– ACCA will share with CITN on areas of Research findings on Accounting, tax, corporate governance and ethics
– ACCA would also invite CITN leadership team to ACCA Continuing Professional Development (CPDs) events at no cost and offer discounts for ACCA paid CPDs where available.
The Chartered Institute Taxation (CITN) and Association of Chartered Certified Accountants (ACCA) signed a Memorandum of Understanding (MOU) that would allow the two bodies work in together to move the accountancy and tax profession forward in Nigeria.
Cyril Ikemefuna Ede, President of CITN informed at the ceremony that the MOU would allow the bodies work together in enabling mutual cooperation that would assist in the development of Accounting and taxation in Nigeria
He said further:
” The MOU will commence and be effective when it is signed by the last party on the agreement. It may be amended upon the mutual written agreement of the parties. The term of this MOU will be five years from the date of execution, save that it may be terminated at any time before the expiry of the five year term.”
ACCA would also invite CITN leadership team to ACCA Continuing Professional Development (CPDs) events at no cost and offer discounts for ACCA paid CPDs where available.
He added that both parties would explore other potential areas where cooperation would be beneficial to members and student of both bodies.The Director Sub-Saharan ACCA, Jameel Ampomah explained that the role of the professional has never been more exciting and challenging, adding that there was need for the professionals to stay ahead of trends in the global economic and business landscape, which is changing at a speed.
“The ultimate aim of our partnership is to develop the profession and build on strong foundations created by both bodies. ACCA is excited by the potential of working with the CITN, and we look forward to a long, happy and productive partnership.”