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Shortage of fresh graduates could force consolidation in Singapore’s accounting market
Published Wed, Mar 29, 2023 · 05:50 AM
SINGAPORE’S smaller accounting firms are offering higher pay to combat competition among employers for fresh accountancy graduates.
But they are still struggling to hire, and experts say the outlook for such firms remains poor, given a shrinking talent pool.
The Big Four firms are outbidding small and medium-sized practices (SMPs) for accountancy graduates, said industry players.
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