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How To Register As A Public Accountant

Under the Accountants Act of Singapore, one must need to register with the Public Accountants Oversight Committee in order to be formally recognised as a public accountant.

To do this, one must apply through the BizFile, the online portal of the Accounting and Corporate Regulatory Authority of Singapore (ACRA), the city state’s primary arm in regulating both businesses and the accounting practise.

One must also pay a non-refundable fee of S$750 for the registration. Aside from these, any applicant must be at least 21 years of age.

An applicant must have also passed the final examination in accountancy from either of the following: the Singapore Polytechnic, the University of Singapore, the Nanyang University of Singapore, the National University of Singapore, the Nanyang Technological Institute, the Institute of Certified Public Accountants of Singapore, the Nanyang Technological University, the Institute of Certified Public Accountants of Singapore Professional Examination, and the Singapore Management University.

He or she must also have undertaken and successfully passed the final examination in accountancy of either of the following (or any of its recognised equivalents): the Institute of Chartered Accountants of Scotland (ICAS), the Institute of Chartered Accountants in England and Wales (ICAEW); the Institute of Chartered Accountants in Ireland (ICAI); the Association of Chartered Certified Accountants (ACCA); the Institute of Chartered Accountants in Australia (ICAA), the CPA Australia; the New Zealand Institute of Chartered Accountants (NZICA); the Canadian Institute of Chartered Accountants (CICA); the American Institute of Certified Public Accountants (AICPA); or the Chartered Institute of Management Accountants of the United Kingdom (CIMA). The ACRA has also provided detailed information about each institution on its website.

Apart from these qualifications, the Public Accountants Oversight Committee has also laid down rules on practical experience (generally at least three years provided specific experiences). An applicant must also be a member of the Institute of Certified Public Accountants Singapore (ICPAS).