The end of the accounting profession as we know it?

The accounting profession will face significant changes in the next three decades, and professional organizations, their members, and educational institutions should respond

Association of Chartered Certified Accountants (ACCA) research—Drivers of Change and Future Skills—has explored these important changes, expected to be encountered by the year 2025. I was privileged to have been part of the team from Uganda discussing the future of the Accounting profession. One of the highlights was on the need to have professional Quotients and below is an excerpt from the report.

PROFESSIONAL QUOTIENTS (PQ): This analysis suggests that to add value for their employers and clients, the professional accountant of the future will need an optimal and changing combination of professional competencies: a collection of technical knowledge, skills and abilities, combined with interpersonal behaviours and qualities. By 2020, all professional accountants will need to develop and balance the necessary professional quotients to fit their role and stage of career.

6 Ways of Maximizing your ACCA Membership

This was my speech to the 104 new ACCA Affiliates in Uganda on the 5th September 2014 on value of ACCA membership. I salute and congratulate Affiliates of 2014 once again.

I identify better with real life stories, therefore I chose to reflect on my own journey thus far, though am a believer that my better days are ahead. I preferred to narrow it down to 6 ways of maximizing ACCA membership as follows.