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ACCA (the Association of Chartered Certified Accountants) has launched the Simpson Scholarship 2012 to reward talented ACCA students who have already proven themselves to be of sufficient merit and distinction in ACCA examinations.

The Simpson Scholarship was named for Miss Muriel Simpson, a Fellow Member of ACCA, who died on 22 December 1977 and in her Will, left her residuary estate to ACCA to fund a scholarship to be called the 'Simpson Scholarship'.

Each year, the Fund will award five deserving ACCA students to receive the scholarship which will cover:

* ACCA examination fees
* Annual student subscription fees
* Affiliate subscription fees
* Member subscription fees
* Additional exemption fees where applicable

Scholarship recipients will receive funding until ACCA membership is achieved or for a maximum of five years, whichever happens first. In addition, the award recipients will also receive learning materials from ACCA's platinum content provider BPP, which includes pass notes, revision kits and study books.

ACCA Country Head, Ms Jennifer Lopez, comments: "The Simpson Scholarship provides aspiring professionals the opportunity to pursue their ambition without having to worry about the financial burden of their studies. We are committed to identifying and supporting potential talents who would one day become inspirational business leaders. After all, grooming future leaders has been ACCA’s legacy for over 100 years. ACCA believes that accountants bring value to economies in all stages of development, and we aim to develop capacity in the profession so as to enhance the role that the profession plays in supporting a healthy global economy."
Accountancy is the leading profession not only in Malaysia but also around the world. ACCA currently supports over 424,000 students in 170 countries, helping them to develop successful careers in accounting and business, with the relevant skills highly sought after by employers. For this reason, ACCA is the qualification of choice for many aspiring accounting and finance professionals.

To be eligible for the Simpson Scholarship, students must already be a registered ACCA student who have completed the Knowledge module of the Fundamentals level of the ACCA Qualification and have achieved an average grade of 80% or over - first attempt passes only will be accepted.

Application for the scholarship will also include a written essay with the title 'How the award of a Scholarship will help me to realise my full potential', in not more than 1,000 words. Further information of the Simpson Scholarship Fund 2012 is available at www.accaglobal.com/scholarship.

Closing date for all applications is 4 May 2012.

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