Accountants to thrive in disruptive age with new skills and programmes

A new training programme will help accounting and finance professionals acquire new skills in areas such as cyber security and analytics.
A new training programme will help accounting and finance professionals acquire new skills in areas such as cyber security and analytics. PHOTO: ST FILE

SINGAPORE - Even as some traditional accounting roles may disappear, there are still opportunities for accountants and finance professionals in the digital age, industry leaders said Tuesday.

New jobs are being created by fast-moving developments in robotics, artificial intelligence, big data and block chain technologies, and accountants will do well if they have new digital capabilities and skills, said several senior business executives at the CPA Congress, an event organised by global accountancy professional body CPA Australia.

CPA Australia has expanded its partnership with NTUC U Associate and the Employment and Employability Institute (e2i) to create a new training programme called "Your Business & Finance Advantage".

The programme includes a new suite of 20 courses for professionals to get new skills in key areas such as finance and business operations and even personal effectiveness.

Mr Vivek Kumar, the director of NTUC U Associate and U Future Leaders, added that accounting and finance professionals will also acquire skills in areas such as cyber security and analytics.

Singaporeans and permanent residents will be eligible for training subsidies of up to 50 per cent of the course fees.

rachaelb@sph.com.sg