The Institute of Chartered Accountants, Ghana (ICAG) has asked its district societies to mentor students so they may become independent chartered accountants with the modern knowledge necessary to expand the profession's boundaries for the next generation.
Sena Dake, the president of ICAG who issued the recommendation, claimed that with the development of artificial intelligence (AI), the accounting field needed professionals who could give answers to challenging financial problems.
"Societies of ICAG must provide mentorship to those who have just qualified by giving them internship and employment opportunities, or for those who are still writing, make them your project and support them to become Chartered Accountants for the next generation," she continued.
Meeting
The Kascity District Society of ICAG's monthly meeting was being addressed by the president. The society holds the meeting on the third Sunday of each month as part of its attempts to give members a forum for discussion of current events and the development of initiatives to promote the profession.
Ms. Dake praised the district society's leadership for their support of the association while she visited there for the first time since taking office.
Priorities
The association's goals, according to the president, are tied to its 60th anniversary celebration, which has the following theme:
"Encouraging sustainability, strengthening partnership, and deepening trust"
She emphasised the association's desire to build a hub for accounting research, which would enable members to exchange expertise and experiences.
Ms. Dake added that her organisation was updating its curriculum to incorporate sustainable teaching material for the nation's accountants.
Additionally, "we are seeking sponsorship for our events, including financial literacy for parliamentarians, and would also hold a national public financial management forum," she continued.
Initiatives
Ken Appiah-Kyeremeh, the society's chairman, claimed that the accounting industry was expanding quickly.
Therefore, he challenged accountants to be innovative by starting their own firms to aid in the growth of their country.
According to Mr. Appiah-Kyeremeh, "What we are doing here is teaching our own members to be entrepreneurs, especially the younger ones, so they can set up businesses of their own and employ people instead of getting themselves employed."
He stated that the society would launch career counselling sessions for seniors in high school to help them understand the advantages of being a chartered accountant as part of the events surrounding the ICAG jubilee celebration.
Meetings
The society's secretary, Michael Kwakye, stated that professionals and academics will lead lectures and discussions on issues relevant to their field and the country's economic growth.
In addition to outsourcing, the District Society will keep enlisting members as resource people to contribute to their pool of expertise and store of practical knowledge.
To stay current in this evolving environment, he urged all chartered accountants residing in Kasoa and its environs to join the organisation.
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