The role of the professional accountant in the economic development and empowerment of the nation

Abstract

There is certainly a growing need for professional accounting services. The economic growth of emerging economies like Ghana and the development of globalisation will keep on expanding the need for professional accounting services particularly assurance. It is now widely believed that the future of the accounting profession lies in developments already under way and the profession's market's interaction with its evolving environment. Technological developments as well as environmental challenges have demonstrated a shift in financial reporting requirements and public expectations. This paper will discuss the role of the professional accountant as a driver of change in the global business and in notion building, using Ghana as a reference point.