More than 220 new members from Cyprus joined ACCA’s global professional community this year, as the organisation successfully hosted its New Members Ceremony in Cyprus.
The event brought together more than 400 guests, including representatives from leading audit and accountancy firms, educational institutions and university partners, as well as members of the wider professional community.
ACCA Vice President Cristina Gutu travelled to Cyprus especially for the occasion, welcoming the new members and highlighting the significant changes shaping the future of the accountancy profession globally, as well as the opportunities emerging for the next generation of professionals.
Cristina Gutu’s presence in Cyprus formed part of a broader programme of high-level engagements, during which she held a series of meetings with key institutional and economic stakeholders. Discussions focused on issues affecting the accountancy and audit profession both in Cyprus and internationally, the challenges and opportunities arising from global economic and technological developments, and the evolving skills required of future professionals. Particular emphasis was also placed on the profession’s role in strengthening transparency and trust, while contributing to sustainable economic growth.
In her congratulatory address, the ACCA Vice President emphasised that ACCA’s role extends well beyond providing a globally respected professional qualification. “ACCA’s role goes far beyond providing a globally respected professional qualification. We have to help the profession anticipate change, build the skills it will need, maintain the highest ethical standards and continue contributing positively to economies and societies. And perhaps most powerfully of all, we offer people of talent and ambition access to our ACCA Qualification. Next year we’re introducing a redesign of the qualification to meet the needs of a changed world, where the issues of sustainability and technology are transforming agendas for businesses and governments. It is a qualification recognised and respected everywhere, as the gold standard for accountancy and business education.” she said
Concluding her address, Ms Gutu underlined ACCA’s long-term commitment to Cyprus: “We want ACCA to be not only a professional body in Cyprus, but a long-term partner in developing the talent, trust and capabilities that the country’s economy will need for the future.”
Welcoming the new members, Odysseas Christodoulou, President of the Institute of Certified Public Accountants of Cyprus (ICPAC), highlighted the importance of the new generation in shaping the future of the profession, as well as the longstanding collaboration between ICPAC and ACCA.
“The addition of more than 220 new members to the ACCA community is a very positive development for our profession in Cyprus. This new generation of professionals brings with it knowledge, new skills and ambition that will help shape the future of our profession. At ICPAC, we are particularly proud of our longstanding collaboration with ACCA and remain committed to our shared efforts to support a strong, modern and forward-looking accountancy profession,” Mr Christodoulou said.
ACCA is one of the world’s leading professional accountancy bodies, with more than 266,100 members and over half a million future members across 179 countries.
In Cyprus, ACCA supports a community of approximately 8,000 members and future members and maintains a significant and longstanding partnership with ICPAC, including through the Joint Examination Scheme.
This year’s ceremony celebrated not only the achievements of ACCA’s newest members, but also the strength and potential of a new generation of professionals who will play an important role in shaping the future of the profession and the Cypriot economy.
