ISCA Proclaims Delivery of SCAQ Academy and Unveils Modern SCAQ Centre, Industry Files

A Hybrid Learning Model to Support Diverse Candidate Needs

The newly launched SCAQ Academy introduces a hybrid learning structure that combines online and in-person classes, catering to the varied preferences and schedules of candidates. This flexible approach allows students to attend sessions remotely from their homes or workplaces, making professional qualification more accessible to those balancing work and study commitments.

For candidates who prefer face-to-face interaction, the Academy offers in-person classes that facilitate direct engagement with tutors and foster peer camaraderie. This blend of learning modalities ensures that candidates receive comprehensive support tailored to their individual learning styles, enhancing their preparation for the rigorous SCAQ examinations.

This hybrid model reflects ISCA’s understanding of the evolving educational landscape and the diverse needs of modern learners, especially working adults who require flexibility without compromising the quality of education. By integrating technology with traditional classroom experiences, the Academy aims to create an inclusive and effective learning environment.

Strategic Partnership with LSBF Enhances Global Reach

ISCA’s collaboration with the London College of Industry and Finance (LSBF), a recognised Registered Learning Organisation (RLO) for the SCAQ, marks a strategic effort to extend the qualification’s accessibility beyond Singapore. LSBF’s expertise in delivering online education enables students worldwide to pursue the SCAQ programme, thereby expanding the reach of Singapore’s Chartered Accountancy qualification.

Mr. Rathakrishnan Govind, CEO of LSBF World, highlighted the partnership’s potential to nurture the next generation of Chartered Accountants equipped with skills to navigate the complex global business environment. This alliance is expected to provide over a thousand students with access to LSBF’s professional education resources combined with ISCA’s local expertise.

This global dimension not only benefits international candidates but also enhances Singapore’s standing as a hub for high-quality accountancy education. Through this partnership, ISCA reinforces its commitment to developing a globally competitive accountancy workforce, reflecting the interconnected nature of today’s financial and business sectors.

The SCAQ Centre: A Dedicated Space for Focused Learning and Community Building

Complementing the Academy, ISCA has inaugurated the SCAQ Centre located on the third floor of ISCA House in Singapore’s Central Business District. This centre is specifically designed to offer a conducive study environment for SCAQ candidates, featuring extended operating hours to accommodate working professionals with busy schedules.

The Centre serves multiple functions: providing a quiet space for individual study, hosting facilitated revision sessions led by experienced practitioners, and acting as a hub for networking, mentorship, and professional development events. By fostering a supportive community, the Centre aims to enhance candidates’ learning experiences and professional growth.

Operating from 6pm to 9pm on weekdays and 9am to 6pm on weekends, the Centre recognises the demands on adult learners who juggle work and study. It also hosts complimentary revision classes for alumni of local universities, further supporting continuous professional development and easing the transition into the Chartered Accountant profession.

This physical space is more than just a study venue; it is a social and professional nexus where candidates can engage in knowledge sharing, leadership discussions, and mentorship programmes. Such an environment is crucial in building camaraderie and providing emotional and intellectual support during the challenging qualification journey.

Supporting Candidates Through Financial Incentives and Tailored Services

To encourage participation and ease financial barriers, ISCA is offering a 50% discount on the SCAQ Foundation Programme fees for candidates sitting for selected modules in the upcoming June examinations. This initiative underscores ISCA’s commitment to making the qualification more accessible and supporting candidates throughout their certification journey.

Additionally, the SCAQ Centre provides complimentary revision classes for alumni of local universities, reinforcing ISCA’s role in facilitating continuous learning and professional readiness among aspiring Chartered Accountants.

These financial incentives and tailored services demonstrate ISCA’s holistic approach to candidate support, recognising that affordability and access to quality revision resources are critical factors in candidate success. By lowering financial hurdles and providing targeted academic support, ISCA aims to nurture a more inclusive and prepared cohort of future Chartered Accountants.

ISCA’s Vision for the Future of Chartered Accountancy

ISCA President Mr. Teo Ser Luck emphasized that the launch of the SCAQ Academy and Centre reflects the organisation’s dedication to adapting to the evolving needs of candidates. By offering flexible learning options and robust support systems, ISCA aims to empower individuals to successfully navigate the demanding path to becoming Chartered Accountants.

With over 36,000 members globally, ISCA continues to play a pivotal role in shaping the accountancy profession in Singapore and beyond. The new initiatives align with ISCA’s broader mission to advance the profession through innovation, accessibility, and collaboration.

ISCA’s efforts also complement its recent collaborations with Indonesia and the Philippines to support the accountancy profession in the region, highlighting its strategic vision to elevate standards and foster professional excellence on a global scale.

By providing comprehensive resources, nurturing talent, and fostering a vibrant community, ISCA is positioning itself as a leader in accountancy education and professional development in Asia and internationally.

What this means

The introduction of the SCAQ Academy and the dedicated SCAQ Centre represents a forward-thinking approach by ISCA to support aspiring Chartered Accountants in an increasingly complex and dynamic professional landscape. By combining flexible learning modes, global partnerships, and tailored support services, ISCA is setting a new standard for professional qualification and development in the accountancy field. These initiatives not only enhance accessibility and convenience but also foster a vibrant community that nurtures growth and excellence. As the profession continues to evolve, ISCA’s commitment to innovation and candidate support will be crucial in preparing the next generation of Chartered Accountants to meet future challenges with confidence and competence.