Business News of Wednesday, 10 July 2019
Ghana Cocoa Board (COCOBOD) has held a day’s seminar for its Chartered Accounting staff at Cocoa House in Accra with a call by the Chief Executive, Hon. Joseph Boahen Aidoo to embrace emerging trends in the financial fraternity to continue to build a formidable team in handling cocoa revenues.
Hon. Boahen Aidoo disclosed that COCOBOD is undergoing some transformation and the Board needs a lot of financial resources to do so, noting that, this requires time and money to be saved thereby calling for cutting down losses and improving on revenue generation.
He observed that, there were some inconsistences in simple transactions and this should be addressed through reconciliation to balance the books.
‘I expect that you embrace the finest accounting software and technologies and bring them to bear on your work’. He added, ‘whatever cutting edge software that is required to facilitate your work irrespective of the cost will be considered for use’.
The COCOBOD Chief challenged the facilitators to give off their best to offer the participants the necessary skills to work using modern and highly technological trends.
Addressing the participants, Deputy Chief Executive In-Charge of Finance and Administration, Mr Ray Ankrah stressed that COCOBOD plays a key role in the developmental process of the country and strengthening the skills set of the organization’s chartered accountants cannot be overemphasised.
‘This training programme marks the point where we bring closer to you modern technology in finance to enable you take charge of your responsibilities’, he added.
Dr Noel Tagoe, the lead facilitator expressed concern for the participants not only to be interested in their accounting skills and profession but also consider issues of globalisation and help their organisation remain relevant and profitable in modern business.
Mr Francis Akwasi Opoku, Director of Human Resources and Solicitor Secretary entreated the participants to embrace the skills gathered through the seminar well enough to improve on their performance towards strengthening a formidable accounting team for COCOBOD.
‘We will continue to give you access to modern skills through consistent training to build your capacity and grow the cocoa industry’, he concluded.