Modern Australian
Men's Weekly

.

ISCA and SHICPA Collaborate to Support Accountancy Professionals and Firms in Shanghai and Singapore

SINGAPORE - Media OutReach Newswire - 9 July 2024 - On 9 July 2024, the Institute of Singapore Chartered Accountants (ISCA) signed a Memorandum of Understanding (MOU) with the Shanghai Institute of Certified Public Accountants (SHICPA), to further areas of collaboration between both professional accountancy bodies.



Taking place at the 5th Singapore-Shanghai Comprehensive Cooperation Council (SSCCC) meeting on the same day, the MOU was signed by Mr Teo Ser Luck, President of ISCA, and Mr Gu Hongxiang, President of SHICPA. Under the MOU, both ISCA and SHICPA will establish platforms for information exchange and international visits, as well as collaborate on training programmes to help their members upskill and attain more professional credentials. In addition, members will be able to stay updated on the latest policies, industry trends, technological innovations, and expand their professional network. Overall, the newly-signed MOU will benefit over 36,000 ISCA members, and over 8,000 SHICPA members.

Another key component of the MOU lies in providing guidance and support to the development of small and medium-sized practices (SMPs) in both Shanghai and Singapore, in areas such as international market laws and regulations, industry development trends, accounting-related technology innovations, and practice management models. By tapping on the MOU, SMPs will also enjoy opportunities to participate in exchange activities, better understand the critical success factors to operate in different business environments and to jointly enhance the development of their capabilities.

The MOU is part of a series of efforts by ISCA to further its global footprint and collaborations with other professional accountancy bodies worldwide. Earlier in the year, ISCA signed MOUs with the Hong Kong Institute of Certified Public Accountants (HKICPA) and the Guangdong Institute of Certified Public Accountants (GDICPA).

ISCA President Mr Teo Ser Luck said, "Through our partnership with SHICPA, we hope to facilitate professional exchanges and create opportunities for members from both Institutes. Our recently-inked MOUs with our counterparts from Hong Kong, Guangdong, and now Shanghai will enhance the international network of our accountancy profession."

Mr Gu Hongxiang, SHICPA President, said, “SHICPA is excited to partner with ISCA. We believe this partnership will not only enhance the professional growth of our members but also promote greater exchange of knowledge and expertise, and our members will benefit immensely, paving the way for future opportunities and advancements in the accountancy profession."
Hashtag: #ISCA #SHICPA #Accountancy #DifferenceMakers #Accounting

The issuer is solely responsible for the content of this announcement.

About the Institute of Singapore Chartered Accountants (ISCA)

The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore with over 36,000 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 10 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. Its Academy designs and develops professional development courses and programmes that equip accountancy and finance professionals on developing themes in business and specialisation areas such as sustainability reporting, financial forensics and corporate governance topics for directors.

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.

Powering Shepparton’s Businesses: Expert Commercial Electrical Services You Can Count On

When it comes to running a successful business, having reliable, compliant, and efficient electrical systems is non-negotiable. From small retail ou...

Maximise Efficiency: Cleaner Solar Panels for Optimal Performance

Solar panels are a smart investment in energy efficiency, sustainability, and long-term savings—especially here in Cairns, where the tropical sun ...

7 Common Air Conditioner Issues in Melbourne – And How to Fix Them

Image by freepik Living in Melbourne, we all know how unpredictable the weather can be. One moment it’s cold and windy, the next it’s a scorchin...

Powering Palm QLD with Reliable Electrical Solutions

Image by pvproductions on Freepik When it comes to finding a trustworthy electrician Palm QLD locals can count on, the team at East Coast Sparkies s...

The Smart Way to Grow Online: SEO Management Sydney Businesses Can Rely On

If you’re a Sydney-based business owner, you already know the digital space is crowded. But with the right strategy, you don’t need to shout the...

What Your Car Says About You: The Personality Behind the Vehicle

You can tell a lot about someone by the car they drive—or at least, that’s what people think. True Blue Mobile Mechanics reckon the car says a l...

The Confidence Curve: Why Boudoir Photography Is the Empowerment Trend You Didn’t Know You Needed

Boudoir photography has been quietly taking over social feeds, Pinterest boards, and personal milestones—and for good reason. It’s not just abou...

Understanding Level 2 Electricians: Why Sydney Residents Need Licenced Experts for Complex Electrical Work

When it comes to electrical work around the home or business, not all electricians are created equal. In Sydney, particularly when you're dealing wi...

Retirement Anchored in Model Boat Building for Waterford’s Doug Unsold

WATERFORD — When Doug Unsold sees his ship come in, it’s usually one he’s crafted with his own hands. The 67-year-old retiree from Waterford ...

The Science Behind Alarm Clocks and Your Circadian Rhythm

Waking up on time isn’t just about setting an alarm—it’s about working with your body, not against it. At the heart of every restful night and...

How to Use Plants to Create a Calming Atmosphere in Your Home

In today’s fast-paced world, cultivating a calm, soothing environment at home has never been more important. Whether you live in a busy urban apar...

How Maths Tutoring Can Help Students Master Maths

Mathematics can be a daunting subject for many students, often causing stress and frustration. However, maths tutoring has proven to be an effective...

Refurbished iPads Are Better Than New Ones (Here's Why)

Image by rawpixel.com on Freepik Apple's refurbished iPad program has quietly become one of the best deals in tech. While everyone obsesses over the ...

Your Guide to Finding the Right GP: What Perth City Doctors Offer Today

Choosing a General Practitioner (GP) is one of the most important health decisions you’ll make. Luckily, Perth’s vibrant CBD now hosts a new ge...

Why Every Mining Operation Needs a Robust Safety Management System

Mining is one of the backbones of the Australian economy, particularly in Western Australia. Back in 2019-20, mining contributed 10.4% of Australiaâ...

Australian Classic Literature Enjoys Resurgence

Welcome back to the good old days of storytelling! As the modern world becomes increasingly more demanding, returning to childhood favourites offers...

How to Choose the Right Lawyers in Sydney for Your Situation

When faced with a legal issue, selecting the right legal representation can make all the difference. Whether you're dealing with a personal injury, ...

Building a Governance Model for Headless Content Management at Scale

Image by pch.vector on Freepik There's never been a better time to implement a headless content management system (CMS) to gain the flexibility and ...