SMPs can help Singapore become a global accountancy hub

Multiple-choice questions: In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please re-read the article before attempting the questions again

  1. What is the Digital Transformation for Accountancy programme?

  2. Why might accountants need to familiarise themselves with digital technologies in their field?

  3. Which of these is not a reason why Singapore is already well placed to take advantage of digital technologies in business?

  4. Which of these answers is not a key factor in Singapore’s transition to a leading global accountancy hub in the next 10 years?

  5. Which of these outcomes is not a likely result of incentives to support digital technology transformation?

  6. Why might the government’s support and involvement be crucial to the development of Singapore as a leading accounting hub?

  7. Why might a structured programme to encourage local business to cooperate with accountants in the commercial sector be an important development?

  8. What is the Professional Conversion Programme?

  9. What other area should Singapore look to support to achieve their aims in accountancy?

  10. Why might trade missions play a role in Singapore’s development of its accountancy profession?