In a colorful event held at the Sheraton Addis on September 14th 2013, the Association of Chartered Certified Accountants (ACCA) Ethiopia officially welcomed 40 new members.
All 40 members were admitted into the global body for professional accountants from June 26th 2012 to September 9th 2013.
The new member recognition event, which is one of ACCA Ethiopia’s highlights, is an annual event held to recognize those admitted into membership following the fulfillment of three requirements: passing 14 professional exams, completing an online ethics module and fulfilling at least 36 months of supervised practical working experience in a relevant role.
This year’s event was a grand occasion that also honored Ato Getachew Kassaye FCCA who was the first Ethiopian to be given ACCA membership 50 years ago.
The keynote speech, entitled ‘Modernization of the Audit Function’ was given by His Excellency Mr. John Muwanga FCCA, auditor general of the republic of Uganda. The occasion was graced by His Excellency Ato Desta Assefa, deputy auditor general of the Federal Democratic Republic of Ethiopia.
In his remarks, Ato Desta Assefa praised the contribution of Ato Getachew Kassaye to the audit profession in Ethiopia and urged the new members to uphold professional ethics and values in their work.
“ACCA acknowledges the support of employers, learning providers, family and friends who have supported our members”, said Ato Netsanet Tsegaw, Head of ACCA Ethiopia.
ACCA is the global body for professional accountants who aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.
Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. They believe that accountants bring value to economies in all stages of development. Moreover, ACCA aim to develop capacity in the profession and encourage the adoption of global standards.
ACCA works to strengthen a global profession based on the application of consistent standards, which are believed to be the best supports in international business and the desire of talented people to have successful, international careers. They are the champions of the needs of small and medium sized business (SMEs) and emerging economies, and promote the value of sustainable business.
To undertake their work with global bodies such as the International Federation of Accountants (IFAC) and with 77 global partnerships, that helps to bring long-term value to economies in order to develop and support professional accountants.
ACCA supports 162,000 members and 428,000 students in 173 countries, helping them to develop successful careers in accounting and business, with the skills needed by employers. They work through a network of over 89 offices and centres and 8,500 approved employers worldwide, who provide high standards of employee learning and development.
ACCA works in the public interest, assuring that its members are appropriately regulated for the work they carry out and, promoting principles-based approaches to regulation. They actively seek to enhance the public value of accounting in society through international research and they take a progressive stance on global issues to ensure accountancy as a profession continues to grow in reputation and influence.