Accelerating the Sector’s Digital Transformation
with the Accountancy Industry Digital Plan (IDP)
The Accountancy IDP is a roadmap that guides and supports SMPs on their digitalisation journey.
The Accountancy Industry Digital Plan (IDP)
(PDF, 2.6MB) helps Small and Medium-sized Practices (SMPs) adopt technology for greater productivity and competitiveness.
It focuses on three strategies: enhancing digital skills and knowledge; promoting the adoption of technology; and developing accounting technology and innovations.
The IDP comprises a Digital Roadmap which guides SMPs on the digital solutions to adopt and the employee training to undergo at each stage of their digital development.
SMPs could also visit the SMP Centre
, a one-stop portal that provides information to support their digital development. For SMPs which are keen to develop new accountancy technologies and business models, the Accounting Technology & Innovation Centre
is a good resource.
The Accountancy IDP was jointly developed by the Singapore Accountancy Commission, the Institute of Singapore Chartered Accountants (ISCA) and the Infocomm Media Development Authority (IMDA)
in August 2019; and it is part of IMDA’s SMEs Go Digital programme that aims to make going digital simple for SMPs.