BSP banks on accountants’ knowledge and skills

Bank South Pacific has maintained its platinum sponsorship valued at K52,500 to go towards the staging of a series of Certified Practicing Accountants (CPA) annual conferences.
The meetings are scheduled for Kokopo, East New Britain; Lae in Morobe; and Port Moresby.
The Kokopo meet was held on June 23.
It discussed how practicing accountants could contribute meaningfully in supporting the economy and building small to medium entrepreneurs.
The theme is “The growth of the SME industry in PNG – what is the accountant’s role?”
The conference will focus on the role of certified practicing accountants or professional accountants into developing the SME sector in the country.
The next meeting in Lae will be on August 24 to 25 and the Port Moresby meeting on Nov 16 to 17.
BSP Group general manager Retail Banking Paul Thornton said the bank was pleased to continue the relationship that started in 1995, when BSP signed up to be a gold sponsor.
“Our continued sponsorship reinforces our drive to support and build Papua New Guinean professionals, to take the lead, build respect and recognition in the profession they choose,” he said.
“The knowledge, skill and diligence of professional and talented accountants cannot be understated because they monitor the performance of a business and ensure that finances of the business are legitimate and accurate.
“And we are happy to support a professional body that encourages accountants to share knowledge and experience during these meetings.”
CPA PNG executive director Yuwak Tau thanked BSP for its continued support.
“We can assure BSP that the sponsorship will go a long way in the true spirit of integral human capital development in Papua New Guinea,” Tau said.