Singapore's accounting sector saw higher revenue, median salaries and more jobs in 2025
Singapore's accounting sector experienced growth in revenue, median salaries, and the size of its workforce in 2025. Findings from a survey by the Accounting and Corporate Regulatory Authority showed revenue reached $3.7 billion. The survey included 238 accounting entities, covering 92 percent of the sector's total revenue. There is an increasing focus on specialized skills and artificial intelligence within the industry. This annual national survey has been conducted since 2015. The data is used to inform policy decisions and track economic performance.
Amid a growing emphasis on artificial intelligence (AI) and specialised skills, Singapore's accounting sector saw increases to its workforce's median salaries and size, and revenue, according to key findings from the Accounting and Corporate Regulatory Authority (ACRA)'s survey.The Accounting Entities Survey 2026, an annual national survey of Singapore's accounting firms and practices since 2015, drew responses from 238 accounting entities — representing 92 per cent of the sector's revenue of $3.7 billion in 2025.It is intended to provide insights into the sector's economic performance and workforce trends to inform policy decisions and help stakeholders better understand developments in the accountancy sector, ACRA said in a media factsheet issued on Wednesday (Nov 11).According to the survey, the growth of 5.1 per cent, or $177.4 million, was led by business advisory services — increasing by $115.1 million from the $891.7 million posted in 2024.