Merger of the Accounting and Corporate Regulatory Authority (ACRA), Singapore Accountancy Commission (SAC), and Accounting Standards Council (ASC) Secretariat
Accountants
Accounting entities
Public
Corporate updates
1 July 2021
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The Ministry of Finance will merge the accountancy-related units in the Accounting and Corporate Regulatory Authority (ACRA), the Singapore Accountancy Commission (SAC) and the Accounting Standards Council (ASC) secretariat into a strengthened accountancy function under one entity. ASC will remain as a Council appointed by the Minister for Finance.
More information is available in the press release at MOF's website.
