Eight in 10 finance workers aren't future ready

They lack time, resources, and support from companies.

Around eight in 10 or 79% of Singapore's accounting professionals are not equipped to meet their job's demands in the next 10 years, a report by Ernst & Young (EY) and CPA Australia revealed.

According to the report "Future-proof your finance capability," their top inhibitors for learning new skills are lack of time, lack of financial resources, and lack of employer support.

Six in 10 found that the current curriculum in both education and professional bodies are not enough for learning future-ready skills.

Same proportion said their organisations are not helping them do so.

The surveyed professionals said that their organisations and institutions can help by injecting technology into the current curriculum or adding new courses on related skills.

Factors such as digital technology and disruptions, increased regulations, and globalisation impact the accounting profession the most, the study said.

In order to cope with these, the skills required include strategic thinking, business acumen, leadership, communication and influencing, and analysis and advisory.

Technology skills, such as information technology and digital skills, and information management skills, are also gaining prominence.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia