Accounting Education and Practice: The Singapore Experience

Publication Type

Journal Article

Publication Date

1994

Abstract

The rapid economic growth in Singapore over the last 3 decades has created a significant demand for accounting education and a need for a responsive professional accounting body to serve business and industry. A historical background of the development of accounting education and profession in Singapore is presented. The relationship between accounting education and practice is described to provide a better appreciation of the important role accounting plays in the economic growth and success of a nation. For historical reasons, corporate financial reporting practices and standard setting in Singapore are, to a large extent, patterned after the practices adopted in the UK and other Commonwealth countries.

Discipline

Accounting

Publication

The International Journal of Accounting

Volume

29

Issue

2

First Page

161

ISSN

0020-7063

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