Singapore Government

Recommendation 8

Strategic Thrust 3: Strong Accountancy Sector’s Infrastructure and Institutions.

To transform the ICPAS into a professional accountancy body with global membership, outlook and standing. Two strategic areas have been identified to enable the ICPAS to move towards the achievement of this goal:

(a) Reviewing its Constitution – A comprehensive independent study of the ICPAS Constitution should ensure its relevance and alignment with ICPAS’ mission as the national professional body and that the ensuing governance and leadership structure and system are consistent with that of a professional accountancy body with a global membership, outlook and standing; and

(b) Reviewing its Infrastructure – A study of the ICPAS’s existing processes and systems to ensure that they support the vision of the ICPAS becoming a professional accountancy body with a global membership, outlook and standing. This includes refocusing the strategic direction of the Singapore Accountancy Academy as that of a leading professional development centre which meets the needs of its members and the accountancy sector.

Read CDAS’ 7th recommendation.
Read CDAS’ 9th recommendation.
Download the complete CDAS final report.

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