BDC Ltd signs MoU with ACCA Caribbean
Agreement to benefit business sector in Trinidad and Tobago
21 Dec 2009
ACCA Caribbean has signed a Memorandum of Understanding (MoU) with the Business Development Company Limited (BDC) - the official trade promotion organisation of Trinidad and Tobago - with a commitment to collaborate on issues related to the development of the local business sector.
As BDC continues to implement its mandate to facilitate the growth and sustainability of businesses in Trinidad and Tobago through the provision of creative business solutions, ACCA will provide the necessary technical expertise and guidance to ensure high standards of accounting practice and professional standards are maintained within the sector.
The MoU was signed by Brenda Lee Tang, ACCA Caribbean's head of corporate development, and Albert Chow, BDC's president, and follows similar agreements between ACCA and the Jamaica Business Development Company (JBDC) and the Small Business Association (SBA) of Barbados.
'Cooperation with the professions such as accounting will allow us to direct relevant skills and training to key customers, who will drive the development of the economy in the future,' said Albert. 'ACCA is a top class institution and we are proud to partner with them.'
Brenda added that the agreement signified ACCA's commitment to the development of the regional business sector.
She remarked that as local businesses are supporting economies in the current economic climate, it is imperative they are provided with every possible opportunity for development and long-term sustainability.