ACCA signs MoU with ICAI to develop and support the accountancy

Mumbai: A new agreement signed today by ACCA (the Association of Chartered Certified Accountants) and The Institute of Cost Accountants of India (ICAI) will see them work in partnership to develop the business and finance profession in India.
The two leading professional bodies have signed a Memorandum of Understanding (MOU) which will promote the highest standards of professionalism and ethics, with both organizations agreeing to co-operate in professional training, education and examinations.

This MOU will see ICAI and ACCA working jointly to ensure recognition of prior learning by both organizations, so that members of each body will be exempted from sitting certain papers offered by each.

ICAI and ACCA have also agreed to work together on continuing professional development (CPD) which is seen by both bodies as a key requirement of professionalism in a dynamic and demanding business environment.

ACCA Chief Executive Helen Brand OBE, who signed the MoU on behalf of ACCA, said: "ACCA was the first professional accountancy body to incorporate International Financial Reporting Standards (IFRS) into our qualification nearly 20 years ago, and like ICAI we have long championed the importance of global standards. So we are delighted to be working with ICAI to enable more finance professionals to have access to qualifications and CPD which will equip them to guide businesses through the new developments, including global standards.

"The ultimate aim of our partnership is to develop the accountancy and finance profession and build on strong foundations created by both bodies. ACCA is excited by the potential of working with the ICAI, and we look forward to a long, happy and productive partnership."

AS Durga Prasad, President, Institute of Cost Accountants of India said that the MoU will enable the CMA profession to strengthen the global collaboration with financial accounting bodies. The globally recognized competency of ACCA, in adopting and implementing IFRS framework, combined with the Cost and Management competency advocated by the ICAI-CMA, will deliver the cutting edge skills for the finance professionals in the current business environment.
zyprexa smelt zyprexa label fda zyprexa half life
esomeprazol 10 mg sobres esomeprazol 20 mg sandoz esomeprazol 20 mg
More News
HTET 2018 Online Registration Begins @ Htetonline.com, Apply Now
Board of School Education, Haryana has begun the registration for HTET 2018 on the official website of the exam, htetonline.com. Haryana Teacher Eligibility Test or HTET 2018 examinations will be held on January 5 and January 6 next year. T...
CTET 2018 Admit Card Expected Soon @ Ctet.nic.in, Check Details Here
The CTET 2018 admit card will be released on the official website of the exam soon. According to reports, the Central Teacher Eligibility Test (CTET) 2018 admit card will be released in this month for the examinations scheduled to be held o...
MHT CET 2019 Exam To Be Online; Syllabus, Marking Scheme Details Here
MHT CET 2019 will be conducted in online mode for the first time in 2019. State Common Entrance Test Cell, Maharashtra has released the syllabus and marking scheme for the Computer Based Test (CBT) MHTCET 2019-20. The State Entrance Cell is yet to re...
CBSE Board Exam 2019: Class 10 Sanskrit Exam Pattern, Marking Scheme
CBSE Board Exams for class 10 will begin in the latter half of February. The board will begin the examinations with Vocational subjects first. The board exams will be wrapped up earlier in 2019 and consequently the board exam result will also be anno...
IIM Calcutta Honours Alumni Achievers At 58th Foundation Day
IIM Calcutta, one of the premier B-Schools in India and the first IIM to be set up in 1961, today celebrated its 58th Foundation Day at the institute's campus in Joka, Kolkata. The event was well attended by students, faculty and was a fitting tribut...
IGNOU B.Ed. Admission 2019: Online Registration Closes Soon, Apply Now
IGNOU or Indira Gandhi National Open University will be closing the online application process for admission to B.Ed. programme soon. The Bachelor of Education or B.Ed online application process for admission to the course offered through an entrance...
AIIMS MBBS 2019: Two Stage Registration Process To Begin Soon, Check Details Here
All India Institute of Medical Sciences (AIIMS), New Delhi has proposed to Initiate Online Registration of applicants well in advance this year for AIIMS MBBS entrance examination. As it has been found from the past experiences, a majority of applica...
CBSE Board Exam 2019: Class 10 English Communicative Exam Pattern, Marking Scheme
CBSE will conduct board exams for class 10 students in February and March 2019. With the board exams only a couple months away, students have begun to prepare for the D-day. It is imperative to look at the marking scheme and exam pattern to better st...
CBSE Class 10 Science Sample Question Paper, Marking Scheme; Check Here
CBSE or Central Board of Secondary Education has recently uploaded the Class 10 sample question papers and marking scheme for the annual examinations scheduled to be held in March next year on the official website of the Board. There is an ...
AIIMS PG Admit Card 2019 Released @ Aiimsexams.org, Here's How to download
Admit Card for AIIMS PG January 2019 Session has been uploaded on the official exam website of AIIMS. The candidates may download their AIIMS PG admit card after logging into the official website, aiimsexams.org. To download the admit from ...