The Association of Chartered Certified Accountants (ACCA) has reaffirmed its commitment to shaping the future of finance professionals by hosting ACCA Orbit 2025, a high-impact summit centered on artificial intelligence (AI) and its evolving influence on the accountancy profession. Held on the theme ‘AI and the Future of Work’, the event, held at the UPSA, pooled industry leaders, technology professionals, and business executives to explore AI’s growing role in financial operations and advisory services.
In his keynote address, Col. Nobel Carl Doe Dei-Alose, Chairperson of ACCA Ghana, stressed the urgency for finance professionals to develop AI competencies, warning that those who fail to adapt risk becoming obsolete in an increasingly automated financial landscape.
“As we move forward, accountants must understand AI and integrate it into their roles. Those who fail to evolve will struggle to reconcile traditional practices with the demands of modern industry,” he stated.
A thought-provoking panel discussion titled ‘Will AI Take My Job?’ addressed concerns surrounding automation in accountancy. Panellists underscored that AI is an enabler, not a disruptor, shifting the profession’s focus from data processing to strategic advisory functions.
Akwasi Adu Boahene, CEO of Fidelity Securities, stressed that AI will redefine accountancy rather than eliminate it. “The future of accounting is no longer just about reporting numbers but about deriving strategic value from financial data. Professionals who can analyze and interpret this data will remain indispensable,” he explained.
While AI promises enhanced accuracy and efficiency, speakers also acknowledged concerns about potential biases and ethical risks. Winifred Opoku-Baffour, Assistant Vice President at Absa Bank, emphasized the need for governance structures to ensure AI’s responsible use.
“Trust and accuracy are the foundations of accounting. AI can improve data analysis and reduce human error, but without proper oversight, it risks eroding trust,” she noted. “Rather than fearing AI, we must embrace it as a tool that enhances productivity while upskilling ourselves to remain relevant.”
Throughout the summit, speakers stressed three fundamental areas for professionals looking to integrate AI into their careers:
Lifelong Learning & Intellectual Curiosity – Staying updated on AI advancements is crucial.
Enhanced Analytical & Advisory Skills – AI can automate tasks, but human judgment remains invaluable.
Ethical AI Governance – AI must be used responsibly to maintain trust in financial reporting.
Gloria Boye Doku, Vice Chairperson of the ACCA Network Panel, reinforced ACCA’s commitment to AI education. “There is always fear that AI will replace us, but this summit has shown that AI is here to augment what we do. ACCA remains dedicated to equipping finance professionals with the skills to thrive in a tech-driven world.”She asserted.
In addition to insightful discussions, ACCA Orbit 2025 featured a career fair, masterclasses on blockchain and cryptocurrency, and digital skills training. The event also honored 50 top-performing ACCA candidates in taxation, audit, financial management, and other disciplines, recognizing their excellence at both national and international levels.
As AI continues to redefine the financial industry, ACCA’s proactive approach ensures that accountants are not just prepared for change but are leading it. By fostering continuous learning, strategic thinking, and ethical AI use, ACCA is positioning finance professionals at the forefront of a rapidly evolving global economy.
