05 Aug 2009

Australia’s largest accounting body, CPA Australia today signed a landmark Memorandum of Understanding (MOU) with the Tax Academy of Singapore, the training arm of the Inland Revenue Authority of Singapore (IRAS).

The agreement seals the launch of the new Singapore Taxation segment which has been incorporated into the professional level of the CPA Program. The MOU signing manifests a shared commitment towards the development of professional and competent tax practitioners in Singapore and the broader tax community. 

“This agreement is a significant milestone and demonstrates CPA Australia’s commitment to delivering a highly valued and global designation with the capacity to specialise to meet the needs of businesses throughout the world,” said Richard Petty, President of CPA Australia.

“It accords with CPA Australia’s exciting new vision to be the global professional accounting body for strategic business leaders,” Professor Petty said.

Mrs Chia-Tern Huey Min, CEO of Tax Academy of Singapore noted, "The Tax Academy of Singapore seeks to promote tax education.  We are pleased to design the new Singapore taxation course for CPA Australia. Singapore being the first partner country into which CPA Australia is launching a local tax programme, this collaboration also underscores the confidence in the high standards of tax education that the Academy can deliver."

“In Singapore, we are very proud to be in partnership with the Tax Academy of Singapore – a regional knowledge hub that seeks to bring together local and international tax practitioners, tax administrators, researchers and academia to engage in high quality education and professional development.” said Mr Chaly Mah, President of Singapore Division, CPA Australia and CEO, Deloitte Asia Pacific.

“We are confident that our CPA Program candidates can look forward to acquiring a leading edge specialised training in the area of Singapore Taxation. This specially tailored Singapore taxation segment in the CPA Program will enable our graduates be more relevant and better prepared as they enter the workforce.” Mr Mah said.

Tax Academy of Singapore