This study, another collaboration between ACCA and SAC (Singapore Accountancy Commission), will be useful to professional accountancy services providers, businesses, and policymakers.
It will assist professional accountancy service providers and consultants to review the range of services they provide to meet the needs of enterprises, helping the provider to steer the provision of services in the right direction. Potential clients will then be able to find providers that would fit their needs. They will also be able to reflect on their own needs for these services, using findings from the study to seek the appropriate external advice to boost growth and transform their businesses.
Policymakers can use the study to better understand the needs of both professional accountancy services providers and enterprises to help facilitate business transformation. On a wider perspective, they will need to reflect on the infrastructure required to boost the volume and diversity of professional accountancy services by reviewing the criteria, highlighted in this study, that makes a global accountancy hub successful and, where feasible and appropriate, implement them in Singapore.