ACCA - The global body for professional accountants

Memorandum of Understanding benefits ACCA members

ACCA (the Association of Chartered Certified Accountants) and ACT (the Association of Corporate Treasurers) have today signed a Memorandum of Understanding – for a period of three years – extending the existing mutual co-operation between these two organisations to benefit ACCA’s global membership.

The agreement was signed at ACT’s annual conference in Liverpool, United Kingdom.

This new MoU will see ACCA and ACT working together internationally to promote the AMCT Diploma (Associate Member of the Association of Corporate Treasurers) to ACCA’s global 147,000-strong membership.  It comes at a time when ACT student numbers have grown by over 60 per cent since April 2008 to reach 2,400.

The agreement enables ACCA members worldwide to access the fast-track exemption programme to gain the ACT’s AMCT Diploma in Treasury, which is the benchmark of technical treasury competency.  The agreement also enables ACCA members wishing to take the Certificate in International Treasury Management (CertITM) to benefit from a reduced course fee, whether taking CertITM as part of AMCT or independently.

Neil Stevenson, ACCA executive director – brand, says: “This Memorandum of Understanding signed with ACT, a leading professional body for international treasury, is a great opportunity for our members around the world seeking to enhance their skills and knowledge. By working together, ACCA and ACT will promote the benefits that professionals bring to the effective management of the organisations in which they work, especially those with complex financial arrangements.

“ACCA believes that collaboration with other bodies which share our values and global outlook is beneficial to the strengthening of our respective members and the global accountancy and finance professions a whole.”

Stuart Siddall, ACT Chief Executive, added: “Working with ACCA, the global body for professional accountants, is very important for us.  It extends our international reach and it brings genuine mutual and practical benefits to our respective members.”

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For further information, please contact:

Nick Cosgrove, ACCA Newsroom
+44 (0)20 7059 5989
+44 (0)7963 496144
nick.cosgrove@accaglobal.com

Helen Thompson, ACCA Newsroom
+44 (0)20 7059 5759
+44 (0)7725 498654
helen.thompson@accaglobal.com

Notes to Editors

    • ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. We aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.
    • ACT (the Association of Corporate Treasurers) is the leading professional body for international treasury providing the widest scope of benchmark qualifications for those working in treasury, risk and corporate finance. We define standards, promote best practice and support continuing professional development. We are the voice of corporate treasury representing the interests of our members.
    • The AMCT Diploma fast-track exemption programme provides automatic exemption from AMCT Stage 1 Certificate in Financial Fundamentals for Business, as ACT recognises that the ACCA Qualification holds equivalent content.
Under the agreement, ACCA members will benefit from a reduced course fee for CertITM, the compulsory stage 2 AMCT module, which is also available as an individual certificate