Aiming to turn Singapore into a leading center for international accountancy and financial management by 2020, a government-appointed committee this month recommended the introduction of a new, postgraduate accountancy qualification program characterised by ??global recognition, international portability and Asian market value.'' Professor Pang Yang Hoong, Dean of SMU School of Accountancy and a member of the committee, acknowledged that developing a globally recognised postgraduate professional certification would be ??very challenging.''