Accounting has a large role to play in shaping the future of business and society at large, according to a new report from the Association of Chartered Certified Accountants.
The report,
These seven pillars include:
- 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.
"In these difficult times, this report looks ahead and considers the priorities facing the accountancy profession in helping create a better tomorrow," said Helen Brand, ACCA’s chief executive, in a statement. "By sharing stories and examples across the profession, we also seek to strike a cautious yet prevailing note of hope for the future, showcasing the role of accountancy, and the positive contribution accountants can make in forging a new path to a better destination for global society."
"We have a responsibility to future generations to ensure they inherit a better world," said Jamie Lyon, report author and head of business management at the ACCA, in a statement. "As this report demonstrates, the accountancy profession can play a vital role in this, helping deliver a more equitable, green and inclusive world for the future."
The report also highlights Gen Z accounting professionals and their perception of the modern workplace. Their opinions include:
- 91% believe they will update their work capabilities to remain employable in the future;
- 81% say their peers value high pay and a prestigious job title;
- 64% expect to have different jobs across multiple disciplines in their careers;
- 58% cite job security as a concern;
- 51% cite mental health and well-being as a concern;
- 48% believe work-life balance is a key factor for their employment.
For the full report, head to the ACCA's