Accountants for business
Welcome to the first
issue of Scottish Outlook, a new
e-newsletter from ACCA Scotland that
will be published quarterly. The role of the ACCA Scotland office is principally to support the membership in Scotland
and I hope you will find this newsletter to be valuable and informative and a
useful link to our activities.
has never been a more crucial time for accountants to continue to show their
true value. Over the past 18 months, as a systemic banking collapse has evolved
into significant worldwide recession in many countries, a range of presumptions
about accounting, organisations and society has been questioned - and we
believe that the role of the accountant will emerge as a champion of sustainable
value in business.
response, ACCA has adopted 'Accountants for Business' as its global theme for
2009-10. The campaign sees ACCA highlighting the important roles accountants
play in both the private and public sectors, promoting their role as advocates
of sound business practices, champions of sustainable business development and
identifiers of value drivers which lead to high-performing organisations.
an agenda for business which puts sound financial management at its heart. It
highlights the importance of accountants to fostering long-term corporate
governance, regulation, asset pricing, risk management and remuneration design
are all subject to root and branch examination. What organisations need now is
the firm leadership and financial discipline for the immediate short term, and
the confidence of knowing they possess a business model which is sustainable.
As economic conditions continue to be uncertain, CFOs have every opportunity to
emerge as leaders and to rise to the challenges ahead.
more about the latest research, events and opinion on the 'Accountants for
Business' theme from ACCA at our new microsite.
Andrew Leck - Head of ACCA Scotland