ACCA trains undergraduates on accounting procedures

THE Association of Chartered Certified Accountants (ACCA) just concluded a training session for university students in the South Western states to acquit them with the basic prerequisites of the profession.

The universities are Elizade University, Ilara-Mokin, Afe Babalola University, Ado-Ekiti, Joseph Ayo Babalola University, Ikeji-Arakeji, Redeemers University, Ekiti State University, Ado-Ekiti among others.

According to ACCA, the seminar tagged: “Inspiring future leaders in finance”, is aimed at providing public value and creating a forum to develop the participants’ soft skills, knowledge in finance and the opportunity to be different with the ACCA qualification.

The Business Development Manager of the association, Akinyemi Adeyemi, explained that event has been created for management and students of universities in the region to address potential challenges.

ACCA, founded in 1904, is a global body for professional accountants who have consistently held unique core values and opportunity, diversity, innovations, integrity and accountability.

Adeyemi said: “We believe that accountants bring value to economies in all stages of development. We aim to develop capacity in the profession and encourage the adoption of global standards.

“Our values are aligned to the needs of employers in all sectors and we ensure that, through our qualifications, we prepare accountants for business. We seek to open up the profession to people of all back grounds and remove artificial barriers, innovating our qualifications and their delivery to meet the diverse needs of trainee professionals and their employers.”

Akinyemi stated that ACCA works to strengthen a global profession based on the application of consistent standards, which best supports international business and the desire of talented people to have successful, international careers.
He said: “We champion the needs of Small and Medium Enterprises (SMEs) and emerging economies, and promote the value of sustainable business.

The association also organized an inter-university debate on a topical finance issue and feature presentations by ACCA Nigeria team members centred round the benefits of the qualification, as well as an employability session facilitated by Toyin Ademola, the Country Head, ACCA Nigeria.

Akinyemi explained that the initiative among the student community across the 36 states of the federation is part of their Corporate Social Responsibility (CSR) to give back to the society and work in the public interest, assuring that its members are appropriately regulated for the work they carry out.

He said: “We support our 170,000 members and 436,000 students in 180 countries, helping them to develop successful careers in accounting and business, with the skills needed by employers. We work through a network of 91 offices and centres and more than 8,500 approved employers worldwide, who provide high standards of employee learning and development.

“We actively seek to enhance the public value of accounting in society through international research and we take a progressive stand on global issues to ensure accountancy as a profession continues to grow in reputation and influence,” he said.