5. Functions of Board

The functions of the Board are —

to register public accountants;

to keep and maintain a Register of Public Accountants and a Register of Public Accounting Corporations;

to determine the qualifications of persons for registration as public accountants under this Act;

to control and regulate the practice of the profession of accountancy by public accountants and accounting corporations;

to prescribe the standards, methods and procedures to be followed by public accountants when doing any work in the course of their profession;

to determine and develop standards of professional conduct and ethics of the accountancy profession;

to discourage dishonourable conduct and practices by public accountants and for this purpose hold inquiries into the conduct of public accountants; (h)to hold or arrange for the holding of such examinations as the Board considers necessary for the purpose of enabling persons to qualify for registration as public accountants under this Act; (i)to approve applications for companies or proposed companies to be accounting corporations and to regulate such companies which provide public accountancy services in Singapore; and

generally to do all such acts, matters and things as are necessary to be carried out under this Act except Part VI.