All through March and April, the Vietnam Affiliation of Accredited Community Accountants (VACPA) and a variety of universities signed cooperation agreements to give the Intercontinental Fiscal Reporting Coordination Certification (IFRS) system to learners majoring in Finance and Accounting.
On April 8, the Affiliation of Chartered Certified Accountants (ACCA) signed a cooperation arrangement with Ba Ria-Vung Tau College (BVU).
This is not the to start with these kinds of settlement, and far more are planned for the near long term.
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| The signing ceremony concerning ACCA and BVU is a person of a number of to supply the IFRS course |
The IFRS is remaining used virtually completely in more than 100 nations around the world around the globe, which include some international locations in Southeast Asia.
With a solid community of associates and companions, the ACCA and the VACPA realise their roles in shaping the advancement of the accounting and auditing profession and supporting the implementation of intercontinental requirements.
The ACCA-VACPA Joint Certificate in Intercontinental Fiscal Reporting proves a swift, price tag-successful, and effective remedy to fulfill the requires of the country.
At the occasion, Graham Stuart, British primary minister’s trade envoy to Vietnam, Cambodia and Laos, shared, “The MoU signing function right here at the BVU now further demonstrates the likely and hunger for more Uk bigger training in Vietnam. The ACCA is dedicated to enhancing better instruction options, which include increasing global instruction partnerships with organisations such as the BVU. I am confident that these partnerships will be of immense benefit to Vietnamese students in the long term.”
He hoped that the ACCA’s cooperation with the VACPA and various universities would be an essential move in the cooperation marriage between Vietnam and the United kingdom, opening up new alternatives and bringing simple positive aspects to firms in the long term. He feels that this is also a person of the priorities to be promoted in the coming years, connecting organizations and organisations in the two nations in spots the place the British isles has strengths and Vietnam has terrific opportunity for advancement.
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| Graham Stuart commenting on the lengthy-term benefits of cooperation |
The ACCA is the to start with main skilled affiliation to use IFRS as a system for examinations and to take part absolutely in the believed process and debates when updated criteria are issued. ACCA members are demanded to update IFRSs as element of an once-a-year specialist update programme.
With the gain of a world-wide community, the ACCA also has the ability to assist condition administration businesses, expert associations, and stakeholders in the software of IFRS. The curriculum of the IFRS has a very clear construction and is college student-pleasant, made up of examination and practical scenario exercise routines.
Nguyen Thuy Minh Chau, ACCA agent in Vietnam explained, “We believe that that operating with universities to integrate the training course is a sizeable step ahead, actively selling the development of the accounting and auditing marketplace in the nation.”
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| The partnership concerning the ACCA and the BVU marks an significant milestone in marketing global expectations in the accounting and auditing field in Vietnam |
Tran Khanh Lam, vice president and typical secretary of the VACPA shared, “With the want to help accounting and auditing lecturers and students, VACPA is incredibly delighted to accompany ACCA and the universities offer the certification. It will make the schooling programmes in finance and accounting extra beautiful to college students and will help to enhance the situation and status of the college in the eyes of auditing and finance professionals.”
The coaching programme has several-alternative tests in every module for pupils to verify their expertise and get ready for the certification exam. The design that brings together on the web and classroom mastering will handle the English language barrier and the sophisticated content material of IFRS.
Nguyen Thi Hoai Phuong, acting rector of the BVU mentioned, “The application of IFRS is starting to be an unavoidable trend. This has opened up options for job growth and motivated lots of college students. We generally strive to innovate and are content to cooperate with capable organisations this sort of as ACCA and VACPA to implement global instruction methods in get to meet up with the useful demands of the new period.”