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gld998

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Kick starter for business for AI services, what should i do in SG and how to raise sponsor interest.
 

Notbbfa

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@AKG Career Buddy What are the must-have skills, and what are the highly sought-after skills in the Accountancy field?

Do you see hope in the Accountancy field?

The following is a detailed decline of Accountancy field since 2009, not to mention it's also being offshored to cheaper countries and foreigners:
Since 2009 till today

From CPA Singapore to SQP to SCAQ
From ICPAS to ISCA
NTU Accountancy from AAA/B to BCC/B
NUS Biz Admin (Acct.) from AAA/B to AAB/B
SMU Accountancy from AAB/B to BBC/C

We have come a long way to witness the absolute decline of this entire field

2009:
https://www.acra.gov.sg/docs/defaul...untancy-hub/cdaspublicconsultation_9dec09.pdf
https://www.mof.gov.sg/news-publica...ngapore-into-a-Leading-Global-Accountancy-Hub

2010:
https://www.mof.gov.sg/news-publica...ort-At-The-Inaugural-Singapore-Accountancy-Co
https://www.sac.gov.sg/sites/sac2017/files/CDAS-FinalReport-12Apr10_0.pdf

2011:
https://www.mof.gov.sg/news-publica...sport-At-The-Singapore-Accountancy-Convention

2012:
https://isca.org.sg/media/776285/2013-jan-landmark-year-begins-for-singapores-accountancy-sector.pdf

2013:
https://www.sac.gov.sg/new-statutor...ategic-direction-accountancy-sector-and-drive
https://isca.org.sg/media/776265/2013-aug-singapore-accountancy-convention-2013.pdf
https://www.acra.gov.sg/docs/defaul...y/public-accountants/CDASExecutiveSummary.pdf

2014:
https://sg.finance.yahoo.com/news/smu-launches-singapore-first-center-024800315.html
https://www.mti.gov.sg/Newsroom/Spe...tancy-Conventions-ISCA-Accounting-Conference-

2015:
https://isca.org.sg/media/777160/si...nvention-2015-sponsorship-prospectus-v7-2.pdf

2016:
https://www.nas.gov.sg/archivesonline/data/pdfdoc/20160317009.htm

2017:
https://www.nas.gov.sg/archivesonline/data/pdfdoc/20171003004.htm

2018:
https://www.accaglobal.com/sg/en/member/member/accounting-business/2018/01/insights/sing-2020.html
https://www.sac.gov.sg/roadmap-develop-singapore-leading-global-accountancy-hub

2019:
https://www.imda.gov.sg/-/media/Imd...tal-Plans/Accountancy-IDP/Accountancy-IDP.pdf
https://www.businesstimes.com.sg/ba...countancy-sector-speed-up-technology-adoption

2022:
https://www.straitstimes.com/singap...-redesigned-to-meet-digitalisation-challenges
https://www.mof.gov.sg/news-publica...ccountancy-commission-since-inception-in-2013

2023:
https://www.straitstimes.com/busine...-to-take-up-accountancy-and-change-boring-tag
https://www.humanresourcesonline.ne...s-accountancy-sector-and-how-to-overcome-them
https://www.businesstimes.com.sg/si...ce-consolidation-singapores-accounting-market
https://www.businesstimes.com.sg/si...ody-launches-programme-local-foreign-students
https://www.businesstimes.com.sg/working-life/how-do-we-make-accountancy-great-again-singapore
https://www.channelnewsasia.com/adv...roblem-through-digital-transformation-3573696
https://www.straitstimes.com/singap...-drive-up-s-pore-chartered-accountant-numbers
https://www.businesstimes.com.sg/si...udge-poly-grads-careers-chartered-accountants

