The professional world has always been seen as a man’s domain, but data shows that this ratio is rapidly shifting. One industry where this trend is becoming more pronounced is accounting, where the ACCA now has 40% female members, or half of the entire organization.
Statistics reveal that the vast majority of people entering the accounting profession are now heavily skewed towards women in places like the Asia Pacific and developing countries. The ACCA students and members in Singapore, where an astounding 75% are reported to be female, are arguably the group where the increasing numbers of women accountants and their ever-growing impact are perhaps most acutely obvious.
The developing world is ushering in a new era when women are now the majority of those entering the accounting field. Singapore, where 75% of students are female, is a shining illustration of this trend. In every country in the world, the number of women accountants is rising. The Philippines, the United Kingdom, and Canada are nations where this change is obvious.
All of this demonstrates that this field is no longer just the domain of men because times have changed. This blog explores the origins of this evolving trend.
The Significance of Women in ACCA
Today’s student body at ACCA is largely made up of women. The current results would make sense if you looked at the rich history of this institute. Women members of ACCA have been a pioneering force in defining and elevating the organization to this level. Leo Lee, a former ACCA president, is among the people who have gratefully recognised their assistance.
Academically, the ACCA credential is well known throughout the entire world. In addition, the organization is well known for its support of women’s empowerment and gender equality. Ethel Ayres Purdie, who joined as the organization’s first female member in 1909, was a pioneer for working women. She not only paved the way for others in her field, but she also spoke out for fairer taxation and treatment of women.
Pioneers of the present who define ACCA
Given that the institute is currently active in 180 countries, the ACCA body is quite diversified. They currently have 46% female official members. Vera di Palma, the first female president of ACCA, and Helen Brand, the chief executive who has accomplished a great deal of important work, are examples of this.
The many components of this qualification have undergone a great deal of work, from the best ACCA modules to the most recent accounting trends. They have altered conventional structures and assisted women everywhere in the world in locating a niche.
The accounting sector is currently being shaped by company leaders who are women. They are tackling pertinent concerns and investing their energies in productive labour, just like their predecessors did.
There is undoubtedly more opportunity for women in accounting and other fields, thanks in large part to industry reforms like flexible work schedules.
The next generation will follow in their footsteps and have access to a wealth of options thanks to the female ACCA students and members who are altering not only this industry but also many others throughout the world.
There are so many excellent reasons to enter the accounting field. The industry must make every effort to counter the long-standing, historical forces that have made it so difficult for women to enter and advance in the accounting field.
Regardless of your gender, the Mirchawala Hub of Accountancy offers specialised ACCA and CFA courses that can help you achieve your goals. Learn more about how the institute’s and Mirchawala’s training programs operate.