The accounting and professional services industry is back in focus today. 

Founded in 1904, our guest is the Association of Chartered Certified Accountants or ACCA. This is a global body for professional accountants with over 200,000 fully qualified members and 500,000 students worldwide.  

While widely known as an association or educational body, ACCA essentially operates like a business with a turnover of over 200 million British pounds for the year ended March 2023.

It generates revenues through membership fees, courses and certification, but which is the most important revenue stream for the association?

Meanwhile, the number of accounting degree students at universities in Singapore has reportedly dropped over 10 percent over the past five years, despite rising demand for accounting professionals.  

So what does the talent shortage mean for ACCA in terms of potential future revenue? Also – how does the rising demand for accounting professionals provide ACCA an opportunity to get more people into the accounting profession and reverse the decline?

On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed the questions to Daniel Leung, Country Manager, ACCA Singapore.

The accounting and professional services industry is back in focus today. 
Founded in 1904, our guest is the Association of Chartered Certified Accountants or ACCA. This is a global body for professional accountants with over 200,000 fully qualified members and 500,000 students worldwide.  
While widely known as an association or educational body, ACCA essentially operates like a business with a turnover of over 200 million British pounds for the year ended March 2023.
It generates revenues through membership fees, courses and certification, but which is the most important revenue stream for the association?
Meanwhile, the number of accounting degree students at universities in Singapore has reportedly dropped over 10 percent over the past five years, despite rising demand for accounting professionals.  
So what does the talent shortage mean for ACCA in terms of potential future revenue? Also – how does the rising demand for accounting professionals provide ACCA an opportunity to get more people into the accounting profession and reverse the decline?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed the questions to Daniel Leung, Country Manager, ACCA Singapore.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Under the Radar: ACCA as a business with a turnover of over £200m; Spending power of members, partner firms; Positioning against other industry players; Accounting talent shortage in Singapore and impact on top and bottom lines

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