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The stage is set. Be recognised as a Chartered Accountant of Singapore

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Being a Chartered Accountant of Singapore

Chartered Accountants are regarded as a mark of excellence across all aspects of business. It is esteemed for the significance it holds and the rigorous training in attaining this distinguished designation.

The Singapore QP provides the pathway to become Chartered Accountants of Singapore.

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Your Passport to an Exciting Career

In today’s complex economy, talented, ethical and confident professionals are highly sought after. Having the Chartered Accountant of Singapore professional designation adds value to your existing qualifications and provides an all-rounded grasp of business and leadership skills to launch your career in the right direction, anywhere in the world.

Varied Industries and Work Natures

Being a Chartered Accountant of Singapore will place you in an enviable position of choosing from a broad range of career choices.

These include Financial Accounting, Management Accounting, Business Valuation, Assurance and Audit, Internal Audit, Financial Advisory, Corporate Finance, Taxation, Risk Management or even the coveted Chief Financial Officer and Chief Executive Officer positions.

A Rewarding Profession

The Chartered Accountant of Singapore designation aims to be recognised as the cream of the crop, the top of the profession. This means that the designation will bring rewards in the form of job satisfaction as well as the privilege from being part of the exclusive network of Chartered Accountants of Singapore.

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Minimum 3 years experience within a Training Agreement in an Accredited Training Organisation supervised by an Approved Mentor

PROFESSIONAL PROGRAMME PRACTICAL EXPERIENCE

Financial Reporting

Integrative Business Solutions

Ethics and Professionalism

Business Value, Governance and Risk

Assurance Taxation

ACADEMIC BASE

Accredited Degree in Accountancy OR +

Non-Accredited Degree

Foundation Programme

Minimum 3 years experience within a Training Agreement in an Accredited Training Organisation supervised by an Approved Mentor

PROFESSIONAL PROGRAMME PRACTICAL EXPERIENCE

Financial Reporting

Integrative Business Solutions

Ethics and Professionalism

Business Value, Governance and Risk

Assurance Taxation

ACADEMIC BASE

Accredited Degree in Accountancy OR +

Non-Accredited Degree

Foundation Programme

The Singapore QP comprises three main components:

• Academic Base• Professional Programme• Practical Experience

Launched in June 2013, the Singapore QP is a postgraduate qualification pathway towards the Chartered Accountant of Singapore professional designation.

The Singapore QP

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Steps to taking the Singapore QP

ATOs are organisations that are accredited by the Singapore Accountancy Commission (SAC) to provide the Practical Experience component of the Singapore QP. ATOs can be listed companies, public accounting entities, banks, government ministries & statutory boards, charities, universities etc.

Over 100 organisations and firms have been accredited as ATOs.

Individuals with Accredited Degrees can enter directly into the Professional Programme while individuals without an Accredited Degree will be required to complete the Foundation Programme before embarking on the Professional Programme.

The Singapore QP admits graduates of all disciplines.

After you have signed a Training Agreement with an Accredited Training Organisation, you can prepare your certificates and documents for entry into the Singapore QP. The documents are to be sent to the Institute of Singapore Chartered Accountants (ISCA), the administrator for the Singapore QP.

Assess your eligibility

Seek employment with an Accredited Training Organisation (ATO)

Apply to be a Singapore QP Candidate

STEP

STEP

STEP

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The Singapore QP hinges on three main factors: Global Recognition, International Portability and Asian Market Value.

What the Singapore QP Offers You

Global Recognition & International Portability

The Singapore QP is designed with key elements of robust admission criteria and mandatory structured practical experience. As such, its very existence and mission is to help you open doors to a global network of opportunities.

Various reciprocity agreements that are being explored with leading professional accountancy bodies around the world will place you in the forefront of the business landscape when you choose to hone your expertise overseas.

The Singapore QP is comparable to other professional accountancy qualifications offered by leading professional accountancy bodies in significant capital markets such as Australia, Hong Kong and the United Kingdom.

The components of the Singapore QP framework are compliant with the International Education Standards issued by the International Accounting Education Standards Board of the International Federation of Accountants (IFAC).

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Asian Market Value

The “Asian Market Value Factor” sets the Singapore QP apart from other global professional programmes. The Singapore QP incorporates the professional accountancy requirements of Asia Pacific and takes into account the diverse socio-economic and regulatory profiles of the countries in the region.

With workshops that delve into case studies specific to the Asia Pacific market, Singapore QP Candidates are able to apply their knowledge in scenarios that are unique to Singapore and the surrounding region.

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Accredited Training Organisations

Accredited Training Organisations (ATOs) play an integral role in the Singapore QP. They provide training and development opportunities for Singapore QP Candidates to hone their competences and gain valuable practical experience in a professional environment. In order to hire, train and develop Singapore QP Candidates, organisations must first be accredited by the Singapore Accountancy Commission (SAC).

There are over 100 accredited training organisations of various sizes and from different industries.

Visit www.SingaporeQP.com for the full list of ATOs and their available positions.

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Singapore QP Candidates are required to complete a minimum of 3 years (450 days) of Practical Experience and a minimum of 5 days (40 hours) of pro bono work. The Practical Experience must be of a financial or business nature and conducted under the guidance of an Approved Mentor.

In addition, Candidates will need to demonstrate that they are competent in 9 elements of generic competences and in 4 of the 15 elements of technical competences. Both your time and achievement of the competences will be recorded in your Record of Practical Experience (RPEC).

More details can be found in the Candidate Guide to Practical Experience at www.SingaporeQP.com

Practical Experience Requirements

Did you know?

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Interesting tidbits about the Singapore QP:

• The Chartered Accountant of Singapore professional designation came into effect on 2 July 2013.

• The Singapore Accountancy Commission oversees the Singapore QP.

• The Singapore QP admits graduates of all disciplines.

• Singapore QP is the only professional accountancy programme in the world with a pro bono component.

• KPMG is the first Accredited Training Organisation.

• Deloitte Singapore holds the honour of signing the first batch of Singapore QP Candidates in May 2013.

• Keppel Corporation is the first corporate to sign Singapore QP training agreements with their employees.

• Ministry of Home Affairs is the first government ministry to be accredited as an ATO.

• DBS is the first local bank to be accredited as an ATO.

• SingTel is the first local Telco to be accredited as an ATO.

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Singapore Accountancy Commission10 Anson Road#05-18 International PlazaSingapore 079903

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www.SingaporeQP.com

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