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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

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.

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