ACCA redefines roles for Nigerian accountants
Niyi Olaoye
Head, Association of Chartered Certified Accountants (ACCA) Nigeria Country representative, Toyin Ademola said that the institute has recently revolutionized accountant’s role with finance professionals becoming leaders, trusted expert counsel and key strategic advisers to organizations whether in the public or private sectors.
To define what the 2016 finance professional must look like, the institute has developed a set of seven Professional Quotients – a mix of technical knowledge, skills and abilities formed with interpersonal behaviours and qualities.
Ademola who was speaking at the launch of the report noted: “With this metamorphosis comes a requirement for a whole new set of skills. On top of technical excellence, professional accountants now require creativity, emotional intelligence and the vision to lead.”
With input and insight from over 2000 business and finance professionals around the world, professional accountants – the future is the most in depth analysis of the profession – and where it is headed – ever conducted says Ademola.
“We discovered a brave new world of more regulation, greater globalisation, ever increasing risk, and of course, massive technological advancement. The accountancy profession has to be ahead of the curve on all fronts – trained to the highest of professional standards, looking beyond the numbers and with a global mind set.”
According to Ademola, her message to current and aspiring accountants is that a blend of all these attributes make the perfect finance professional, ready for the global business challenges they will face.
“These ‘magnificent seven’ strengths show the way ahead. They are the means by which accountants use their technical knowledge, skills and abilities blended with the interpersonal behaviours and qualities to put them to use.
“Everyone has their own strengths and weaknesses. The key is to recognise where you excel and where you need to work to build your competency through the continuous professional development which professional accountants already know so well.”
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