SINGAPORE -
Media OutReach Newswire - 3 July 2026 - The Institute of Singapore Chartered Accountants (ISCA) launched
Life & Money Matters, a nationwide community initiative
that aims to help Singaporeans make informed financial decisions with
confidence throughout every stage of life.
The initiative will be administered by ISCA Cares, ISCA's charitable
arm, which has spent more than a decade supporting the community through
bursaries, mentorship and outreach programmes. Building on this strong
foundation, Life & Money Matters expands ISCA Cares' community
impact by mobilising the knowledge and expertise of the accountancy
profession to help Singaporeans build practical financial capability and
long-term resilience. This reflects ISCA Cares' strategic shift from
"giving" to "enabling", expanding its community impact through the
knowledge and expertise of the accountancy profession.
Every major life decision carries a financial dimension, whether it is
pursuing further education, entering the workforce, starting a family,
purchasing a home, caring for ageing parents or planning for retirement.
As financial decisions become increasingly complex, Life & Money
Matters seeks to equip Singaporeans with practical knowledge and
decision-making skills to navigate these milestones with greater
confidence.
The initiative will bring together ISCA members and accounting and
finance professionals to volunteer their expertise in communities across
Singapore. Through a combination of digital learning resources and
community workshops, participants will gain practical guidance on
everyday financial topics such as budgeting, managing financial
trade-offs, planning ahead, recognising financial scams and building
long term financial resilience.
Unlike traditional financial literacy programmes, Life & Money
Matters focuses on helping individuals make better financial decisions
throughout their life, rather than by promoting financial products or
investment strategies. The programme is designed to be practical,
impartial and accessible, supporting Singaporeans from different age
groups and backgrounds, including students, young adults, families,
seniors and vulnerable households.
Mr Lee Boon Teck, President of ISCA, said: "Every life decision has a
financial dimension. As trusted finance professionals, accountants have a
responsibility not only to support businesses but also to contribute to
society. Through Life & Money Matters, we hope to empower
Singaporeans with the confidence to make better financial decisions
while giving our members a meaningful platform to use their expertise in
service of the community. By strengthening financial capability, we can
also strengthen households and build more resilient communities."
Life & Money Matters will be rolled out progressively in the
second half of 2026 through partnerships with community organisations,
schools, grassroots organisations and other stakeholders.
ISCA recognises distinguished contributions to the profession
At the ISCA Annual Dinner, ISCA also recognised distinguished
individuals whose leadership and contributions have made a lasting
impact on Singapore's accountancy profession, business community and
public service.
ISCA Honorary Membership, was conferred on
Mrs Tan Ching Yee in recognition of her outstanding
contributions to Singapore's accountancy profession, public
administration, corporate regulatory ecosystem and national development.
Mrs Tan said: "I am deeply honoured to receive the ISCA Honorary
Membership. I am grateful for the recognition. I share this honour with
the many colleagues and partners I have had the privilege to work with
over the years in support of Singapore's accountancy profession and
broader public interest. I hope to continue contributing to the
profession's development."
The
ISCA Distinguished Lifetime Membership was conferred on
Mr Phillip Tan in recognition of his longstanding contributions to the accountancy profession, business community and public service.
Mr Tan said: "I am honoured to receive the Distinguished Lifetime
Membership from ISCA. I am humbled by this recognition and I am grateful
for the opportunity to have contributed to the profession along with my
fellow colleagues and partners over the years. I recognise and commend
ISCA's work in ensuring that professional judgement, ethics and trust
remain at the core of professional accountants in Singapore and I hope
to continue sharing my expertise with the profession for many more years
to come."
ISCA also presented the
Special Appreciation Award to the
ISCA Strengthening Small and Medium Practices Taskforce for its
leadership in developing a strategic roadmap to strengthen Singapore's
small and medium sized accounting practices through extensive
stakeholder engagement and industry collaboration.