ACCA’s 2016-17 strategic year has been one of successful evolution – drawing on the incredible resource of our global membership to help predict and shape the future. This sixth integrated report explains a number of initiatives that have distinguished ACCA from the crowd, contributing to the development of the global profession and also economies. Let me showcase three:
Firstly, in June 2016 we launched our extensive ground breaking research Professional accountants – the future. Two years in the making, it includes insights from over 2,000 business and finance professionals around the world. It defines the trajectory of our global profession, highlighting the opportunities and the threats we face. This report shows how the accountant’s role has been revolutionised over the past decade, so that our profession – now more than ever – needs to provide strategic leadership and trusted expert advice. We will be relied upon increasingly for guidance to underpin the insights technology offers us.
It also offers the seven attributes vital to success in our working lives – intellect, creativity, emotional intelligence, vision, experience, technical skills and a mastery of the digital world.
Secondly – and leading on from Professional accountants - the future – another exciting development was the innovations to the ACCA Qualification, which we announced globally in October 2016.
As a member, I was proud to speak at the international launch event where we unveiled the major developments to our ACCA Qualification, based on an extensive two-year consultation with members, employers and learning providers.
The focus of the redesigned qualification on strategic leadership and ethics and professionalism means we are preparing finance professionals who can meet the strategic challenges of the 21st century, building on our strong foundations.
And thirdly, I am also proud to have played my part in forging the strategic alliance between ACCA and CA ANZ which we announced in the summer of 2016. This agreement has gone from strength to strength, adding value to members locally and globally by aligning the resources of ACCA and CA ANZ as one of the world’s pre-eminent CA bodies.
ACCA’s vision is to be number one in developing professional accountants the world needs
By this, we mean that ACCA qualified professionals will lead the profession. And I see this leadership role being played out on a daily basis by ACCA members around the world. So far during my presidential year, I’ve had the privilege to meet members who are leading the way, regardless of the sector in which they work – members who are truly shaping the future. We feature some of you in this year’s integrated report, as an example of what our amazing membership accomplishes.
I’m delighted to see that we have welcomed more new ACCA members so that we now have 198,000 expert, ethical and professional accountants with the ACCA letters after their name in 180 countries. It’s equally pleasing to see that member satisfaction scores have improved significantly so that we now have our highest score since 2013. And we’re committed to maintaining and improving this positive sentiment.
ACCA’s success over 2016-17 could not have been achieved without the contribution of our many stakeholders, including approved learning providers and our employer partners.
I offer my heartfelt thanks to everyone who has made this year a success for ACCA, including my colleagues in Council and also ACCA’s executive team who work to ensure that our vision is successfully translated into operational reality.
It’s only by working together that ACCA will continue to meet the key challenges ahead. I look forward to us continuing – in partnership and dialogue with our global membership – to shape an even more successful future together.
Brian McEnery FCCA