ACCA and the CGE, Consejo General Economistas Spain, sign a Memorandum of Understanding to encourage the mobility of professionals of accounting and finance at the international level

The agreement sees the promotion, development and preparation of joint training programmes with an international focus for accountancy and finance professionals with the aim of increasing the employment opportunities of professionals from both organisations.

ACCA (the Association of Chartered Certified Accountants) and the CGE (Consejo General Economistas Spain) have signed a Memorandum of Understanding (MOU) that establishes areas of cooperation between the two organisations.

The MOU will launch projects between the two organisations that will result in the professional development of their respective members, at the national and global level.

Soo Yee Leong, ACCA’s executive director – markets says: ‘Both organisations’ members are working in an increasingly globalised world, with the professional skills of accountants and economists in demand, especially for auditing, accounting, financial planning, tax compliance, restructuring and employment guidance. So we’re delighted to have signed this agreement and look forward to our ongoing work together.’

Valentín Pich, CGE’s Chairman adds: ‘As we manage the economic and financial impacts of Covid-19, there is a need for professional advice and counsel from accountants and economists, at national and international levels. Our MOU will help to meet this need and it also formalises our previous joint collaborations, aligning our work around a set of common professional interests reflected in this agreement.’

The MOU covers:

  • Promotion, development and preparation of joint training programmes for professionals in the field of accounting and financial areas, with an international focus;
  • Development of employment opportunities of professionals from both organisations;
  • The exploration and creation of joint professional and collaborative networks, promoting professional exchanges between organisations and their members;
  • Collaboration for research and conferences, alongside content on social networks to promote and raise awareness about the professional training of members;
  • Exploring reciprocal access to the respective professional accreditations of both organisations, with professional training offered to members to achieve mutual recognition of qualifications and possible exemptions.

In Spain, the profession is regulated by two organisations that certify Accountants and Auditors, the Instituto de Censores Jurados de Cuentas (ICJCE) and Registro de Economistas Auditores (REA) managed by Consejo General de Economistas (CGE). These two institutions regulate the profession under the guidelines of the Instituto Contabilidad y Auditoria de Cuentas (ICAC), which is supervised by the Ministry of Economy and Finance. ICAC has competence in everything related to accounting planning, standardisation and control of the accounting activity.

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For more information:

Consejo General Economistas Spain (CGE) - Press: Fernando Yraola (Tfno: 696 12 77 15); yraola@yraola.com

ACCA: Helen Thompson, ACCA Newsroom – helen.thompson@accaglobal.ccom

About GCE:.Consejo General Economistas Spain represents at the national and international levels all the profession of "Economistas" (Economists and Business Administration professionals with University Degree) and coordinates the "Colegios" (territorial professional organizations) within Spain, and orders and defends the professional practice of its members. Currently there are 55,000 members among the 47 existing "Colegios". At the international level, it participates in different economic and business organizations, among which are: Latin America and Latin America Integration Committee (CILEA); Federation of Mediterranean Accounting Experts (FCM); European Tax Confederation (CFE); European Federation of Accountants and Auditors for SMEs (EFAA), among others.

About ACCA: ACCA is the Association of Chartered Certified Accountants. We’re a thriving global community of 227,000 members and 544,000 future members based in 176 countries and regions that upholds the highest professional and ethical values.

We believe that accountancy is a cornerstone profession of society that supports both public and private sectors. That’s why we’re committed to the development of a strong global accountancy profession and the many benefits that this brings to society and individuals.

Since 1904 being a force for public good has been embedded in our purpose. And because we’re a not-for-profit organisation, we build a sustainable global profession by re-investing our surplus to deliver member value and develop the profession for the next generation.

Through our world leading ACCA Qualification, we offer everyone everywhere the opportunity to experience a rewarding career in accountancy, finance and management. And using our respected research, we lead the profession by answering today’s questions and preparing us for tomorrow. Find out more about us at accaglobal.com

"Both organisations’ members are working in an increasingly globalised world, with the professional skills of accountants and economists in demand, especially for auditing, accounting, financial planning, tax compliance, restructuring and employment guidance. So we’re delighted to have signed this agreement and look forward to our ongoing work together."

Soo Yee Leong, executive director - markets - ACCA

"As we manage the economic and financial impacts of Covid-19, there is a need for professional advice and counsel from accountants and economists, at national and international levels. Our MOU will help to meet this need and it also formalises our previous joint collaborations, aligning our work around a set of common professional interests reflected in this agreement."

Valentín Pich, Chairman - CGE