Daniel Leung, ACCA Singapore
Daniel Leung, ACCA Singapore
26 February 2024
Life@Work: Why young Singapore professionals want to relocate for work
New research from the Association of Chartered Certified Accountants' (ACCA), Global Talent Trends 2024, provides some interesting insights into the top priorities of today’s talent. In a survey of of nearly 10,000 finance professionals across 157 countries, Singapore is among the top career locations to move to. Daniel Leung, Country Manager, ACCA Singapore shares why despite Singapore being an attractive city for work, there is a trend of young Singaporeans wanting to relocate overseas.
Daniel shares other key findings including diversity, equity and inclusion being a key factor in attracting and retaining talent and a strong focus on integrating artificial intelligence (AI) in finance roles.
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Listen To His Previous Podcasts:
12 September 2023
Under the Radar: ACCA as a business with a turnover of over £200m; Spending power of members, partner firms; Positioning against other industry players; Accounting talent shortage in Singapore and impact on top and bottom lines
The accounting and professional services industry is back in focus today.
Founded in 1904, our guest is the Association of Chartered Certified Accountants or ACCA. This is a global body for professional accountants with over 200,000 fully qualified members and 500,000 students worldwide.
While widely known as an association or educational body, ACCA essentially operates like a business with a turnover of over 200 million British pounds for the year ended March 2023.
It generates revenues through membership fees, courses and certification, but which is the most important revenue stream for the association?
Meanwhile, the number of accounting degree students at universities in Singapore has reportedly dropped over 10 percent over the past five years, despite rising demand for accounting professionals.
So what does the talent shortage mean for ACCA in terms of potential future revenue? Also – how does the rising demand for accounting professionals provide ACCA an opportunity to get more people into the accounting profession and reverse the decline?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed the questions to Daniel Leung, Country Manager, ACCA Singapore.
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