News

We have achieved ATO accreditation!

 

“K” LINE PTE LTD is now accredited as an ATO under the Singapore Chartered Accountant Qualification (SCAQ) framework and is authorised for the next three years (ATO status expiry date of 25 October 2027) to train SCAQ candidates in their journey towards achieving the CA (Singapore) designation.

Thank you to all the accounting staff that made this possible.

 

See ATO details: Accredited Training Organisations

The ATO’s Role

  • Identify the training and development needs of the Candidate
  • Provide development opportunities for Candidates
  • Monitor and review development activity

Training Principal

The ATO appoints a Training Principal who will supervise the training of Candidates, and determine if Candidates have reached the required standard.

The Training Principal will be responsible for:

  • Gaining, complying with and maintaining Singapore CA Qualification ATO status
  • Acting as the first point of contact with ISCA
  • Delivering Singapore CA Qualification training within the organisation
  • Ensuring that there are appropriate resources to support Candidates’ training
  • Administering the Training Agreements with Candidates
  • Approving and assigning Approved Mentors for Candidates
  • Confirming the Candidate’s fulfilment of the Practical Experience requirements

Approved Mentor

The Approved Mentor will review the Candidates’ Record of Practical Experience and Competence (RPEC). The RPEC form can be found in the Candidate’s Portal.

An Approved Mentor will be:

  • contractually employed by an ATO. There may be exceptional cases for an External Mentor;
  • a senior staff with knowledge of the Candidate’s work and training undertaken; and
  • a member of a professional accountancy body that is recognised by IFAC with at least 3 years of post-professional qualification experience.

An Approved Mentor will need to:

  • have an interest in developing Candidates and discuss training issues;
  • carry out 6-monthly reviews with the assigned Candidates to ensure that they are able to achieve the requirements of a Chartered Accountant of Singapore. These include:
    • progress of study
    • time spent on Practical Experience
    • action plans from professional development workshops
    • professional development
    • ethical issues and training
    • career development

It is important to note that:

  • the Approved Mentor does not need to be the Candidate’s line manager but must have access to the line manager and work undertaken by the Candidate;
  • an Approved Mentor should not be responsible for more than 8 Candidates to ensure that adequate counselling is given to each Candidate on personal and professional development.

 

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