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Accountants for Business - bringing benefits, from the boardroom to the small business sector
Accountants for Business is the global theme adopted for 2009 / 2010 by ACCA (the Association of Chartered Certified Accountants).
This theme emphasises the important roles accountants play in both the private and public sectors, promoting their role as advocates of sound business practices, champions of sustainable business development and identifiers of value drivers which lead to high-performing organisations.
Dr Steve Priddy, Director of Technical Policy and Research, ACCA says: “This is an agenda for business which puts sound financial management at its heart.
It highlights the importance of accountants to fostering long-term corporate success.
“There has never been a more crucial time for accountants to continue to show their true value. Over the last 18 months, as a systemic banking collapse has evolved into significant worldwide recession in many countries, a range of presumptions about accounting, organisations and society will be questioned – and we believe that the role of the accountant will emerge into a golden age as a champion of sustainable value in business.
“Corporate governance, regulation, asset pricing, risk management, remuneration design are all subject to root and branch examination. What organisations need now is the firm leadership and financial discipline for the immediate short term, and the confidence of knowing they possess a business model which is sustainable. As global economic conditions continue to be uncertain, CFOs have every opportunity to emerge as leaders and to rise to the challenges ahead.”
For further information please contact:
Ainul Ibrahim Corporate Communications Manager +603 2713 5051 ext 17 ainul.ibrahim@my.accaglobal.com