24 Oct '11, 2pm

Accounting firms can help S'pore stay competitive: DPM Teo

Accounting firms can play an important role in helping Singapore stay competitive in the financial services industry while also devising innovative business models, said Deputy Prime Minister Teo Chee Hean (above) on Monday. -- ST PHOTO: RAJ NADARAJAN By Jonathan Kwok Accounting firms can play an important role in helping Singapore stay competitive in the financial services industry while also devising innovative business models, said Deputy Prime Minister Teo Chee Hean on Monday. Mr Teo pointed out that the accountancy sector, with its adherence to international standards and regulation, will play a crucial role in helping other businesses grow while also thriving as an industry in its own right. 'We want Singapore to be a global accountancy hub that offers high-value-added professional accountancy services, that is a home for global accountancy organisations and serves a...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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