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Tag: Md Sajid Khan

Embracing neurodiversity brings business benefits, says new ACCA report

Mumbai, July 30, 2024: ACCA’s latest report ‘Neurodiversity in accountancy’ explores the growing awareness by employers that those who are neurodivergent have real value to bring to an organisation. The report highlights targeted hiring programmes that have actively sought out neurodivergent talent to undertake specific roles.

This follows findings in ACCA’s India Talent Trends 2024 report which revealed that respondents want to see greater workplace diversity and 82% believe that an organisation that has a strong diversity and inclusivity culture would be a key factor in deciding to work there.

It’s estimated between 15–20% of the population are neurodivergent. As a result, organisations have a moral responsibility to include and support neurodivergent individuals, creating workplace environments where everyone’s challenges are supported and strengths are celebrated, and where neurodivergent individuals can thrive.

Md. Sajid Khan, Director – ACCA India, commented: ‘In today’s business environment, markers of diversity such as neurodiversity in the workplace are starting to gain relevant attention. Leaders have a critical role to play in driving the equity, diversity and inclusivity agenda and employers in India have a great opportunity to tap into this valuable talent pool.’

The business benefits for organisations that embrace neurodiversity include:

§ Diverse thinking: neurodiversity brings unique viewpoints, problem-solving approaches, fresh ideas and innovative solutions.

§ Increased productivity: accommodations for neurodiverse individuals enhance overall productivity.

§ Talent attraction: focusing on building neuro-inclusive workplaces attracts candidates – especially Generation Z.

§ Talent retention: a neuro-inclusive environment fosters loyalty and reduces turnover.

§ Enhanced creativity: neurodiverse individuals often think ‘outside the box’.

§ Positive workplace culture: Employees feel respected and valued, leading to better morale.

This report shares stories of individuals who are neurodivergent within the accountancy profession and ultimately celebrates thinking differently, representing organisations as diverse as accountancy firms EY and Cooper Parry, recruitment firm Michael Page Malaysia, HMRC (the UK’s tax authority) and The Ritz London hotel. Numerous benefits to organisations were cited, from brand recognition and winning new business to accessing previously untapped talent pools. Bringing innovation, creativity and other valuable skills to the organisation was also recognised as a key benefit. Ultimately, a proactive approach in this area has an impact on creating value for an organisation, both financially and socially.

Report co-author Jamie Lyon, head of skills sectors and technology at ACCA says: ‘Supporting neurodivergent employees is essential for creating an inclusive workplace and this doesn’t need to be complex. Often knowing where to start can be the biggest challenge. Organisations can approach neuro-inclusion at both an organisational and individual level. The aim for any organisation should be neuro-inclusive design, where possible adjustments and ways of working are part of standard practice and no longer need to be requested.’

The research sought to understand the challenges neurodivergent individuals face at work and in education; their strengths; how organisations have implemented support at both the organisation and individual level; and thoughts about the future of neurodiversity at work.

It concludes with key recommendations for organisations to better support their neurodivergent employee community, from leadership buy in and sponsorship, education and training opportunities, through to inclusive job descriptions and recruitment practices.

Report co-author Tania Martin, Neuro-inclusion consultant at PegSquared concludes by saying ‘With an estimated one in five of the workforce being neurodivergent, and more people willing to openly share their stories, it is becoming even more important that employers are proactive in understanding and building neuro-inclusive workplaces. So often we find what works for one, benefits so many. But broader than that, neurodiversity also impacts employers’ clients and customers. Having an understanding of neuro-inclusion can be a competitive advantage – harnessing neurodiversity is ultimately good for business.’

ACCA and K J Somaiya Institute of Management Partner for Accountancy Excellence

Mumbai, July 20, 2024: ACCA (the Association of Chartered Certified Accountants), a globally recognised professional accountancy body, and K J Somaiya Institute of Management, Mumbai, announced signing a Memorandum of Understanding (MoU) to enhance educational opportunities in the field of accountancy. The signing was officiated by Prabhanshu Mittal, ACCA’s Head of Educational Partner Relationships, and Dr Raman Ramachandran, Director & Dean of K J Somaiya Institute of Management, Somaiya Vidyavihar University.

