ISIA strengthens role in promoting transparency and financial integrity

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BY NED GAGAHE

The Institute of Solomon Islands Accountants (ISIA) has reaffirmed its commitment to championing good governance, sound financial management, and accountability across both the public and private sectors.

In his keynote speech during the recent ISIA Gala Dinner and Inaugural Accounting Awards, ISIA President Johnson Lobo outlined the Institute’s vision to become a stronger advocate for transparency and financial integrity in the Solomon Islands.

Speaking to a packed room of professionals, stakeholders, and government representatives, Lobo said the accounting profession plays a vital role in the country’s economic and social sustainability.

“It is not just about the technical expertise of accountants. It’s about how we use that expertise to make necessary changes in our communities and in society. That is where real impact lies,” Lobo said.

He expressed that ISIA will continue to push for higher standards and accountability mechanisms, particularly in a time when financial mismanagement and weak governance systems remain key challenges in national development.

Lobo described the 2025 ISIA Congress as a timely platform for dialogue, reflection, and learning, and urged members to carry forward the insights gained to drive change in their workplaces and communities.

“We must move from our comfort zones, challenge ourselves, and think outside the box. The principles of accounting are not just for businesses — they are essential tools for nation-building,” he added.

During the event, Lobo highlighted ISIA’s next steps, which include a greater focus on policy advocacy, continued professional development, and stronger collaborations with development partners and key institutions.

The announcement comes as ISIA launched its Inaugural Accounting Awards 2025, a milestone event aimed at recognising leadership, integrity, and service within the profession. The awards, proudly sponsored by the Development Bank of Solomon Islands (DBSI), puts the spotlight on individuals who have made significant contributions to the accounting sector.

President Lobo acknowledged the growing importance of ethical leadership in financial practices and said that ISIA is committed to cultivating a culture of responsibility and transparency at all levels.

“By ensuring transparency and accuracy in financial records and promoting accountability, we restore faith in leadership and build public trust,” he said.

The event also saw appreciation extended to long-time development partners, particularly the Government of Australia, for their continued support in strengthening ISIA’s institutional capacity and professional programs.

Lobo reminded members that the work of nation-building continues — and the accounting profession must lead by example.

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