Adewuyi said globally, there are situations that interestingly create threats and opportunities.
She said with the induction, the new members have become part of the over three million accountants globally under the umbrella of the International Federation of Accountants (IFAC).
“You are also affiliated with the Chartered Accountants Worldwide (CAW), through your membership of ICAN,” she added.
CAW is a global network of over 750,000 Chartered Accountants in over 180 countries.
The Special Guest of Honour and Past President of ICAN, Chidi Ajaegbu, said: “The certification process prepares you for the challenge you will face in the field.
“You must become an entrepreneur if you want a comfortable life and you have the right foundation,” he told the inductees.
PETALING JAYA - You may have heard of the usual reasons to choose a career in accountancy, which include good salaries and the fact it is a respectable profession.
While stereotyping has labelled accountancy as a boring profession populated by number crunchers and mathematics nerds, it is in reality an increasingly sophisticated occupation. The modern era of accounting goes beyond bookkeeping to investigate businesses and disclosures of financial affairs.
Nowadays, accountants are regarded as the financial eyes and ears for business organisations. They provide financial information needed to aid the decision-making process.
It is undeniable that the role of accountants in the workforce is an essential one. Apart from helping a business track income and expenditures, it also ensures statutory compliance and provides management and stakeholders with financial information used to make more informed business decisions.