Measuring the Accountancy Sector's Productivity in Singapore

This report provides scorecards and benchmarking results for Singapore enterprises, particularly gaps in their business productivity and financial efficiency as measured against the performance of global peers. It also provides global benchmarks that other CFOs in Asia can use to measure the performance of their own organization.

The findings suggest that Singapore enterprises have a lot of work to do in improving Days Sales Outstanding and Receivables Overdue, and in implementing automated control testing, a financial cockpit and/or dashboard, and an automated change management and administration system.

Contents

  • Scorecards at a glance
  • Methodology
  • Findings, Accounting and Finance functions
  • Findings, Public Accounting Firms
  • Conclusion

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