Business Daily Media

Business Marketing


ISCA launches new "Do Good" initiative to champion corporate governance among TACs and charities

SINGAPORE - Media OutReach Newswire - 8 July 2024 - The Institute of Singapore Chartered Accountants (ISCA) has launched its pioneering "Do Good" initiative, which signifies ISCA's commitment to foster a culture of social responsibility and enhance corporate governance within Trade Associations and Chambers (TACs) and charity boards.

Announced in February this year, the Board of Directors (BOD) Masterclass Programme is an all-encompassing board training programme prescribed by the Singapore Exchange Regulation for first-time directors and existing directors to stay updated on complex corporate and business developments to discharge their responsibilities effectively. ISCA and SAC Capital will subsidise 50% of the BOD Masterclass programme for TACs and charity boards to enhance their corporate governance. This will benefit more than 2,000 registered charities (around 20,000 individuals) and more than 300 TACs in Singapore (around 3,000 individuals). The 50% subsidy will amount to potential cost savings of $6,540 per organisation, and up to $15 million in total for both sectors.

ISCA Distinguished Lifetime Member and former President of the Institute Dr Gerard Ee, who is a social service advocate with extensive experience in helming charity boards including the Charity Council and Beyond Social Services and serves as one of the mentors of the BOD Masterclass programme, shared his thoughts on the initiative. Dr Ee said: "I hope that this initiative will encourage more directors of non-governmental organisations across the sector. This will ultimately benefit the communities they serve."

The "Do Good" board package represents ISCA's unwavering dedication to promoting ethical leadership, transparency, and accountability within Singapore's non-profit sector. By equipping TACs and Charity Boards with the necessary knowledge and expertise to enhance corporate governance standards, ISCA aims to foster a culture of responsible stewardship and sustainable growth, ultimately benefiting the communities they serve. This will also help TACs and Charity Boards to avoid potential pitfalls in corporate governance, such as conflicts of interest, inadequate financial management, and weak internal controls.

ISCA President, Mr Teo Ser Luck, said: "We are pleased to introduce our 'Do Good' initiative, which reinforces our commitment to enhance corporate governance standards among TACs and charities. We hope that our subsidies on the BOD Masterclass Programme will go a long way in empowering more boards with essential skills to not only thrive, but to also serve their communities responsibly."

Commissioner of Charities, Mr Desmond Chin, said: "ISCA's 'Do Good' initiative will help to uplift governance standards within Singapore's charities sector. This initiative will help charities to access essential Board training and mentorship opportunities, which will in turn enhance their capacity to serve the community better."

President of the Association of Small and Medium Enterprises (ASME), Mr Ang Yuit, said: "We are heartened by ISCA's support for our TACs to enhance the corporate governance competencies and professionalism of industry veterans, professionals and volunteers who have stepped forward to serve on councils. ISCA's BOD Masterclass Programme for ASME Executive Council members will strengthen the effectiveness of our governance practices."

TACs and charities who are keen to find out more about the "Do Good" board package can visit
Hashtag: #ISCA #Accountancy #Accounting #DifferenceMakers #DoGoodinitiative #CorporateGovernance #BoardTraining

The issuer is solely responsible for the content of this announcement.

Institute of Singapore Chartered Accountants

The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore with over 36,000 ISCA members making their stride in businesses across industries in Singapore and around the world. ISCA members can be found in over 40 countries and members based out of Singapore are supported through 12 overseas chapters in 10 countries.

Established in 1963, ISCA is an advocate of the interests of the profession. Complementing its global mindset with Asian insights, ISCA leverages its regional expertise, knowledge, and networks with diverse stakeholders to contribute towards the advancement of the accountancy profession.

ISCA administers the Singapore Chartered Accountant Qualification programme and is the Designated Entity to confer the Chartered Accountant of Singapore – CA (Singapore) – designation.

ISCA is a member of Chartered Accountants Worldwide, a global family that brings together the members of leading institutes to create a community of over 1.8 million Chartered Accountants and students in more than 190 countries.

