ACCA works with Morison KSi to improve accountancy standards

Thursday 26 January 2017

In a bid to improve standards across the accountancy sector, the Association of Chartered Certified Accountants (ACCA) is working with Morison KSi on a new memorandum of understanding (MOU). 

The move will allow the two organisations to work together, share knowledge and resources and increase expectations within the sector, which is set to face new challenges as a result of Brexit and other economic factors. 

As a result of the plans, ACCA and Morison KSi will run joint events in markets of mutual interest, offer access to initiatives and services that enable finance and talent opportunities, promote the global relationship between the two and identify times to speak at mutually beneficial events. 

Helen Brand OBE, chief executive of ACCA, said: “We’re delighted to sign this MOU, building on our work with Morison KSi which already has a number of member firms with ACCA Approved Employer status.

“Their global footprint also echoes ACCA’s and as an accountancy association in the top ten world ranking, Morison KSi is a fantastic partner for ACCA.”

Ms Brand went on to say that the two groups share a commitment to public value and improving standards in both mature and developing economies. The agreement will help to achieve this in a selection of ways, such as joint research and cross-regional business development. 

She added that a global network of public practices will make it easy for new firms to be introduced to the Morison KSI association. 

Morison KSi chief executive officer Liza Robbins also commented on the plans, explaining that the two organisations have a “great deal in common”.

“Morison KSi is a highly selective association with quality at our core and ACCA delivers world class qualifications, training and research, which makes our partnership a natural one. This MOU is a great development for both organisations,” Ms Robbins noted. 

ACCA is the global body for accountancy and provides qualifications to professionals across the world, with around 188,000 members and 480,000 students working with the company across 178 countries. 

On the other hand, Morison KSi is a worldwide group that offers professional services to a host of ambitious independent companies, which are selected due to the quality of their employees and processes. 

As 2017 will no doubt have huge economic changes in store, it will be interesting to see what awaits for freelance contractors in accountancy and how the sector will evolve to tackle any new challenges. 

By Victoria McDonnell

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