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 prepare future accountants for the evolving demands of the profession.
Announced at the ISCA Conference 2026, this partnership aims to equip students with practical artificial intelligence (AI) capabilities, offering them exposure to industry projects, mentorship, and internships.
AI is transforming the accounting landscape by changing how financial information is analysed and decisions are made.
To address this shift, ISCA’s AI Fluency Programme, developed with the Infocomm Media Development Authority under the National AI Impact Programme, aims to train 60,000 accountancy and corporate finance professionals over three years.
The programme focuses on making AI learning accessible and practical for students and professionals alike.
Chong Xin Yi, a second-year Diploma in Accountancy student at Ngee Ann Polytechnic, shared her experience: “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.”
Employers are increasingly valuing accountants who can integrate AI into their work. Wong Chee Meng, Chief Financial Officer at Ya Kun International, emphasised the importance of combining strong accounting knowledge with AI skills to enhance business decisions.
The MOU also aims to strengthen Singapore’s accountancy talent pipeline through various initiatives, including job shadowing and professional development opportunities. As AI continues to reshape the profession, ISCA is committed to building a resilient accountancy workforce capable of adapting to technological advancements.
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