Trade, talent and technology and their impact upon productivity were discussed at the first meeting of the ACCA (the Association of Chartered Certified Accountants) / Jenson Fisher Business Forum hosted by EQ Chartered Accountants in Dundee.
The inaugural event gathered together senior business leaders from across the city and Tayside to debate a series of topic areas.
Forum members - consisting of Partners and Directors from leading businesses - concluded that there needed to be a greater focus on productivity from the grass roots up and a greater focus by companies on increasing efficiency rather than simply reducing costs.
Head of ACCA Scotland, Craig Vickery who chaired the debate said,
‘The Scottish economy needs to out-perform the rest of the UK otherwise the overall Scottish budget will suffer as a result of the transfer of tax powers to Holyrood and consequential adjustments in the Treasury block grant. The UK, and Scotland, have a long way to go to improve productivity. Ensuring we have a skilled, motivated and efficient workforce has to be our number one priority.
‘ACCA welcomes the increased focus on apprenticeships, vocational qualifications and work-based learning. Our recent research Professional Accountants – the Future conducted with the assistance of over 2,000 professional accountants and 300 workshops, highlighted the need for finance leaders to widen their own skills. Technical excellence is a given but finance professionals need emotional, digital creative skills with the vision and creativity to deliver.’
Martin Crines, Partner of Jenson Fisher commented,
‘Professional accountants have a crucial role in advising businesses across every sector and industry. Therefore it is important that they are equipped with the right blend of skills and experience to play a role in promoting growth and future-proofing business for the 21st century.
‘In particular this means that the profession has to continue to work hard to promote a range of access routes for all backgrounds and career-long learning to ensure skills remain relevant. Partnering with ACCA on this forum offered a unique opportunity to openly discuss the needs of Scottish business and how professional bodies and the recruitment sectors can support them.’
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Notes to Editors
ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants, offering 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.
ACCA supports its 198,000 members and 486,000 students in 180 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 101 offices and centres and more than 7,291 Approved Employers worldwide, who provide high standards of employee learning and development. Through its public interest remit, ACCA promotes appropriate regulation of accounting and conducts relevant research to ensure accountancy continues to grow in reputation and influence.
Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. It believes that accountants bring value to economies in all stages of development and seek to develop capacity in the profession and encourage the adoption of global standards. ACCA’s core values are aligned to the needs of employers in all sectors and it ensures that through its range of qualifications, it prepares accountants for business. ACCA seeks to open up the profession to people of all backgrounds and remove artificial barriers, innovating its qualifications and delivery to meet the diverse needs of trainee professionals and their employers.
About Jenson Fisher
Jenson Fisher Consulting are an established recruitment firm specialising in Accountancy & Finance, Office Support, Procurement & Supply Chain and Financial Services. With an office network stretching from Dundee to London, Jenson Fisher offer an expert recruitment service to their candidates and clients alike.
As a specialist recruitment business, Jenson Fisher understand the markets in which they operate and offer assurance that their clients work with consultants who are genuine experts in their market. All consultants are experienced and have developed extensive client and candidate networks, born from long lasting professional relationships.
Jenson Fisher aim to be recognised as the leading recruitment and search entity in their chosen markets and achieve their mission statement, enabling businesses to grow and careers to flourish.