INSTITUTE OF SOLOMON ISLANDS ACCOUNTANTS
MEDIA RELEASE - PROFESSIONAL DIPLOMA PROGRAM GRADUATION 2023
Title: ISIA congratulates graduands of Australian Funded Professional Diploma in Accounting Program.
Thirty-nine public sector and private sector accountants graduated with their Professional Diploma in Accounting from the Institute of Solomon Islands Accountants on Monday 11 September.
The inaugural graduation ceremony marked the successful completion of ISIA’s pilot of its professional development program, the Professional Diploma in Accounting. The Australian Government funded the pilot as part of its broader support to the Institute. ISIA delivered the pilot in collaboration with the Institute of Public Accountants, Monarch Institute, and Pearson Vue.
ISIA CEO, Pamela Naesol-Alamu said ISIA is focused on raising the standards of the accounting profession in the country. “To raise the standards, we need to develop a pool of highly competent accountants, and professional development programs such as the Professional Diploma in Accounting are aimed at equipping accountants with technical knowledge and enhance their capability to provide high quality services to their employers and clients”. The pilot was recently completed in July 2023 with the successful roll-out of four modules which covered key accounting competencies for technician accountants and registered book-keepers. This included a Tax & Law module contextualised to the Solomon Islands tax system and Company Law.
Speaking at the graduation ceremony, Australian Deputy High Commissioner to Solomon Islands, Sally-Anne Vincent, said, “Under the Australia-Solomon Islands Economic partnership Australia’s support to ISIA and the pilot program recognises the great need for professional development opportunities for accounting professionals and practitioners in Solomon Islands. A strong pool of professionals and practitioners can raise the standards of the accounting sector across Solomon Islands which underpins good governance and accountability and promoted economic stability”
I acknowledge the support and the role the Government of Solomon Islands in providing an enabling environment for this important development which supports long-term economic growth in the country”.
Institute of Public Accountants President and Board Chairperson, Julie Williams, said, “Accounting isn’t just about numbers, it’s about the social contract that exists between all of us. The future of accounting will be broad, transdisciplinary, and focus on problem solving, but accounting will still be the core of the profession”.
“Australia and the Solomon Islands are neighbors and long-time friends. The IPA Group is committed to capacity building in the Asia-Pacific, and we hope that the ISIA - IPA Professional Diploma of Accounting program will help prepare graduates for the future of the profession,” said Williams.
ISIA CEO expressed her sincere gratitude and appreciation to all ISIA’s key partners. She added, “our success in developing the accounting profession in Solomon Islands would not have been possible without the ongoing support from the Governments of Solomon Islands and Australia. Over the last eight years, Australia has financially supported key projects of the Institute. This includes the piloting of this Professional Diploma Program through the Australia Solomon Islands Partnership for Governance Program. The Government of Solomon Islands has ensured appropriate laws and regulations are in place that also enables ISIA to deliver its mandate.” ISIA intends to provide more professional development opportunities to enhance accountants’ knowledge and skills in the country, and a professional membership pathway for its members to allow them to progress toward higher professional accreditation.