Technology Adoption by the Accountancy Profession in ASEAN Countries. Appendix 10: Country Report for Singapore

The pace of technological change in the 21st century has been astonishing. It has transformed industries, redefined economies, and rewritten the rules of doing business. The accountancy profession is no exception to this sweeping tide of innovation. As we navigate the digital revolution, it becomes clear that embracing technology is not merely an option – it is imperative for the accountancy profession to remain relevant and effective. This publication builds on our 2020 AFA Research Report: ASEAN SMPs – A Report on Technological Competency Skills and offers a comprehensive exploration of the critical role that technology plays in reshaping the landscape of accounting within the dynamic and diverse ASEAN region. It underscores the urgency for accountants and financial professionals to adapt, adopt, and harness the power of technology in their daily practices.