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The Management Development Institute of Singapore (MDIS), founded in 1956, is the oldest non-profit vocational university for lifelong learning in Singapore. [1] It offers a variety of degree programs such as business management, engineering, fashion design, nursing, mass communications, psychology and hospitality management. [2] [3] [4]
The Singapore Management University (SMU) is a publicly funded private university in Singapore. Founded in 2000, SMU is the third oldest autonomous university in the country, modelling its education after the Wharton School. [5] The university is triple accredited by AACSB, EQUIS and AMBA. In 2024, SMU was ranked 44th in the world for Business ...
The Accounting and Corporate Regulatory Authority (ACRA) is the regulator of business registration, financial reporting, public accountants and corporate service providers. ACRA's role is to monitor corporate compliance with disclosure requirements and regulation of public accountants performing statutory audit.
Workforce Singapore (WSG) is a statutory board under the Ministry of Manpower of the Government of Singapore.. During the worldwide COVID-19 pandemic in 2020, when many Singapore citizens and Permanent Residents lost their jobs due to the closure of businesses, Workforce Singapore played a vital part in career-coaching the people of Singapore into transitioning into essential industries.
Management accounting is an applied discipline used in various industries. The specific functions and principles followed can vary based on the industry. Management accounting principles in banking are specialized but do have some common fundamental concepts used whether the industry is manufacturing-based or service-oriented.
The Singapore Civil Service is the bureaucracy of civil servants that supports the Government of Singapore. Along with the Singapore Armed Forces (SAF), statutory boards, and other independent government bodies, the civil service makes up the overall public service of Singapore. [1] As of 2022, the civil service has about 87,000 employees. [2]
The CDAS was formed by the Ministry of Finance in December 2008 to undertake a review of the Singapore accountancy sector and profession. [7] The CDAS, chaired by Bobby Chin, chairman of the Singapore Totalisator Board and formerly managing partner of KPMG LLP Singapore, comprised members of the accounting profession, the business community, academia and the public sector. [7]
The MOF oversees 3 statutory boards, which are the Accounting and Corporate Regulatory Authority (ACRA), Inland Revenue Authority of Singapore (IRAS) and Tote Board. It also had 3 departments, the Accountant-General's Department (AGD), Singapore Customs [2] and VITAL.