Zam­bia needs new breed of ac­coun­tants-ex­pert

Daily Nation Newspaper - - BUSINESS WORLD -

By SI­MON MWANZA ZAM­BIA needs a new breed of ac­coun­tants who should go be­yond tra­di­tional roles to help the econ­omy at­tain pro­duc­tiv­ity and growth, says Mu­lenji Char­tered Global Man­age­ment Ac­coun­tants (MCGMA) chief ex­ec­u­tive of­fi­cer Victor Nya­sulu.

Mr Nya­sulu said ac­coun­tancy was a pro­fes­sion that faced pres­sure deal­ing with an ever-chang­ing busi­ness en­vi­ron­ment while its in­trin­sic trust and cred­i­bil­ity was be­ing ques­tioned.

“Volatil­ity, un­cer­tainty, com­plex­ity and am­bi­gu­ity call for a new breed of ac­coun­tants with skills adding to the com­pet­i­tive ad­van­tage of lo­cal en­ter­prises and econ­omy,” said Mr Nya­sulu.

Speak­ing on the side­lines of the in­au­gu­ral Char­tered Global Man­age­ment Ac­coun­tants-(CGMA) in Johannesburg, South Africa, Mr Nya­sulu im­plored the ac­count­ing pro­fes­sion to rein­vent it­self to re­main rel­e­vant.

“To­day, ac­count­ing has to be about value and in­for­ma­tion from data. His­tor­i­cal in­for­ma­tion is use­ful, but clients want ac­coun­tants who un­der­stand them and proac­tively shape paths to suc­cess.

“The world is ever chang­ing and there is in­creas­ing pres­sure to pro­vide com­pelling value add to the num­ber crunch­ing.”

Mr Nya­sulu

Newspapers in English

Newspapers from Zambia

© PressReader. All rights reserved.