The ACCA SA recently hosted its AGM at the Hyatt Regency in Rosebank. The AGM allowed the local office to share achievements of the previous year and information regarding the progress ACCA is making in delivering value and attaining its strategic vision.
According to Karen Smal, Acting Head of ACCA SA, the past year has been a noteworthy one on a number of fronts for ACCA South Africa. ACCA has continued heartily to pursue its strategy to be the leading global professional accountancy body in reputation, influence and size, in what remain complex market conditions. Throughout the course of the year ACCA continued to serve as a thought leader and commentator for professional accountants and the business community.
During the past financial year, ACCA South Africa hosted the President of ACCA, Martin Turner. The overarching theme of the President’s visit was to strengthen the role South Africa plays within ACCA’s global strategy. ACCA also co-hosted the SME budget brief with Nexia SAB&T, one of ACCA’s platinum employers and co-hosted a roundtable with CFO SA on Financial Leadership. In April, South Africa hosted the first CXO African Convention. The CXO African Convention boasted seven of the top ten African economies, bringing together outstanding leaders from across the continent to debate opportunities, challenges and pivotal issues that matter for Africa’s future. The convention provided experts with a platform to deliberate on a range of themes from opportunities of Africa as the emerging digital continent, to the possibilities presented from access to the world’s youngest talent pool.
ACCA has achieved some significant outcomes and has continued to develop its global network. It has made a number of important inroads by collaborating with well-established entities in both the private and public sector.
During the reviewed year, ACCA has admitted several new members and conducted member workshops in Johannesburg and Cape Town. It also obtained volunteers to participate in two initiatives for 2014/2015. These initiatives, namely the Technical Committee and the Mentorship programme, will ensure a more engaged member base.
ACCA visited 17 Higher Education Institutions and implemented further marketing communication campaigns to strategically position ACCA’s value in the market. In addition, universities in the Eastern Cape and North West province have implemented ACCA aligned post grad qualifications. In 2013, ACCA sponsored the ABASA Student Chapter Debates for the Johannesburg student chapter. The relationship with ABASA is critical in building brand recognition at universities.
“ACCA’s investments in new markets and sectors will drive sustainable growth and deliver value” – Karen Smal, Acting Head of ACCA South Africa
The annual general meeting also highlighted future events to be hosted by ACCA. Upcoming events include:
- The Tax Indaba Conference: 9-13 June
- Independent Review Engagements: 14 July / 22 July
- Sustainability Reporting and GRI guideline: 14 August
- Legislative update: 23 September / 29 September / 30 September
ACCA has remained committed to contributing to value and play a strategic role in the development of the accountancy and finance profession.