8 in 10 fresh graduates get full-time job within 6 months
By John Leong
POSTED: 28 Feb 2014 18:30
SINGAPORE: About eight in 10 graduates from the three autonomous universities in Singapore found a full-time job within six months.
This was slightly fewer than in 2012.
It was one of the findings of a poll of some 10,500 graduates who were in the market for a job.
The survey was conducted by the National University of Singapore (NUS), Nanyang Technological University (NTU) and the Singapore Management University (SMU).
Fresh graduates with engineering or accountancy-related qualifications were particularly in demand across the board, while others included business, nursing, and maritime studies.
Meanwhile, the average gross monthly salary among those in full-time jobs was about S$3,200.
The median gross monthly salary was about S$3,000.
This was comparable to what they received in 2012.
SMU graduates generally led the way, with average starting salaries hitting nearly S$3,500.
Among graduates from courses requiring practical training, nearly 98 per cent found full-time employment last year.
These were in areas such as law, medicine and architecture.
On average, they earned a monthly starting salary of about S$4,600, nearly S$100 more than in 2012.
- CNA/xq
- wong chee tat :)
Showing posts with label acca. Show all posts
Showing posts with label acca. Show all posts
Friday, February 28, 2014
Thursday, August 15, 2013
Companies urged to raise quality of financial reporting
Companies urged to raise quality of financial reporting
POSTED: 14 Aug 2013 11:22 PM
Companies need to take greater ownership over their financial statements and raise the quality of financial reporting. That is the conclusion following a survey conducted by ACRA and ACCA this year.
SINGAPORE: Companies need to take greater ownership over their financial statements and raise the quality of financial reporting.
That is the conclusion following a survey conducted by the Accounting and Corporate Regulatory Authority (ACRA) and the Association of Chartered Certified Accountants (ACCA) this year.
About half of the 400 accountants surveyed appeared to put the main responsibility for the preparation of financial statements on auditors.
Speaking at the Public Accountants Conference on Wednesday, Minister of State for Finance Josephine Teo said this suggests that poor preparation of financial statements stems from the lack of ownership of the quality of financial reporting by companies.
According to measures identified in the survey, companies should put greater emphasis on developing the resources needed for effective financial reporting. These include bringing on board qualified accountants, enhancing training and implementing suitable IT systems.
Meanwhile, ACRA is studying ways to further strengthen financial reporting.
These include making key office holders like CEOs and CFOs of listed companies legally liable for their companies' financial reports.
Currently, only directors have legal responsibility for the companies' financial statements.
Mrs Teo said: "The top management of a company has to set the tone right. They must also take ownership of putting in place the right systems and people to enable the preparation of accurate financial statements.
"High-quality financial reporting is part and parcel of good governance and is key to maintaining Singapore's competitive advantage as a trusted business environment."
- CNA/ms
- wong chee tat :)
POSTED: 14 Aug 2013 11:22 PM
Companies need to take greater ownership over their financial statements and raise the quality of financial reporting. That is the conclusion following a survey conducted by ACRA and ACCA this year.
SINGAPORE: Companies need to take greater ownership over their financial statements and raise the quality of financial reporting.
That is the conclusion following a survey conducted by the Accounting and Corporate Regulatory Authority (ACRA) and the Association of Chartered Certified Accountants (ACCA) this year.
About half of the 400 accountants surveyed appeared to put the main responsibility for the preparation of financial statements on auditors.
Speaking at the Public Accountants Conference on Wednesday, Minister of State for Finance Josephine Teo said this suggests that poor preparation of financial statements stems from the lack of ownership of the quality of financial reporting by companies.
According to measures identified in the survey, companies should put greater emphasis on developing the resources needed for effective financial reporting. These include bringing on board qualified accountants, enhancing training and implementing suitable IT systems.
Meanwhile, ACRA is studying ways to further strengthen financial reporting.
These include making key office holders like CEOs and CFOs of listed companies legally liable for their companies' financial reports.
Currently, only directors have legal responsibility for the companies' financial statements.
Mrs Teo said: "The top management of a company has to set the tone right. They must also take ownership of putting in place the right systems and people to enable the preparation of accurate financial statements.
"High-quality financial reporting is part and parcel of good governance and is key to maintaining Singapore's competitive advantage as a trusted business environment."
- CNA/ms
- wong chee tat :)
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