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20 Jun 2011
ACCOUNTANCY STUDENTS are increasingly seeking a broad range of skills with which to start their careers, ranging from environmental accounting to SME expertise.
The credit crisis prompted business to look more holistically at the knowledge needed for success, reports the Financial Times, and employers now want accountants to be savvy when it comes to monitoring and reporting on risk.
Further reading
Heather Venis, director of education at the Institute of Financial Accountants, said: "Companies have wised up a bit about not just needing an accountant that's technically brilliant... Students are now taking the wider view rather than choosing a single path such as technical accounting, that is too narrow."
Other stakeholders are supporting the trend, such as the Prince of Wales' Accounting for Sustainability project - focusing on integrated reporting - and the London School of Business and Finance, which has designed an MBA that fits with an accountancy qualification in response to growing demand.
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Briefings
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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