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| Income and Jobs Discuss jobs, career options and of course salaries |
Topic Review (Newest First)
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| Today 05:07 PM | ||
| Unregistered |
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What about the people who served 2.5 years NS? Or those of us who had to choose secondary school BEFORE the Psle results were released?I could have gone to a better school. Or those of us who took O levels mathematics without calculator? Or those of us who had to take Sec 5 cause last time no poly preparatory programme? What about the cohort that got to serve BMT from home during circuit breaker And the cohort that got to go university exchange with NO CAP on number of modules? But subsequent cohorts got cap, and covid cohort cannot even go exchange What about certain module that used to be graded then became S/U permitted? Why last time no need do ICC now need? wah I can list out many many more grievance relating to born too early / born too late man… |
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| Today 04:56 PM | ||
| Unregistered |
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| Today 04:55 PM | ||
| Unregistered |
I extracted the Timeline: September 2020 - Exemption for SCAQ Taxation Module a. NTU - Advanced Taxation (BL9305/BL5305) January 2023 - Exemption for SCAQ Financial Reporting Module b. NTU - Financial Reporting (Both Risk Reporting and Analysis (AC3102) + Accounting Analysis and Valuation (AC3103) April 2024 - Introduction of Accelerated Pathway Programme c. SCAQ module - Assurance (AS) d. SCAQ module - Business value, governance and risk (BG) Essentially, future undergraduate can clear 4 out 5 paper upon graduate |
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| Today 04:50 PM | ||
| Unregistered |
1. Current NTU Students, please do the following modules during your undergraduate course: a. Advanced Taxation (BL9305/BL5305) b. Financial Reporting (Both Risk Reporting and Analysis (AC3102) + Accounting Analysis and Valuation (AC3103) 2. Current NTU Students, please sign up as ISCA candidate and apply for Accelerated Pathway Programme (APP) and attempt the following 2 x SCAQ papers: a. Assurance (AS) b. Business value, governance and risk (BG) |
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| Today 04:43 PM | ||
| Unregistered |
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So ISCA did a half U-turn by introducing Accelerated Pathway Programme (APP) in 2024 and giving exemptions for "Financial Reporting in 2023" and giving exemption for "Tax in 2020" ? I extracted the Timeline: September 2020 - Exemption for Taxation Module January 2023 - Exemption for Financial Reporting Module April 2024 - Introduction of Accelerated Pathway Programme Benefits What are the Benefits of the APP? Under the APP, ISCA will sponsor the following SCAQ-related fees: - Annual SCAQ candidature fees till graduation from university. - Module exemption fees (for up to 2 modules). - One-time SCAQ module exam fees (except the IB module) for penultimate and final year students. - Complimentary revision classes for the Assurance (AS) and Business value, governance - and risk (BG) modules for enrolled students. Does it mean future undergrad will attempt 2 x SCAQ paper Assurance (AS) and Business value, governance - and risk (BG) during their uni day? |
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| Today 04:25 PM | ||
| Unregistered |
Im just disgusted by how the take away ppl rights after 20 years of education and says im sry u born too late. Fast forward to 2020 to 2024. They did a half uturn and tell ppl. Im sry u born too early. |
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| Today 04:21 PM | ||
| Unregistered |
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There is one guy who graduated to work as a bartender |
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| Today 03:55 PM | ||
| Unregistered |
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Which skill sets in audit make u relevant in investment banking? None Besides teh ability to tahan long OT with peanut pay |
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| Today 03:50 PM | ||
| Unregistered |
No leh don’t make sense to me to hold the people of today accountable for actions done by previous generations. That’s how some of the senseless conflicts in history happen. A organisation is just a construct and a label, it’s not a human. It’s so intangible. If I’m a member of the organisation, I also don’t think I will want to take responsibility for predecessor decisions. |
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| Today 03:47 PM | ||
| Unregistered |
We should hold ISCA as national accountancy body accountable for its decisions over time. While different management teams may have influenced the specific policies in 2013 and 2024, the national accountancy body as a whole is responsible for the outcomes of its strategies and decisions. Both the introduction of the SCAQ in 2013 and the policy shift in 2024 reflect decisions made under the umbrella of ISCA, demonstrating the national accountancy body's continuous influence over the trajectory of the accountancy profession in Singapore across different management teams. ISCA, as an national accountancy body, should be held accountable for strategic decisions that have shaped the trajectory of the accountancy profession in Singapore, demonstrating a problematic lack of consistency and foresight across its policy implementations. The introduction of the SCAQ in 2013, which dramatically increased the rigor and barriers to entry into the profession, appears to be a severe miscalculation. This policy not only led to a significant decline in the number of new chartered accountants but may also have isolated the profession from young, talented individuals who found the process daunting and disproportionately challenging. Fast forward to 2024, the significant policy shift to allow undergraduate students to clear two of the qualification paper before graduation and giving two exemption of the qualification paper to future graduates suggests a reactive rather than proactive organizational strategy. This abrupt change can be perceived as an attempt to quickly remedy the dwindling numbers of professionals, indicating a knee-jerk response to earlier policy failures rather than a well-thought-out evolution of standards. Such fluctuations in policy undermine ISCA’s credibility and reliability as a national accountancy body, suggesting a broader organizational failure to align long-term strategic goals with the dynamic needs of the global financial landscape and its local stakeholders. This pattern of decision-making raises concerns about the organization's governance and its ability to effectively guide the accountancy profession into the future. |
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