Partnering for Sustainability in the Profession PAFA CEO : Mr. Vickson Ncube #PAFA_Africa
A BOUT PAFA Federation of African PAOs whose objective is to accelerate the development of the accountancy profession in Africa and strengthen the voice of the accountancy profession in Africa and worldwide. It is a non profit organisation currently made up of 46 PAOs from 38 countries. PAFA believes that good governance, accountability, good financial management and transparency are pillars in the acceleration of economic development and reduction of poverty Presentation to: XXXXXX Date: xx xx xxxx
PARTNERING FOR SUSTAINABILITY IN THE PROFESSION Why sustainability in the Profession? • Book by Richard Susskind and Daniel Susskind – The future of the Professions. • Possibility one – Status quo with improved process and standardization • Possibility two – Introduction of increasingly capable systems – displace current model. Presentation to: XXXXXX Date: xx xx xxxx
PARTNERING FOR SUSTAINABILITY IN THE PROFESSION Why sustainability in the Profession? • Single most important threat and opportunity that faces the professions in the medium to long term is ICT. • Affects pool of entrants in the profession. • Take away most of the tasks. Presentation to: XXXXXX Date: xx xx xxxx
PARTNERING FOR SUSTAINABILITY IN THE PROFESSION How do we deal with challenges • Nimble education systems able to adapt to changing consumer demands. • Closing ranks and more open systems where various stakeholders share resources to address challenges – PAOs, regulators, tuition providers, business, governments and development partners. Presentation to: XXXXXX Date: xx xx xxxx
OTHER UPDATES THANK YOU Presentation to: XXXXXX Date: xx xx xxxx
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