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    <author>ENA</author>
    <category>MSME</category>
    <date>2024-06-25 16:50:56</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;New Delhi, Jun 25 (KNN)&lt;/strong&gt; In a report released on Tuesday, the Association of Chartered Certified Accountants (ACCA) emphasises the critical importance of empathy, adaptability, and human connection for small and medium-sized enterprises (SMEs) navigating the complex modern business landscape.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The report, titled  Accountants at the heart of SME resilience and growth,  compiles real-world experiences from finance leaders, entrepreneurs, and business support organisations worldwide.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;It showcases how accountants serve as indispensable partners to SMEs, offering not just financial expertise but also emotional support and strategic vision.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Aleksandra Zaronina-Kirillova, ACCA's Head of SME Professional Insights, stated,  In a world where SMEs face rapid change, from digital transformation to talent shortages and inflation, accountancy professionals' role as empathetic partners has never been more vital. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The report features success stories from various global contexts, including that of Oleksandr Danylenko, co-founder and de-facto CFO of Boodmo, an online automotive spare parts marketplace based in India.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Commenting on the Indian context, Sundeep Jakhar, Head of Public Affairs   India at ACCA, noted,  India has experienced a startup boom, with new-age companies attracting billions in funding.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;However, accessing capital and talent remain key challenges for SMEs looking to scale.  Jakhar emphasised the role of accountancy professionals in nurturing entrepreneurial ecosystems through ethics, sound governance, and interdisciplinary collaboration.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Accompanying the report is a practical toolkit offering insights on various topics relevant to SMEs.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;To further support the launch, ACCA is hosting a webinar on June 27, providing a platform for discussion and engagement with experts on the strategic role of accountancy professionals in empowering SMEs.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;This report underscores the evolving role of accountants as not just number-crunchers, but as trusted advisors who understand the human stories behind the businesses they serve.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;In an era of rapid change and uncertainty, the ACCA's findings highlight that the combination of financial acumen and emotional intelligence may be the key to SME resilience and growth.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;em&gt;&lt;strong&gt;(KNN Bureau)&lt;/strong&gt;&lt;/em&gt;&lt;/span&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>38346</id>
    <link>https://knnindia.co.in/news/newsdetails/msme/smes-thrive-with-empathy-acca-report</link>
    <pubDate>2024-06-25 16:50:56</pubDate>
    <source>knnindia.co.in</source>
    <title>SMEs Thrive with Empathy: ACCA Report</title>
</root>
