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UTech Launches Accounting Students Association

October 16, 2004

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The University of Technology’s Faculty of Business and Management and the School of Business Administration has launched its Accounting Students Association (ASA) aimed at preparing students for the actualities of the accounting profession.
The programme, which is the first of its kind in the island, will see the students being mentored by professionals from the Office of the Registrar of Companies, the Jamaica Stock Exchange and the Institute of Chartered Accountants of Jamaica. Through the relationship students will be able to practically apply theories learned during their course of study.
Speaking at the launch at the institution on Thursday, (October 13) Lecturer in the School of Business Administration, and Faculty Advisor, Nathanael Samuels Davis, said the programme stemmed from the realization that while many students mastered the academics, most remained unprepared for the professional world.
He said the ASA, formed to complement the institution’s day programme, acted as an extension of the accounting division and was aimed at producing marketable accounting students who were not only involved in academic accounting but practical accounting as well.
Meanwhile President of the University of Technology, Dr. Rae Davis said the mix of preparation training and post qualification training was the distinguishing mark of the professional. “This is part of your training, this is leadership training not from the book but straight from personal experiences,” he told students. He noted that the Association’s objectives, which included developing students’ knowledge of the accounting profession, fostering proper business ethics, creating a spirit of entrepreneurship among accounting students and the role of the accountant in society and the changing global environment, were fitting, as the present dynamic environment would demand more of the accountant.
The University President further expressed gratitude to members of the business sector for their support in the establishment of the Association.
Dean of the Faculty of Business Management, Garth Kiddoe encouraged the students to focus on achieving the objectives outlined for the benefit of their colleagues. He noted that the prospects for employment had improved as the number of persons qualifying for practice has increased significantly with persons also gaining employment outside the region.
Pointing to the impending Caribbean Single Market Economy (CSME),
Mr. Kiddoe said the possibilities stood to further increase given the allowance for professionals to gain employment anywhere in the region. He said the Association was well placed to enable students to chart a professional development path for themselves. The ASA is served by an eight-member interim executive.

Last Updated: October 16, 2004

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