Thank you very much, Madam Speaker, for the opportunity
Madam Speaker, this is a very, very important institution that We are talking about. Its reputation continues to grow and among other things, as an academic, it is one of the institutions I really respect so strongly, not only in Ghana but actually in Africa.
Madam Speaker, accountancy is a very complicated course and it has got a lot of dimensions internationally; This is because of professional jealousy and guarding their own reputation, and yet the institute has stood the test of time and they deserve to be congratulated.
Madam Speaker, as We make this a full university, we must be very, very mindful of defining the parameters of its mandate clearly, so, that it would continue to be an institution of excellence. There is a college which Madam Speaker definitely knows, the Imperial College in London- It -is humbly called college by the whole wide world; everybody knows that when it comes to science and technology, it is Imperial College.
All the wonderful discoveries on this earth about science and technology, we refer to the Imperial College. Imperial College has stood faithfully within the parameters of its mandate from day one.
Madam Speaker, it pains my heart to see the KNUST become a general university and I must put it on record. It was the dream of the first President of this Republic that it would become a technology institute of excellence. When you do not operate within the parameters of your mandate, you have a lot of troubles. When they started doing all kinds of courses, at one time they wanted aVice Chancellor and then the lot appeared to be falling upon an Arts Professor.
There was big trouble in KNUST, simply because it was that day they rose up to say that you cannot have an Arts man as a Vice Chancellor, it has to be a science and technology man. But they sat back while this happened, and the person having risen to a certain seniority, it appeared he was the most qualified.
So, Madam Speaker, there are a lot of difficulties when you come to mix up your mandate and I would want that from the word 'go', this institution must clearly know that it is and continues to be so. It is known particularly for accountancy and accountancy-related activities.
Madam Speaker, our District Assemblies are struggling today because the accountants are not there to service them. Our Parliament, to all our Ministries, we do not have enough of those people who are called really 'chartered qualified accountants' in so many dimensions. In fact, there is a dirge of qualified personnel in that particular profession.
I would pray, and I would want it to be well defined in the law that we are going to pass, that this university will be a university of accountancy and accountancy-related- activities primarily.
Madam Speaker, the oil in Norway has got reputation for accountability, probity and in fact, the whole process of accountability in the modern world has got to do with accounting and computer- related, computer-based applied accounting. Unfortunately, we do not have it.
We would be very glad if they would be very conscious of this and establish accountancy-related computer-backed, computerised hi-tech accountancy propelled by ICT, then their mandate would be clear and everyday, they would be working and dreaming and visioning within the parameters of this particular mandate.
Madam Speaker, as a University of Professional Studies, we all know from medicine, to law, to architecture, to so many other professions, we want it to be clear; that is why We are expressing what we are expecting them to do. We are expecting them to be a professional institute, a university of excellence, specialising in accountancy-related activities, to ensure that there is specialisation in that particular area.
Madam Speaker, if they were to do this, they would serve this nation very well.
I thank you very much.