THE Bachelor of Accountancy degree from SIM University (UniSIM) is the latest to be recognised by the Accounting and Corporate Regulatory Authority (Acra).

It means graduates from the programme will clear the first hurdle towards registration as a public accountant here.

'The recognition of UniSIM's Bachelor of Accountancy degree programme could potentially help boost the supply of public accountants by offering aspiring working adults an avenue to join the ranks of the public accountancy profession,' said UniSIM yesterday.

The Chartered Institute of Management Accountants and the Association of Chartered Certified Accountants already exempt UniSIM accounting graduates from some professional examinations.

UniSIM is the only university here to offer an accountancy degree at the undergraduate level to working adults. It also noted that demand for accountants will increase as Singapore aspires to become a regional accountancy hub.

Accountancy degrees from the National University of Singapore, Nanyang Technological University and Singapore Management University are also recognised by Acra.