Chartered accountants in Singapore have been ranked as the second most trusted profession in the country, according to the 2025 Trust Survey conducted by Edelman DXI in partnership with Chartered Accountants Worldwide. The survey, which involved 1,725 senior financial decision-makers from 10 markets, found that 85% of Singaporeans trust chartered accountants to “do the right thing,” marking a 7-point increase since 2019.
The survey highlights the critical role chartered accountants play in business strategy, with 87% of respondents acknowledging their contribution to helping businesses adapt to new challenges. Additionally, 84% rely on them for strategic guidance, whilst 86% support their role in AI adoption and automation. The trust in the Institute of Singapore Chartered Accountants (ISCA) has also risen, with 88% of respondents expressing confidence in the organisation.
Teo Ser Luck, President of ISCA, emphasised the importance of trust in chartered accountants, stating, “Trust in ISCA members is rooted in their integral role in guiding businesses forward.” He also announced plans to launch a new professional credential pathway in 2026 to enhance sustainability reporting and assurance.
Tan Boon Gin, CEO of Singapore Exchange Regulation, noted the high standards to which chartered accountants are held, highlighting their roles as auditors, board members, and consultants. He expressed optimism about working with chartered accountants to advance the Singapore stock market.
Globally, trust in chartered accountants remains strong at 83%, despite a slight dip in trust for the broader accountancy profession since 2023. Ainslie van Onselen, Chair of Chartered Accountants Worldwide, remarked on the profession’s resilience, stating, “In a world shaped by AI, disinformation, and rising demand for accountability, our profession is standing tall.”
