How to become a certified bookkeeper in Singapore
Learn how to become a certified bookkeeper in Singapore using our guide. Discover and build your career.?
Are you interested in becoming a certified bookkeeper in Singapore? If so, there are a few things you need to know before you can start your journey towards this career path. Firstly, it is important to note that bookkeeping is a regulated profession in Singapore. This means that in order to become a certified bookkeeper, you must meet certain formal requirements and comply with specific regulations. To become a certified bookkeeper in Singapore, you must first obtain a relevant qualification from a recognized institution. This can be a diploma or degree in accounting, finance, or a related field.
Additionally, you must have at least two years of relevant work experience in bookkeeping or accounting. Once you have met these requirements, you can apply to become a certified bookkeeper with the Institute of Certified Bookkeepers (ICB) Singapore. The ICB is the professional body for bookkeepers in Singapore and is responsible for setting the standards for the profession. To become certified by the ICB, you must pass their certification exam and meet their continuing professional development requirements. This includes completing a certain number of hours of training and education each year to stay up-to-date with the latest developments in the field.
Key skills and competencies
To become a certified bookkeeper in Singapore, it is important to possess key skills and competencies such as attention to detail, strong numerical and analytical skills, proficiency in accounting software, and knowledge of financial regulations and reporting standards. Bookkeepers are responsible for maintaining accurate financial records, reconciling accounts, and preparing financial statements, so it is essential to have a strong understanding of accounting principles and practices. Additionally, effective communication and interpersonal skills are important as bookkeepers often work closely with clients and other professionals. By developing these skills and obtaining the necessary certifications, individuals can pursue a rewarding career as a bookkeeper in Singapore.
Local salary expectations or estimates
As a certified bookkeeper in Singapore, you can expect to earn an average salary of around SGD 40,000 to SGD 60,000 per year. However, this can vary depending on your level of experience, qualifications, and the industry you work in. For example, bookkeepers working in the finance and banking sector tend to earn higher salaries compared to those in other industries. Additionally, gaining additional certifications and skills can also increase your earning potential. It's important to note that salaries may also vary depending on the company you work for and the demand for bookkeeping services in the market. Overall, becoming a certified bookkeeper in Singapore can lead to a stable and rewarding career with opportunities for growth and development.