The Cayman Islands Institute of Professional Accountants (CIIPA) and ACCA (the Association of Chartered Certified Accountants) commit to working together to further the profession in the Cayman Islands.
The two organisations recently signed a memorandum of understanding, formalising this commitment. Specific areas of focus include collaborating on professional development, supporting Public Financial Management, and promoting the profession to Cayman’s youth.
The MOU was signed by CIIPA President Chris Gauk and Head of ACCA Caribbean, Shelly-Ann Mohammed who is currently in the Cayman Islands meeting with key stakeholders. Mr. Gauk noted, “During our AGM last month, we spoke about the importance of collaborating with other institutes, and this goes to show we are committed to developing these types of relationships.”
Head of ACCA Caribbean, Shelly-Ann Mohammed says that ACCA is incredibly excited to partner with CIIPA to build capacity within the accounting and auditing professions both in the private and public sector. “We look forward to joint initiatives that will help to grow the national economy and support compliance with national and global standards and ethical practices. ACCA’s unique footprint of 104 offices around the world provides ACCA staff with access to a wealth of global resources and thought leadership with which to support national stakeholders and partners. We believe that this is the start of an invaluable partnership.”
CIIPA CEO, Sheree Ebanks says she is looking forward to working together, “This provides us with a great opportunity to tap into the ACCA’s vast resources particularly related to education and training,” adding, “This is CIIPA’s second MOU with a global professional body, and we’re pleased to be able to continue to build on our international relationships for the benefit of the entire profession.”
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Vanessa Hansen, Head of Operations & Communications, CIIPA
345-749-3364 | Vanessa.Hansen@ciipa.ky
Lesley John, Marketing and Media Relations Manager, ACCA
868-686-7130 | Lesley.John@accaglobal.com
Notes to Editors
ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants, offering 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.
ACCA supports its 208,000 members and 503,000 students in 179 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 104 offices and centres and more than 7,300 Approved Employers worldwide, who provide high standards of employee learning and development. Through its public interest remit, ACCA promotes appropriate regulation of accounting and conducts relevant research to ensure accountancy continues to grow in reputation and influence.
ACCA has introduced major innovations to its flagship qualification to ensure its members and future members continue to be the most valued, up to date and sought-after accountancy professionals globally.
Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability.
CIIPA was formed in the Cayman Islands in 1970. The organisation’s mission is to further the public interest through the regulation of the accounting profession, promoting the highest standards of professional and ethical conduct. In 2013 CISPA became a full member of the International Federation of Accountants (IFAC), the worldwide organisation representing the profession. A not-for-profit organisation, it prides itself on its role as both an educator and regulator in the financial services industry.