Professionals urged to upskill as AI reshapes finance sector: CPA

CHIEF financial officers and their finance teams need to understand how to anticipate and respond to artificial intelligence , as it will be a key frontier technology to grow Singapore's economy in the years ahead, CPA Australia said on Thursday.

Its findings showed a stark difference in benchmark skills and competencies, for companies in the corporate sector versus small- and medium-sized practitioners in the public accounting space. There were also substantial opportunities to upskill members of the teams across all categories, the study found. This is because the most skilled practitioners in each discipline were significantly more skilled than the least skilled employees.

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