ASEAN Federation of Accountants

To provide an organisation for ASEAN Accountants for the further advancement of the status of the profession in the region with the view to establishing an ASEAN philosophy on the accounting profession.

ISCA - ICAEW Report on Industry Perspectives

This report is a second part to “Our Future Together” collaboration between ISCA and ICAEW, which aims to discuss how education, training and professional learning could be redefined to better develop and prepare professional accountants for the future economy. Singapore Management University (SMU) School of Accountancy was our knowledge partner.

Synopsis of the report

In today’s volatile, uncertain, complex, and ambiguous workplace, accountants need to possess knowledge and skills across multiple disciplines. These include technological know-how, interpersonal and communication skills, critical thinking and creativity. Longer and more structured internships, as well as apprenticeships are welcomed by the accountancy profession to enable accountancy students to understand real-world problems and determine where their passion lies.  

The report highlighted the need for accountants to be multi-disciplinary, and to acquire and develop soft skills and knowledge such as psychology, leadership, negotiation, critical thinking, creativity, predictive analytics, understanding of computer coding / programming, economics, risks, project management, business writing and persuasion skills. Such skills and knowledge will enable accountants to make better decisions as well as facilitate their role as business advisers.

Please find the links to the report and video clip summarising the report below: 

http://isca.org.sg/tkc/our-future-together/publications/publications/2017/april/our-future-together-industry-perspectives-future-of-professional-learning-and-entrepreneurship-report-2017/  

https://www.youtube.com/embed/lZz9BurTNmY

Category: Member Event and Activities | Post on 13 April 2017

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