The Institute of Singapore Chartered Accountants (ISCA) and the Shanghai Institute of Certified Public Accountants (SHICPA) have signed a Memorandum of Understanding (MOU) to advance the international development of the accountancy profession and deepen collaboration between Singapore and China. This agreement, signed today by ISCA Vice President Judy Ng and SHICPA Vice President Fang Yifeng, marks a significant step in strengthening ties between the two financial hubs.
The MOU focuses on promoting the development of the accounting profession in both regions, with an emphasis on enhancing professional competencies and international business practices. As part of this initiative, a delegation of over 20 accounting practitioners from Shanghai will participate in the Singapore Intensive Training Programme conducted by ISCA. This programme aims to broaden the global perspectives of participants, encourage cultural integration, and support cross-border investment cooperation.
Judy Ng stated, “This collaboration with SHICPA reflects ISCA’s ongoing commitment to raising professional standards and strengthening global ties within the accountancy profession.” Fang Yifeng added, “We are pleased to partner with ISCA to offer our members the opportunity to gain global perspectives and practical insights in Singapore.”
This partnership is part of ISCA’s broader efforts to expand its global footprint, following recent MOUs with Xian Jiaotong-Liverpool University and Nanjing University of Finance & Economics. The collaboration with SHICPA is expected to contribute to the resilience and competitiveness of firms and economies in both regions, aligning with global sustainable development goals.
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