Chartered Accountants Ireland signs Mutual Recognition Agreement with Singapore Institute

Nov 20, 2017

Agreement follows landmark MRA with US CPA bodies

Chartered Accountants Ireland is pleased to announce the signing of a Mutual Recognition Agreement with its counterpart in Singapore, the Institute of Singapore Chartered Accountants (ISCA) today (Monday 20 November 2017). The MRA will enhance the global portability and international stature of the Chartered Accountant designation, and follows on the recent renewal of our recognition agreement with the biggest professional accountancy bodies in the USA.

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The MRA was signed on Sat 18 November by Mr Barry Dempsey, Institute Chief Executive with Mr Lee Fook Chiew, Chief Executive Officer of ISCA and  at a Chartered Accountants Worldwide global meeting in Brussels.

Both ISCA and Chartered Accountants Ireland are members of Chartered Accountants Worldwide, a global body which brings together 12 chartered accountancy bodies connecting and representing the interests of over 1.7 million members and students globally.

Commenting on the signing of the agreement with the Singapore Institute, Chartered Accountants Ireland President Shauna Greely said:

“On behalf of my fellow members across the globe, I welcome the announcement of this important recognition agreement with ISCA in Singapore.  For Irish Chartered Accountants, this agreement with ISCA further underlines the international credentials of the Irish Chartered Accountancy qualification, and will facilitate our members to progress their careers in one of the most exciting and dynamic of financial hubs, not only in Asia but anywhere in the world."

Dr Gerard Ee, President of ISCA, said, “The RMA with Chartered Accountants Ireland further enhances the career mobility of Chartered Accountants of Singapore and reinforces ISCA’s position as a globally recognised professional accountancy body. ISCA members who have completed the Singapore CA Qualification can now attain Chartered Accountants Ireland’s Chartered designation, in addition to the chartered accountancy designations conferred by ICAEW and ICAS. The MRA is also in line with our strategy to better prepare members for the future economy, as the business environment becomes increasingly globalised.”

ISCA is the designated entity to confer the CA (Singapore) professional designation. Presently, ISCA has over 32,000 members.

ENDS

Reference:  Bryan Rankin, Marketing Manager, Chartered Accountants Ireland, T: +353 1 637 7268

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