SINGAPORE – Small and medium-sized accounting firms will get a S$2.4 million boost to go digital, as part of a new roadmap unveiled on Friday (June 1) to spur growth in the sector.
The roadmap aims to create 2,000 new jobs in the sector by 2020, while helping accounting firms adopt new technologies and expand abroad. It also targets annual growth of 5.6 per cent for the sector to reach S$2.03 billion in value-add by 2020.
A key initiative is the new Digital Transformation for Accountancy programme, which will give small and medium-sized accounting practices funding support of up to S$30,000 for adopting technology solutions.
