# As AI Reshapes Accounting Jobs, ISCA Partners With All Five Polytechnics and ITE to Prepare Future Talent

- Link: https://www.thailand-business-news.com/pr-news/as-ai-reshapes-accounting-jobs-isca-partners-with-all-five-polytechnics-and-ite-to-prepare-future-talent
- Published: 2026-11-11T09:15:00+07:00
- Author: Media OutReach

#### _More than 3,000 polytechnic and ITE students have enrolled in ISCA’s AI Fluency Programme, as efforts expand to support course completion and practical AI application_

SINGAPORE – [Media OutReach Newswire](https://www.media-outreach.com/) – 11 November
2026 – Future accountants entering the workforce will need more than technical accounting
knowledge. Employers will need them to know how to use Artificial Intelligence (
AI) effectively, question its outputs and apply professional judgement.

 To prepare students for these changing expectations, the Institute of Singapore
Chartered Accountants (ISCA) has signed a five-year Memorandum of Understanding (
MOU) with all five polytechnics and the Institute of Technical Education (ITE) to
strengthen Singapore’s accountancy talent pipeline. The partnership, announced today
at ISCA Conference 2026, will create more opportunities for students to develop 
practical AI capabilities, gain workplace exposure and connect with accountancy 
professionals through industry projects, mentorship and internships.

 **From learning accounting to applying AI in accounting**

 AI is already changing how accountants analyse financial information, identify 
risks, perform routine tasks and support business decisions. As technology becomes
more widely used, professionals will increasingly need to combine accounting expertise
with digital capabilities, analytical thinking and professional judgement.

 Developed in partnership with the Infocomm Media Development Authority under the
National AI Impact Programme (NAIIP), AIxAccountancy supports ISCA’s broader commitment
to equip 60,000 accountancy and corporate finance professionals with AI capabilities
over three years. The programme will make practical AI learning accessible to professionals
at different stages of their careers.

 With participation growing, ISCA is also placing greater emphasis on helping learners
complete their training and translate their knowledge into practical workplace applications.
The new education partnership will build on this foundation by creating opportunities
for students to apply AI lessons to industry projects, practitioner mentorship and
workplace experience.

 For Chong Xin Yi, a second-year Diploma in Accountancy student at Ngee Ann Polytechnic
who hopes to pursue a career in taxation, the programme has already provided a glimpse
of how AI could support her future work. During a learning activity, she explored
how AI could help identify potentially incorrect Goods and Services Tax input tax
claims for further review.

 “The AI Fluency Programme has made me more confident about how AI can be applied
in the workplace. It has given me a clearer picture of how I can use these skills
in my future career, especially in taxation, and how AI can complement the work 
accountants do. You do not need to be an AI expert to get started; just be open 
to learning and explore how the tools can support your field,” said Xin Yi.

 **Employers increasingly value accountants who can work with AI**

 The changing expectations are not limited to accounting firms. Finance teams across
industries are also exploring how AI can improve processes, support financial analysis
and enable accountants to contribute more effectively to business decisions.

 For employers, this means looking beyond technical accounting knowledge to professionals
who can combine financial expertise, sound judgement and the ability to use emerging
technologies.

 For food and beverage businesses such as Ya Kun, finance professionals play a practical
role in understanding costs, monitoring business performance and supporting operational
decisions. These responsibilities illustrate why preparing future accountants to
work with AI must go hand in hand with developing their accounting knowledge, analytical
skills and business understanding.

 Mr Wong Chee Meng, Chief Financial Officer, Ya Kun International Pte Ltd, said:“
Strong accounting knowledge and professional judgement remain the cornerstones of
an effective finance function. At the same time, as technology continues to transform
the way businesses operate, we increasingly value finance professionals who can 
harness AI to streamline processes, analyse information and generate insights that
support better business decisions.

 “Professional qualifications such as CA (Singapore) provide the essential foundation,
while practical AI training equips accountants with the confidence and skills to
apply these technologies effectively and responsibly. Ultimately, AI adoption should
be viewed not merely as a technological advancement, but as an essential investment
in the development of accounting professionals and the long-term sustainability 
and success of Ya Kun.”

