At a press briefing dedicated to the Program improving fundamental accounting and management skills Financial (FASE) held on 12 February, Amadou Arame DIAGNE, Vice President of The National Order of Chartered Accountants and Chartered Accountants of Senegal has announced that the country has more than 400,000 businesses, but only 300 chartered accountants and fifteen chartered accountants to structure and advise this economic fabric.

If the number of businesses seems large, the Vice President wanted to recall the preponderant weight of the informal sector in the national economy. “97% of these businesses are in the sector informal,” he said, stressing the immense work of formalization who is waiting for the country.

For him, the low headcount of the The accounting profession is a major obstacle to this transition. He insisted on the need to strengthen human resources to support the very small, small and medium-sized enterprises (SMEs) towards legality and growth.

According to him, “for arrive at the formalization of this sector and so that this sector can To catalyze an economy, well-trained accounting technicians would be needed who can support SMEs towards formalization and development”.