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Folami: Giving back to his profession and beyond

Professor of Accounting Lookman Buky Folami, Ph.D., shared why he’s a member of the Rhode Island Society of Certified Public Accountants (RISCPA) in a recent issue of What Counts, the society’s newsletter.

Folami, who teaches graduate courses in multinational accounting, is a prolific researcher and writer, publishing on a variety of topics including cash management, risk management, and job satisfaction.

“I love and am committed to the accounting profession."

“I love and am committed to the accounting profession,” says Folami in the newsletter.  

“The profession has done so much for me,” he continues. “It is only natural for me to become involved with RISCPA. I joined when I came to Rhode Island in 2006, but I have become even more active in recent years as my schedule permits.”

The column notes that Folami is also active in the National Association of Black Accountants and the Rhode Island Coalition Against Domestic Violence.

Folami credits his devotion to giving back to his father, who died when Folami was 13. A successful businessman in his native country of Nigeria, Folami remembers that his father was known for donating money and land to build churches, and for putting on large dinners for neighbors and the elderly.   

“I believe in giving back,” says Folami. “The opportunity to make a positive difference in somebody else’s life and my community is a sacred obligation. All of us enjoy what we have today because of the people that gave before us.”