A former Chairman of Parliament’s Public Accounts Committee, Dr. James Klutse Avedzi, has called on the Institute of Chartered Accountants, Ghana (ICAG), to make significant investments in digital technologies—particularly artificial intelligence—to enhance efficiency and uphold integrity in the accounting profession.
Speaking at the 45th Admission Ceremony for new members of the Institute in Accra on September 23, Dr. Avedzi stressed the need for the profession to evolve with global trends.
“We live in a digital age where artificial intelligence and technology are redefining every aspect of business,” he said. “ICAG must take the lead in adopting digital tools that enhance integrity, improve service delivery, and ensure global competitiveness.”
Growing Support for Ghana’s Digital Future
Dr. Avedzi’s call comes at a time when Ghana’s digital ecosystem is receiving substantial support from development partners. In 2022, the World Bank invested $200 million into the country’s digital development agenda. Two years later, the government allocated an additional $5 million, and in 2025 alone, partners have committed $47 million towards ICT and innovation initiatives.
According to the Ghana Export Promotion Centre, Ghana’s digital innovation sector is now valued at over 1.5 billion cedis, reflecting growing investor confidence in the country’s technological potential.
“With this level of international backing,” Dr. Avedzi added, “institutions like ICAG cannot afford to be left behind. We must seize the moment to integrate ICT in our operations, training, and service delivery.”
ICAG President: Integrity Remains Core
Also addressing the ceremony, President of the Institute, Mr. Augustine Addo, emphasized that while technology is critical, the foundation of accountancy remains ethical practice and professional integrity.
“Integrity remains the hallmark of effective accountancy practice,” Mr. Addo noted. “Digital tools may enhance what we do, but they cannot replace our core values.”
New Members Inducted
The ceremony also saw the induction of newly qualified accountants, who were recognized for their dedication and achievement. The fresh cohort joins the profession at a time when the accounting landscape is undergoing rapid transformation.
As digital disruption reshapes global finance and governance, stakeholders say institutions like ICAG must not only adapt—but lead.
“A changing world demands changing tools,” Dr. Avedzi said. “For ICAG, the digital shift may well be the next big audit.”