 Mr Lee Boon Teck, President of ISCA, said: “AI is changing what accountants do,
but it does not diminish the importance of accounting knowledge and professional
judgement. In fact, these capabilities become even more important as professionals
learn to work alongside AI. Through our partnership with all five polytechnics and
ITE, we want students to gain practical exposure to AI, understand how it can support
their work and develop the confidence to use it responsibly. Our goal goes beyond
preparing students for their first jobs. It is to equip them with the skills, professional
foundations and adaptability to build rewarding careers as the profession continues
to evolve. That is how we build resilience for the future.”

 **Connecting education, professional qualifications and careers**

 Building on existing collaborations, the partnership is under a common framework
to strengthen Singapore’s accountancy talent pipeline through industry projects,
company visits, job shadowing, internships, mentorship and professional development
opportunities. Students and adult learners will also have opportunities to explore
different accountancy career pathways, including the Singapore Chartered Accountant
Qualification (SCAQ), which leads to the Chartered Accountant of Singapore [CA (
Singapore)] designation.

 Beyond AI learning, further collaborations on emerging skills, career conversion
and skills-based hiring will be developed according to participating institution’s
programmes, learner needs and available resources.

 The MOU was signed at ISCA Conference 2026, held under the theme “Reimagining the
Future: Resilience in a Multipolar Economy”.

 **Recognising employers that transform jobs and develop talents**

 Preparing students for the future is only part of the effort. Employers must also
rethink how accounting jobs are designed and how existing professionals can continue
developing their skills as technology changes the workplace.

 At ISCA Conference 2026, Ernst & Young LLP (EY) and Nexia Singapore PAC (Nexia 
Singapore) were recognised as recipients of the second Workforce Transformation 
Award for the Accountancy Sector, presented by Guest of Honour Ms Jasmin Lau, Acting
Minister for Manpower and Senior Minister of State, Ministry of Digital Development
and Information.

 Presented by the Skills and Workforce Development Agency in partnership with ISCA,
supported by the Accounting and Corporate Regulatory Authority and Economic Development
Board, the award recognises accounting entities that have demonstrated exemplary
efforts in transforming jobs and workforce practices, developing employees’ skills
and capabilities, and delivering meaningful outcomes for the workforce and organisation.
This includes adopting technology, redesigning jobs and investing in employees’ 
professional development.

 The recognition of EY and Nexia Singapore underscores how workforce transformation
can help accountancy firms adapt to changing business needs. By combining technology
adoption with job redesign and skills development, employers can improve how work
is done while enabling professionals to take on new responsibilities and progress
in their careers.

 Mr Liew Nam Soon, EY Asia East Deputy Regional Managing Partner, also Singapore
and Brunei Managing Partner and Asean Managing Partner, said: “This recognition 
affirms our commitment to helping our people grow and succeed as the profession 
evolves with AI. By investing in skills across emerging technologies, leadership
and future-focused business and soft skills, we want to enable our professionals
to use AI confidently and responsibly, apply their judgement to more complex work,
excel in serving our clients and build rewarding careers.”

 Ms Chua Soo Rui, Managing Director, Nexia Singapore, said: “For Nexia Singapore,
workforce transformation starts with understanding how we can support and motivate
our people do their work better. It means reviewing processes, equipping colleagues
with relevant hard and soft skills as their responsibilities evolve. This recognition
encourages us to continue creating an open and supportive environment where every
single person of the firm grows by learning, contribute ideas and build fulfilling
careers as the firm grows.”

 As AI reshapes business and professional roles, ISCA is focusing on equipping current
and future accountants with the skills, professional foundations and adaptability
to navigate change. Through AI fluency, industry partnerships and stronger professional
pathways, ISCA aims to build a resilient accountancy profession where professionals
can continue to contribute, grow and remain relevant as the nature of work evolves.

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/).

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**Source** : [As AI Reshapes Accounting Jobs, ISCA Partners With All Five Polytechnics and ITE to Prepare Future Talent](https://www.media-outreach.com/news/singapore/2026/11/11/499788/?rand=186006)

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