The Institute of Singapore Chartered Accountants (ISCA) and Ernst & Young LLP (EY Singapore) launched the “EY x ISCA SCAQ Career Mobility Programme” in a bid to boost Singapore’s standing as a leading regional hub for accountancy excellence.
The programme comes under a three-year Memorandum of Understanding (MOU) between the parties, marking the first-of-its-kind initiative to develop, retain, and globally position Southeast Asia’s accounting talents,
Further, the programme seeks to promote the Singapore Chartered Accountant Qualification (SCAQ), a globally recognised pathway that opens doors to international careers, while addressing the region’s widening talent shortage.
Under the MOU, ISCA and EY Singapore will collaborate to:
a. Execute the “EY x ISCA SCAQ Career Mobility Programme” to collectively foster accountancy talents from in Southeast Asia, in particular Thailand and Vietnam, to embark on the SCAQ as professional pathway to become a Chartered Accountant;
b. Collectively promote SCAQ as an accountancy professional qualification of choice among university undergraduates in in Southeast Asia, with a focus in Thailand and Vietnam, and to work closely with these universities to have their support;
c. Train accountancy talents and equip them with professional competences to be a fully qualified Chartered Accountant;
d. Foster cross-cultural work experience through opportunities to work in Singapore; and
e. Retain talented accountancy professionals and increase the pool of Chartered Accountants in the long run.
University students who complete the SCAQ Foundation Programme and attain the ISCA Professional Business Accountant designation will be granted a guaranteed interview opportunity with EY Singapore.
According to a press release, those who are subsequently offered full-time graduate positions with EY Singapore will go on to complete the SCAQ Professional Programme and fulfil their Practical Experience with EY Singapore as an Accredited Training Organisation.
