The Accounting and Corporate Regulatory Authority (ACRA) is a
statutory board under the
Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance.
Lists of current ministries of finance
Named "Ministry"
* Ministry of Finance (Afghanistan)
* Ministry of Finance and Ec ...
of the
Government of Singapore
The Government of Singapore is defined by the Constitution of Singapore to mean the executive branch of the state, which is made up of the president and the Cabinet. Although the president acts in their personal discretion in the exercis ...
. ACRA is the regulator of business registration, financial reporting, public accountants and corporate service providers. ACRA also plays the role of a facilitator for the development of business entities and the public accountancy profession.
History
ACRA was formed on 1 April 2004 by the Accounting and Corporate Regulatory Act, which resulted in the merger of the then Registry of Companies and Businesses (RCB), and the Public Accountants’ Board (PAB). The merger was to synergise the monitoring of companies’ compliance with disclosure requirements and the regulation of public accountants performing statutory audit.
Overview
The Accounting and Corporate Regulatory Authority (ACRA) is the regulator of business registration, financial reporting, public accountants and corporate service providers. ACRA's role is to monitor corporate compliance with disclosure requirements and regulation of public accountants performing statutory audit. ACRA is both the registrar and regulator for corporate services.
See also
*
List of company registers
This is a list of official business registers around the world.
There are many types of official business registers, usually maintained for various purposes by a state authority, such as a government agency, or a court of law. In some cases, ...
*
Inland Revenue Authority of Singapore
*
Goods & Service Tax Singapore
*
Income tax in Singapore Income tax in Singapore involves both individual income tax and corporate income tax. Income earned both inside and outside the country for individuals and corporate entities is taxed
Individual income tax
Individual income tax in Singapore is pa ...
References
External links
BizFile - ACRA's one-stop business services portalMinistry of Finance
Singapore Government* https://www.acra.gov.sg/
Organisations of the Singapore Government
Statutory boards of the Singapore Government
2004 establishments in Singapore
Registrars of companies
Regulation in Singapore
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