Accounting Skills Vital for Youth and Community Development : Experts

Hyderabad, September 23: Accounting continues to be the backbone of businesses and a vital skill in navigating economic challenges, noted distinguished speakers at the Certificate Distribution Programme of Finlearn Academy held at Media Plus Auditorium on Tuesday evening.

Addressing the gathering, the chief guest Mr. Amir Ali Khan, News Editor of The Siasat Urdu Daily and MLC underscored the importance of inculcating financial competence among youth. “Complex calculations such as GST become manageable with proper accounting knowledge. Whether during lockdowns or economic crises, demand for accountants will never decline,” he said.

Invoking the example of Bibi Khadija (RA), the wife of Prophet Muhammad (PBUH), who ran a successful export business 1,400 years ago, he urged women to embrace entrepreneurship in the modern era. Encouraging the participants, he said “if Bibi Khadija has done it 1400 years ago, why can’t the girls and women of today do it”.

He also expressed concern over the sharp decline in Muslim representation in government jobs, which, he said, had dropped from 42 per cent in 1947 to single digits now. “The lack of education and reluctance to pursue it is the primary reason,” he noted.

Calling for the establishment of an association of chartered accountants and finance professionals, he said such a network would strengthen both the profession and the community. Recounting his tenure as a Member of the Legislative Council, he said interventions in skill development programmes – including driver training – had enabled savings and deemed earnings of at least ₹23 crore for the community in a span of just one year.

CA Syed Jamsheed Ahmed, the man behind FinLearn Academy’s novel initiative delivered the welcome address. Founder-Chairman FinLearn Academy Mr. Syed Khursheed Ahmed appreciated the spirit and enthusiasm of graduating students.

Mohammed Junaid Razvi, Audit Director, Ernst & Young, Saudi Arabia, lauded the students’ skills, declaring them “job ready,” and urged them to disseminate their knowledge widely.

The Chief Editor of Gawah Urdu Weekly advised graduates to pursue their profession with sincerity and transparency, stressing the role of zakat in community upliftment. He urged them to be transparent in matters of financial management and discipline regardless of the challenges.

The Finlearn Academy, which offers free two-month training programmes in accounting and taxation, felicitated 40 students who completed the course at the event.