1. I'm a member of both ACCA and ICPAS. Will the termination of the JES affect me?
The ending of the JES will not affect your ACCA membership. If you are currently an ICPAS (Associate) member or CPA Singapore member, the termination of the JES will not affect your ICPAS membership.
2. Will the ACCA designation still be valued in the workplace?
Yes, as a global professional accounting body with more than 100 years of history and experience behind us, ACCA has built a recognisable brand and a solid reputation for producing a robust qualification and well prepared accountants for business. In Singapore, we have developed and continue to develop good relationships with notable employers who value our members for their skills and ability.
The designation therefore represents the member as an individual of strong technical competence and who is able to contribute effectively in the work place. It is this stalwart reputation and the integrity of our members that will ensure the designation remains valued in the workplace.
3. ACCA currently has an MRA with ICPAS. How will these changes impact the MRA?
The JES agreement is separate from the MRA for members that ACCA has in place. The conditions of the MRA remain the same.
4. With the ACCA Qualification, can I practice as a public accountant?
Eligibility criteria for public accountants are determined by ACRA. At the moment there have been no changes to the criteria. Please see ACRA's website for more details.