April 17, 2024

Accounting and financial professionals must lead Africa’s transition to sustainable development

2 min read

Accountants must be fit to lead Africa’s inclusive sustainable growth and economic recovery, ensuring the continent’s place in the global arena, according to the Association of Chartered Certified Accountants (ACCA) as it readies for its annual conference – held for the first time in South Africa.

Hundreds of accounting professionals from across Africa are expected to gather at the Sandton Convention Centre, Johannesburg, for the fourth Africa Members Convention on 6 to 8 December.

Themed “Empowering Finance Professionals for Sustainable Development in Africa”, the conference will develop earlier conversations on innovative technologies, integrated thinking for sustainable business practice, international sustainability reporting to drive accountability, developing trade competencies toward supporting intra-Africa trade, and enabling members to develop careers toward building a better world.

“The accountancy profession has a fundamental role to play in the transformation of Africa’s economy, as outlined in Africa’s Agenda 2063 – The Africa We Want – which prioritises inclusive social and economic development, continental and regional integration, democratic governance, and peace and security among other issues,“ says Jamil Ampomah, ACCA director for Africa, responsible for implementing ACCA’s strategy in the region and managing ACCA’s relationships with key African stakeholders: governments, regulators, policymakers, employers, international agencies and regional organisations.

Several African governments have issued policies toward meeting their sustainability commitments underpinned by environmental, social and governance (ESG) considerations. Their adoption indicates the increasing importance of the sustainability agenda in both the private and public sector in Africa.

The conference will look at sustainability from many angles including financing sustainable development programmes, ethics and professionalism; technology and artificial intelligence; support of developmental policy, corporate social responsibility; and developing accounting careers for the future.

The programme line-up brings together senior commercial and government financial professionals from across the globe, including the World Bank’s International Bank for Reconstruction and Development, and South Africa’s Deputy Auditor-General.

Jane Ohadike, regional head of Public Affairs for ACCA in Africa, responsible for setting the strategy for public sector and governments across the region, says: “Accountancy and finance professionals are important agents of change, and we have identified seven priority areas in which accounting professional have a role. There are: building resilient economies, developing the talent of tomorrow, driving sustainable business, advancing standards and regulation, transforming the public sector, supporting entrepreneurial growth, and strengthening ethics and trust.

“I really want to encourage accounting and financial professionals to attend the 2023 ACCA Conference to share their expertise and thinking while also using this platform to network and make strategic business connections,” she adds.           

Registration is now open and more information can be found online.

Leave a Reply