Accounting and Corporate Regulatory Authority

Accounting and Corporate Regulatory Authority
Agency overview
Formed	1 April 2004; 20 years ago
Preceding agencies	Registry of Companies and Businesses; Public Accountants’ Board;
Jurisdiction	Government of Singapore
Headquarters	55 Newton Road, #03-02 Revenue House, Singapore 307987
Agency executives	Ong Chong Tee, Chairman; Ong Khiaw Hong, Chief Executive;
Parent agency	Ministry of Finance
Website	www.acra.gov.sg

The Accounting and Corporate Regulatory Authority (ACRA) is a statutory board under the Ministry of Finance of the Government of Singapore. ACRA is the regulator of business registration, financial reporting, public accountants and corporate service providers. ACRA is also responsible for developing the accountancy sector and setting the accounting standards for companies, charities co-operative societies, and societies in Singapore. ACRA fosters a vibrant and trusted business environment that enables innovation and growth and contributes towards making Singapore the best place for business.

History

ACRA was formed on 1 April 2004 by the Accounting and Corporate Regulatory Act, which resulted in the merger of the then Registry of Companies and Businesses (RCB), and the Public Accountants’ Board (PAB). The merger was to synergise the monitoring of companies’ compliance with disclosure requirements,^[3] and the regulation of public accountants performing statutory audit.

Overview

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.

References

^ "Tan Ching Yee to chair Acra, among other board changes". 27 March 2018.
^ "Ong Khiaw Hong named new Acra chief". The Straits Times. 25 January 2017.
^ "Personal Tax Advice: Financial Advisory of Accountants". HQ Accountancy. Retrieved 2023-03-15.

External links

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[1] "Tan Ching Yee to chair Acra, among other board changes". 27 March 2018.

[2] "Ong Khiaw Hong named new Acra chief". The Straits Times. 25 January 2017.

[3] "Personal Tax Advice: Financial Advisory of Accountants". HQ Accountancy. Retrieved 2023-03-15.

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[2]

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v t e Statutory boards of the Government of Singapore
current	Accounting and Corporate Regulatory Authority Agency for Science, Technology and Research Building and Construction Authority Central Provident Fund Civil Aviation Authority of Singapore Civil Service College Competition and Consumer Commission of Singapore Council for Estate Agencies Defence Science and Technology Agency Economic Development Board Energy Market Authority Enterprise Singapore Government Technology Agency Health Promotion Board Health Sciences Authority Housing and Development Board Home Team Science and Technology Agency Infocomm Media Development Authority Inland Revenue Authority of Singapore Intellectual Property Office of Singapore ISEAS – Yusof Ishak Institute JTC Corporation Land Transport Authority Maritime and Port Authority of Singapore National Arts Council National Council of Social Service National Environment Agency National Heritage Board National Library Board People's Association Public Transport Council Public Utilities Board Sentosa Development Corporation Singapore Accountancy Commission Singapore Examinations and Assessment Board Singapore Food Agency Singapore Land Authority Singapore Tourism Board Sport Singapore Urban Redevelopment Authority Workforce Singapore
former	Agri-Food and Veterinary Authority of Singapore Casino Regulatory Authority Commercial and Industrial Security Corporation Infocomm Development Authority of Singapore International Enterprise Singapore Media Development Authority National Computer Board Nanyang Technological University National University of Singapore Post Office Savings Bank Public Works Department Singapore Broadcasting Authority Singapore Broadcasting Corporation Singapore Harbour Board Singapore Improvement Trust Singapore Telecommunications SPRING Singapore Telecommunication Authority of Singapore
See also: template: Government of Singapore

Agency overview

Formed	1 April 2004; 20 years ago (2004-04-01)
Preceding agencies	Registry of Companies and Businesses Public Accountants’ Board
Jurisdiction	Government of Singapore
Headquarters	55 Newton Road, #03-02 Revenue House, Singapore 307987
Agency executives	Ong Chong Tee, Chairman^[1] Ong Khiaw Hong, Chief Executive^[2]
Parent agency	Ministry of Finance
Website	www.acra.gov.sg

History

Overview

See also

References

External links