The Skills Framework for the Accountancy sector is a guide for individuals who wish to understand how they can stay relevant and benefit from new opportunities in the sector. 

The Framework identifies emerging skills required in the industry, and training programmes on competencies in 10 tracks and 43 job roles. The tracks are: 
 

  • Assurance
  • Financial Accounting
  • Management Accounting
  • Internal Audit
  • Business Valuation 
  • Tax
  • Restructuring and Insolvency
  • Mergers and Acquisitions
  • Financial Forensics
  • Enterprise Risk Management



Key components of the Framework:  
 

  • Sector information – key statistics, trends and workforce profiles in the Accountancy sector
     
  • Career pathways – vertical and lateral progression pathways 
     
  • Job roles – covering 104 existing and emerging technical skills and competencies, and 18 generic skills and competencies 



The Skills Framework will benefit:
 

  • Individuals who wish to join or progress within the Accountancy sector 
     
  • Employers keen to invest in training their employees 
     
  • Education and training providers which need insights on sector trends, and existing and emerging skills that are in demand to design programmes for the sector
     
  • Government, unions and professional bodies which need to analyse skills gaps and design appropriate initiatives to upgrade manpower capabilities



The Skills Framework for the Accountancy sector was developed by the SkillsFuture Singapore (SSG), Workforce Singapore (WSG), the Singapore Accountancy Commission (SAC) and the Institute of Singapore Chartered Accountants (ISCA), together with employers, industry associations, and education and training institutions. The first version was launched in 2017, and the refreshed version was launched in 2020. 

 

Download the Skills Framework now

Skills Framework

 

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