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The University of the West Indies (UWI) and the Association of Chartered Certified Accountants (ACCA) recently signed a memorandum of understanding (MOU) aimed at furthering the provision of high quality Accountancy education and training in Trinidad and Tobago and the wider Caribbean region.

“This MOU provides greater visibility and recognition for our Accountancy Programme here at UWI St Augustine on the one hand and  on the other hand, it provides the ACCA with access to a high quality pool of Accounting graduates who may wish to pursue professional qualification,” said Mr Errol Simms, Head of UWI Department of Management Studies. 

He said that the MOU provides for the recognition of outstanding graduates in accountancy through the provision of prizes, the facility for UWI students to attend ACCA continuing professional development seminars, and collaboration towards hosting a joint student event as part of the ongoing UWI St Augustine 50th Anniversary Celebrations.

Professor Sankat, UWI Pro Vice Chancellor and St Augustine Campus Principal, and Mr Roger Acton, ACCA Regional Director for Europe and Americas, smiled warmly as they took turns signing the MOU in a formal ceremony on Monday 24th May, 2010. Professor Sankat described the MOU signing as “testament to a productive partnership for the benefit of our students, the business community and by extension, the people of Trinidad and Tobago and the region.”

“ACCA plays a central role in supporting students around the world by providing relevant and distinctive qualifications in accountancy, finance and management. As the leading tertiary education institution in Trinidad and Tobago and the region, the UWI’s partnership with the ACCA is founded on our mutual interest in promoting quality and excellence,” said Professor Sankat.

Roger Acton, ACCA Regional Director Europe and Americas added, “The signing of this MOU further demonstrates ACCA’s commitment to fostering partnerships beneficial to the support and development of the global accounting profession.  Our collaboration with an institution of UWI’s calibre can only augur well for the future of the profession in the region and will undoubtedly provide greater opportunities for young finance and accounting professionals.

The MOU signing ceremony, which was hosted by the Office of the St Augustine Campus Principal and chaired by Dr David Rampersad, Director of the UWI Business Development Office, attracted an audience that included Mrs. Carla Dubé, St Augustine Campus Bursar, Dr. Hamid Ghany, Dean of the St Augustine Faculty of Social Sciences, Ms. Brenda Lee Tang, Head of Corporate Development, ACCA Caribbean, Mr Shane Kisson, manager of ACCA Southern Caribbean and members of the Faculty of the Department of Management Studies.

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