ACCA (the Association of Chartered Certified Accountants) recently hosted its Annual Conference at the Grand Hyatt Hotel by looking forward to the newly emerging business models that will transform commerce in the future.
Over 300 people attended the conference including chief executives, accounting practitioners, finance professionals, academics and ACCA members. Keynote speakers included YB Datuk Seri Johari bin Abdul Ghani, Minister of Finance II; Tan Sri Rafidah Aziz, Senior Independent Non-Executive Chairman, AirAsia X Berhad; ACCA’s Director of Professional Insights, Maggie McGhee and Asia Wilmington PLC’s Managing Director & Social Entrepreneur, Quin SQ Thong.
The theme of the conference was ‘Decoding the New Business DNA’ and the content was focused upon providing delegates with a practical ‘future-fit’ lens for exploring the new opportunities created by the rapidly changing business environment and to highlight the important role that the professional accounting profession can and will play in helping businesses to navigate the future.
In his welcoming address Jeyasothy Palakrishnar, ACCA Malaysia Country Head, said, “It is heart-warming to see the coming together of like-minded professionals at the ACCA Annual Conference which continues to provide a platform for discussions on key issues affecting the accounting profession. ACCA members are poised to play a pivotal role in the new business models that are transforming the way in which businesses and consumers interact.”
He continued, “There is already plenty of evidence that the business environment is changing rapidly. Around the world new markets are emerging and old ones are evolving. New business models can provide better blueprints for creating value, which economies and societies can use to tackle the challenges they face and flourish. That was why we were delighted to have keynote speakers and entrepreneurs such as Quin SQ Thong, who are not only experiencing these changes, but actively playing a role in shaping them, to share their insights today.”
ACCA has recently announced a growth of 5.5% in membership, strengthening its global reach and influence. The organisation currently has 198,000 members and 486,000 students spanning 180 countries worldwide, making ACCA one of the largest and most diverse communities of current and future professional accountants in the world.
Jeyasothy credits the association’s continued growth to the support and partnership of its students, members, stakeholders and partners.
“Our mission has always been to enable greater career opportunities for our students and members, and we do that through qualifications that are recognised, relevant and recommended around the world. We believe that accountancy is vital for economies to grow and prosper, which is why we work all over the world to build the profession and make society fairer and more transparent.
“We are also gratified to have received much support from our partners in the government, corporations and academic institutions who have tirelessly worked with ACCA on crucial national and global business agendas over the years,” said Jeyasothy.