Inductees at the 59th ceremony of the Association of Accounting Technicians in West Africa (AATWA), have been tasked to be abreast with professional trends.

Speaking to the 30,424 accounting technician inductees, Chief Executive Officer, The Techy Accountant, Toyin Olufun, said technology could improve the management of financial data and operations with the utilisation of accounting softwares, adding that it would also help business owners, companies and consumers manage their financial operations, processes and their lives.

She said that financial technology would enhance data analytics and visualisation. “Financial technology in accounting will help capture, analyse and covert financial data to meaningful information when churned out,” she noted.

President, Institute of Chartered Accountants (ICAN), Innocent Okwuosa, said accounting profession has continued to evolve.

He urged inductees to be up-to-date with the trends in the profession.
He said that the institute provides a standardised and recognised professional qualification for accounting technicians in West Africa and beyond.

“The accounting profession is a dynamic and rapidly changing one. I encourage you to embrace continuous learning.”

Acting Registrar of the institute, Mulaika Lawal urged inductees to observe the ethics of the profession to the latter and act in accordance to public interest.

He warned that impropriety will not be condoned. “You have an obligation to comply with relevant laws as an accounting professional. Contrary response to this will be addressed by a disciplinary committee,” he added.

Past president, ICAN, Adedoyin Owolabi implored inductees to embrace honesty and to imbibe the culture of listening.
He said, “To be a successful accountant, you must be thorough and be a good listener. Garner professional competence and cultivate professional behaviour.”

He advised guardians to guide their wards to embrace modesty in words and actions as it tallies with the culture of the profession.