Major boost for finance and accounting students

On April 8, the Affiliation of Chartered Certified Accountants (ACCA) signed a cooperation settlement with Ba Ria-Vung Tau University (BVU).

This is not the very first such settlement, and extra are planned for the around long term.

The signing ceremony concerning ACCA and BVU is one of quite a few to supply the IFRS class

The IFRS is being used practically fully in more than 100 countries around the world, such as some nations around the world in Southeast Asia.

With a sturdy community of members and associates, the ACCA and the VACPA realise their roles in shaping the progress of the accounting and auditing occupation and supporting the implementation of worldwide criteria.

The ACCA-VACPA Joint Certificate in Intercontinental Monetary Reporting proves a brief, price-effective, and efficient resolution to meet the wants of the country.

At the occasion, Graham Stuart, British prime minister’s trade envoy to Vietnam, Cambodia and Laos, shared, “The MoU signing occasion in this article at the BVU nowadays additional demonstrates the opportunity and appetite for much more Uk higher instruction in Vietnam. The ACCA is fully commited to improving greater education alternatives, which include increasing intercontinental schooling partnerships with organisations this kind of as the BVU. I am self-assured that these partnerships will be of enormous advantage to Vietnamese college students in the long term.”

He hoped that the ACCA’s cooperation with the VACPA and quite a few universities would be an significant move in the cooperation romance amongst Vietnam and the Uk, opening up new options and bringing sensible added benefits to enterprises in the upcoming. He feels that this is also one particular of the priorities to be promoted in the coming yrs, connecting businesses and organisations in the two nations in locations exactly where the British isles has strengths and Vietnam has fantastic probable for improvement.

Graham Stuart commenting on the extended-term advantages of cooperation

The ACCA is the first key expert affiliation to use IFRS as a platform for exams and to take part completely in the imagined course of action and debates when up to date specifications are issued. ACCA users are needed to update IFRSs as portion of an yearly skilled update programme.

With the edge of a world community, the ACCA also has the ability to support point out management organizations, expert associations, and stakeholders in the application of IFRS. The curriculum of the IFRS has a apparent framework and is university student-welcoming, containing assessment and sensible situation workout routines.

Nguyen Thuy Minh Chau, ACCA representative in Vietnam stated, “We feel that functioning with universities to combine the course is a sizeable stage forward, actively advertising and marketing the advancement of the accounting and auditing industry in the region.”

The partnership amongst the ACCA and the BVU marks an essential milestone in advertising international criteria in the accounting and auditing sector in Vietnam

Tran Khanh Lam, vice president and common secretary of the VACPA shared, “With the drive to support accounting and auditing instructors and pupils, VACPA is really happy to accompany ACCA and the universities offer you the certificate. It helps make the instruction programmes in finance and accounting much more desirable to learners and aids to improve the position and prestige of the college in the eyes of auditing and finance experts.”

The teaching programme has several-preference tests in just about every module for college students to look at their knowledge and prepare for the certification test. The design that brings together on line and classroom finding out will handle the English language barrier and the sophisticated information of IFRS.

Nguyen Thi Hoai Phuong, acting rector of the BVU stated, “The software of IFRS is getting to be an inevitable pattern. This has opened up prospects for occupation growth and determined several college students. We always try to innovate and are joyful to cooperate with able organisations these types of as ACCA and VACPA to apply worldwide teaching techniques in purchase to fulfill the simple prerequisites of the new period.”