Singapore's accountancy sector has plugged a gap in its productivity drive with the first industry-wide productivity benchmark. The Institute of Certified Public Accountants Singapore (ICPAS) and SAP, which produced the benchmark, intends to publish it at least yearly to track productivity trends in the sector, said ICPAS CEO Lee Fook Chiew. In a recent interview with BT, Associate Dean (Curriculum & Teaching) of the SMU School of Accountancy and Associate Professor of Accounting (Practice) Themin Suwardy called the lack of an industry productivity benchmark a "big gap" in a sector striving for higher levels of productivity because firms would not know in which areas they would improve.