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Nexia TS Establishes Singapore Institute of Technology Financial Scholarships For Accountancy Students

February 2015

Singapore, 10 February 2015 – Nexia TS is pleased to announce that the Nexia TS – SIT Scholarship is now open to all Singaporean students pursuing a degree in Bachelor of Accountancy with Honours in Singapore Institute of Technology (SIT). As part of the firm’s Corporate Social Responsibility (CSR) education initiatives, Nexia TS partnered with SIT to award financial scholarships and book prizes to eligible accountancy students.

 

The eligibility criteria includes a per capita income measurement as the scholarship is targeted at those who need financial support. In addition, Nexia TS has also signed a Memorandum of Understanding (MOU) to support SIT’s unique Integrated Work Study Programme (IWSP) by providing students with the opportunity to develop specialist skills within the firm when they embark on their internship.

 

“We are proud to be able to play our part in the education of the industry’s future leaders with help for those who need financial support. We look forward to more impactful activities with the universities and professional institutes to give back to the communities we operate in as part of our CSR mission.”

Henry Tan
Managing Director, Nexia TS

 

The IWSP is an integral part of applied learning as it provides an opportunity for students to integrate knowledge and skills gained in the classroom with real-world practice. IWSP Associates will develop the skills involved in problem identification, analysis and formulation of solutions to derive innovative solutions within their companies.

 

About Singapore Institute of Technology:

Singapore Institute of Technology (SIT) is Singapore’s new autonomous university of applied learning. It aims to be a leader in innovative university education by integrating learning, industry and community. SIT offers applied degree programmes targeted at growth sectors of the economy. As a new university, SIT offers its own applied degree programmes with a unique pedagogy that integrates work and study. It also offers specialised degree programmes in partnership with world-class universities.

 

For more information, please visit www.singaporetech.edu.sg.


Nexia TS CSR Key Focus – Education:

Education has always been a key CSR emphasis for Nexia TS. During the previous financial crisis (2008 – 2009), the firm initiated the Nexia TS financial scholarships for financially needy accountancy students from NTU, SMU and SIM. Various study awards and book prizes are also set up for students at the tertiary level to further drive their academic interests in Accounting & Finance.

 

In recent years, the firm has also awarded scholarships for financially needy students in SMU, NTU, NUS, UniSIM, SIM Global Education, Temasek Polytechnic and with SIT being the latest tertiary institute to partner the firm in its education-focused CSR initiatives.
 

Since 2008, Nexia TS has supported 18 scholars through its education focus in its CSR social mission programme. Besides setting up scholarships and study awards with local universities and polytechnics, Nexia TS is also recognised as an Accredited Training Organisation to train Chartered Accountants of Singapore under the Singapore Qualification Programme by the Singapore Accountancy Commission. Nexia TS is one of the first local accounting firms to be accredited by the Institute of Chartered Accountants in Australia and Institute of Chartered Accountants in England & Wales to provide the supervision of professionals undergoing traineeship to qualify as Chartered Accountants.
 

About Nexia TS:

Nexia TS was founded in 1993 by two experienced chartered accountants – Henry Tan and Sitoh Yih Pin. After working as managers for one of the international accounting firms, they saw a vision and an opportunity to establish their own organisation – not any accounting firm – but one which is unique in their personalised and well-qualified expertise.

 

To date, Nexia TS is recognised as an established mid-tier local accounting firm. We have grown significantly in size over the years. Being an independent member firm of Nexia International, we are affiliated to accounting firms in many parts of the world. This means that our clients will get to enjoy personalised, comprehensive and quality services at competitive rates in Singapore and globally. Our reputation for quality has been recognised by clients and accounting professionals. As testimony to this, we are among the first few local accounting firms to be accredited by the Institute of Chartered Accountants in Australia to provide supervision of professionals undergoing traineeship to qualify as Chartered Accountants.

 

Headquartered in Singapore, Nexia TS has established a strong presence in various countries across the region. Nexia China is a one-stop centre providing advisory services for foreign-invested enterprises in China. NTS Malaysia and NTS Myanmar provide a full suite of corporate advisory services for our clientele with operations and new foreign investments in the respective countries. Nexia International is an international network of accounting and consulting firms with origins going back to 1971 making Nexia one of the longest established firms. Currently, with more than 23,000 professional staff serving our clients at over 600 offices in 100 countries, we are ranked as the top 10 largest international accounting and consulting firms worldwide.

 

For more details, please visit www.nexiats.com.sg.

 

Media Contacts:

Grace Lui
Head of Marketing Communications
+65 6597 7297
gracelui@nexiats.com.sg

 

Daniel Chen
Marketing Communications Manager
+65 6534 5700 (ext. 861)
danielchen@nexiats.com.sg