Audit profession at crossroads in fight for talent: ACCA

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Audit profession at crossroads in fight for talent: ACCA

Wednesday, 03 April 2024 | PNS | delhi

Accountancy bodies ACCA & CAANZ have released a survey report which highlights major challenges audit profession is facing in attracting and retaining talent. A survey conducted by ACCA (the Association of Chartered Certified Accountants) and Chartered Accountants Australia and New Zealand (CA ANZ), supported by a series of global roundtables, revealed persistent challenges in the auditing profession in its battle to attract and retain talent. Antonis Diolas, head of Audit and Assurance, ACCA and author of the report “Attract, Engage, Retain: Insights and Recommendations for Audit Talent Success”, said, “A compelling insight from our study highlights the absence of a commonly understood and unified purpose within the audit profession. This not only inhibits prospective candidates from entering the profession in the first place, but also hinders current professionals from recognising how their work generates value.”

Amir Ghandar, Reporting and Assurance leader, CA ANZ said, “The research clearly shows the need for empathy and respect in the workplace recognising employees’ multifaceted lives.”

He also said that the people also need to be able to see themselves in their leaders, to visualise the opportunities and career possibilities in a way that feels real.

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