The Accounting Innovation Challenge goes FULLY VIRTUAL

The Accounting Innovation Challenge is ONLINE & OPEN to all. The Singapore Accountancy Commission and CPA Australia are inviting YOU to build the future of accounting today. Whether you are an accountant, a designer, a developer, an entrepreneur, a student or someone who's simply curious, share your expertise, learn new skills and help an industry worth more than $2 billion innovate. You will meet industry experts and mentors along the way. Come build the future with us in the region's BIGGEST accounting hackathon!

Why Join?

Connect with other like-minded individuals and corporates to kickstart collaborative innovation

Receive mentorship and
industry guidance to
validate your solution

More than
in total cash pool to be won

Highlights from Accounting Innovation Challenge 2021

Challenge Statements

How might we use technology to identify skills and competency gaps that potential recruits and current employees have, to assess “the right fit” for the organisation and reduce hiring costs?

How might the accounting sector better optimise manpower and / or augment the existing workforce, to deal with varying levels of resources required during peak and off-peak periods?

How might we leverage technology to reduce manual effort and increase effectiveness when performing preparation work for the internal financial reporting process?

How might we create an automated vouching system for test of details which will replace a large amount of manual effort that typically comes along with performing vouching in an audit process?

How might we leverage technology to reduce manual effort and increase effectiveness when performing financial forecasting and analysis for small and medium enterprises?

How might we create a common disclosure matching platform that is able to simplify or automate the checking process of disclosure checklists to save time and manual effort while retaining accuracy and completeness?

How might we leverage technology to help small and medium tax service providers collect required accounting information from their SME clients and prepare their tax computations more efficiently?


18 August 2021 (Wednesday)

First time at a hackathon? Fret not, our friendly community members are here to answer any questions you might have!

21 & 28 August 2021 (Saturday)

Dive deeper into the context behind the challenges so you can solve them better. With workshops ranging from product-market fit to a future-ready accountancy career, you'll be able to acquire know-how that will help you succeed beyond this challenge!

4 Septermber 2021 (Friday)

Innovation is tough, but it does not have to be lonely. Receive dedicated advise from our committed community of mentors from ACCA and the Big Four to give your solution a best shot at success.

Come hack with us!

Anyone aged 16 and above can sign up as an individual or as a team. Coders, designers, entrepreneurs, professionals and students – all are welcome regardless of background and experience!

Winning teams will have an opportunity to join Action Community for Entrepreneurship’s start-up mentorship programme, BACECAMP* which allows start-ups to access Enterprise Singapore’s Startup SG Founder grant. 

*BACECAMP is a structured mentorship programme organised by ACE to equip early-stage start-ups with key insights, best practices and capabilities to start and grow. Participating start-ups would receive mentorship, attend workshops and talks on key topics as well as access a suite of resources provided by ACE’s network of partners.

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