The Institute of Singapore Chartered Accountants and the Infocomm Media Development Authority have jointly launched AIxAccountancy, a dedicated artificial intelligence fluency programme for accountancy and corporate finance professionals, as reported by The Business Times. The programme is the first of its kind developed under IMDA's partnership with professional bodies and sits within Singapore's National AI Impact Programme, which aims to train 100,000 non-tech professionals to become fluent in both their domain expertise and AI over the next three years.

AIxAccountancy supports ISCA's target of upskilling 60,000 accountancy and corporate finance professionals over the same three-year period. The programme is designed for self-paced online learning and will be offered free of charge to ISCA members who are Singapore citizens or permanent residents.

The curriculum is structured across two progressive phases. Phase 1 covers AI skills for common workplace tasks, including creating AI-enabled workflows for financial statement analysis, with hands-on experience across a range of AI tools. Phase 2 focuses on AI applications in role-specific workflows across accounting, finance, auditing and taxation, with the curriculum to be regularly refreshed to remain industry-relevant.

Learners who complete both phases receive a certificate, a digital badge and Continuing Professional Development Education hours. The badge is described as a verifiable, tamper-proof record of achievement recognising AI proficiency. Professionals in or aspiring to management roles can subsequently access additional modules on leading responsible AI adoption and driving AI transformation within their organisations.

Participants also gain access to AI Nexus, a dedicated hub for accountancy and corporate finance professionals to share insights, resources and best practices on AI adoption, alongside a sandbox environment for experimenting with and building AI-assisted workflows.

Singapore's Accountant-General's Department is planning to incorporate AIxAccountancy into training for all 4,000 public-sector finance and internal audit officers, underlining the programme's reach beyond the private sector.

Second Minister for Finance Indranee Rajah, who announced the launch at ISCA's annual dinner, said accountants must keep up with changes including by embracing AI transformation, and added that the programme would enable professionals to move beyond routine work and focus on tasks requiring judgment, analysis and decision-making, where the true value of the accountancy profession lies.

For Irish accountancy bodies and firms developing their own AI competency frameworks, the structured, phase-based approach adopted in Singapore offers a practical reference point as pressure mounts across the profession globally to demonstrate measurable AI capability at an organisational level.