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New research initiatives announced

26 Jan 2009

ACCA and the International Association for Accounting Education and Research (IAAER) have signed a collaborative agreement to work together over the next three years to promote detailed research that will help to inform and influence the development of accounting and auditing standards.

The two leading global bodies will work together on high-level research initiatives that will contribute towards the debate on developing world-class standards of accounting practice - with a focus on encouraging research in the emerging economies.

ACCA and IAAER, which have previously collaborated on a number of successful projects, will be calling for research studies relating to standard-setters and organising research roundtable meetings.

Both bodies are committed to providing support to developing economies, and will be looking to promote academic research in those countries by running workshops and a mentoring programme for emerging scholars.

'ACCA is excited about the prospect of working with IAAER even more closely over the next three years, particularly in terms of encouraging and supporting research in the transitional economies,' said Helen Brand, ACCA chief executive. 'With the next wave of globalisation and the increasing influence of new markets, our two organisations are committed to supporting the highest levels of research in emerging economies to ensure standards reflect the new realities and needs of global trade.'

Professor Donna Street, IAAER president, said: 'We are delighted to have signed this memorandum of understanding with ACCA, which formalises our agreement to jointly sponsor an important series of projects reflecting both organisations' strong commitment to accounting education and research.

'The memorandum enables IAAER to, in partnership with ACCA, go forward with priority projects aimed at encouraging and supporting policy-relevant research and building the research skills and capacity of junior scholars based in emerging countries.'