Fintech is set to be the latest career frontier for accountants. The fact that 50% of accountants are considering a move into financial technology shows that the profession is willing to seize these new opportunities. There is, though, a risk that older generations could miss out if they believe they do not have the necessary skills. Our article summarising the findings of a recent ACCA report on the subject reveals the breadth of opportunities available in fintech. We have also distilled the highlights in graphics.
The skills of auditors are in focus this month, too, following the announcement that EY is planning to split its audit practice away from the rest of the business. This prospect throws up a number of issues, among them audit quality and recruitment. Firms are currently attractive employers for the variety of work they offer, but this could change if joiners no longer have opportunities to work across the full breadth of the service offering.
Also this month, we interview Teuta Oruçi, the founder of Malta-based strategy consultancy Cleantech360. After unexpectedly finding herself an asylum seeker in the UK, she studied for her ACCA Qualification at night school and went on to have a successful career in financial services, before taking on the role of global CFO of recycling social enterprise Plastic Bank at the start of this year.
In one of our opinion pieces this month, Alfred Romann predicts tough times ahead for the north American economies. And in Europe, we report on the growing demand for green skills among accountants – the winds of change are blowing through finance.
Finally, can you guess which the most expensive city in the world is for expats? See the listing for the answer.