[2] The Singapore Government has plans to develop Singapore into a global accountancy hub, as outlined in recommendations by the Committee to Develop the Accountancy Sector (CDAS).

With the Ministry of Finance having approved CDAS' recommendations, plans are underway for ISCA to transform into a global professional accountancy body.

ISCA shall also be administering a post-graduate accountancy qualification programme that shall connote global recognition, international portability and an “Asian market value factor”.

As the accountancy sector continues to develop, ISCA shall provide the support that will propel Singapore's growth as a global accountancy hub.

[citation needed] ISCA is a member body of the following international or regional organisations: