Harnessing the power of data with management accounting

AS Singapore continuously strives to maintain its position as one of the world's most enterprise-friendly countries, and entrepreneurship and startups remain a continued focus for the government, it is crucial that businesses of all sizes are equally equipped to meet business challenges in today's highly competitive environment.

This is particularly true for the local small and medium enterprise (SME) sector, which makes up 99 per cent of all enterprises in the country (according to Spring Singapore) and contributes nearly half the national GDP and 70 per cent of the employment.

For smaller businesses, including family-owned businesses, it is all the more pertinent to have in place the necessar…