Singapore, 8 June 2020 – Deloitte and Nanyang Business School (NBS) at Nanyang Technological University, Singapore (NTU Singapore) are collaborating to train a new generation of accountants to be skilled in audit analytics, where technology is leveraged in the application and analysis of data in auditing.
The memorandum of understanding to launch a new course in audit analytics for NTU accountancy students was symbolically inked by NBS Dean Professor Christina Soh and Mr Cheung Pui Yuen, Chief Executive Officer, Deloitte Singapore in a virtual ceremony today.
The first run of the course will commence in the new semester starting August 2020.
As the accounting profession increasingly leverages technological advancements to perform tasks such as data analytics, it is important for accountants to possess the skills needed to read and interpret the data and to perform higher value work that improves financial reporting standards and audit quality to remain relevant in the future.
This course aims to build audit analytics capabilities in the students so that they are equipped with the relevant skillsets and the right mindset when they enter the profession. It will also prepared them for what lies ahead as the role of the accountant continues to evolve.
Delivered over 13 weeks by a Deloitte Audit & Assurance Partner and an Audit Analytics Senior Manager, students taking the module will learn to apply data analytics in audit and practise on real-life examples through the development of prototype visualisation dashboards.
Upon completion of the course, the students will have an added advantage to be evaluated and considered for priority internship and job placements at Deloitte.
Mr Cheung Pui Yuen, Chief Executive Officer, Deloitte Singapore said, “It is exciting for us to be collaborating with Nanyang Business School (NBS) at NTU Singapore to equip future accountants with the skills that they need to thrive and grow in the profession. The skillsets and experience that they will gain from this course will allow them to be effective as the profession increasingly makes use of technology, and value-add to their organisations and their clients. This collaboration with NBS also benefits the profession as a whole. It is vital to build capabilities amid disruption and transformation so that the profession can continue to be of value to businesses and our communities.”
Professor Christina Soh, Dean, Nanyang Business School said, “NTU’s Nanyang Business School (NBS) is happy to partner Deloitte to provide our accountancy students with more opportunities to acquire important skills that are critical to future accountants. Through this Audit Analytics course, students will be learning to apply data analytics in the field of accounting and audit, and to use data to gain meaningful insights and make value-adding propositions. The ability to harness and leverage digital technology such as data analytics will be essential to accountants as they help organisations to innovate, lead and transform. With the introduction of this course, NBS continues its proud tradition of training and preparing students for the future economy.”
Offered as an elective course, this new course is open to all NBS accountancy students that have taken the pre-requisite AC2104 Assurance & Auditing.
Feisal Abdul Rahman
Corporate Communications Office
Nanyang Technological University
Marketing and Communications
About Nanyang Technological University, Singapore
A research-intensive public university, Nanyang Technological University, Singapore (NTU Singapore) has 33,000 undergraduate and postgraduate students in the Engineering, Business, Science, Humanities, Arts, & Social Sciences, and Graduate colleges. It also has a medical school, the Lee Kong Chian School of Medicine, set up jointly with Imperial College London.
NTU is also home to world-class autonomous institutes – the National Institute of Education, S Rajaratnam School of International Studies, Earth Observatory of Singapore, and Singapore Centre for Environmental Life Sciences Engineering – and various leading research centres such as the Nanyang Environment & Water Research Institute (NEWRI) and Energy Research Institute @ NTU (ERI@N).
Ranked 11th in the world, NTU has been placed the world’s top young university for the past six years. The University’s main campus is frequently listed among the Top 15 most beautiful university campuses in the world and has 57 Green Mark-certified (equivalent to LEED-certified) buildings, of which 95% are certified Green Mark Platinum. Apart from its main campus, NTU also has a campus in Novena, Singapore’s healthcare district.
About Nanyang Business School
Consistently ranked among the world’s premier business schools, Nanyang Technological University’s Nanyang Business School (NBS) has been nurturing leaders for business and public service, advancing global management knowledge and practice for over 50 years. Being fully integrated into Nanyang Technological University, we draw on the strengths of one of Asia’s most comprehensive research-intensive universities to provide holistic, interdisciplinary business education. NBS believe that responsible and culturally sensitive leadership in business and government is crucial to securing a sustainable future for a globalised world. Through teaching and research, NBS grooms culturally intelligent leaders who pursue lasting success that seeks not only economic profit, but also the interests of the community and environment.
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