MAHA Global and IPR: Do Actions Speak Louder Than Words?
Developing Soft Skills in Professional Accounting Education
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Soft Skills
Marcelo Canetti
IAESB Member & BDO Partner
EFFA 2013 Panel Session
Amsterdam, Netherlands
April 2013
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Soft
Skills
Hard
Skills
Work
Place
Skills
What Are Soft Skills
• the character traits and
interpersonal skills that
characterize a person's
relationships with other
people
• a person's knowledge and
occupational skills
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What Are Soft Skills
Soft Skills
Interpersonal &
Communication Skills
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What Are Soft Skills
• work with others for the common good of the
organization
• receive and transmit information
• form reasoned judgments
• make decisions effectively.
Interpersonal and communication skills
enable a professional accountant to
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What Are Soft Skills
Components of
interpersonal &
communication
skills:
(a) work with others in a consultative process, to
withstand and resolve conflict;
(b) work in teams;
(c) interact with culturally and intellectually diverse
people;
(d) negotiate acceptable solutions and agreements in
professional situations;
(e) work effectively in a cross-cultural setting;
(f) present views effectively through
formal, informal, written and spoken
communication; and
(g) listen and read effectively, including a sensitivity
to cultural and language differences.
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Role of IAESB
As an International Standard Setter in Professional
Accounting Education our mission is:
“ to serve the public interest by
strengthening the worldwide
accountancy profession through the
development and enhancement of
education.”
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What Are the IAESB’s Objectives?
• Establishing a series of high quality standards
and other publications reflecting good practice
in the education, development and assessment
of professional accountants
• Promoting the adoption and implementation of
the International Education Standards (IESs)
• Developing education benchmarks for
measuring the implementation of the IESs
• Advancing international debate on emerging
issues relating to the education, development
and assessment of professional accountants
To serve the public interest by
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The Future of Developing Soft Skills within Profession
Outcomes-based approach to competence-based
professional accounting education
Revised IES 3 on Professional Skills recognizes:
Professional Competence = Technical competence +
Professional Skills + Professional Values, Ethics, &
Attitudes
Revised IES 3 on Professional Skills identifies
competence areas, proficiency levels, and learning
outcomes.
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Trends of Profession
Role of accountants will have to diversify if they are to
survive as key source of advice for SMEs.
Need to develop a multidisciplinary approach to
servicing their clients
Add value to the business through their expertise in
cost analysis and family succession.
But, if accountants can’t communicate then they will
be unable to deliver on the above
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Professional Skills within the Workplace
• Providing coaching or workshop opportunities to develop
personal skills during IPD & CPD
• Providing training to line managers to enable them to
demonstrate personal skills in the workplace
• Feedback provided by line manager on each assignment
• Annual performance reviews or appraisals
• Development of a competency framework, enables firms
to:
– Benchmark against technical & non-technical skills
– Identify areas of personal development on non-technical skills
– Motivate performance by rewarding for exceptional demonstration of skills
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Specific Areas of Focus for SMEs
• Communication skills
– Written
– Presentation
• Negotiation skills
• Dealing with matters of conflict
• Interview skills
• Providing & receiving feedback
• Meeting/chairing skills
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Educational Challenges
Assessment & Monitoring Issues / How do we know
development has been achieved?
Oversight / Who is the Assessor?
Benchmarking development / How is “good practice”
tracked and reported?
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http://www.ifac.org/education
.
THANK YOU
Sources of Information