Accounting Entity (AE) Survey

SAC conducts the national census on the accountancy sector to glean insights that will help the sector in its strategies to innovate,  grow and regionalise. The AEcensus was launched in 2015 to gather data on revenue, productivity, job creation, employment outlook, the professionally qualified workforce, diversity of services and volume of work performed overseas.
 

AEcensus 2020 Cover

AEcensus 2020

The accountancy sector grew 2.1% in 2019, reaching a total revenue of $2.58 billion. The sector performed moderately well amidst trade uncertainties and geopolitical tensions that affected the Singapore economy, which grew 0.7% in 2019, the slowest in a decade. 

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AEcensus 2019

AEcensus 2019

The sector recorded strong revenue growth of 8%  in 2018. More than 1,300 jobs were created. Small firms continued to diversify their services and their productivity continued to grow. Firms expect an increase in revenue and headcount in 2020.

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AEcensus 2018

AEcensus 2018

The accountancy sector posted steady growth in revenue, workforce and productivity. It also saw continued diversification of service offerings and digitalisation, and a rise in revenue from work performed overseas. 

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AEcensus2016/17 Report

 

AEcensus 2016/17

AEcensus 2016/17 revealed healthy growth of the accountancy sector in 2016. The report also indicates that the sector is progressively delivering a wider diversification of services, essential for Singapore to develop into an accountancy hub for high value adding services. 

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AEcensus 2015/16

Against the backdrop of Singapore’s slower than expected growth in the business environment in recent years, the AE segment saw healthy growth in revenue, productivity, job creation, employment outlook, professionally qualified workforce, diversity of services and volume of work performed overseas.

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AEcensus 2014/15

AEcensus2014/15 showed that the accountancy sector grew significantly over the years with total receipts and total employment increasing about 60% and 45% respectively since 2008.

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AE Regionalisation Survey 2016

This survey was conducted as a follow-up to AEcensus2015 which found that over a quarter (28%) of AEs expected positive revenue growth from work performed outside Singapore. The AE Regionalisation Survey 2016 found that AEs with multi-disciplinary practices and which are on accounting networks perform better in regionalisation efforts.

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