18 April 2014

Liberia: Audit Agency's Head Raps Accountants At Cuttington University

Monrovia — The Director General of the Government's Internal Audit Agency (IAA) has admonished members of the Association of Accounting Students of Cuttington University to seek the highest possible qualification in the accountancy field.

Speaking at the Association's Acquaintance and Homecoming fund-raising program on Saturday, April 12, in Suakoko, Bong County Mr. Paul C. Collins stressed the importance of the accounting profession and the critical role Accountants should play in order to reduce corruption and foster transparency and accountability in both the public and private sectors of Liberia.

Collins, who is a Fellow of the global body of Chattered Certified Accountants, the ACCA, emphasized the need for accounting students to bridge the capacity gap in Liberia and strive to be Chattered Certified Accountants in order to be respected in the profession, and experience growth in the highly competitive job environment.

Speaking further, he stated the numerous job opportunities for professional accountants in government, private accounting firms, corporations, or any business venture. The Director General however wasted no time in cautioning them of the importance of honesty.

"There is no easy road to success. However, a Certification, high degree of professionalism and integrity will make your paths much easier. Many use an accounting degree as an end. I tell you today, it should not be your end. Your accounting degree must be used as a means to the end, not an end in itself."

Collins shared his personal story with the students and faculty of CUC, after which the students extolled him for his humility, and marveled at his rich education and work experience which spanned both the public and private sector at the highest levels.

The IIA head holds a Master of Science degree in International Business Economics and is a Liberian CPA. He is also one of the first Liberian to attain fellowship of the Association of Certified Chartered Accountants in the UK. He lectures part time at various undergraduate and graduate programs in such areas as Public Sector Economics, Banking and Finance, Auditing and Accounting.

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