ISCA, IMDA roll out AI training initiative for accountancy sector

The Institute of Singapore Chartered Accountants (ISCA) and the Infocomm Media Development Authority (IMDA) person jointly launched AIxAccountancy, an AI fluency programme targeting the accountancy and firm concern community.

The inaugural is designed to equip practitioners with the ability, assurance and applicable cognition to usage AI tools "effectively and responsibly" successful their roles.

AIxAccountancy supports the ISCA's broader propulsion to summation AI proficiency crossed the assemblage and aligns with its extremity of upskilling 60,000 accountancy and firm concern professionals implicit 3 years.

The programme is the archetypal grooming people created done the IMDA's collaboration with nonrecreational bodies nether the National AI Impact Programme.

The concern aims to bid 100,000 non-technical workers to go "AI bilingual" wrong the aforesaid clip frame.

Before its ceremonial launch, much than 20,000 radical from some nationalist and backstage assemblage organisations, including tertiary students, had already registered involvement successful joining the programme, signalling "strong demand" for AI-related training.

The Singapore Accountant-General's Department is readying to integrate AIxAccountancy into the learning and improvement model for each 4,000 concern and interior audit officers successful the nationalist sector.

To promote wide participation, the programme volition beryllium offered astatine nary complaint to ISCA members who are Singapore citizens oregon imperishable residents, including students from section tertiary institutions.

AIxAccountancy volition beryllium implemented successful 2 stages, allowing participants to archetypal physique foundational competencies earlier moving to much precocious applications.

Learners volition enactment straight with wide utilized AI tools specified arsenic ChatGPT, Claude, Copilot and Gemini.

The program volition beryllium updated regularly truthful that people contented remains aligned with existent manufacture practices and technologies.

Participants volition besides summation entree to AI Nexus, a dedicated hub wherever accountancy and concern professionals learn, stock experiences and speech AI adoption resources.

ISCA president Lee Boon Teck said: "AI is reshaping the aboriginal of the accountancy profession.

"AIxAccountancy is much than a grooming programme. It is simply a nationalist assemblage translation inaugural that equips accountants and concern professionals with the skills and assurance to make greater worth for businesses and society."

"ISCA, IMDA rotation retired AI grooming inaugural for accountancy sector" was primitively created and published by The Accountant, a GlobalData owned brand.