Broadening the Accountancy Profession’s Reach in the Public Sector
The public sector is the largest sector in the global economy, and with complex finances, competing demands on public resources, and the need for transparency and accountability in the management of public funds, the demand for accounting and finance professionals is high. However, public sector entities at all levels, including national and local government level, struggle to find suitable candidates with the right skills to fill these positions.
In collaboration with the South African Institute of Chartered Accountants (SAICA), IFAC has published a case study on SAICA’s activities in the public sector, highlighting how a focus on the public sector supports its mandate to contribute to South Africa’s economic and social advancement. SAICA’s priorities include rendering the public sector more professional through multiple means, in order to attract talent and grow its membership, as well as supporting members through professional development and advocacy.
More on SAICA’s methods may be found on the following link: