Honoring Accounting Professionals for Their Integrity, Resilience and Strategic Insights

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Megan Samuel-Fields, CPA, LLB

On International Accounting Day I want to recognize my fellow accounting professionals as champions of economic stability and prosperity, who work diligently behind the scenes to empower businesses, individuals and government.

Accountants are the architects of resilient and sustainable financial systems. Just as architects design structures to be solid and functional, accountants build the frameworks that support financial health and growth, ensuring businesses and personal finances are built on a strong foundation.

Our work is as much about strategy and insight as it is about numbers! Without accountants, the world would face significant chaos in financial management. Businesses might struggle to track their finances accurately, governments could face challenges in managing budgets and ensuring compliance, and individuals might have a harder time planning their financial futures.

As accountants, we bring diligence, precision, and professionalism to our work — from managing financial records to advising on strategic business decisions. We strive to bring order to complex financial processes, ensuring transparency, accountability and stability in the economy. Our work is crucial for daily business operations to long-term economic planning and stability, making accountants an essential backbone of society and invaluable to our nation’s progress.

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4 COMMENTS

  1. Many Accountants in Antigua are mere glorified Bookkeepers.
    The word “accountant” comes from the Old French word Compter, which means “to count” or “to score”. Compter comes from the Latin word computare.
    The word was originally written in English as “accomptant”, but the “p” was dropped in pronunciation and the spelling gradually changed to its current form. The earliest known use of the word “accountant” in English was around 1429–30 in Rolls of Parliament:
    The full meaning of accountant is, someone who keeps or examines the records of money received, paid, and owed by a company or person: a firm of accountants.
    Accounting’s history can be traced back thousands of years to the cradle of civilization in Mesopotamia and is said to have developed alongside writing, counting and money. The early Egyptians and Babylonians created auditing systems, while the Romans collated detailed financial information.
    The first bookkeeping reserve—Suma de Arithmetica, Geometria, Proprtioni et Proportionalita—was published in Venice in 1494 by Fra Luca Pacioli, traditionally known as the “Father of Accounting.”
    In 1966, the American Accounting Association (AAA) defined accounting as ‘the process of identifying, measuring and communicating economic information to permit informed judgments and decisions by users of information’.
    A Certified Public Accountant, or CPA, is a professional title given to an accountant in the U.S.
    Many accountants in the United States are not certified, particularly those who work in corporate America. They may be referred to as bookkeepers, accountants, junior accountants, staff accountants, senior accountants, or accounting supervisors, depending on their level in the management duties and their position in the corporate hierarchy. An accountant is a generic term which can refer to any of the below classifications.
    Controller, Accounting Manager, Accounting Supervisor, Senior Accountant, Staff Accountant, Junior Accountant, Bookkeeper
    The acronym for an accountant in Canada is CPA, which stands for Chartered Professional Accountant.
    The CPA designation in Canada is a combination of the Chartered Accountant (CA), Certified General Accountant (CGA), and Certified Management Accountant (CMA) designations. The CPA designation is granted at the provincial level
    Other accounting qualifications in the Commonwealth of Nations include:
    Chartered Certified Accountant (ACCA)
    Certified Management Accountant (CMA)
    International Accountant (AAIA)

    The acronym for the French Institute of Certified Public Accountants is OEC, which stands for Ordre des Experts-Comptables.
    There are multiple matches for the term “accountant” in Germany, including:
    Wirtschaftsprüfer: The term for a public accountant or auditor in Germany.
    Steuerberater: The term for a tax advisor in Germany. The professional license for tax advisors in Germany is Steuerberater (StB).
    Buchhalter: The term for an accountant in Germany.
    Rechnungsprüfer: The term for an auditor in Germany.

    And in each country the work and the qualifications are different.

    In the end, an accountant keeps financial records of an institution and place them in such a way that they can be read and understand by the business owner or institute.
    His record keeping must be above reproach and reflect the true and accurate financial position of the company or institute for which he records these financial records

  2. Integrity??? About what???

    Too many dispute to be in that position and after unruly stuff from the court,you can made your own judgment.

  3. @Megan Samuel-Fields, CPA, LLB
    Please do not talk about things that you yourself are guilty of.
    Where is your integrity when you audited the books of the Romantic Rhythm. Why couldn’t you make your findinds public. Or was that integrity not to disclose such, because it would have damage the one who hired you. HL.

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