Favoo College Trains Accountants with New Skills
Students from the Accounting course at Favoo will be equipped with new skills amid the evolving landscape of the profession.
The accounting field is undergoing significant transformation both in Brazil and globally, driven by challenges such as the advent of artificial intelligence, tax reform in Brazil, economic instability, and the growing focus on ESG (Environmental, Social, and Governance) criteria. These changes necessitate a new profile for accountants, who must now possess broader perspectives and specific skills to navigate this landscape. Recent updates to national curricular guidelines further push for structural changes in the role and academic training of accountants.
In the municipality of Vilhena, the Regional Accounting Council (CRC) currently reports around 430 active accountants in the market, highlighting the competitive nature of the sector and the urgent need for professional differentiation. Douglas Brum from the CRC of Vilhena emphasized the accountant's role as an essential partner to entrepreneurs, particularly during these transformational times. He believes that as the profession evolves, accountants must adapt to provide valuable insights and support to businesses facing unprecedented changes.
The rise of technology and regulatory changes in accounting practices not only reshape how accountants operate but also influence their educational paths. Institutions like Favoo are responding to these shifts by incorporating relevant skills into their curriculum, thereby preparing graduates to meet new demands in the marketplace. This strategic focus aims to ensure that aspiring accountants remain relevant and competitive in a rapidly changing professional world.