Accountants call for investment in human capital development

The Association of Chartered Certified Accountants has recommended that employers, including the government, should prioritise investment in human capital development.

This formed part of the recommendations made during the institution’s recognition event held recently in Lagos.

The event, which was organised to honour distinguished members, aimed to motivate them and other professionals to use their specialised knowledge to serve humanity better.

In a speech, the Executive Chairman of Federal Capital Territory Internal Revenue Service, Haruna Abdullahi, who is also a member of the association, said investments in human capital will yield substantial benefits for both businesses and the economy in the long run.

Abdullahi encouraged new members, fellows, milestone, and global council members to maintain a global perspective as they advance in their profession while charging them to remain focused on the bigger picture in their future endeavours.

“Our objective was to offer our assistance, as ACCA is dedicated not only to equipping individuals with accounting knowledge but also to preparing them for managerial and analytical accounting, which will contribute to the betterment of humanity and gives global opportunities.

“Technology is now in the forefront and we have seen now that accountants now have software that are now doing accounting work. We are now looking at the numbers and analysing the numbers because, of course, AI and technology. It is more about analysing the future. We are looking for accountants with managerial and analytical skills,” he noted.

Punch/Hauwa Abu