For more information, visit .

News from Asia

Vietnamese EV Maker VinFast Sets Course for the Middle East

HANOI, VIETNAM - Media OutReach Newswire - 10 July 2024 - VinFast, a pioneering Vietnamese electric vehicle (EV) manufacturer, is making waves on the global stage with its meteoric rise...

XM Studios partners HIDDEN to deliver new art collectibles experience

Strategic alliance between two Singapore companies aims to build an engaged community of luxury art collectors, comic fans and lovers of pop culture. SINGAPORE - M...

Vantage Data Centers Opens First Taipei Facility

16MW data center will support hyperscale demand; company hosts grand opening ceremony to celebrate milestone TAIPEI, TAIWAN - Media OutReach Newswire - 11 July 2024 - Vantage Data Centers, a leadi...

NetApp Expands Intelligent Data Infrastructure Capabilities to Power Strategic Cloud Workloads

New capabilities empower customers to run data-intensive workloads like GenAI and VMware environments more easily SINGAPORE - Media OutReach Newswire - 11 July 2024 - NetApp® (NASDAQ: NTAP), the i...

The 13th Canon x McDull Inter-school Ink Cartridge Recycling Award Presentation Ceremony

HONG KONG SAR - Media OutReach Newswire - 11 July 2024 - Canon Hongkong Company Limited (Canon Hong Kong) successfully held the "13th Canon x McDull Inter-school Ink Cartridge Recycling Award Pre...

Nishan Forum bridges civilizations through dialogue and exchange

QUFU, SHANDONG - Media OutReach Newswire - 11 July 2024 - In 2021, during the China-Greece Year of Culture and Tourism, a sculpture titled "Divine Encounter" was placed at the foot of the Partheno...

Prime Day Returns with Amazing Deals for Amazon Singapore Prime Members from 16 to 21 July

Prime members can expect incredible savings including up to 70% off books for all ages, and deep discounts of at least 50% off on brands like Acer, Lenovo and Owala...

DHL Global Forwarding announces new President Director for Indonesia

Nicholas Bongsosartono takes on the leadership role at DHL Global Forwarding Indonesia JAKARTA, INDONESIA - Media OutReach Newswire - 11 July 2024 - DHL Global Forwarding, the freight...

Higher for longer interest rate environment continues to benefit banks’ profitability in 2024, KPMG report finds

Banks must stay ahead of technology development and climate risks to thrive in fast-changing HONG KONG SAR - Media OutReach Newswire - 11 July 2024 - Banks in Hong Kong saw moderate balance sheet...

'Medlab Asia & Asia Health 2024' Grand Opening Under Concept ‘International Healthcare Week’

Expected to generate value over 1.64 billion baht for medical laboratory and healthcare. BANGKOK, THAILAND - Media OutReach Newswire - 10 July 2024 - Informa Markets launched "Medlab Asia & A...

Will Queensland’s Granny Flat Laws Solve the Housing Problem?

Queensland’s new Granny Flat rental laws aim to ease the housing crisis – but will they? Relaxing laws around renting out your granny flat has lan...


Best Ways to Sell Real Estate Online

In today's digital age, selling property has never been easier or more convenient. With the vast array of online platforms and tools available, yo...


Living in Central Coast NSW: Pros and Cons

Central Coast NSW is one of the most beautiful regions in Australia, with stunning beaches, national parks, and a laid-back lifestyle. However, li...


What You Should Know About Display Homes

Do you intend to purchase or develop a home soon? If so, you're undoubtedly seeking for builders who can turn your thoughts or dreams into reality...


5 Mistakes of Online Stores Solved by Sales Automation

#1 Recordkeeping is done in office programs (like Excel) Let’s suppose that you own a small online store with some 20-30 items in the assortment...

Business Training

How good is a solar system with an east-west orientation?

It is well known that a south-facing photovoltaic array produces the most yield. But what does it look like when your house roof is not aligned that...