The Accounting Profession in The Gambia
Councils and Its Committees
Affiliations and Membership
The Strategic Significance of GAA
Upcoming Activities 2004
The various economic recovery programmes of the West African sub-region recognise the importance of good accounting and effective financial management both at the macro and micro economic levels as an instrument of economic and social development.
The role of the accountancy profession in the realisation of economic recovery programme objectives cannot therefore be over-emphasised. The GAA recognises, however, that there is a lack of an overall coherent, consistent and co-ordinated strategy for the development of accountancy in The Gambia and the common voice of professional accountants in both formal employment and public practice.
The GAA is currently acting as a focal point for co-ordinating the various efforts of capacity building and enhancement with respect to the development of accountancy in The Gambia.Secretariat: The GAA has a fully equipped Secretariat at MDI.The Secretariat is staffed by four people. The secretariat is headed by the Executive Secretary whose main responsibilities among others include:
The Gambia Association of Accountants through the assistance of the Gambia Government secured a grant from the International Bank for Reconciliation and Development of the World Bank for the strengthening the capacity of the accountancy profession in the Gambia. The grant signed almost two years ago on 14th November 2001 will assist to put in place the necessary framework and environment that will facilitate the effective functioning of the accountancy profession in the Gambia. The purposes of the grant are to :
ACCA is the largest global professional accountancy body with nearly 300,000 members and students in 160 countries including the Gambia. ACCA's reputation is grounded in almost 100 years of providing quality accounting and financial qualification. ACCA has responded to many approaches from national Government and other Organizations for assistance in developing their own accounting profession. In the Gambia alone there is about 80 ACCA members and over 300 ACCA student members ACCA also operates several Joint Examination schemes with partner bodies around the world. The GAA ACCA has just signed a joint Exam scheme as agreement.