Welcome to the Singapore Accountancy Commission: Your Gateway to a World-Class Accounting Profession
The Singapore Accountancy Commission (SAC) is the national body responsible for developing, promoting, and regulating the accountancy profession in Singapore. We are committed to ensuring that Singapore remains a leading global hub for accounting and financial services.
Our Mission
Our mission is to:
- Develop and maintain high standards of accounting education, training, and practice
- Promote the adoption of best practices in accounting and financial reporting
- Regulate the accountancy profession in the public interest
- Support the growth and development of the accountancy profession in Singapore
Our Values
We are guided by the following values:
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Integrity: We are committed to the highest ethical standards and integrity in all that we do.
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Excellence: We strive for excellence in all our endeavors, setting and maintaining high standards for the accounting profession.
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Innovation: We embrace innovation and change, seeking out new and better ways to serve the profession and the public.
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Collaboration: We work closely with our stakeholders, including the government, businesses, educators, and the public, to achieve our mission.
Our Strategic Priorities
Our strategic priorities for the next five years are:
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Develop a world-class accounting profession: We will continue to invest in the development of our accounting profession, ensuring that our accountants are equipped with the skills and knowledge they need to meet the challenges of the 21st century.
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Promote Singapore as a leading global hub for accounting and financial services: We will work to attract and retain the best and brightest accounting professionals from around the world, and to make Singapore the preferred destination for accounting and financial services.
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Regulate the accountancy profession in the public interest: We will continue to strengthen our regulatory framework to ensure that the accounting profession is well-regulated and that the public interest is protected.
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Support the growth and development of the accountancy profession in Singapore: We will work to support the growth of the accountancy profession in Singapore, and to ensure that we have a strong and sustainable profession for the future.
Our Achievements
Since our establishment in 2009, we have made significant progress in achieving our mission. We have:
- Developed and implemented a comprehensive regulatory framework for the accountancy profession
- Accredited over 1,000 accounting programs and institutions
- Certified over 20,000 accountants
- Established a wide range of professional development programs for accountants
- Conducted extensive research on accounting and financial reporting issues
- Represented Singapore at international forums on accounting and financial reporting
Our Impact
The SAC has made a significant impact on the Singapore accountancy profession. We have:
- Enhanced the quality of accounting education and training in Singapore
- Promoted the adoption of best practices in accounting and financial reporting
- Protected the public interest through our regulatory activities
- Supported the growth and development of the accountancy profession in Singapore
Our Future
We are confident that the Singapore Accountancy Commission will continue to play a vital role in the development of the accounting profession in Singapore. We are committed to working with our stakeholders to achieve our mission and to ensure that Singapore remains a leading global hub for accounting and financial services.
The Benefits of Using the Singapore Accountancy Commission
There are many benefits to using the Singapore Accountancy Commission. These benefits include:
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Access to world-class accounting education and training: The SAC accredits over 1,000 accounting programs and institutions, ensuring that you have access to the highest quality accounting education and training.
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Recognition of your accounting qualification: The SAC certifies over 20,000 accountants, giving you the recognition you need to succeed in your career.
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Professional development opportunities: The SAC offers a wide range of professional development programs for accountants, helping you to stay up-to-date on the latest developments in accounting and financial reporting.
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Access to research and resources: The SAC conducts extensive research on accounting and financial reporting issues, giving you access to the latest information and insights.
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Representation at international forums: The SAC represents Singapore at international forums on accounting and financial reporting, giving you a voice on the global stage.
How to Use the Singapore Accountancy Commission
There are many ways to use the Singapore Accountancy Commission. These include:
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Getting accredited: If you are an accounting program or institution, you can get accredited by the SAC. This will give your students access to world-class accounting education and training.
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Getting certified: If you are an accountant, you can get certified by the SAC. This will give you the recognition you need to succeed in your career.
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Taking professional development courses: The SAC offers a wide range of professional development courses for accountants. These courses will help you to stay up-to-date on the latest developments in accounting and financial reporting.
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Accessing research and resources: The SAC conducts extensive research on accounting and financial reporting issues. You can access this research and these resources on the SAC website.
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Participating in international forums: The SAC represents Singapore at international forums on accounting and financial reporting. You can participate in these forums by contacting the SAC.
Conclusion
The Singapore Accountancy Commission is a valuable resource for accountants in Singapore. We offer a wide range of services and resources to help you succeed in your career. We encourage you to use our services and resources to achieve your full potential.
Frequently Asked Questions
What is the Singapore Accountancy Commission?
The Singapore Accountancy Commission (SAC) is the national body responsible for developing, promoting, and regulating the accountancy profession in Singapore.
What are the benefits of using the Singapore Accountancy Commission?
The benefits of using the SAC include:
- Access to world-class accounting education and training
- Recognition of your accounting qualification
- Professional development opportunities
- Access to research and resources
- Representation at international forums
How do I use the Singapore Accountancy Commission?
There are many ways to use the SAC. These include:
- Getting accredited
- Getting certified
- Taking professional development courses
- Accessing research and resources
- Participating in international forums
What are the SAC's strategic priorities?
The SAC's strategic priorities for the next five years are:
- Develop a world-class accounting profession
- Promote Singapore as a leading global hub for accounting and financial services
- Regulate the accountancy profession in the public interest
- Support the growth and development of the accountancy profession in Singapore
What are the SAC's achievements?
Since its establishment in 2009, the SAC has made significant progress in achieving its mission. We have:
- Developed and implemented a comprehensive regulatory framework for the accountancy profession
- Accredited over 1,000 accounting programs and institutions
- Certified over 20,000 accountants
- Established a wide range of professional development programs for accountants
- Conducted extensive research on accounting and financial reporting issues
- Represented Singapore at international forums on accounting and financial reporting