The contribution of accountants to sound, ethical business practice
An ACCA case study

Page 1: The role of the accountant

In today's increasingly competitive and uncertain business environment, organisations fighting for customers face a number of factors and issues which they may not be able to control and which affect performance. Professional accountants have a vital role to play in commercial success, by using their increasingly valuable knowledge in a way which gives their organisations or clients a...
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Page 2: The need for accountants to be qualified

Reputable organisations want to work with reputable accountants. That means dealing only with accountants who have an officially recognised qualification. To be properly qualified, accountants must have passed examinations that make them eligible for membership of one or more professional accounting bodies, such as ACCA. Qualified accountants can specialise in many areas...
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Page 3: ACCA and standards

As a global organisation and the largest international accounting body ACCA's mission is to: "provide professional opportunities for its full members and student members pursuing qualification". In doing so it aims to be: "a leader of the global accountancy profession". At the heart of this is the need to promote the highest ethical and governance standards, and to work in the public interest...
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Page 4: Supporting members

ACCA's emphasis upon high standards for and expectations of its members starts with its qualification requirements. Qualifying as an accountant is tough. ACCA qualified accountants have taken rigorous examinations and must obtain a minimum of three years' work experience in order to qualify. They are then authorised to offer a full range of business accountancy, auditing, financial and taxation...
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Page 5: Ethical business practice

ACCA members have gained the benefit of their qualifications to further their careers in their chosen fields. There are ACCA trained accountants working at the highest level in national governments, for example, as auditor generals, or as chief executives or managing directors in leisure, fashion and entertainment. They also specialise in a number of areas, including in audit, in forensic...
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Page 6: Conclusion

In an increasingly knowledge-based world, the most important resource for any organisation is the people who work for it. They are the key asset that enables an organisation to create and sustain a competitive advantage. Success in the knowledge-driven economy involves using the expertise and professional skills of employees and specialist consultants to develop business opportunities that meet...
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