The Association of Chartered Accountants
(ACCA) has signed a Memorandum of Understanding (MoU) with the
Islamabad Chamber of Commerce and Industry (ICCI).

The MoU, signed by ICCI president Yassar Sakhi
Butt and ACCA Pakistan’s head of public affairs Shamez Mukhi, is
intended to “promote the highest professional, ethical and
governance standards, advance the public interest and to support
the accounting profession and business community”.

Mukhi said that the ACCA was seeking “value
addition” to allow its members and business enterprises to “achieve
effective outputs and outcomes”, adding that the new agreement “may
prove to be a cornerstone for other similarly progressive

Butt expressed hopes that the government would
“ensure the development of a comprehensive ICT infrastructure” as
well as opening institutes throughout the country to train
entrepreneurs and promote the use of ICT in business.

He hailed the ACCA’s work on research and
insights “which would enable us to strengthen relationships with
the business community further”.