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Industry boosts accounting appeal with new roles, education programmes

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pstrongThere has been a 10% decrease in accounting degree students at universities in Singapore./strong/p pSingapore has been producing fewer accounting graduates, alarming the industry which is only seeing higher demand for professionals in the field.

Singapore has been producing fewer accounting graduates, alarming the industry which is only seeing higher demand for professionals in the field. To lure more people into the profession, key players have come together to develop programmes to make accountancy an attractive career.

“Through an extended internship period, the programme will equip students with the necessary skills and experience to perform at a higher level as a new graduate,” Ong said. The Institute of Singapore Chartered Accountants also launched a $1m programme to raise awareness of the accounting profession.

In Singapore, the salary range for accountants and assistant accountants with one to three years of experience is $3,500 to $5,500 per month. “Mobility experiences are also important. With Deloitte Singapore being part of Deloitte Southeast Asia and a broader Asia Pacific and global network, it means that we can provide our people with mobility opportunities in the form of cross-border work, overseas secondment, and collaboration with colleagues from different cultures and backgrounds,” Ong said.Whilst interest in accountancy might have waned over the past years, Ong believes the profession will not lose its attractiveness.

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