The Association of Chartered Certified Accountants (ACCA) and MSI Global Alliance (MSI) have renewed their memorandum of understanding (MoU), continuing a partnership first established in 2018.

The new agreement was signed by MSI Global Alliance interim CEO Pauline Javani and ACCA Asia Pacific director Pulkit Abrol.

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The renewed agreement will support MSI firms in attracting, retaining and developing talent.

Accountancy practices within MSI’s network will also have access to the ACCA Qualification, alongside the body’s broader learning portfolio and continuing professional development programmes.

Additionally, firms will be provided with guidance materials and toolkits intended to assist business growth.

Pauline Javani said: “Our member firms are navigating an increasingly competitive talent market while also dealing with evolving client expectations and regulatory changes.

“ACCA’s qualifications and resources will provide our members with additional, practical support.

“Our partnership also creates a platform for members to share multidisciplinary perspectives and engage in meaningful dialogues on the challenges and opportunities facing the professional services sector.”

Beyond training resources, the two organisations plan to collaborate on thought leadership initiatives and speaking engagements across designated target markets.

The partnership will draw on perspectives from the legal and accounting professions to help member firms respond to regulatory developments, changing client expectations, and future workforce needs.

ACCA Asia Pacific director Pulkit Abrol said: “We are pleased to renew our partnership with MSI Global Alliance. MSI’s model of independent firms working together across more than 100 countries is strengthened by people who can work to a common standard wherever they are located.

“Since 2018, our partnership has supported that through shared resources and training for MSI member firms. As client work becomes more cross-border and the regulatory picture more complex, the firms that do well will be the ones investing in their people now.”