Dubai, United Arab Emirates - Thursday, May 26th 2016 [ME NewsWire]
ACCA (the Association of Chartered Certified Accountants) is the first accountancy body in the UAE to work with national body AAA (Accountants and Auditors Association) to produce a UAE version of paper F4 – Corporate and Business Law
This exclusive partnership furthers ACCA’s commitment to creating competent finance professionals equipped with both local and global expertise. The structure of the UAE’s version of paper F4 is in line with its government’s aspirations to become a leading financial services centre globally.
The UAE version of paper F4 covers various aspects of UAE business law, ensuring that students get locally relevant knowledge whilst studying a global qualification. The paper supports the development and retention of local talent, creating finance professionals with a global perspective of business uniquely complemented by local business environment knowledge and expertise. This is a part of ACCA’s on-going strategy to ensure employers have an established pipeline of qualified finance professionals.
Lindsay Degouve de Nunques, Head of ACCA Middle East said, “The unique partnership between ACCA and AAA supports students across the UAE to gain a better understanding of local business law through local content, whilst studying for a professional, globally recognised accountancy qualification. With students gaining knowledge and skills that are relevant both to the UAE and globally, the development helps businesses in the region to develop a competitive advantage through its finance professionals.
“Employers and relevant stakeholders in the UAE will have access to a well-rounded pool of national talent. We are confident that the development of this UAE version of paper F4 supports a vision of successful future finance professionals in UAE, certainly putting their students on the map.”
Ahmad Darwish, CEO of AAA’s Dubai Office said “When AAA signed a partnership with ACCA and produced the national qualification of the UAE – UAECA Qualification – our vision was to have local content for the qualification which will meet the needs of the UAE’s aspiring professional accountants and our stakeholders. With the launch of F4 UAE exam paper, I am confident these needs will now be met.”
F4 UAE is available from ACCA’s December 2016 examination session. ACCA has an established approach to exam development that ensures that levels of rigour across the qualification are maintained. F4 continues to recognise that candidates are potential finance professionals, rather than potential lawyers.
Notes to Editors
ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. It offers business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.
ACCA supports its 178,000 members and 455,000 students in 181 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 95 offices and centers and more than 7,110 Approved Employers worldwide, who provide high standards of employee learning and development. Through its public interest remit, ACCA promotes appropriate regulation of accounting and conducts relevant research to ensure accountancy continues to grow in reputation and influence.
Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. It believes that accountants bring value to economies in all stages of development and seek to develop capacity in the profession and encourage the adoption of global standards. ACCA’s core values are aligned to the needs of employers in all sectors and it ensures that through its range of qualifications, it prepares accountants for business. ACCA seeks to open up the profession to people of all backgrounds and remove artificial barriers, innovating its qualifications and delivery to meet the diverse needs of trainee professionals and their employers. For more information: www.accaglobal.com.
Helen Thompson, ACCA Newsroom
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