ACCA and KDU in agreement
ACCA (the Association of Chartered Certified Accountants) and KDU University College (KDU UC) signed a Memorandum of Agreement today which provides its accounting degree students with an accelerated pathway into the ACCA Qualification in the final year of their studies. This agreement follows a collaboration officiated last year where ACCA and KDU UC agree to work together to develop a unique three-year accounting degree programme which incorporates the ACCA syllabus.
This new three-year accounting degree programme is expected to be launched in August 2013, in which students can claim nine paper exemptions from ACCA – the maximum number of exemptions provided by ACCA – and proceed to take up the Professional papers of the ACCA Qualification in the final year of their studies. Hence, students who opt into this pathway may simultaneously earn the ACCA Qualification as well as KDU's Bachelor of Accounting degree.
Speaking at the signing ceremony, ACCA's chief executive Helen Brand, said: "This conditional exemption is the first of its kind in Malaysia that ACCA offers for a three-year Bachelor of Accounting programme. As the leading global body for professional accountants, ACCA is dedicated to work with strategic partners to groom the next generation of business leaders. This latest collaboration demonstrates our confidence in KDU UC’s ability to nurture our future ACCA members to be complete finance professionals – that is, professionals equipped with the necessary knowledge and skills across all aspects of finance and business."
This agreement was signed at a special ceremony where ACCA also presented KDU UC with the Platinum seal of approval in the ACCA Approved Learning Partners (ALP)–Student Tuition scheme, the highest and most prestigious level of approval for universities and colleges globally under ACCA’s ALP programme.
To be considered for the Platinum level of recognition, tuition providers must meet the challenging performance targets that have been demonstrated to attain Gold approval, the tuition provider must also meet further targets relating to the way the institution is run and how the ACCA courses are delivered. A Platinum approved institution must also demonstrate that their students’ examination results meet set pass-rate targets and that they are consistent.
With this latest award, KDU UC is recognised to be a leading provider of high quality tuition and support that they offer ACCA students in Malaysia. To date, there are 22 ACCA approved learning partners in Malaysia, out of which only six are awarded Platinum status.