Wednesday, April 30, 2008

Accounting not just for accountants

The President of the Association of Chartered Certified Accountants Ghana, Kwame Antwi Boasiako has said the accountancy profession is open to professionals of all walks of life.

In his view, medical officers, teachers, engineers among others who have keen interest in the profession could simply start afresh from the basics and would be welcomed into any accounting institution afterwards.

Mr. Antwi Boasiako spoke to The Statesman after a press soiree organised for the media by the Association of Chartered Certified Accountants in Accra on over the weekend.

The programme was organised to offer a platform for members of ACCA to interact and share ideas with the media. It was to also offer opportunity for the media to keenly monitor the activities of the accountancy Body with regards to its stance on issues related to the country's economic and contribution to national development.

Mr Antwi Boasiako disclosed that professionals from other institutions who are interested in becoming accountants should start accounting afresh from the Institute of Professional Studies which has the skills to transforms their knowledge in the accounting way.

This, he said will put them in good shape to write any of the professional examinations afterwards and possibly join the ACCA.

He described ACCA as a global accountancy body which has been in existence for over 100 years with about 122,000 members and 325,000 students in 175 Countries.

"Our aim is to offer business-relevant, first choice qualifications to people of application, ability and ambition around the world. We use our expertise and experience to work with governments, donor agencies and professional bodies to develop the global accountancy profession and to advance public interest, he said.

According to him one needs to complete 14 papers with a minimum of practical experience among other ethical modules to become a member of ACCA.

Meanwhile, the ACCA has announced it will hold its Annual General Meeting on May 28 this year to deliberate on last year's performance. The meeting, Mr. Antwi Boasiako said will afford members the opportunity to set new strategies and targets in the interest of all members and their clients to ensure continuous success in their endeavour.

The body has about 1,000 members and 12,000 students studying at various levels of the ACCA examination.

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