ICPAS Professional Examination (ICPAS PE) is a qualifying examination for graduates with a recognised university Degree in Accountancy or Commerce, Business Administration, Management, Banking and Finance or Economics with a major in accounting or related subjects; whose qualifications do not meet the direct entry requirements of ICPAS membership.

Applicants applying for ICPAS PE are subject to meeting core subjects’ requirement and final approval by the Institute’s Board of Education and Examination (BOEE). Upon approval, the applicants will become ICPAS PE Candidates to attempt 5 modules, with or without taking qualifying subjects, in which examinations are conducted biannually. Preparatory course is available to help candidates to prepare for the examinations. After passing the 5 modules examinations, ICPAS PE Candidates may proceed to apply as provisional member of the Institute and thereafter becoming a full member i.e. CPA Singapore, subjecting to membership requirements.

* Application for the ICPAS Professional Examination has been closed as at 6 April 2011. Further details on ICPAS professional accountancy programmes will be announced soon.

In addition to the 5 modules, applicants may require to attempt a Financial Accounting (FA) subject, which is a pre-requisite, and / or up to 7 qualifying subjects as recommended by BOEE after assessment.

As a qualifying examination at a professional level, all candidates are required to attempt all 5 modules without any exemptions.

Candidates must complete the full programme (including completing the recommended qualifying subjects and additional advance FA) within 5 years from the date of confirmation of their candidature. The 5 years span will take effect from the date of confirmation of the assessment application. The candidature will expire on 31 December of the fifth year.
EXAMPLE: The candidature commencement date for a candidate who submitted the ICPAS assessment application in April 2009 will commence in June 2009 upon confirmation of his assessment application status. His candidature will end by 31 December 2014.

• Self-study programme for candidates to study at their own pace from anywhere in the world.
• Overseas candidates can sit for examinations in Singapore under social visit pass.
• Examinations are held for all 5 modules in February and May 2012.
• Candidates may enrol for the modules in any sequence and may sit for up to 3 examinations per examination session.
• Prepartory course is available for candidates to complement self-study plan.

ICPAS has Mutually Recognition Agreement (MRA) in place with ACCA UK. According to the MRA, only members of ICPAS who have completed the ICPAS Professional Examination and have satisfied ACCA's practical experience requirement will be eligible for admission into membership of ACCA.

Please refer to ACCA website http://www.accaglobal.com/members/mutual_memberships/icpas for more information on MRA between ICPAS and ACCA.

* Subject to other criteria as imposed by the respective body at the time of application. Interested applicants who wish to apply for membership through the MRAs are advised to seek clarification with the respective professional body.