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ICAEW strengthens Middle East partnerships

The Institute of Chartered Accountants in England and Wales (ICAEW) has formed closer ties with a Middle East and North Africa corporate governance institute and a UAE university.

The ICAEW signed a memorandum of understanding (MoU) with corporate governance institute Hawkamah. The two institutes hope the partnership will help increase awareness about the importance of developing and applying good corporate governance practices in the Middle East and North Africa region.

The MoU is intended to encourage greater transparency and disclosure, high quality financial reporting, and the establishment of effective insolvency regimes.

The ICAEW has been heavily involved in public policy work regarding insolvency in the UAE recently (see ICAEW works on UAE insolvency overhaul).

The ICAEW and Hawkamah also hope the MoU will help their work towards assisting businesses develop the skills required to comply with the recently-implemented UAE Corporate Governance Code.

The ICAEW contributed to the development of both the current and previous versions of the UK Corporate Governance Code.

 

Zayed University to offer ICAEW certificate

Zayed University’s Institute for Community Engagement (ICE) has become an ICAEW partner in learning. The ICE is the arm of the university that provides outreach to the wider community, supporting economic and social development of the UAE.

The ICE will offer ICAEW’s Certificate in Finance, Accounting and Business (CFAB) to its corporate clients.

 

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