Official Notices
47 notices published
ACRA: 2026 Public Accountant Certificate Renewal via Bizfile from Dec 2025
ACRA requires public accountants to renew their 2026 certificate of registration via Bizfile from 1 December 2025, meeting CPE requirements and other criteria. Key obligations include 120 CPE hours over 2023-2025, with specific structured learning in core areas, and fees starting at $750. Late submissions face extensions, removal, or reinstatement processes.
Minister Rajah Highlights Accountancy Sector Progress at ISCA Conference 2025
Ms Indranee Rajah's speech at the ISCA Conference 2025 outlines progress on the Accountancy Workforce Review Committee's recommendations, including rising starting salaries, surging SCAQ enrolments, and new entry pathways from January 2026. The sector shows growth in talent pipelines, new capabilities like sustainability reporting, and global expansion, backed by ACRA's 2024 Accounting Entities Survey. Businesses benefit from a strengthening accountancy talent pool amid rising demand for risk management and green economy skills.
ACRA AE Survey 2025: Revenue Growth, Workforce Rise & SCAQ Enhancements
ACRA's Accounting Entities Survey 2025 reveals 7.5% revenue growth to $3.5B in 2024, led by audit services, with resident workforce expansion after 2020. The sector anticipates 1,500+ job opportunities and prioritizes skills in data analytics and ESG. Enhancements to SCAQ introduce new pathways for Accounting Diploma graduates.
ACRA's FY2025 Financial Statements Review Focus and Guidance No. 1
ACRA highlights uncertainties from evolving tariffs, trade disruptions, and climate risks impacting FY2025 financial reporting. Financial Reporting Practice Guidance No. 1 of 2025 outlines key areas for directors to review, including extended climate reporting timelines and upcoming standards. Companies must assess these factors in their financial statements.
ACRA Launches Business Profile API from 18 Nov 2025
ACRA is introducing a new Business Profile API within its Entity Information Query (EIQ) service, available from 18 November 2025. This API offers automated, real-time access to key business entity details such as UEN, entity name, and position holders. It benefits financial institutions, legal services, and investors by streamlining verification processes.
ACRA Issues Audit Practice Guidance No. 1 of 2025 on Tech-Driven Audits
ACRA has released Audit Practice Guidance No. 1 of 2025, titled 'Delivering Quality Audits in a Technology-Driven Environment,' addressing risks from AI, data analytics, and automation in audits. It guides Accounting Entities on strengthening their Systems of Quality Management (SoQMs) through better risk assessment and IT understanding. The guidance supports the audit profession's digital transformation.
ACRA Revises Audit Quality Indicators Framework with New Metrics
ACRA has enhanced its Audit Quality Indicators (AQIs) Framework following a 2025 review. Three new indicators—use of technology, culture survey, and restatements—have been added, alongside updates to the audit hours indicator. These changes aim to address emerging risks and meet evolving stakeholder expectations in the auditing landscape.