CPA Singapore
Introduction
Accountants are a vital business asset. They play a key role in commerce, industry and organisations large and small. They are the mainstays within the corporate world and in many cases, the accountant becomes even more than head of a financial department – General Manager, Chief Executive - the accountant’s training and experience can lead right to the top.
A sound knowledge of all aspects of business, constant re-appraisal of technical advances and options, together with a trained ability to analyse with accuracy, enable the accountants to play a crucial part in many areas of opportunity.
Banking and merchant banking, management consulting and stock-broking, and top positions within multinational companies and government offices number among some of the career routes that can be pursued.
What Do Accountants Actually Do?
Traditionally, the accountant is seen as a scrutineer, responsible for recording and measuring, checking and evaluating.
Today, however, the role of accountants has expanded dramatically. In addition to all of the above, the accountant forecasts, budgets, summarises and analyses. His or her input is a vital factor in the decision making process.
What are the various specialist areas?
Accountants by the very nature of their training, are familiar with
a full range of subjects; accounting, auditing, taxation, company law,
information systems and financial management. Many accountants, however,
choose to specialize in a particular field of expertise – financial
accounting, management accounting, auditing, financial management, taxation,
company secretarial, insolvency, management consultancy, and information
technology.
How to become a CPA Singapore?
About CPA Singapore
The Certified Public Accountant
Singapore (CPA Singapore) is a professional in accountancy,
finance and business who has the relevant work experience
in addition to a recognised accountancy qualification.
This valuable credential is also a testament to their well-grounded
knowledge, integrity and commitment. The experience and
high standards of professionalism of CPA Singapore makes
a difference when it comes to the interest of business,
employer and/or client.
CPAs Singapore are sought after by employers of local and
international organisations across all industries. They
work in diverse roles across industries including commerce,
academic, government and public sectors in Singapore and
around the world, many of whom helm some of the most prominent
local and international companies.
Pathway to CPA Singapore
* Graduates with a recognised university Degree in Accountancy or Commerce, Business Administration, Management, Banking and Finance or Economics with a major in accounting or related subjects; whose qualifications do not meet the direct entry requirements of ICPAS membership.
To find out more on how to become a member of ICPAS, please click here.
Following its 18-month long holistic review of the Singapore accountancy sector, the Committee to Develop the Accountancy Sector (CDAS) submitted its final report to the Minister for Finance in April 2010. The CDAS report contained 10 key recommendations to transform Singapore into a leading global accountancy hub for the Asia-Pacific region by 2020. The Ministry of Finance announced its acceptance of all the key recommendations in May 2010. Click here for the CDAS Final Report.
One of the CDAS’s key recommendations was the development of a new Singapore Post-university Professional Accountancy Programme. The Programme would be relevant for training audit professionals and professional accountants, and seeks to enhance the professional development needs of accountancy and non-accountancy graduates, through an appropriate mix of application-based and theoretical learning with on-the-job structured training.