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ISCA expands into China, challenges local firms

The Institute of Singapore Chartered Accountants (ISCA) held its first Annual Ceremony in Shanghai on 29 March, gathering over 150 members and partners from China and Singapore. This event signifies ISCA’s ongoing internationalisation efforts, recognising long-serving members and announcing a new partnership with the Singapore Chinese Chamber of Commerce & Industry (SCCCI) to strengthen business ties between China and Singapore.

ISCA has been expanding its global presence, with 12 overseas chapters in nine countries and six offices across four countries. In China, ISCA has established offices in Shanghai and Nanjing and partnered with the Nanjing University of Finance and Economics to integrate the Singapore Chartered Accountant Qualification into its curriculum. This initiative allows Chinese students to graduate with a degree in accounting and fast-track to the Chartered Accountant (Singapore) designation.

Claire Qian, ISCA Shanghai Chapter Chairperson, highlighted the importance of the event, stating, “ISCA’s growing presence in China reflects strong demand for deeper professional and business linkages between China and Singapore.”

The ceremony also introduced a collaboration between ISCA and SCCCI to develop a practical executive programme aimed at assisting Chinese companies in expanding into Southeast Asia. ISCA President Teo Ser Luck emphasised China’s significance in ISCA’s strategy, noting the potential for growth in Southeast Asia.

The event celebrated over 30 member achievements, recognising milestones and contributions to the accountancy profession. Kelvin Lam, CFO of NTT Data (China), praised ISCA’s support for overseas members, saying it has provided valuable resources and opportunities for growth.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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