Page 13 - Issue226

ـه1442 ةرخآلا ىدامج 226 Forum 13
م2021 رياــني

ICAEW signs strategic partnership

with top Saudi University to

develop accountancy profession
in the Kingdom

ICAEW (the Institute of Chartered Accountants in England and and training, we can empower them with the practical skills and be available to them after graduation from PSU.
Wales) has signed a Memorandum of Understanding (MoU) with essential knowledge needed in today’s competitive business
Prince Sultan University (PSU), the first Private University in the world.” Media enquiries:
Kingdom of Saudi Arabia, to work together to raise professional Both parties will now explore opportunities to embed the ICAEW Zim Ugbana, Mojo PR, on +971 (0)52 699 9617 or email zim@
standards in the accountancy and finance sector in the Kingdom. CFAB into the PSU Bachelor of Science in Accounting syllabus, as mojo-me.com
In alignment with Saudi Vision 2030, the partnership will support well as explore the potential for PSU to become an ICAEW CFAB
the ongoing development of education curricula and vocational exam centre, making ICAEW exams more accessible to students About ICAEW
training programmes and promote higher standards within Saudi in the Kingdom. Chartered accountants are talented, ethical and committed
Arabia’s accountancy profession. Establishing a framework for both professionals. There are more than 1.8m chartered accountants
parties to recognise each other’s qualifications, the agreement Professor Mohammad Nurunnabi from PSU, said: and students around the world, and more than 186,500 of them
will also provide a fast track for PSU students to gain access to “We are proud to partner with ICAEW, a world-leading accountancy are members and students of ICAEW.
the ICAEW Certificate in Finance, Accounting and Business (CFAB), and finance organisation. This partnership aligns with our vision ICAEW promotes inclusivity, diversity and fairness. We attract
an internationally recognised certificate that teaches essential to provide the Middle East with quality education of the highest talented individuals and give them the skills and values they
knowledge in business, finance and accounting. international standard, and underscores our commitment to need to build resilient businesses, economies and societies while
The agreement between ICAEW and PSU was signed by Michael Saudization. Together we will ensure students in the Kingdom ensuring our planet’s resources are managed sustainably.
Armstrong FCA, ICAEW Regional Director, Middle East, Africa and have access to academic support and training that is consistent Founded in 1880, we have a long history of serving the public
South Asia and Professor Mohammad Nurunnabi, PSU. with global standards. We are the first program in the Middle East interest, and we continue to work with governments, regulators
to offer very market driven curricula and offer six certifications in and business leaders around the world. We are proud to be part
Commenting on the MoU signing, Michael Armstrong said: addition to a degree like IPSAS, IFRS, IA, Analytics, Taxation." of Chartered Accountants Worldwide, a global network of 750,000
“ICAEW's vision is a world of strong economies. Our partnership “The business landscape in the Kingdom and across the wider members across 190 countries, which promotes the expertise and
with PSU demonstrates our continued commitment to work closely Middle East continues to evolve, in part driven by economic skills of chartered accountants on a global basis.
with educational institutions in the region to steer economic diversification agendas, but also because of rapid digitalisation. We believe that chartered accountancy can be a force for positive
growth and develop the accountancy profession." We look forward to working with ICAEW to ensure education change. By sharing our insight, expertise and understanding, we
“The accountancy profession in Saudi Arabia has an important standards develop apace to strengthen the accounting and can help to create strong economies and a sustainable future for
role to play in achieving Vision 2030 and supporting sustainable finance profession in the region.” all.
economic growth. By providing Saudi nationals and residents ICAEW and PSU will also work to provide information to students www.charteredaccountantsworldwide.com
with access to ICAEW’s internationally recognised qualification about the accountancy qualifications and opportunities that may www.globalaccountingalliance.com

Dr. Nurunnabi, speaker in AASCB Global

Accreditation Conference 2020

Dr Mohammad Nurunnabi, State University discussed
CMA, FAIA(Acad), SFHEA, FRSA, best practices and answers
CMBE, the Aide to the President to questions such as: What
on Research, Ranking and do practitioners add to the
Internationalization, and Chair of visit and how to manage their
Department of Accounting was expectations? What areas
invited as a Speaker in “AACSB cause most of the issues? What
Global Accreditation Conference” happens once the team report is
held virtually on Thursday, submitted to the AAC?
September 24, 2020. The session was moderated
Dr Mohammad Nurunnabi was by Maria Baltar, Assistant
the only invited speaker from Vice President, Accreditation
Saudi Arabia and the Middles Operations and Implementation,
East. He discussed the trends and AACSB International (AACSB),
implications that have surfaced Tampa, Florida.
from the 2018 Accounting For more information, please
Accreditation Standards; and visit https://www.aacsb.edu/
How new Business Accreditation events/conference/2020/global-
Standards 2020 (effective accreditation-conference/agenda
from July 28, 2020) will impact
Accounting Standards 2018. Dr Mohammad Nurunnabi is also
In addition, the co-speaker of the Top 100 Most Active Member
the session – Professor Shawn and Platinum Most Active
Mauldin, Director, Mississippi Member in AACSB Exchabge