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In the lobby of Chartered Accountants’ Hall, there is a memorial to past presidents of the Institute of Chartered Accountants in England and Wales.

Into the marble are carved names that must be familiar to most accountants – among them Waterhouses, Whinneys, Coopers, Peats, Deloittes and Youngs – which stand as testimony to the British roots of much of the modern profession.

But these days the ICAEW and its rivals tend to look overseas when they consider their future.

“Accountancy is an international business,” says Vernon Soare of the ICAEW. “We need to make sure we’re developing to support our members and the firms they work in.”

In the past, the institutes could have expected their international students to come to the UK to study, but this no longer happens.

Instead, there is much talk of partnerships with local institutes and developing an international reputation for the qualifications they offer.

Of the UK groups, the Association of Chartered Certified Accountants is by far the most international, with almost half of its 122,500 members registered overseas. By contrast, only 14 per cent of the ICAEW’s 130,000 global membership come from outside the UK and Ireland.

“We want to be influential on the world stage and establish the ACCA brand. By expanding the membership and looking to establish our credentials with employers, we can help make membership a valuable commodity,” says Richard Aitken-Davies, president of the ACCA.

“We feel that work that helps the standing of the profession across the world helps our members, even if we’re supporting bodies that will eventually become competitors.”

Both the ICAEW and the Chartered Institute of Management Accountants are working on projects in Bangladesh that are part of a World Bank programme to develop professional services to underpin the economy and business in the country.

CIMA is undertaking a study of the accounting profession and the operations of the Institute of Cost and Management Accountants of Bangladesh with the aim of producing a report suggesting how it can develop.

With offices in nine countries outside the UK, including Hong Kong, Malaysia and South Africa, CIMA is also establishing joint-ventures with a number of overseas institutes, and looking into provision of local language training.

“The main part of our growth strategy is employer-led and we listen to them carefully. People might begin in London on these dates, then the employer wants to move them to perhaps Singapore or Shanghai and wants to know they have a similarity of training and experience to make that possible,” says Robert Jelly, director of education at CIMA.

“There’s been a huge shift in the finance function. Processes are being outsourced and value-added ones centralised. There is an increasing need for common qualifications around the world and we want [ours] to be that international benchmark.”

The ICAEW is currently hosting a group of Bangladeshi accountants in the UK for a six-week course working towards the institute’s certificate in International Financial Reporting Standards.

These are the accounting rules now accepted or in the process of being adopted by more than 100 countries. The group includes academics, regulators and government officials.

“Its not just about learning the technical side, we’re also teaching them how to teach it so they can pass it on,” says Mr Soare.

The eventual aim is to develop a stronger accounting profession in the country – something the World Bank considers necessary to building a more robust economic system.

Mr Soare says that current university-level accountancy teaching leaves Bangladeshi graduates behind their peers in other countries when it comes to the standards expected by the big accountancy firms.

This means many take well-paid jobs with multinational companies, rather than opting for the accounting profession.

Another fruitful area for the institutes is eastern Europe and central Asia.

The Institute of Chartered Accountants of Scotland is doing work in Armenia and Kazakhstan, where it is bringing together Russian speakers from across the region to help develop the profession and to discuss IFRS.

“It is a fast-developing part of the world and part of the reason we have such a good reputation in the region is the development work we’ve carried out there over the past 10 years,” says Anton Colella, chief executive of ICAS.

“We want to build strong national institutes at a time when the demand and pressure on the global profession are increasing, particularly in developing nations where IFRS and international audit standards are proving very challenging.

“We believe that we’re the oldest professional body in the world, in fact, and we have duties that go with that,” he adds.

Neil Wallace, director of international services at ICAS, says that the biggest challenge of overseas work lies in explaining the accountancy tradition in countries that lack it.

“The concept didn’t exist in planned economies. Instilling a sense of pride and ethics isn’t just something you can stand up and teach,” he explains.

But all the institutes are adamant this is not a bid for world domination by the UK profession.

“There is always going to be a need for local control. You need to understand local customs and you need to create a mass of people who have loyalty to each other and to their local profession,” says Mr Wallace.