2024:
https://www.channelnewsasia.com/singapore/lower-chartered-accountant-exam-fees-scaq-4043411
https://www.straitstimes.com/singap...ility-help-students-get-qualifications-faster
https://www.theedgesingapore.com/ne...nches-three-part-series-woo-young-accountants
https://www.businesstimes.com.sg/si...-notion-accountants-are-paid-less-their-peers
https://www.businesstimes.com.sg/si...ualifications-singapore-accounting-undergrads
https://www.businesstimes.com.sg/si...-get-boosts-to-support-singapore-s-hub-status
https://www.straitstimes.com/busine...s-into-industry-to-attract-more-talent-report
https://www.straitstimes.com/busine...-salaries-for-some-accounting-roles-in-s-pore
https://www.straitstimes.com/busine...oung-accountants-in-singapore-stay-the-course
https://www.straitstimes.com/busine...ions-to-help-accountants-drive-sustainability

2025:
https://www.businesstimes.com.sg/si...re-aspiring-accountants-shun-university-route
https://sg.finance.yahoo.com/news/xjtlu-isca-partnership-opens-accelerated-031800200.html
https://sbr.com.sg/agribusiness/news/isca-grants-6m-subsidy-launch-polytechnic-pathway-programme
https://www.businesstoday.com.my/20...for-malaysia-singapore-chartered-accountants/
https://university.help.edu.my/help...ership-to-innovate-the-accounting-profession/
https://sg.news.yahoo.com/isca-launches-first-professional-services-171339881.html
https://www.straitstimes.com/busine...k-for-students-to-explore-accountancy-careers
https://isca.org.sg/content-item?id=846f8ab3-1e4d-4158-a6f2-5a54300e34de
https://isca.org.sg/content-item?id=68d16acf-88b0-4bea-a2d4-d9aecac962eb
https://isca.org.sg/content-item?id=ab220bd8-1e8b-4c07-adff-88772b006e2d
https://isca.org.sg/content-item?id=6b665bdd-1305-4880-be26-c9c66d4b72bc
https://isca.org.sg/content-item?id=b8fc4f1f-c5e4-470d-ad63-4fbe429c3b42
https://isca.org.sg/content-item?id=254fb9bf-8602-4828-9c1e-fc5417dad2f1
https://isca.org.sg/content-item?id=4eeb0d6e-749e-413e-92ff-8a59e838b248
https://www.straitstimes.com/busine...-future-such-as-in-data-analytics-acra-survey
https://www.businesstimes.com.sg/si...um-audit-firms-calls-graduate-talent-pipeline

2026:
https://www.straitstimes.com/busine...ow-chartered-accountants-body?ref=top-stories
https://www.businesstimes.com.sg/si...ai-training-drive-starting-law-and-accounting
https://www.theaccountant-online.com/news/isca-supports-budget-2026-moves/
https://www.straitstimes.com/busine...w-ai-is-reshaping-accounting?ref=top-stories/
https://www.straitstimes.com/busine...ow-chartered-accountants-body?ref=top-stories
https://www.theedgesingapore.com/ne...d-ibf-upskill-100000-finance-professionals-ai
https://www.straitstimes.com/tech/f...ls-in-spore-under-national-push-to-uplift-the
https://www.theedgesingapore.com/news/markets/accountancy-still-relevant-singapore-stock-market
 

OneUpsize

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May I know why your services are also available for PRs ? Do you know that PRs are foreigners ?

if anything, a recruiter wants to have as many people in singapore as possible to have a larger candidate pool for their clients.

It goes against their business model to just consider singaporeans unless mandated by the government eg. employment pass quotas.

This is one of the industries that is more than happy with a larger population size in singapore. Another would be the property industry.
 

alfonsoyy

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Probably thought I'm joking when I'm being serious.

My LinkedIn job search is all cfo/director level job lol
How has been it going on so far? Any interviews landed?

I'm also serious about what I said. U know how many ppl failed that interview multiple times including me? Even cbs that I saw & knew also failed multiple times leh.
 
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AKG Career Buddy

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At my age, need to hang on tight to my job liao. Still look for a new job? :(
Sorry we took so long!

That depends on your current phase of life. If you have a genuine reason to move, age should not be the starting point.

The better question is:
What value can I create for the next employer, and why should they choose me?

To employers, hearing ’20 years of experience’ just sounds expensive.

Sell what those 20 years have given you: judgement, pattern recognition, leadership, relationships, commercial understanding and the ability to handle complexity.

Career security is not simply keeping your current job. It is remaining employable, adaptable and professionally visible before you actually need to move.
 

AKG Career Buddy

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@AKG Career Buddy What are the must-have skills, and what are the highly sought-after skills in the Accountancy field?

Do you see hope in the Accountancy field?

The following is a detailed decline of Accountancy field since 2009, not to mention it's also being offshored to cheaper countries and foreigners:
Yes, there is hope in the industry. Just a different one.

Technical fundamentals like tax, audit, and financial reporting aren't going anywhere. But routine, repetitive work is rapidly being automated.
What is increasingly valuable is the ability to interpret numbers, use technology and influence decisions.

To stay competitive, focus on these:

  1. Digital/AI fluency — automation, analytics and knowing how to validate AI output.
  2. Commercial acumen — understanding revenue, costs, risk and business strategy.
  3. Human judgement — communication, problem-solving, stakeholder management and ethics.


You don’t have to compete with automation. Use it to step into higher-value advisory roles.
 

AKG Career Buddy

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Serious question... Can career buddy help to land me a c-suite position?
No coach or a Career Buddy guarantee you a C-suite role. Anyone who promises that is selling snake oil.

What a good career coach can do is help you create a solid career strategy to increase your chances of being considered for one.

At that level, it really comes down to executive search, solid industry relationships, and your actual track record. If you’ve got 20 years under your belt, it’s easy to get caught up listing daily duties like a senior manager on your CV. A coach helps you step back and showcase the big stuff instead, like your P&L oversight, strategic turnarounds, and real business outcomes.

Your experience and network do the heavy lifting, but having someone guide your narrative ensures all that hard work actually shines. If you need professional career guidance you can learn more about the Polaris Career Guidance programme here: https://akgsingapore.sg/job-seekers/plan-your-career/
 

AKG Career Buddy

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Can you kindly advise why the job market is so bad right now ?
We would challenge the premise slightly: the market is not uniformly bad. It is highly selective.
Employers are becoming more cautious about headcount, restructuring roles around AI and automation. They are looking for plug-and-play specialists.

This creates a difficult situation for experienced candidates whose value is not immediately obvious. You can have 15 years of experience and still lose to someone with 7 if the person makes it crystal clear what problem they can solve.

If the employer can't tell whether you can solve their exact pain point within 5 seconds of scanning your CV, you're out.

P.S. We’ll be hosting a Resume Clinic at the SPH Career Expo on 22-23 Aug! Just bring your resume and our Career Consultants will help you work on it!
Register for the Career Expo here: SPH Media Career Expo 2026
 
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No coach or a Career Buddy guarantee you a C-suite role. Anyone who promises that is selling snake oil.

What a good career coach can do is help you create a solid career strategy to increase your chances of being considered for one.

At that level, it really comes down to executive search, solid industry relationships, and your actual track record. If you’ve got 20 years under your belt, it’s easy to get caught up listing daily duties like a senior manager on your CV. A coach helps you step back and showcase the big stuff instead, like your P&L oversight, strategic turnarounds, and real business outcomes.

Your experience and network do the heavy lifting, but having someone guide your narrative ensures all that hard work actually shines. If you need professional career guidance you can learn more about the Polaris Career Guidance programme here: https://akgsingapore.sg/job-seekers/plan-your-career/
Nonsense. My friend join a sme, her boss open multiple new companies under her name and appoint her as director and an assortment of c-suite roles in each company.

Everyone who join also c-suite after probation.
 
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