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THE INSTITUTE OF COMPANY ACCOUNTANTS, SINGAPOREUEN S79SS0005F Registered Office: 5001 Beach Road #06-11 Golden Mile Complex, Singapore 199588 Tel: 62962500 Fax: 62964238 Email: FooJH@yahoo.com
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HISTORY
The Institute of Company Accountants Singapore (IComA) was registered under the Societies Act (Cap 11) in year 1979 as a Branch of The Institute of Company Accountants incorporated in England in year 1928. It was reconstituted as an independent professional institution in year 2000.
GENERAL
The Institute of Company Accountants, Singapore (IComA) is a professional body for accountants. It is a great pleasure to welcome you to our website, and we invite you to look around and explore. For accounting professionals, IComA is set up to look into your needs and interests. It also serves as a platform for you to participate, contribute and learn from the various talks/activities organised. It is also an avenue for you to network, interact and relate your work experience with your peers. For accounting students, we hope this gives you the impetus to progress and develop your chosen career. This is where you will also pick up invaluable tips and learn from those already in the profession.
For employers/organisations, IComA believes in working with you to promote to enhance the accounting professionals’ skills and position in the context of modern management. We look forward to your views and feedback, and if you have queries about the Institute please e-mail us and we will reply as soon as possible.
Currently we are the professional partner of the Accounting and Corporate Authority (ACRA) and actively participated in the regular dialogue sessions on various issues faced by the accounting profession.
Dr. Tan Poi Sik
President
The Institute of Company Accountants, Singapore
A MODERN PROFESSION
Although accounting activities may be traced back at least as far as the Pharaohs, double-entry and book keeping has probably been in use for over seven hundred years, professional accountancy is scarcely more than a century old – and its evolution has been directed to meeting the needs of public practice and auditing, not of commerce.
Only in very recent years has it become appreciated that the functions and responsibilities of the accountant in the industry and commerce are fundamentally different from those of the accountant in practice. He is concerned with the future rather than the past, with economics rather than with law, and with management rather than with auditing; above all, he is intimately involved in the affairs and fortunes of one business rather than in certain limited aspects of many. He must therefore be a specialist, trained in business for business, devising systems for recording, analysing and presenting the information which management requires if it is to reach rational decisions.
Now that his contributions to efficiency and productivity are more widely recognised, he is often found as an important member of the management team. Commercial accountancy is a most attractive profession, open to all who are prepared to develop their accounting skills and their knowledge and experience of business administration and so to qualify them for a challenging and rewarding career. organisation in Singapore which exists solely to further the interests of accountants employed in whose responsibilities are not limited to any one particular facet of accountancy but who are qualified for financial management in its widest sense.
A PROFESSIONAL ORGANISATION
The Institute is the only organisation in Singapore which exists solely to further the interests of accountants employed in industry and commerce whose responsibilities are not limited to any one particular facet of accountancy but who are qualified to assume responsibility for financial management in its widest sense.
THE AIMS AND OBJECTS OF THE INSTITUTE:
– To provide an Institute for accountants and financial officers in the employment of companies, public bodies and other industrial and commercial organisations.
– -to separate and keep quite distinct the two professions of the company accountant and public auditor.
– to elevate and protect the status of the company accountant, to advance the interests of the profession and to promote honourable conduct.
– to secure the highest professional standards by admitting membership to those who qualify and who have appropriate practical experience.
MEMBERSHIP
The Membership is open to qualified members of professional accountancy bodies recognized under the Accountants Act and/or the Companies Act. Fellows and Associates are designated as FICA and AICA respectively as stated in our Constitution.
PROFESSIONAL STANDING
Being a registered member of The Institute of Company Accountants, Singapore is a:
– Qualified Secretary in pursuant to Section 171(1AA)(c) of the Companies Act (Chapter 50)
– Prescribed Person under Section 6 of the Companies (Filing of Documents)(Amendment) Regulations 2003
– Prescribed Person under the Business Registration Act (Chapter 32)
– Prescribed Person under the Limited Liability Partnerships Regulations 2005
– Prescribed Person under the Limited Partnerships Regulations 2009
ETHICS AND DISCIPLINE
All Members are to observe the standard of professional conduct pursuant to the Constitution. If members fail to do so they will be subject to disciplinary action, for example, reprimands to removal from the register of members, etc. depending on the severity of the misconduct. High level of technical competence is demanded as well as a commitment to continuing professional education.
EXECUTIVE COMMITTEE MEMBERS (2013–2014 Term)
President – Dr. Tan Poi Sik
Vice President – Mr. Ho Kim Sai
Hon. Secretary – Mr. Tommy Loke
Hon. Treasurer – Mr. Victor Chan Wing Kwong
Committee Member – Mr. Lawrence Chee
Committee Member – Mr. Foo Jeang Heang
Committee Member – Mr. Richard Koh
Committee Member – Mr. Wee Zui Kuan
JOIN US
APPLICATION FOR MEMBERSHIP
Download the Membership Application Form. Complete it and mail to:
The Honorary Secretary
The Institute of Company Accountants, Singapore
5001 Beach Road #06-11
Golden Mile Complex
Singapore 199588
Note:
- Print out the form and complete it. It must be signed by the applicant.
- Colour Photo of the applicant must be attached.
- If you are introduced by a Member or Fellow of IComA, please ask him/her to sign on the application form.*
- Attach a copy of your Certificates or relevant documents as required together with payment to our secretariat office.
CONTACT FOR FURTHER INFORMATION
For information regarding membership may be obtained from:
The Honorary Secretary
The Institute of Company Accountants, Singapore
5001 Beach Road #06-11
Golden Mile Complex
Singapore 199588
If there are any enquiries, you may contact us at the following number:
Tel: 6296 2500
Fax: 6296 4238