# AGD and ISCA Renews MOU to Strengthen Finance Capabilities Across the Public Service with Continuing Professional Training

- Link: https://www.thailand-business-news.com/pr-news/agd-and-isca-renews-mou-to-strengthen-finance-capabilities-across-the-public-service-with-continuing-professional-training
- Published: 2026-11-02T09:00:00+07:00
- Author: Media OutReach

SINGAPORE – [Media OutReach Newswire ](https://www.media-outreach.com/)– 2 November
2026 – The Accountant-General’s Department (AGD) has renewed a Memorandum of Understanding(
MOU) with the Institute of Singapore Chartered Accountants (ISCA) for a three-year
partnership to build a future-ready public finance and internal audit workforce 
while strengthening the attractiveness of careers in these fields.

 Through this partnership, AGD and ISCA will collaborate on professional development
in more areas such as AI, sustainability, assurance and financial governance. The
organisations will curate and promote training programmes with reference to the 
Public Sector Finance and Internal Audit Competency Frameworks and create opportunities
for professional exchange with the wider accountancy community.

 The expanded collaboration comes as global economic shifts, technological advances
and sustainability considerations change how organisations operate, assess risks
and allocate resources. Across business and government, finance professionals are
increasingly expected to contribute to planning, evaluate options and advise leaders
alongside their financial reporting and compliance responsibilities.

 The Memorandum of Understanding was signed by Ms Esther Wee, Accountant-General
and Chief of Government Finance, and Mr Lee Boon Teck, President of ISCA.

 **_Equipping public sector officers with AI capabilities_**

 To build AI capabilities, AGD is supporting its public finance and internal audit
workforce of approximately 4,000 officers in developing AI and digital competencies,
including through ISCA’s AI Fluency Programme. More than 400 officers have already
enrolled, with the programme being progressively extended across the Public Service.

 Officers will undergo structured training covering practical applications, responsible
use of AI and the professional judgement needed to work effectively with AI-generated
information.

 The training aims to establish a common foundation of AI capabilities across public
finance teams, helping officers embrace technology while maintaining high standards
of financial governance and accountability.

 **_Building careers with purpose and global professional connections_**

 Beyond preparing officers for AI, AGD and ISCA are also expanding pathways across
public sector agencies as it strengthens the professional capabilities needed to
support resource allocation, governance and financial stewardship of public resources.

 Public agencies will be progressively brought into AGD’s Accredited Training Organisation
network, enabling officers to gain practical experience and mentorship within their
agencies as they pursue a career that contributes to Singapore. To date, 27 agencies
have joined the network.

 The Chartered Accountant of Singapore [CA (Singapore)] pathway opens doors to a
wider professional community. Through ISCA’s membership in Chartered Accountants
Worldwide, a network representing over 2 million Chartered Accountants and students
across more than 190 countries, public sector officers can connect with international
professional knowledge, networks and learning opportunities.

 **_Developing finance professionals for tomorrow_**

 Ms Esther Wee, Accountant-General and Chief of Government Finance, said: “Managing
public finances well is fundamental to maintaining public trust. As technology transforms
how finance work is done, sustaining that trust will require our officers to strengthen
their professional judgement, and build emerging capabilities to take on new responsibilities.
AGD will work with ISCA to enhance continuing professional development opportunities
and extend structured training and mentorship across Ministries and Statutory Boards.
These efforts reflect our continued commitment to developing a trusted and future-
ready public finance and internal audit workforce — one that can steward public 
resources well and meet the evolving needs of Singaporeans.”

 Mr Lee Boon Teck, President of ISCA, said: “AI can help finance professionals work
faster and analyse information more effectively. But it cannot replace the professional
judgement, ethical responsibility and accountability that are central to our profession.
Our partnership with AGD brings together AI capabilities and the strong professional
foundation of the CA (Singapore) qualification. We want public sector officers to
have the same opportunities to develop professionally, learn from industry and connect
with the global accountancy community. Ultimately, the value of a finance professional
is not just in producing numbers but in using those numbers to help organisations
make better decisions.” 
Hashtag: #ISCA #CharteredAccountants #DifferenceMakers #
Accounting #Accountancy

The issuer is solely responsible for the content of this announcement.

#### Institute of Singapore Chartered Accountants (ISCA)

 The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy
body of Singapore. Established in 1963, ISCA administers the Singapore Chartered
Accountant Qualification programme and is the designated entity by the Singapore
Ministry of Finance to confer the Chartered Accountant of Singapore [CA (Singapore)]
designation.

 ISCA supports over 46,000 members across industries in Singapore and globally, 
with members in more than 40 countries. With a growing international presence, ISCA
has 12 overseas chapters, 7 offices across 10 countries and a network of over 150
strategic partners, strengthening professional connections and opportunities across
borders. ISCA is also a member of Chartered Accountants Worldwide, a global network
representing more than 2 million Chartered Accountants and students across over 
190 countries.

 ISCA advances professional development and lifelong learning through ISCA Academy,
its training arm and drives community impact through ISCA Cares, its charity arm.

 For more information, visit [www.isca.org.sg](http://www.isca.org.sg/).

#### Accountant-General’s Department (AGD)

 The Accountant-General’s Department (AGD) is a department under the Ministry of
Finance (MOF). We support the Accountant-General in fulfilling her statutory duties
under the Constitution, the Financial Procedure Act and other legislative statutes.
We partner with MOF in making Singapore a better place through finance and closely
cooperate with Government agencies to raise the capabilities of financial management
in the Public Sector.

 For more information, visit www.agd.gov.sg.

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**Source** : [AGD and ISCA Renews MOU to Strengthen Finance Capabilities Across the Public Service with Continuing Professional Training](https://www.media-outreach.com/news/singapore/2026/11/02/497975/?rand=186006)

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