💰With only 3% of SAICA registered accountants in the public sector, President Cyril Ramaphosa has been urged to make accounting in the public sector more appealing. TheCitizenNews BusinessNews Read the full story⬇️
A house in shreds
He says professional reputation is further compromised when accountants remain in the public sector long enough to become associated with “questionable activities”, which eventually force them out of office. “These safety concerns and lack of respect, combined with lack of trust in the system, are the primary [factors] deterring skilled professionals from considering a career in the public sector,” he said.“Let’s say we’ve tackled the issue of crime and corruption with regards to the public sector. Now with a safer working environment, suddenly the public sector presents a massive opportunity for professional accountants – but only if we can attract them to consider working in this area,” he said.
He says integration of such subjects into the curriculum, coupled with practical exposure, will enable students to gain better understanding of the public sector and its complexities – making it an appealing traineeship option.
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