16 November 2016

ACCA and Institute of Certified Public Accountants of Kenya (ICPAK) sign Strategic Partnership Agreement

ACCA and ICPAK signed a strategic partnership agreement in Brasilia on the 15 November 2016, which will see both bodies working on collaborative arrangements to strengthen the accountancy profession in Kenya and globally.

Brian McEnery, ACCA’s President and Dr Patrick Ngumi, CEO of ICPAK signed the agreement on behalf of both bodies.

Speaking at the signing agreement, Brian McEnery said: ‘As professional bodies, both ACCA and ICPAK share a mutually respected relationship and this agreement strengthens this relationship for the benefit of our members and students. We both believe in the development of the accountancy profession locally and internationally, and we work to promote the public interest remit of the profession.’

Dr Patrick Ngumi commented: ‘The advancement of professional, educational and ethical standards is another shared value between ICPAK and ACCA, and we share a commitment to offering the opportunity for individuals of ability to become professional accountants who will ultimately benefit economies around the world.’

ACCA and ICPAK will work together on:

capacity building initiatives to promote the sustainable growth of the accountancy profession, exploring pathways to membership of each other’s organisation, driving member growth and supporting the development of the profession

quality support and development opportunities to ICPAK and ACCA members, both practising and non-practising, in a range of areas of mutual interest and expertise including Continuous Professional Development collaboration, incorporating workshops and joint conferences 

joint research and policy initiatives with the aim of enhancing the reputation and influence of the profession.

Brian McEnery concluded: ‘Ultimately, this agreement will enhance the reputation and influence of both bodies in Kenya and globally.’

Dr Patrick Ngumi concluded: ‘Our joint expertise will see ACCA and ICPAK using our experience and expertise to identify and conduct initiatives that offer value to our members, supporting the development of the accounting and auditing professions.’

This strategic partnership agreement builds on ACCA’s and ICPAK’s IFAC-sponsored project to develop information and communications technology (ICT) systems, providing guidance on building strong ICT systems for Public Accounting Organisations in Africa.

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Notes to Editors

About ACCA

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 188,000 members and 480,000 students in 178 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 100 offices and centres 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. More information is here: www.accaglobal.com