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July 31, 2008updated 29 Apr 2022 9:04am

CPAs rise rapidly

New professionals can quickly rise through the ranks within the first few years of their career, according to research by the Institute of Certified Public Accountants of Singapore.

On average, accountants surveyed for the study had been in the profession for six years but the level of experience and age gaps between the more junior staff and senior staff was not significant.

The study revealed that 21 percent of accountants had risen into managerial positions within five years of joining the profession. The research, conducted by the Kadence International Business Research Group, also found that 84 percent of accountants value an affiliation with a professional body as important for career progression.

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