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2026

Accountants As Entrepreneurs? Unpacking The Paradox In Ghana’s Business Ecosystem

Osei Adjaye-Gyamfi: FCA, Samuel Koranteng Fianko: P.h.D, Frederick Agropah: CA

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Abstract

 

EXECUTIVE SUMMARY

Entrepreneurial Intentions Among Chartered Accountants in Ghana

Strategic Context

Entrepreneurship is central to Ghana’s economic structure, with MSMEs
dominating employment and GDP contribution. Within this environment,
Chartered Accountants possess distinctive financial, governance, and
advisory capabilities that position them strongly for enterprise
creation. Against a backdrop of automation, AI, and digital
transformation, this study provides the first systematic,
profession-wide analysis of entrepreneurship among CAs in Ghana.

Study Methodology

Quantitative cross-sectional survey

485 Respondents
600 Sample size
65% Hold Management Positions

Key Statistics

80.8%

Survey Response Rate
39%

Public Sector Accountants
4.09/5

Average Entrepreneurial Intention Score
93%

Would Start Business Given Right Opportunity

Critical Finding

This study challenges traditional perceptions of accountants as
inherently risk-averse. Results reveal exceptionally high
entrepreneurial aspirations with minimal conflict between professional
identity and entrepreneurship.