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Institute Of Cost Accountants Of India Signs MoU With The ACCA, United Kingdom

Memorandum of Understanding (MoU) between the Institute of Cost Accountants of India and the Association of Chartered Certified Accountants, United Kingdom (ACCA, UK)

The Institute of Cost Accountants of India and The Association of Chartered Certified Accountants (ACCA), UK signed a Memorandum of Understanding on 9th August 2021 to work together towards co-operation in respect of professional training, education and examinations. The MoU was signed by CMA Biswarup Basu, President of the Institute and Helen Brand, Chief Executive, ACCA.

The Union Cabinet, chaired by Hon’ble Prime Minister Shri Narendra Modi, has approved the signing of the Memorandum of Understanding (MoU) between the Institute of Cost Accountants of India and the Association of Chartered Certified Accountants, United Kingdom, (ACCA, UK) on 8th July 2021.

Following the understanding, members of both the Institutes will be allowed mutual advanced entry through exemptions from appearing majority of papers to acquire the qualification of the other Professional Body. Both the Institutes have also agreed to offer jointly organised and co-branded continuing professional development (CPD) courses, workshops and conferences. The two Institutes will also identify suitable research opportunities and undertake joint research and publications.



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