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August 20, 2015

News briefs: ACCA, CIPFA, AAOIFI

ACCA signs MoU with a Colombian university

The Association of Chartered Certified Accountants (ACCA) and the EAN University in Bogota has signed a Memorandum of Understanding (MoU) to develop the Colombian profession.

The MoU, effective January 2016, allows University EAN students to pursue a number of ACCA certifications while completing the university degree.

"The partnership", as termed by ACCA in a statement, aims also at working with other stakeholders, such as Colombian professionals looking to enhance their knowledge of international financial standards.

CIPFA partners with a Botswanan University

The Chartered Institute of Public Finance and Accountancy (CIPFA) and Botho University have become training partners in the field of international public financial management.

The partnership allows accountancy students in Botswana to achieve CIPFA’s IPSAS-based professional qualification and use the designatory letters CPFA (or Chartered Public Finance Accountant).

Botho University vice-chancellor Sheela Raja Ram said that Botswana has started adopting IPSAS, and therefore the partnership with CIPFA will help in the transition to adopt the international standards.

AAOIFI in search of technical boards’ members

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) is looking for candidates to join two of its technical bodies, the Shari’a Board and the Accounting and Auditing Standards Board.

The latter might be split in the future into two new technical boards: -An AAOIFI Accounting Board and -An AAOIFI Governance and Ethics Board.

Nominations are sought for candidates to join the following bodies, for a 4-year term commencing 2016:-the Shari’a Board, -the proposed Accounting Board and -the proposed Governance and Ethics Board.

The deadline to nominate candidates is 20 September 2015, after which AAOIFI will appoint the selected board members by the end of the year, following AAOIFI’s AGM and change its statutes to set up the new technical boards.

 

 

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