Accelerating the Sector鈥檚 Digital Transformation
with the Accountancy Industry Digital Plan (IDP)
The Accountancy IDP is a roadmap that guides and supports SMPs on their digitalisation journey.
It focuses on three strategies: enhancing digital skills and knowledge, promoting the adoption of technology, and developing accounting technology and innovations.
The IDP comprises a Digital Roadmap that guides SMPs on the digital solutions to adopt and the employee training to undertake at each stage of their digital development.
SMPs can visit the , a one-stop portal that provides information to support their digital development. For SMPs that are keen to develop new accountancy technologies and business models, the is a valuable resource.
The Accountancy IDP was jointly developed in August 2019 by the Singapore Accountancy Commission, the Institute of Singapore Chartered Accountants (ISCA) and the . It is part of IMDA鈥檚 SMEs Go Digital programme, which aims to simplify the process of digital adoption for SMPs.