ACCA Rank Technical Accounting Skills Essential to Professional Success

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The Association of Chartered Certified Accountants (ACCA), one of the most powerful global presences within the accounting profession has placed Technical Accounting Skills among the seven attributes that make the perfect finance professional.

The full list of attributes listed by ACCA is:

  • Technical and ethical competencies (TEQ): The skills and abilities to perform activities consistently to a defined standard. Often based on a professional qualification.
  • Intelligence (IQ): The ability to acquire and use knowledge: thinking, reasoning and solving problems.
  • Creativity (CQ): The ability to use existing knowledge in a new situation, to make connections, explore potential outcomes, and generate new ideas.
  • Digital (DQ):  The awareness and application of existing and emerging digital technologies, capabilities, practices, strategies and culture.
  • Emotional intelligence (EQ):  The ability to identify your own emotions and those of others, harness and apply them to tasks, and regulate and manage them.
  • Vision (VQ): The ability to predict future trends accurately by extrapolating existing trends and facts, and filling the gaps by thinking innovatively.
  • Experience (XQ): The ability and skills to understand customer expectations, meet desired outcomes and create value.

Read the Accountancy Age article 'Seven attributes the make perfect finance professional"

The full report, along with an interactive test to discover how you stack up against the ‘magnificent seven’ can be viewed here.