Funding Support is available for ATOs who sponsor or reimburse the course fees to the employees undertaking the Singapore CA Qualification (Foundation) and/or Singapore CA Qualification. Criteria and eligibility are set out for each funding scheme.
For further clarification, please contact the following:
|Reference Number||Course Name|
|CRS-N-0032931||Singapore CA Qualification Technical Module - Financial Reporting|
|CRS-N-0032930||Singapore CA Qualification Technical Module - Assurance|
|CRS-N-0032929||Singapore CA Qualification Technical Module - Business Value, Governance and Risk|
|CRS-N-0032928||Singapore CA Qualification Technical Module - Taxation|
|CRS-N-0032927||Singapore CA Qualification Technical Module – Integrative Business Solutions|
Course Fees Subsidies for Singapore CA Qualification Candidates for 6th intake onwards
(Singapore Citizens and Permanent Resident, sponsored by ATOs)
|Certifiable Course Approved by WDA||Small-and-Medium Enterprise (SME)||Non- Small-and-Medium Enterprise (SME)|
|Singapore CA Qualification||90% of course fees, capped at $50/hour for PME level courses||50% of course fees, capped at $15/hour for PME level courses|
Application for Training Grant
ATOs can submit training grant application up to 30 days before the course start date and no later than 30 days after course start date. Submission of Training Grants claims must be submitted no later than 120 days after course end date.
• Candidate(s) must have achieved at least 75% attendance
• Candidate(s) must have sat for and passed the examinations
Productivity and Innovation Credit (PIC) Scheme
P-Max seeks to help SMEs to better recruit, train, manage and retain their newly-hired PMEs, encourage the adoption of progressive human resource practices within SMEs, and help to place job-seeking PMEs into suitable SME jobs. Under the P-Max programme, our Programme Managers (ASME, SNEF and SMF) can help to place PMEs into SMEs. To improve retention rates, both the freshly hired PME and his/her direct supervisor would be required to attend a training programme each (funded at up to 90% of the course fees) where they will learn about setting KPIs, doing appraisals, charting career progression etc. Thereafter, the PM would work with the PME and his/her direct supervisor for a period of 6-month to help improve the employer-employee relationship. If the PME is successfully retained for 6 months, the company will receive a one-time assistance grant of $5,000.
Please feel free to contact any of Programme Managers for P-Max if you would like to participate in this scheme:
Tel: 6513 0349 / 0350
Tel: 6827 6977
Tel: 68263051 / 68263076
SkillsFuture Study Award for Singapore CA Qualification and Singapore CA Qualification (Foundation)
Singaporeans with at least 3 years of work experience in the Accountancy sector
Committed to deepening skills in the sector
Has track record of contributing to learning and training of self and/or others
Must provide proof of admission to the selected course of study
Employers’ nominations are highly encouraged. Employers should provide reasons for nomination, details of nominee’s work performance and potential for advancement in the company/sector, and explain how the course of study will help nominee fulfil current and future job requirements
Individual applicants should preferably provide a letter of recommendation or testimonial from current or former employer
Preferably working in an Accredited Training Organisation (ATO) under the Singapore CA Qualification (For the list of ATOs, please click here)
Not a previous recipient of any SkillsFuture Study Award
Course Commencement Period Application Period for SkillsFuture Study Award
1 Jan 2017 to 30 Jun 2017 1 Oct 2016 to 30 Nov 2016
Evaluation of applications will take about 8 weeks after the respective closing dates. Shortlisted applicants will be notified.
For more information on the different funding schemes, please download the Funding and Subsidies guide.