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5 Reasons To Choose A Career In Accounting
Offering strong career development opportunities across several different sectors, accounting is a popular career path for many ambitious young professionals.
Offering strong career development opportunities across several different sectors, accounting is a popular career path for many ambitious young professionals.
The Graduate Studies Career Development Office at Nanyang Technological University’s Nanyang Business School works with students to discover, finetune, and reach their career goals. This partnership between the Office and students creates defining moments in our students’ career journey.
Nanyang Business School, part of Nanyang Technological University, Singapore, is launching the Data Analytics Specialisation for the MSc Accountancy (MACC) programme for the upcoming intake in July 2022. Technology is rapidly transforming the finance and accounting landscape. With repetitive and routine accounting tasks increasingly being automated with the use of AI and robotics, accounting professionals need to acquire new skillsets to meet the changing industry needs.
Victor Goh was formerly practising in a highly-specialised science field. At the time, he began to witness how fast the job market is changing in response to global trends. Meanwhile, he realised his increasing interest in finance. He decided to pursue it further. “I wanted to embark on a course that would make me more versatile in a world of everchanging opportunities,” he says. Today, he is nine months into the Nanyang Technological University’s (NTU) MSc Accountancy programme. Here, he shares three reasons why the choice has been 100% right.
In an environment with increasingly complex and high-volume data, the use of technology and data analytics allows auditors to gain a deeper understanding of an entity to enhance the quality of an audit.
Using analytics improves audit efficiency by facilitating the performance of tedious tasks, freeing the auditor to focus on risk areas more effectively. The increasing use of analytics is also largely driven by stakeholders’ expectations. In many jurisdictions, including Singapore, auditors are expected to use technology, particularly data analytics, when performing audits.
Why This Mid-Careerist Embarked on the MSc Accountancy Programme:
“I’m under no illusion that what I’ve learnt in the past will last me a lifetime.”
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