Benefits of the credit crunch

THE ASSOCIATION of Chartered Certified Accountants (ACCA) held its Accountants for Business conference in Bratislava on February 18. As Petra Polednová, the country representative of ACCA for Slovakia, told The Slovak Spectator, the conference was targeted at senior finance and human resources professionals and was primarily devoted to the benefits of the credit crunch.

THE ASSOCIATION of Chartered Certified Accountants (ACCA) held its Accountants for Business conference in Bratislava on February 18. As Petra Polednová, the country representative of ACCA for Slovakia, told The Slovak Spectator, the conference was targeted at senior finance and human resources professionals and was primarily devoted to the benefits of the credit crunch.

Speakers included specialists from ACCA and PricewaterhouseCoopers in Bratislava, and chief financial officers from companies active in Slovakia’s energy and telecommunications sectors. In their presentations, speakers identified how accountants from different sectors can help build value in their organisations, spoke about the function of finance within an organisation, outlined the main drives in handling the crisis, and addressed the increasing role of ethics and how to develop a firm’s staff during and after the economic downturn.

The ACCA 2010 programme is setting an agenda for the business sector that puts sound financial management at its heart. Its campaign seeks to address the issues raised around the accounting profession and demonstrate how accountants play a leading role in promoting confidence in business models and practices, as well as help develop successful, sustainable businesses.


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