ISCA expands AI training across polytechnics and ITE

More than 3,000 students have enrolled in its AI programme.

The Institute of Singapore Chartered Accountants (ISCA) has signed a five-year agreement with Singapore’s five polytechnics and the Institute of Technical Education to prepare students for accounting roles being reshaped by artificial intelligence.

The partnership will provide students with practical AI training and workplace exposure through industry projects, company visits, job shadowing, internships and mentorship.

More than 3,000 polytechnic and ITE students have enrolled in ISCA’s AI Fluency Programme.

ISCA said accountants entering the workforce will increasingly need to use AI tools effectively, evaluate their outputs and apply professional judgement rather than rely solely on technical accounting knowledge.

AI is already being used to analyse financial information, identify risks, automate routine tasks and support business decisions.

The partnership will allow students to apply their training to practical business scenarios and connect with accounting professionals.

Students and adult learners will also be able to explore professional-development opportunities and accountancy career pathways, including the Singapore Chartered Accountant Qualification.

ISCA President Lee Boon Teck said the growing use of AI does not reduce the importance of accounting knowledge and professional judgement. Instead, these capabilities become more important as professionals learn to work alongside the technology.

The initiative builds on AIxAccountancy, a programme developed by ISCA and the Infocomm Media Development Authority under the National AI Impact Programme.

Through AIxAccountancy, ISCA aims to equip 60,000 accountancy and corporate-finance professionals with AI capabilities over three years.

Employers are also looking beyond conventional accounting skills.

Beyond AI training, ISCA and the educational institutions plan to explore collaboration on emerging skills, career conversion and skills-based hiring.

The initiative is intended to strengthen Singapore’s accountancy talent pipeline whilst helping future professionals adapt as technology changes the nature of accounting work.

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