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News & Press: EDITORIAL

A changing profession

09 April 2014   (0 Comments)
Posted by: Nicolaas van Wyk
Ernst and Young reports that the most common level of education for a CFO is a degree in finance (29%), followed by a MBA (27%), chartered accountancy qualification (27%), other post-graduate degree (13%), other university degree (13%), business/accountancy related bachelor’s degree (11%), company secretary/cost accountant (5%), and PhD (3%).

growing number of new chief audit executives are coming from outside the internal audit profession. A survey revealed that before becoming a CAEs, 19 percent of the survey respondents held management position in accounting or finance, 9 percent held a management position in a professional service firm, 4 percent held a management position in operations, while 3 percent held a management position in compliance.

Following this trend SAIBA has positioned itself to be the home for all accounting and finance professionals, whether in commerce or in practice.

Our designation Business Accountant (SA) is available to any employed person performing an accounting or finance function irrespective of their prior qualification. So whether you qualified as a HR practitioner, attorney, engineer, or anything in between - if you are in finance you belong to us.  




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