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55 (150) 2022

Finance

Developing the skills of the sustainable business and finance professional

By Sharon Machado, ACCA
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Quality learning and development (L&D) equips our professional accountants to better serve their purpose, to be sustainable business and finance professionals that business and society demand them to be.

However, the learner population is growing and becoming more diverse. This means that tailored L&D interventions are what many of the latest educational innovations now support. To capture this opportunity, educators must proactively take ownership for their destiny; if not, learners will look elsewhere – and whilst the demand for education is growing so is the competition.

This report, drawing from the views of over 800 learners and L&D experts, will help future members, members and their educators identify features and qualities of good L&D, which ACCA have termed ‘the dimensions’. These dimensions take account of the drivers for L&D evolution, including how to:

  • Develop the seven core capabilities that are essential for the varied roles professional accountants perform
  • Incorporate the learner characteristics and needs that are becoming more diverse, in part due to the need for lifelong learning needed for ever-evolving skills requirements, and longer working lives
  • Accommodate educational trends associated with:

       -   Data, including AI and gamification
       -   Personalisation, communities and personalised communities
       -   Formal, non-formal and informal learning

  • Account for the main factors impacting the education business-model:

       -   Digital and data innovations
       -   Economic opportunities
       -   Regulation impacting education and the profession
       -   Integrated economic, social and financial sustainability

Key recommendations

Learners should seek the six dimensions in their L&D programmes and educators should apply them when developing, implementing and monitoring their strategies.

Download full report: //www.accaglobal.com/uk/en/professional-insights/pro-accountants-the-future/developing-skills-sustainable-business-finance-professional.html

Reproduced with permission of ACCA’s member magazine Accounting and Business

 

 

 

 

 

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