Salary.sg Forums

Originally Posted by Unregistered

In orange now and friends in blue and yellow. No news of this revised salary. Source???

Originally Posted by Unregistered

There is an identified difference between those who took pre admission course and those who took the scaq

1) the membership number difference. The new ones start with “0” while the old ones start with “7” or “8” series. So when employer ask for your membership cert, they can identify which scheme you were under.

2) the old ones not eligible for all the membership agreements with foreign professional bodies. So if you want work overseas you will have a problem.

as much as I also want to take the new one, it is not feasible for someone my age already.

Originally Posted by Unregistered

I am SCAQ candidate.

If next time I want to go Scotland be PA via RMA, must I study the Scotland tax system?

Originally Posted by Unregistered

There is an identified difference between those who took pre admission course and those who took the scaq

1) the membership number difference. The new ones start with “0” while the old ones start with “7” or “8” series. So when employer ask for your membership cert, they can identify which scheme you were under.

2) the old ones not eligible for all the membership agreements with foreign professional bodies. So if you want work overseas you will have a problem.

as much as I also want to take the new one, it is not feasible for someone my age already.

Originally Posted by Unregistered

A decade old

Originally Posted by Unregistered

To me 2013 was just a few years ago so it feels quite weird to hear people call it the OLD.

It’s not that we are OLD, it’s that you are YOUNG.

Originally Posted by Unregistered

Shiok lor

5-days workshop right?

CEO Fann Kor herself admit she is a 5-days workshop CA as compare to "5 x SCAQ paper ATO CA".

Originally Posted by Unregistered

There have been complaints from NTU, NUS, and SMU graduates regarding exemptions for CPA Australia members. However, ISCA seems to be addressing these concerns by introducing an Accelerated Pathway. Under this program, current undergraduate students from these universities can start tackling ISCA SCAQ papers early, completing two during their university years and then being exempted from two more upon starting work. This essentially means they only need to complete one Capstone paper after graduation, leveling the playing field for all.

ISCA's CEO, Fann Kor, acknowledges the challenges of balancing work and studies, which is why the Accelerated Pathway has been introduced. This initiative aims to streamline the qualification process, with future local graduates, CPA Australia, and possibly ACCA members all just needing to complete one Capstone exam.

However, there's still a discrepancy for graduates between 2013 and 2023 who must complete five papers under the old system. But they can benefit from exemptions, reducing their workload to just three papers.

In an effort to attract more members, ISCA should consider reverting to the old system of a five-day workshop and three years of experience, which would accommodate local graduates, ACCA, and CPA Australia members.

There are also discussions about the necessity of the ATO requirement, especially for companies where the finance department is not a significant part of operations.

While ISCA has signed RMAs and MRA with various international bodies, some of these agreements seem less practical, as professionals are unlikely to relocate due to tax system differences.

The recent introduction of the Accelerated Pathway seems to contradict ISCA's previous rules set in 2013, which required candidates to work full-time while studying for the SCAQ. This change allows undergraduates to complete two SCAQ papers during their university years, suggesting a shift in ISCA's approach.

In essence, ISCA is undergoing significant changes to its qualification process, aiming to accommodate a wider range of candidates while also addressing previous criticisms and challenges.