Professional accountants
– the future
The world of accountants is evolving and professionals in the field must take stock of those dynamics, or risk becoming marginalised.
The changing world of accountants
Expectations on the profession are increasing. Growing regulations and governance, globalisation, and increased use of digital technologies together mean the world is a more complex place for the professional accountant. As a result careers can look very different from those of the past but skills remain vital to on-going development.
At the same time we are increasingly adopting more flexible career paths. We are moving from the traditional, so called ‘ladder’ path to a more dynamic path or lattice where we make career choices aligned to our personal growth agendas.
Individuals are also taking control of their own development - actively acquiring the new skills to progress rather than waiting for employer-led development opportunities.
Four dynamics of change in workplace learning
Why 'learning to learn' is the key to unlock potential
The choices of how we learn are increasing. There are more providers and more content is readily available, in more accessible and just in time formats. As learners we need to understand more about how we personally learn and what activities we can undertake to achieve the performance level that we are seeking. Making the right choices to remain successful in our careers.
"a pivotal event [for the organisation] was embracing the fact that learning was for all, no matter what your role was, your age or your length of time at Boots, understanding this brought about a brand new way of thinking about learning"
Charles Beddington, Boots, UK
Building a culture to support learning
Embracing continuous learning requires both a certain mindset and, probably, a kind of paradigm shift for many. Organisations therefore need to ensure that they foster a culture of openness to developing by embracing the learning strategy as part of the overall business strategy.
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Lead ACCA author, Clive Webb
Professional accountants
– the future
Key recommendations
As individuals, employers and education providers, we need to think how we ensure that we develop the professional skills needed in the changing world.
For individuals
- Take stock of changes to the profession
- Take responsibility for your own growth – learn how to learn
- Consider which activities are right given the performance level you are aiming at.
For employers
- Create an environment that supports and rewards learning
- Recognise the different ways in which people now access learning
- Understand the range of solutions is best supported by on-the-job reflection and mentoring.
For L&D professionals
- See leaders and learners as ‘consumers’ of learning
- Move from being providers to curators of content
- Improve design and focus on the personal journey.