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How do we make accountancy great again in Singapore?

    • While notions of old age, lack of diversity and a shrinking talent base are worrying, not all is as it seems. Accountancy is still vibrant, progressive, transformative, and rapidly evolving with time.
    • While notions of old age, lack of diversity and a shrinking talent base are worrying, not all is as it seems. Accountancy is still vibrant, progressive, transformative, and rapidly evolving with time. PHOTO: PIXABAY

    Pulkit Abrol

    Published Sun, Oct 22, 2023 · 04:02 PM

    ACCOUNTANCY, one of the oldest professions in the world, has evolved alongside economies and technological advancements.

    From ancient Mesopotamia’s simple record-keeping to the Industrial Revolution’s sophisticated practices, accountants have always played a key role in business. 

    But a quiet crisis is brewing in the accounting industry in Singapore. There is a shrinking workforce, changing business demands and significant transformation unleashed by technological and economic forces. 

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