guidance on how to effectively make use of the various programmes and forms in the ISCA Audit Manual for Standalone Entities (AMSE) to meet the various audit requirements.
  • Understand the audit environment in Singapore
  • Guidance on how to effectively make use of the various programmes and forms in the ISCA AMSE to meet the various audit requirements
  • Discuss some practical challenges that the preparers and reviewers of AMSE may encounter and how to address those challenges.
  • SSQM (light touch overview)


Optional Add-on Module: 

A group audit refers to the audit of group financial statements. Singapore Standard on Auditing (SSA) 600 Special Considerations – Audits of Group Financial Statements (Including the Work of Component Auditors)  lays out the requirements that group engagement teams have to follow for group audits. It can commonly be divided into three phases, namely planning, execution and completion.

The ISCA’s Group Audits e-learning series:

  •     Explain the requirements in SSA 600;
  •     Provide an overview of the considerations involved in planning for group audits; and
  •     Suggest possible ways to overcome the practical challenges that auditors commonly face in group audits, through case studies of a group engagement team.

Participant who purchased the SMP Onboarding Programme will enjoy attractive discounts (>70%) on the Group Audit e-learning series (bundle of 6 modules).  

ObjectiveOutlinesCPE Hours


Module 1: Group Audits – Planning (Part 1)



  • What is group audit
  • Different terms used in group audits
  • Key considerations in the acceptance and continuance of group audit engagements, including the need to understand the group’s businesses and structure
  • How a risk assessment should be performed
  • How significant components should be identified
Module 2: Group Audits – Planning (Part 2)
  • Understanding the component auditor
  • Group materiality and allocation of materiality
  • Logistical considerations
  • Determining extent of involvement of the work performed by component auditors
Module 2: Group Audits – Planning (Part 3)
  • Group audit instructions
  • Reporting deliverables from component auditors
Module 4: Group Audits – Execution
  • Review of audit working papers and documentation
  • Audit of the consolidation process
Module 5: Group Audits – Completion
  • Review of subsequent events
  • Evaluating the sufficiency and appropriateness of audit evidence obtained
  • Communication with group management and those charged with corporate governance
  • Key financial statement reporting and disclosure requirements
  • Documentation requirements
Module 6: Group Audits – Common Issues
  • Common issues encountered during group audit engagements
  • Practical ways to manage these common issues


Programme Duration and Requirements 

Programme Duration:

Participants are given six (6) months to complete the Programme from the date of registration. 


Programme Requirements:

The SMP Onboarding Programme is administered through an e-learning platform and includes the following:

  • an objective-based assessment/ knowledge check quizzes upon completion of each topic
  • Participants are permitted unlimited attempts during the enrolled period of six months
  • Participants need to complete each topic and achieve at least 75% correct answers to pass every assessment


Certificate of Completion and CPE Hours 

A certificate of completion will be awarded to participants who have completed the entire programme.

CPE Hours & Categories

Category 2 =   4.5 hours

Category 3 = 20.5 hours