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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 / 10 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.”
ACCA’s website will include the latest research, events and opinion on this issue – visit http://www.accaglobal.com/accountants_business
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Notes to Editors
1. ACCA is the global body for professional accountants. We aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management. We have 362,000 students and 131,500 members in 170 countries worldwide.
2. ACCA has worked with governments, national organisations and development agencies in emerging economies- for over 20 years- promoting the accounting profession, to create value for the communities, businesses and individuals it serves.
3. ACCA believes that globalisation of business means that one set of reporting standards is essential. We favour the principles-based IFRS.
4. ACCA understands the real issues facing small businesses as 63,000 of our members work in SMEs or small partnerships worldwide.
For further information please contact:
Helen Thompson, ACCA Newsroom +44 (0)20 7059 5759 +44 (0)7725 498654 helen.thompson@accaglobal.com