People – Our Ethics

Our clients’ experiences of our people’s performance are supported by other professional firms who have worked with our people. Here is what our accounting member in Sydney, Thomas Davis & Co (a 100 year old City firm of Chartered Accountants) have to say about Ee Ling and Clarissa Lee, both of whom worked for over 2 months in Sydney on staff secondment : Ee Ling is a very professional Accountant with a strong sense of responsibility who works with dedication and enthusiasm. (2008) Clarissa Lee helped us with the audits of several Public Unit Trusts with multi-million dollars of portfolios of Properties and Equities. (1998) Both Ee Ling and Clarissa Lee became Group Financial Controllers of public-listed Groups on the Singapore Stock Exchange. They served a total of 16 years with FTC.

The Management Associate Programme : FTC’s management associate programme aims to cover most of the competency experience requirements required by the ACCA (Approved Employer) and the ISCA (ATO) Qualifying Programme. The programme covers a working level experience needed in the area of corporate tax, expatriates tax, client’s accounting (including unaudited financial statements), client’s transaction services (including payroll), goods & services tax, assurance value-added services, and assurance-related services. This should take place at the same time as he/she studies for the ACCA or ISCA qualifications.

Ethical and Professional Standards form an Integral Part of the Employment Contract : All FTC directors and staff must comply with the Codes of Ethics set by ISCA, the Accountants Act, ACRA, ACCA, and ICAEW – summarised as the 5 fundamental principles :

Integrity – to be straightforward and honest in all professional and business relationships.

Objectivity- not to allow bias, conflict of interest or undue influence to override professional judgments.

Professional Competence and Due Care – to maintain professional knowledge and skill at the level required.

Confidentiality – respect the confidentiality of information acquired

Professional Behaviour – to comply with relevant laws and regulations

(A) ISCA ATO/ACCA/Others Practical Experience Mentoring & Certification of Practical Experience (B) (In-House Training, Discussions & Seminars and (C) External seminars and courses : The Company aims at providing all of these to maintain professional knowledge and skill at the required level.

Since 1999 to 2013 (validated to 2016), we have been awarded the ACCA Approved Employer (Gold Star) in recognition by the ACCA (the world-wide body of professional accountants) that training and  staff development in the firm approaches the best practices across all the key areas. This is a recognition of our substantial annual investment in continuous professional development courses and updates. We are continuously up-to-date through tax law courses conducted by the Inland Revenue Authority of Singapore, the Tax Academy, the Singapore Institute of Accredited Tax Professionals, the Academy of Law and the Institute of Singapore Chartered Accountants (formerly the Singapore Institute of Certified Public Accountants of Singapore).

 

Getting you to where you want to be