The Association of Chartered Certified Accountants (ACCA) UK and Generation CFO, a forum for CFOs and finance professionals, have signed a Memorandum of Understanding (MoU) to support each other’s members in their roles as finance professionals.

The MoU aims to offer members access to each organisations thought leadership, contacts and events, as well as being connected as part of a community of finance professionals.

The agreement formalises an existing relationship that started in May for a virtual summit with Accountex and Practice Ignition.

ACCA UK head Claire Bennison said: “Generation CFO brings together the new world of digital and the new class of modern accounting and finance into one collaborative group. In these challenging times and beyond, the opportunity to build our connections and community is all the more important, so we’re delighted to be working with them through this MOU and look forward to our future collaborations together.”

Generation CFO founder Chris Argent said: “In the coming months, we’ll be delivering a plan of activities to help us all to share insights and new ideas. We are also developing an award, so watch this space for more information about this project which will champion and recognise the exceptional work that finance professionals are doing at this time. We’re thrilled to be cementing our relationship with ACCA UK, connecting UK members with our community of 70,000 people. Both our memberships will benefit greatly.”