ArmInfo. A Memorandum of Understanding was signed between the Ministry of Finance of Armenia and the Association of Chartered Certified Accountants of the United Kingdom of Great Britain and Northern Ireland (ACCA) during a videoconference, which will allow more effective cooperation with the world-renowned professional organization in the areas of accounting and auditing related to professional development, as well as mutual recognition and improvement of qualification systems.
As reported by the press service of the RA Ministry of Finance, the signing of the document took place within the framework of the program of bilateral cooperation with the Ministry of Finance of the Russian Federation in 2020-2022, in connection with which the specialists of the Armenian financial department from Sep 14 to Sep 17 take part in meetings in Moscow entitled: "Modern trends in the use of integrated reporting ".
The British Association of Chartered Certified Accountants (ACCA) is a global association of financial, accounting and auditing professionals regulated by the Royal Charter. The Association is empowered by the Office of Qualifications and Examinations Regulation (Ofqual) to issue vocational qualifications. The association unites 208,000 members and 503,000 students in 178 countries. ACCA is headquartered in London with its main administrative office in Glasgow. ACCA operates through a network of more than 104 offices and centers in 52 countries - with 323 approved training partners (ALPs) and more than 7,300 approved employers around the world that provide employee development. It is a member of the International Federation of Accountants. In 2000, an ACCA representative office was opened in Moscow, Russia. In 2014, the ACCA representative office in Moscow was closed, and a representative office of 100% of the British subsidiary of ACC Russia Limited was opened in its place.
The ACCA curriculum has formed the basis for the United Nations global curriculum, the Guide to National Qualification Requirements for Professional Accountants.
