THE ROLE OF ACCOUNTANTS AS PROFESSIONALS IN NATIONAL DEVELOPMENT

There is a nexus between Accounting and economic well-being The nexus flows from the role, which Accounting information traditionally plays, on the one hand in securing accountability, and on the other, in improving and facilitating optimal decision making in any situation where choice amongst alternatives is involved. It means therefore that the accounting function is inseparable from the task of managing the National economy. The Accountants as professionals and as practical Economists have vital roles to play in shaping the tune of National development. But the nature of the roles the Accountants can play has always been a closed book. This is one of the reasons why the services of professional Accountants have not been employed on a large scale in the task of National Development. This paper has therefore discussed the nature of the roles of professional Accountants in national development and the gains that could accrue from performing such roles.