Analysis from ACCA (the Association of Chartered Certified Accountants) uncovers the drivers of change shaping sustainable business and the must-have capabilities needed from accountants as sustainable business and finance professionals of the next decade.
ACCA is building on its global research programme with the launch of the new report, Professional accountants at the heart of sustainable organisations.
This latest research considers the future of the accountancy profession
and identifies four new emerging career zones of opportunity for
finance professionals where they can make vital contributions to
businesses and other organisations:
- Zone 1: Transformation drivers
- Zone 2: Enterprise analysts
- Zone 3: Assurance providers
- Zone 4: Stakeholder reporters
The report also outlines the core competencies needed in assessing
the outlook to 2030, reflecting the skills, knowledge and behaviours
required for an ACCA-qualified accountant to meet the future needs and
demands of the profession. Individuals will need to balance these core
capabilities - such as collaboration, ethics, sustainability and
expertise - to fit their role and stage of career.
Helen Brand OBE, chief executive of ACCA, said: ‘With the
unprecedented challenges the world has faced since the start of the
Covid-19 pandemic, our world today is not as many expected. This new
report emphasises the role of business in society. Organisations large
and small - in the private and public sectors - will play an essential
role in forging a better world for the longer term beyond the ravages of
the pandemic, and in dealing with the growing environmental emergency.
The accountancy profession is an integral part of this.
‘The newly identified career zones represent a wealth of opportunity
for accountancy jobs in all sectors and industries across the globe.
Professional accountants are the sustainable business and finance
professionals of the next decade, driving good business decision-making,
creating new organisational value, protecting existing value, and
communicating that value to the outside world through their reporting.
‘In tomorrow’s complex world, a human touch is still needed, where
finance professionals bring their competencies, ethical and professional
judgment to bear alongside their technical mastery and technological
know-how to support organisations to generate sustainable societal
value.’
The report uses findings gathered over the past two years, including a
survey of over 2,000 responses from finance professionals, and is
enriched by a wide-ranging and extensive engagement programme of
roundtables with external stakeholders across the world from October
2020 to June 2021. These explored the drivers of change impacting the
profession as well as examining the core capabilities needed by
accountants in the future including consultation with focus groups, ACCA
global forums and market specific external experts....
more at ACCA
© ACCA - Association of Chartered Certified Accountants
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