The Business Times
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More seeking accountancy qualification in Singapore, even as global talent shortage continues

Higher number of students here also picking the subject as their first choice, thus reversing earlier decline

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Renald Yeo

Renald Yeo

Published Mon, Jun 2, 2025 · 07:00 AM
    • Boosting entry-level wages and creating more diverse qualification pathways are said to have helped reverse the talent decline in the Republic's accountancy industry.
    • Boosting entry-level wages and creating more diverse qualification pathways are said to have helped reverse the talent decline in the Republic's accountancy industry. PHOTO: TAY CHU YI, BT

    [SINGAPORE] Even as accounting bodies worldwide continue to struggle with attracting fresh talent, Singapore has managed to buck the trend – and the industry here is now in growth mode.

    With more new faces entering the profession, accounting firms in the city-state could soon get relief from the manpower shortages that have plagued the sector for years.

    Teo Ser Luck, president of the Institute of Singapore Chartered Accountants (Isca), pointed to a sharp rise in the number of candidates entering the training pipeline as an example.

    AccountingAccountantsAccounting firmsSingapore manpower

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