Digital Transformation Demands New Skills, Telcom Firm Tells Accountants

3 weeks ago 7

Telecommunications elephantine MTN Nigeria has called connected accountants and concern professionals nationwide to retool and clasp emerging technologies to stay applicable successful a rapidly evolving integer economy.

Speaking during an interactive league with journalists connected the sideline of the ongoing 55th Annual Accountants Conference of the Institute of Chartered Accountants of Nigeria (ICAN), the Chief Financial Officer of MTN Nigeria, Mr. Modupe Kadri, emphasised that the accounting assemblage indispensable accommodate to caller realities specified arsenic unreality computing, artificial quality (AI), cybersecurity, and fintech-driven solutions that are reshaping planetary finance.

He said, “Everybody needs to upskill themselves. You person to retool; I’m retooling myself. What we were taught successful schoolhouse is not capable anymore. Professionals indispensable present larn unreality skills, artificial intelligence, IT, cybersecurity — those are what volition specify the aboriginal of accounting.”

He added that MTN remains committed to supporting world institutions and students done method improvement initiatives designed to amended their capableness and employability. He said, “It makes consciousness to enactment the Institute arsenic portion of capableness gathering due to the fact that it provides an accidental for students to amended technically and beryllium applicable successful today’s age.”

He besides reaffirmed MTN’s committedness to integer translation and nonrecreational capableness gathering wrong Nigeria’s fiscal ecosystem. According to him, MTN’s sponsorship of the ICAN league aligns with its imaginativeness to empower professionals with the integer tools and infrastructure required for ratio and innovation.

“At MTN, we judge that the aboriginal of each profession, accounting inclusive, is digital. Our concern with ICAN demonstrates our enactment for Nigeria’s travel toward a smarter economy. Accountants are strategical to nationalist development, and we privation to guarantee they are not near down arsenic exertion transforms concern operations,” helium said.

He added that MTN volition proceed to put successful capacity-building initiatives, integer infrastructure, and endeavor solutions to enactment industries transitioning into the Fourth Industrial Revolution.

On the evolving relation of AI successful finance, the ICAN authoritative explained that portion artificial quality simplifies processes and enhances accuracy, it cannot regenerate quality judgment. “AI volition simplify things, but you inactive request to workout judgment. AI tin assistance with processes and chopped down reappraisal time, but it cannot supply quality experience. Professionals indispensable larn however to construe AI outputs and not trust blindly connected it,” helium cautioned.

Also speaking astatine the event, President of the Institute of Chartered Accountants of Nigeria (ICAN), Mallam Haruna Nma Yahaya, said that Nigeria indispensable fortify its organization and economical foundations to withstand the pressures of reform, inflation, and uncertainty.

Delivering his invited address, Yahaya described the lawsuit arsenic much than conscionable a nonrecreational gathering but a nationalist telephone to enactment — a level to “deepen Nigeria’s roots” and signifier pathways for sustainable growth.

For six decades, helium noted, ICAN has played a pivotal relation successful Nigeria’s economical improvement by mounting standards, mentoring professionals, and providing intelligence platforms wherever ideas person translated into policies and reforms that person influenced governance and economical sermon some locally and internationally.

Speaking connected the theme, “Building Resilience – Aligning Reforms for Nigeria’s Development,” Yahaya said the conversations astatine this year’s league are designed to code structural and organization barriers that proceed to bounds the nation’s progress.

Read Entire Article