ACCA works in partnership with governments, international agencies and professional bodies to develop the global accountancy profession and to advance the public interest. We aim to create a transparent, global profession to build credibility in financial systems, attract inward investment and contribute to economic development.
ACCA offers guidance and transfer of expertise to assist its partners in developing nations to build capacity and improve standards. The areas covered include:
- establishment of professional accountancy bodies, including the drafting of legislation, constitution and bye-laws; establishing governance and staffing structures; and strategic planning
- regulation and professional standards, including developing regulatory frameworks for ethics, practice monitoring, investigation and discipline
- education and certification, including qualifications, continuing professional development and training of trainers
- adoption and implementation of the International Federation of Accountants (IFAC) Statements of Membership Obligations (SMOs).
ACCA has over 70 formal accountancy partnerships globally, covering practice monitoring, support on continuing professional development policy, the adoption of International Financial Reporting Standards (IFRS) and 18 joint examination schemes. In addition, ACCA has worked on over 40 capacity-building consultancy projects in countries including the Czech Republic, Sierra Leone, Russia and Vietnam.