ACCA and CPA Canada embark on new research project to understand the global infrastructure gap
Date
20 Feb 2019
Sections
Euro & Finance
A new research project has been announced between ACCA (the Association of Chartered Certified Accountants) and Chartered Professional Accountants of Canada (CPA Canada) to quantify the global infrastructure gap, while demonstrating how the skills and perspective of accountants improve outcomes across the entire lifecycle of an infrastructure project.
Infrastructure is critical for economic and social development around the world. Physical infrastructure systems ensure that basic human needs are met; people need access to energy to light and heat their home, as well as safe water for drinking, sanitation and cooking. Transport infrastructure allows people to travel to work and move goods to different markets.
Commenting on the research project, Alex Metcalfe, global head of public sector policy at ACCA said: 'We need to understand the challenges ahead, so this project aims to quantify the size and nature of the global infrastructure gap, while also demonstrating the role of accountants in helping to bridge it. Finance is at the heart of successfully meeting a country's infrastructure needs. This collaboration will allow us to better understand the challenges and share global best practices.'
Davinder Valeri, director of strategy, risk and performance with CPA Canada added: 'Meeting the world's infrastructure needs is essential in the delivery of public services. Our research will explore associated issues to delivering quality infrastructure, such as effective public and private partnering, as well how bringing the accountant to the centre of the decision-making process will improve outcomes in delivering infrastructure.'
The findings of the project will be showcased at ACCA's 2019 International Public Sector Conference in Prague (28 February to 1 March) and full report will be launched in March 2019 by ACCA and CPA Canada.
Details of the full programme and how to register for the conference can be found on the dedicated event page on ACCA's website
About ACCA
ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants, offering business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.
ACCA supports its 208,000 members and 503,000 students in 179 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 104 offices and centres and more than 7,300 Approved Employers worldwide, who provide high standards of employee learning and development. Through its public interest remit, ACCA promotes appropriate regulation of accounting and conducts relevant research to ensure accountancy continues to grow in reputation and influence.
ACCA has introduced major innovations to its flagship qualification to ensure its members and future members continue to be the most valued, up to date and sought-after accountancy professionals globally.
Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. More information is here: www.accaglobal.com
ABOUT CPA CANADA
Chartered Professional Accountants of Canada (CPA Canada) is one of the largest national accounting organizations in the world, representing more than 210,000 members. Domestically, CPA Canada works cooperatively with the provincial and territorial CPA bodies who are charged with regulating the profession.
Globally, it works together with the International Federation of Accountants and the Global Accounting Alliance to build a stronger accounting profession worldwide. CPA Canada, created through the unification of three legacy accounting designations, is a respected voice in the business, government, education and non-profit sectors and champions sustainable economic growth and social development. The unified organization is celebrating five years of serving the profession, advocating for the public interest and supporting the setting of accounting, auditing and assurance standards. CPA Canada develops leading edge thought-leadership, research, guidance and educational programs to ensure its members are equipped to drive success and shape the future. cpacanada.ca