Introduction
The Institute of Certified Public Accountants of Singapore(ICPAS) is the partner of the ACCA/ICPAS Joint Professional Examination Scheme (JES). As the national professional body for the accounting profession, ICPAS ensures that accountants in Singapore conduct themselves in a professional manner according to the regulations spelt out by the regulatory body, Accounting and Corporate Regulatory Authority (ACRA).
This is where the joint scheme comes into play where ICPAS works closely with ACCA to ensure the syllabus meets both ACRA and ICPAS’s membership requirements. That enables JES graduates to be “Certified Public Accountants Singapore”. The JES has been successfully run by ICPAS and ACCA since 1983 and thousands of JES students have graduated and gone on to rewarding careers.
The ACCA qualification is a highly relevant, targeted combination of study and practical experience. The syllabus is the result of extensive research and consultation with governments, students, colleges and employers from a range of public and private sector organisations.
ACCA is recognised and respected across the world, and currently have 140,000 members and 404,000 students in over 170 countries.
Recognition
Graduates from the ACCA programme will be eligible to apply for CPA membership
with ICPAS and ACCA full membership with ACCA (UK) upon completion of
the requiste work experience.
Syllabus
The ACCA syllabus aims to develop a comprehensive understanding of the
knowledge, skills and techniques required by the modern professional
accountant. The broad range of subjects is designed to ensure a depth
of high quality, relevant knowledge which can be applied throughout your
chosen career. The examinations are divided into three parts:
You will need to complete 14 papers in total. A maximum of nine papers in the Fundamentals level are available for exemption.
FUNDAMENTALS (nine papers in total)
Knowledge
F1 Accountant in Business
F2 Management Accounting
F3 Financial Accounting
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Skills
F4 Corporate and Business Law
F5 Performance Management
F6 Taxation
F7 Financial Reporting
F8 Audit and Assurance
F9 Financial Management
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PROFESSIONAL (five papers in total)
Essentials
P1 Governance, Risk and Ethics
P2 Corporate Reporting
P3 Business Analysis
Options (two to be completed)
P4 Advanced Financial Management
P5 Advanced Performance Management
P6 Advanced Taxation
P7 Advanced Audit and Assurance