Beyond the ledger: Accounting scholarship helps Debra-Kay and Shaneica to shine
IN the dynamic field of accounting, where success is grounded in exacting precision, two remarkable stories are unfolding — those of Debra-Kay Brown and Shaneica Spence, two young women who have overcome considerable odds and have now won the admiration and support of industry leaders.
Aged 25 and 31, the dynamic duo recently received the prestigious 2023 Kenneth Chung Memorial Scholarship and a grant, respectively, from renowned chartered accountant and former ICAJ President Dennis Chung and his family. The scholarship and grant, awarded in honour of the late patriarch Kenneth Chung, an accomplished accountant, mark a significant achievement for both recipients.
Spence describes the scholarship as more than a financial investment; it is a recognition of hard work, and an encouragement to reach even greater heights.
“Beyond the tangible benefits, this scholarship is a vote of confidence that reinforces my belief in the value of education and hard work. It propels me forward with a renewed sense of purpose, knowing that my academic and professional pursuits are supported by a community that recognises and encourages dedication and achievement,” she said at the scholarship award ceremony in December.
The scholarship, which is now in its fourth year, is administered in partnership with the Institute of Chartered Accountants of Jamaica (ICAJ). Valued at $250,000, it is tenable at the UWI, Mona School of Business and Management and is available to second-year candidates pursuing the Master of Science in Accounting.
Usually, a single award is made, but so impressed were the donors with the field of candidates this year that they decided to make two awards, one from the scholarship fund, and the grant from personal funds.
And it’s little wonder, for as both young ladies recount, for them education is more than a mere academic endeavour; it stands as a beacon of hope and a testament to the transformative power of knowledge.
Despite their different backgrounds — Brown from the tight-knit community of Old Harbour Bay, St Catherine, and Spence from the scenic New Works in Westmoreland — their journeys converge on that shared ethos. They also both deeply value the sacrifices of their mothers in particular and firmly believe in giving back to their communities and being sources of inspiration for others.
Reflecting on her upbringing as the second of three daughters, Brown recounted her parents’ struggle to provide for the family. Her mother, upon learning of her pregnancy with Debra-Kay, halted her own studies in practical nursing to work as a household helper. Despite limited resources, both her parents prioritised education for their children.
“I grew up with a great sense of humility and a strong desire to uplift my family and self by taking a serious focus on the road of education and this was even much more strengthened due to a tragic incident that occurred in the tender years of my elder sister that changed her future. Thus, my family instilled in me the values of self-motivation, persistence, and the value of people and not things,” Brown shared.
Speaking of her own upbringing, Spence described her mother’s determination and tireless work ethic as beacons of inspiration. Her mother demonstrated the significance of embracing challenges as opportunities for growth and instilled in her a tenacity to overcome obstacles.
“My mother, recognising the importance of education, emphasised the pursuit of academic excellence as a means to break through socio-economic barriers. This ethos has become a driving force in my life, propelling me to seek out opportunities for intellectual growth and self-improvement,” she said.
“In essence, my humble upbringing has become the bedrock upon which I build my aspirations. It has shaped my character, instilled in me a sense of purpose, and provided me with a profound appreciation for the values that guide my journey.”
Spence also shared that her love for accounting stemmed from wanting to improve her financial literacy, stating, “growing up in a humble environment, I witnessed first-hand the impact of financial decisions on our daily lives. This sparked a keen interest in financial management and accountability. I saw accounting not just as a profession but as a powerful tool for informed decision-making and resource optimisation.”
Notwithstanding their humble beginnings, these young women have been able to overcome their personal struggles in order to achieve success.
Brown recounts her high school experience as particularly challenging, noting that she often missed school two to three times a week due to lack of funds for transportation and lunch. Despite these obstacles, she excelled academically, consistently ranking in the top 10 of her class at The Queen’s School.
“I remember studying my timetable for school and telling my mom the days when I had the last class for that particular subject. I explained how it would be beneficial for me to attend, even if she could only provide bus fare, so I could gather notes from the other sessions I missed during the week,” she said.
Fortunately for Brown, her academic prowess afforded her opportunities for financial aid such as grants and scholarships. She says she is not phased by her difficult past, but hopes to inspire others to overcome, especially those from her community, which is haunted by the unfortunate saying, ‘Nothing good comes from Bay but the fish’.
“Young girls and boys who have been affected by the stigma, negative culture, and humble beginnings can look to persons like myself as role models. They can hold their heads high, knowing that they too can become exceptional individuals, regardless of their origins, family backgrounds, or the mental barriers they face. Together, we aim to elevate the overall standard of our community to a higher level,” the young woman asserted.
She currently works with several groups within Old Harbour, including the Community Development Association, the Community Emergency Response Team, and the Old Harbour Bay Development Association.
Spence is of a similar mindset, highlighting the importance of being a positive community influence. She notes that being a mom has reinforced her drive to uplift her neighbourhood.
“Being a mom adds another layer to my story, demonstrating that challenges can be overcome with resilience and determination. I strive to show those around me that pursuing education and career goals is not limited by one’s background or circumstances,” she shared.
She continued: “By actively engaging in education, professional development, and community service, I aim to inspire others to pursue their aspirations, break barriers, and contribute meaningfully to their communities.”
Once they’ve completed the Master of Science in Accounting, Brown aims to become a chartered accountant, while Spence, currently a senior accountant, will be working to attain the professional designation of certified public accountant.