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Institute news
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ICPAS unveils a new eNewsletter, CPA Singapore Wire, in the new year! Last Update - 06/01/2009
| Not only is this revamped weekly eNewsletter brimful of the latest News and Events from the Institute and the accounting and finance arena, it now carries a Feature on topical issues. An Online Poll has been added to gauge popular sentiment and track market trends on pertinent business issues. Members who have been seeking Career and E-Learning opportunities through the old ePublication may continue to do so as the Institute positions itself as the gateway to personal development and upgrading.
With a dynamic and user-friendly layout to reach out to an even wider audience, it incorporates exciting Member Activities and Privileges, making it a truly comprehensive and engaging read.
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Choosing between the above-the-fold leaderboard and skyscraper on the right-hand side, you will be speaking directly to over 16,000 ICPAS members and/or CPAs Singapore, allowing your company to gain much visibility and response from these key decision makers in the accounting and finance industry.
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ICPAS Spread Festive Cheer at its Annual Christmas Outing Last Update - 09/12/2008
| Sixty elderly beneficiaries from the Lions Befriender Service Association (Singapore) were treated to a Christmas outing and set dinner organised by ICPAS’ Community Service Committee (CSC) on Wednesday, 3 December 2008. This welfare organisation cares for and assists the elderly in coping with the demands of daily living.
Senior citizens residing in the Aljunied, Eunos and Hougang estates enjoyed a leisure bus ride down Orchard, going past Tanglin Mall and Ngee Ann City before cruising by Raffles City Shopping Centre and the Esplanade, admiring the dazzling Christmas light-up and soaking up the atmosphere.
They were then served a sumptuous eight-course Chinese dinner at NUSS Kent Ridge Guild House and watched a lively musical band performance by ICPAS member, Mr Paul Low and his friends. CSC member, Mr David Loh, also engaged everyone with a remarkable guitar solo and CSC Chairperson, Ms Wong Lai Yong, took to the stage to lead the Committee in belting out several Christmas carols to ring in the merrymaking season.
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ICPAS Council Members appointed as members on CDAS Last Update - 01/12/2008
| Dr Ernest Kan, Mr Kon Yin Tong, Mr Sitoh Yih Pin and Professor Pang Yang Hoong were appointed to the Committee to Develop the Accountancy Sector (CDAS) by Ministry of Finance on 1 December. The Committee has been set up to undertake a fundamental review of the accountancy sector, with the aim of positioning Singapore as the leading international centre in Asia for accountancy services and professionals. The Committee comprises leading members of the accounting profession, the business community, academia and the public sector and will be headed by Mr Bobby Chin, currently Chairman of the Tote Board (Singapore Totalisator Board) and formerly Managing Partner of one of the leading accounting practices in Singapore.
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ICPAS Welcomes Clara Pang as the 20,000th Member Last Update - 17/10/2008
| ICPAS signed on its 20,000th member, Ms Clara Pang in September, a milestone for the Institute. ICPAS’ membership has now surpassed 20,000.
ICPAS has experienced continued growth in its membership adding more than six thousand members since 2000.
As the benchmark of the accounting profession, the Certified Public Accountants of Singapore (CPA Singapore) designation is widely recognised. ICPAS members and/or CPA Singapore are well sought after in businesses not only in Singapore but overseas too. The Institute has more than a thousand members globally currently.
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New Subsidy Scheme for Tax Agents Last Update - 20/10/2008
| Tax agents play an important role in facilitating tax compliance and providing valuable inputs for policy formulation. To play the role well, tax agents need to be firmly grounded in tax principles essential for compliance work and advisory work.
To encourage all tax agents to continually upgrade their technical competency so that they can continue to provide quality tax service for their clients, the Tax Academy of Singapore has rolled out a subsidy scheme for tax agents who attend structured tax trainings at the Academy from 1 Jan 2009.
Inland Revenue Authority of Singapore will subsidise 50% of the course fees for the Basic and Intermediate Tax courses offered by the Tax Academy. The subsidy scheme by IRAS is offered to tax agents from tax agent firms with 50 staff or less in the tax departments. In-house tax professionals will not qualify for the subsidy. Visit www.taxacademy.sg for details on the scheme.
For ICPAS members, ICPAS will subsidise 15% of the course fees. This means that tax agents from firms with 50 staff or less in their tax departments and who are ICPAS members will enjoy a subsidy of 65% of the course fees.
"The Institute is pleased to support the Tax Agent Education Framework initiated by the Tax Academy of Singapore to empower tax agents with the knowledge and tools to deliver greater value to their clients. ICPAS believes that a robust tax community hinges on the competence, quality and effectiveness of tax agents. It is therefore in the interest of every agent to be armed with the current and best practices especially in this increasingly complex world,” said Mr Tan Boen Eng, ICPAS President.
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National Day Honours 2008 Last Update - 08/09/2008
| ICPAS would like to extend its congratulations to the following members for having been conferred the National Day Honours 2008 awards by the Singapore Government.
The Public Administration Medal (Bronze)
[Pingat Pentabiran Awam (Gangsa)]
Mrs Tan Lee Fong May
Bursar, Anglo-Chinese School (Independent), Ministry of Education
Ms Ee Yuen Hui
Senior Manager, Finance, Singapore Examinations and Assessment Board
The Public Administration Medal (Bronze)
[Pingat Pentabiran Awam (Gangsa)]
Mdm Tee Poh Lian
Deputy Director, Government Collections & Refunds, Government Collections & Refunds Division, Land Transport Authority
Miss Low Yin Fong
Director, Banking Supervision Department, Monetary Authority of Singapore
The Commendation Medal
[Pingat Kepujian]
Ms Lou Wai Ling
Group Tax Specialist (Banking), Corporate Tax Division, Inland Revenue Authority of Singapore
The Public Service Medal
[Pingat Bakti Masyarakat]
Mr Teo Choon Kow, William
Chairman, Anchorvale CCMC
Dr Kan Yaw Kiong, Ernest
Chairman, Punggol North CCC
Mr Ho Nai Chuen
Chairman, Tanjong Pagar CCC
Mr Willie Cheng Jue Hiang
Board Member, SPRING Singapore
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