(Centre) Dr Raman Ramachandran, Director & Dean of K J Somaiya Institute of Management and Prabhanshu Mittal, Head of Educational Partner Relationships, ACCA

This collaboration aims to enrich educational opportunities in the field of accountancy by providing students with a globally recognised qualification and fostering excellence in academic and professional development. ACCA, a distingusied global professional accountancy body, and the K J Somaiya Institute of Management, renowned for its academic excellence, are set to transform the learning experience for aspiring finance professionals.

As a part of this MoU, ACCA will collaborate with K J Somaiya Institute of Management, Mumbai to facilitate academic collaboration through joint academic programs, workshops, and seminars. Additionally, ACCA will also implement joint initiatives for professional development, including train the trainer and faculty development sessions. Furthermore, ACCA will work together with the institute to cultivate a culture of innovation and research in the field of accountancy, contributing to the advancements in the profession.

This partnership reaffirms the shared vision of ACCA and K J Somaiya Institute of Management to drive innovation and excellence in finance and accountancy education, empowering future professionals to thrive in a rapidly evolving global landscape.

On occasion of the MoU signing Md. Sajid Khan, Director- India, ACCA said: ‘We are thrilled to partner with the K J Somaiya Institute of Management, a prestigious institution known for its commitment to academic excellence. By combining ACCA’s global expertise with the institute’s strong academic foundation, we are paving the way for students to gain a world-class education and professional qualification. Our goal is to nurture the next generation of finance professionals who are not only proficient in their field but also equipped to drive innovation and progress in the global financial landscape.’

Dr Raman Ramachandran, Director & Dean, K J Somaiya Institute of Management, Mumbai added, ‘We are excited to join forces with ACCA. This partnership marks a significant milestone in our mission to provide students with unparalleled educational and professional development opportunities. By integrating ACCA’s globally recognised qualifications into our curriculum, we are not only enhancing the academic experience but also ensuring our students are well-prepared to meet the demands of the global financial industry. Together, we are committed to fostering a dynamic learning environment that emphasises innovation, research, and practical expertise.’

ACCA to host its Employer Summit 2022 virtually, this February

ACCA (the Association of Chartered Certified Accountants), the global professional body for professional accountants will be hosting ACCA – Employer Summit in India on 3rd February 2022.

The guest of honour is Nenad Pacek, Founder and President of Global Success Advisors GmbH and the MEA Business Group who will share his views on India and the global economy. He has chaired over 100 Government Roundtables with Presidents, Prime Ministers, and their cabinets across Europe, the Middle East, Africa, Asia, and Latin America.

The summit will also have an employer roundtable to showcase the recently launched ACCA Career Navigator tool kit that has been designed to enable employers to plan their business and finance talent journey.

Md Sajid Khan, Head of International Development at ACCA says “In line with our public value agenda, this summit will help our stakeholders understand and prepare for the economic recovery which lies ahead. At ACCA we are committed to supporting our employers through global thought leadership, which helps to shape and lead the accountancy profession.”

ACCA – Employer Summit 2022 is open to Employers, Approved Learning Partner’s (ALP’s), colleges & universities, members and future members. This summit will be held virtually from 2:30 pm – 4:30 pm

Lucia Real-Martin, Executive Director for Markets at ACCA says,“The summit will help employers as our valued partners to get an in-depth understanding of the changing economic scenario in the region and how ACCA is enabling employers to plan their talent journey for the growth ahead”

To register for the ACCA – Employer Summit 2022, please visit the link below

https://teams.microsoft.com/registration/LN7n8rpZ_kmMaEzTM_lrAQ,Bct28Mwfqk2ETPIlJHhGpA,UXwDG-aMgEmocXOWA0dEbA,_xOUeQ9LaE-_iiS7zAohnw,9uV0CMIXhkm6pfNroBLd7A,CaHHYyw8QEicdaQGyqK71w?mode=read&tenantId=f2e7de2c-59ba-49fe-8c68-4cd333f96b01