Problems of Accountants In Singapore
Almost 8 in 10 Finance & Accounting professionals in Singapore are not equipped with the business-partnering skill set to use numbers to advise Business Owners!
Many Finance and Accounting professionals in Singapore are just too engrossed in doing processing paperwork, generating financial reports, meeting financial datelines, etc, and lack the necessary bigger-picture, macro view and advisory ability to partner business owners in Value-Based Business Steering (VBBS) in furtherance of latter’s business objectives.
This is clearly a sad development. It’s not the Singapore school system which has created this phenomena.
It’s is the mindset of these Finance and Accounting professionals to be more pro-active, to take one more step in using the numbers and processed data they have generated, further analyzed the data with benchmarking with market competitors, and making reference to latest news of market development and government regulations, to value-add to Business Owners by helping to direct businesses with pro-active advices to take advantage of the situation.
Staying relevant by continuous Changing ourselves to value-add and even to create new value.
Ultimately it’s the contribution to increasing the Shareholders Value of the company that would determine the usefulness of these Finance & Accounting professionals in Singapore.
Cry no more…
Change now…just like Water changes its Form to suit the environment.
适者生存!
If you need help, feel free to contact us at :
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www.corporatebackoffice.com.sg
