NBAA Trains 40 Experts in Essential Accounting and Auditing Skills

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Held in Dar es Salaam on Wednesday, the forum introduced course providers to various key aspects of teaching accounting and auditing courses, as well as how to cope with rapid technological changes.

Speaking at the opening of the one-day forum, NBAA Board Chair Prof. Sylivia Temu said that to ensure the country has enough accountants and auditors quality supervision of education providers/trainers is of paramount importance.

“Our goal of bringing them here is to keep them up to date with various changes including legislative changes such as tax laws, technological changes and what is needed to maintain the quality of the profession as well as other skills that will help them impart the required knowledge to candidates,” she says.

She said the forum targets trainers and exam class center coordinators who deal with the day-to-day running of exam centers to share their experience on various courses aimed at producing competent accountants and auditors.

Blockchain trainer Sandra Chogo said there is no way for the accountancy profession to run away from various technological changes, but more effort is needed to see how best to deal with them.

“The government is currently building a 4th Industrial Revolution College in Dodoma so Tanzanians including accountants and auditors should be ready to seize the opportunity,” she said.

According to her, there are more than 25 technologies in the 4th industrial revolution, including blockchain, robots, digital currency, and many more that are threatening the accounting profession in recent times.

“Accountants and auditors need to think outside the box to increase innovation to add value to the industry. Tuition service providers need to ensure that they don’t teach candidates that they only have to pass the exams, but rather that they need to stay relevant and be able to add value at work,” she said.

She said that tech companies are taking over the financial sector and it is best for professionals to think about acquiring new skills to overcome the challenges that arise.

CPA Pius Maneno, executive director of the NBAA, said the council will continue to put in place strong measures to produce more qualified professionals to meet the needs as the country implements its industrialization drive.

Speaking at the closing of the forum, CPA Maneno called on course providers to redouble their efforts and be innovative in imparting required knowledge and skills to candidates.

He further said that despite the rapid changes in technology, the country’s environment still does not favor online examinations, so the council will continue to conduct physical examinations.

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