MOU Signing Ceremony between PIPFA & ACCA
06 Apr 2015
PIPFA has achieved another milestone by signing a MOU with ACCA. PIPFA and ACCA signed the Memorandum of Understanding (MOU) to advance bilateral collaboration on professional education and training. The MOU signifies the promotion of exchanges in knowledge and skills of both members and students, cultivating students for international exposure and vision, as well as inculcating understanding of the education systems and working environment of both PIPFA & ACCA.
The Honorable Mohammad Maqbool, President PIPFA, and Mr. Sajjeed Aslam, Head of ACCA Pakistan, signed a Memorandum of Understanding on Educational Collaboration between ACCA & PIPFA. This took place in Lahore on 6 April 2015.
The MOU commits both entities to collaborate in delivering professional development activities. Both organizations share a common interest in enhancing the skills and experience.
Key highlights of MOU:
• ACCA will increase exemptions available to PIPFA graduates and members from two (2) exemptions (F2,F3) to five (5) exemptions (F2, F3, F4, F5 &F7)
• ACCA shall provide opportunities and financial incentives to graduates/members of PIPFA to study for the ACCA qualification. PIPFA graduates/members will be given a waiver from year 1 annual subscription and exemption fee upon joining the ACCA Professional qualification. However, they will be required to pay the initial registration fee. This offer is valid for PIPFA graduates/members from 1 April 2015 till 15 August 2015.
Closer collaboration in education and bench-marking studies will help both institutes deepen our understanding of best practices in professional education.