Accountants in the country have been challenged to pursue further courses to seek specialisation in the financial sector to be able to discharge their duties effectively.

The Chairman of the Association of Chartered Certified Accountants (ACCA) Network Panel, Henry Tetteh Djangmah, threw the challenge when a total of 207 accountants passed out as members of the association over the weekend.

Speaking in an interview with Class Business on the sidelines of the induction ceremony, he said: “My expectation is that they should go for training because that is the beginning of their profession. They need expertise. We have experts in taxation, financial management, advisory, we have auditors and we have accountants. Which one fits you best? You have to examine your good self and also appreciate what you want to do, then you can cut your career according to the area of interest and seek training to enable you perform well to fit into the market, to ask for more money and for good packages.”

On her part, the Country Manager of ACCA, Doris Ahiati, charged the new members to think ahead and find permanent solutions to the myriad of challenges facing the financial Industry.

“When you take every setup, you will find the finance department, because finance is about resource management. So you look at the human resource department, it’s just about the human being and their capacity building, but underlying that is the finance aspect. How much money are we going to spend to train these people, what value will we get back from training these people? And these are the kind of solutions that a modern day accountant actually comes up with,” she said.

“Every now and then you will hear about projects that have been started and abandoned and it’s abandoned because we don’t have professionals who analyse the project from beginning to end. And today’s accountant is able to come up with such back-to-back solutions to projects so that you don’t have projects stalling midway because you didn’t access the resources properly. It’s about looking at the global picture of the project and then trying to identify how best to finance it, how best to ensure that a wider population is able to benefit from the returns to be accrued from that investment.”