Meeting to Explore Strategies to Transform Accounting Profession

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A high powered panel including a UKZN representative will explore various strategies to transform the accounting profession at a breakfast meeting in Durban on 20 October hosted by the College of Law and Management Studies.

The panel will comprise the CEO of SAICA, Dr Terence Nombembe; the KZN Auditor-General, Mrs Vanuja Maharaj; Chairman of ZICO Limited, Mr Sandile Zungu; and the Executive Director of UKZN Foundation, Mrs Jane Meyerowitz.

The meeting has been organised in light of the poor representation of Black people in the accounting profession in South Africa. According to the SA Institute of Chartered Accountants (SAICA) there are about 37 000 Chartered Accountants (CAs) in the country, of which only 21% are Black (African, Coloured and Indian).

These figures are clearly not a true reflection of the demographics of the South African population of just over 50 million.

Such a societal challenge requires a concerted effort from various stakeholders and in this regard the College of Law and Management Studies has proposed the adoption of the concept of the Triple Helix of university-industry-government relationships.

In order to fulfil its mission of educating business leaders who create value to society, the College has organised the 20 October meeting to discuss possible strategies and solutions aimed at addressing the shortage of accounting professionals, and in particular Black Chartered Accountants, in the country.

The breakfast meeting will be held at the Royal Hotel from 07h30 for 08h00 until 11h00. All members of the business sector and legal fraternity as well as postgraduate students, alumni and academics are invited.

Click here for reservations at R300 a person or R2 700 for a table of 10.