“Take Kazakhstan. It didn’t have anything that remotely resembled a like a profession. Now it has a chamber of auditors and the profession is developing alongside the economy.
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Kualitas tinggi global jurnalisme membutuhkan investasi. Silakan berbagi artikel ini dengan orang lain yang menggunakan link di bawah, tidak cut & paste artikel. Lihat Ts & Cs dan kebijakan hak cipta kami untuk lebih detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/CMS/s/0/512ba884-7895-11dd-acc3-0000779fd18c.html#ixzz3pkxGk8chDi lobi Chartered Accountants' Hall, ada peringatan kepada Presiden masa lalu dari Institute of Chartered Accountants di Inggris dan Wales.Ke dalam marmer diukir nama yang harus akrab bagi sebagian akuntan-di antara mereka Waterhouses, Whinneys, Coopers, Peats, Deloittes dan Youngs – yang berdiri sebagai kesaksian ke akar Inggris banyak profesi modern.Tapi hari ini ICAEW dan rivals cenderung terlihat luar negeri ketika mereka mempertimbangkan masa depan mereka."Akuntansi adalah bisnis internasional," kata Vernon Soare dari ICAEW. "Kita perlu untuk memastikan bahwa kami sedang mengembangkan untuk mendukung anggota kami dan perusahaan-perusahaan yang mereka bekerja."Di masa lalu, Institut bisa diharapkan siswa internasional untuk datang ke Inggris untuk belajar, tetapi hal ini tidak lagi terjadi.Sebaliknya, ada banyak berbicara tentang kemitraan dengan lembaga lokal dan mengembangkan reputasi internasional untuk kualifikasi yang mereka tawarkan.Kelompok-kelompok UK, Association of Chartered bersertifikat akuntan adalah jauh paling internasional, dengan hampir setengah anggotanya 122,500 yang terdaftar di luar negeri. Sebaliknya, hanya 14 persen dari keanggotaan global 130.000 ICAEW berasal dari luar Inggris dan Irlandia."Kami ingin menjadi berpengaruh di panggung dunia dan membangun merek ACCA. Dengan memperluas keanggotaan dan mencari untuk membangun kredensial kami dengan majikan, kami dapat membantu membuat keanggotaan komoditi yang berharga,"kata Richard Aitken-Davies, Presiden ACCA."Kami merasa bahwa pekerjaan yang membantu berdiri profesi di seluruh dunia membantu anggota kami, meskipun kami mendukung tubuh yang akhirnya akan menjadi pesaing."ICAEW dan Chartered Institute of Management Accountants bekerja pada proyek-proyek di Bangladesh yang merupakan bagian dari program Bank Dunia untuk mengembangkan layanan profesional untuk mendukung ekonomi dan bisnis di negara.CIMA adalah melakukan studi profesi tenaga akuntansi dan operasi Institute biaya dan akuntan manajemen Bangladesh dengan tujuan menghasilkan sebuah laporan yang menunjukkan bagaimana hal ini dapat berkembang.Dengan kantor di sembilan negara di luar Inggris, termasuk Hong Kong, Malaysia dan Afrika Selatan, CIMA juga membangun usaha bersama dengan sejumlah institusi luar negeri, dan melihat ke dalam pelaksanaan pelatihan bahasa lokal."Bagian utama dari strategi pertumbuhan kami majikan yang dipimpin dan kita mendengarkan mereka dengan hati-hati. Orang mungkin mulai di London pada tanggal-tanggal tersebut, maka majikan ingin untuk memindahkan mereka ke Singapura mungkin atau Shanghai dan ingin tahu bahwa mereka memiliki kesamaan pelatihan dan pengalaman untuk membuat itu mungkin,"kata Robert Jelly, Direktur Pendidikan di CIMA.“There’s been a huge shift in the finance function. Processes are being outsourced and value-added ones centralised. There is an increasing need for common qualifications around the world and we want [ours] to be that international benchmark.”The ICAEW is currently hosting a group of Bangladeshi accountants in the UK for a six-week course working towards the institute’s certificate in International Financial Reporting Standards.These are the accounting rules now accepted or in the process of being adopted by more than 100 countries. The group includes academics, regulators and government officials.“Its not just about learning the technical side, we’re also teaching them how to teach it so they can pass it on,” says Mr Soare.The eventual aim is to develop a stronger accounting profession in the country – something the World Bank considers necessary to building a more robust economic system.Mr Soare says that current university-level accountancy teaching leaves Bangladeshi graduates behind their peers in other countries when it comes to the standards expected by the big accountancy firms.This means many take well-paid jobs with multinational companies, rather than opting for the accounting profession.Another fruitful area for the institutes is eastern Europe and central Asia.The Institute of Chartered Accountants of Scotland is doing work in Armenia and Kazakhstan, where it is bringing together Russian speakers from across the region to help develop the profession and to discuss IFRS.“It is a fast-developing part of the world and part of the reason we have such a good reputation in the region is the development work we’ve carried out there over the past 10 years,” says Anton Colella, chief executive of ICAS.“We want to build strong national institutes at a time when the demand and pressure on the global profession are increasing, particularly in developing nations where IFRS and international audit standards are proving very challenging.“We believe that we’re the oldest professional body in the world, in fact, and we have duties that go with that,” he adds.Neil Wallace, director of international services at ICAS, says that the biggest challenge of overseas work lies in explaining the accountancy tradition in countries that lack it.“The concept didn’t exist in planned economies. Instilling a sense of pride and ethics isn’t just something you can stand up and teach,” he explains.But all the institutes are adamant this is not a bid for world domination by the UK profession.“There is always going to be a need for local control. You need to understand local customs and you need to create a mass of people who have loyalty to each other and to their local profession,” says Mr Wallace.“Take Kazakhstan. It didn’t have anything that remotely resembled a like a profession. Now it has a chamber of auditors and the profession is developing alongside the economy.
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