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Singapore Public Accountants Address Sector’s Key Challenges

1) reviewing the international mobility policy,
2) create a transparent platform for employee grievances,
3) enhance clarity over partner admission criteria,
4) clarify and create a more level playing field for women to aim for partnership and
5) introduce company-level quality controls to address perceived deficiencies such as the lack of comprehensive structured training.

Rikvin is optimistic that the suggested action plan for firms will set the public accountancy industry on a path towards achieving its goals. Commenting further, Mr. Satish Bakhda, Head of Operations at Rikvin, said, “As with any industry, the issue of attracting and retaining talent is a growing concern for many employers. On a national level, Singapore has many features which make it a desirable place to work and life for many professionals in the Asia Pacific region and beyond. This is part of the reason why the Singapore work visa is so coveted.”

“Nonetheless, on a microscopic level, every Singapore company involved in auditing needs to promote efficiency, clarity and rewards at every stage so that a career in auditing becomes more worthwhile and meaningful. We are confident that the proposed solutions, when applied in every firm, will create greater satisfaction for all parties – client, employee and organization,” he added.

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Rikvin is a Singapore-based consultancy that offers business solutions for both local and foreign professionals, investors and entrepreneurs. Rikvin’s areas of expertise include Singapore company registration, incorporation, offshore company setup, accounting, taxation and other related corporate services. Rikvin also provides Singapore work visa and immigration services for foreign professionals wishing to relocate to Singapore.

20 Cecil Street, #14-01, Equity Plaza, Singapore 049705
(65) 6320 1888

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