Opinion & Analysis
Pay attention to skills if devolving
A graduation ceremony: The challenge will be providing professionals to meet the demands for both the private and public sectors. Photo/FILE
Posted Thursday, November 26 2009 at 00:00
But it is incumbent upon policy makers to ensure that production processes are efficient to increase volumes.
It would also be important for the government to finalise automation to enhance quality and speed of service delivery for a possible one-stop shop.
The implementation of the devolved government structure must meet the minimum expectations of accountability through ensuring that the roles at each level are clearly defined in practice not just on paper.
Proposals in the draft constitution for more oversight and implementation bodies such as the Controller of Budget, Commission on Revenue Allocation and Economic & Social Council will require more staff, particularly accountants and economists.
Reports by trainer Kenya Accountants and Secretaries National Examination Board (Kasneb) indicate that over 160,000 students are undertaking various accountancy examinations although less than 15,000 of these have completed examinations.
Of these, only about 7,000 are registered with the Institute and can rightfully use the term CPA (K).
If we look at the number of students undertaking degree courses in accountancy and related fields, we estimate about 10,000 to 15,000 graduates annually.
In our view, the theoretical knowledge is available but the challenge will be providing these graduates with the practical skills they need to perform their work effectively.
Qualified accountants
The challenge will be providing qualified and experienced accountants to meet the demands for both the private and public sectors.
Besides, there will be competition for the accountants from the region and globally, further straining the ability of local companies to retain experienced staff.
It is, therefore, likely that the salaries for these experienced accountants will increase and, unless the Government improves terms and conditions of service, they may end up being training grounds for people who migrate to choice employers like the private sector and international organisations.
Kigen is the chief executive officer, ICPAK.




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