AAA And ACCA Promote Emiratisation with The Launch Of A New National Chartered Accountancy Qualification On UAE National Flag Day
Accountants and Auditors Association (AAA) of United Arab Emirates (UAE) in collaboration with the Association of Chartered Certified Accountants (ACCA) made an announcement about the new accountancy qualification in United Arab Emirates. This announcement of qualification was made on the National Flag Day of United Arab Emirates. It was the same day when, 10 years back, Sheikh Khalifa Bin Zayed Al Nahyan was declared the president of the state.
This partnership of AAA and ACCA was declared at the Armani Hotel in Dubai. At the occasion, the economic minister of the country, Sultan Bin Saeed Al Mansoori was present to appreciate the initiatives being taken by AAA and ACCA collectively for the improvement of accountancy profession in the region.
‘UAECA’, the newly launched accountancy qualification of UAE, is based on the qualification of ACCA and this provides an opportunity to the United Arab Emirates nationals to gain a globally accepted accountancy qualification. Moreover, having membership of the two bodies will yield in more respect for the professionals.
Stuart Dunlop, the regional director of MENASA-ACCA, said that this union between the ACCA and AAA will create opportunities for the local accountancy students to gain a national qualification which will make them able to serve in the local as well as the global markets. Furthermore, the membership of ACCA and AAA can be obtained and will enable them to attach the titles of both ‘UAECA’ and ‘ACCA’ with their names. He continued that as this partnership supports the government’s initiatives regarding the advancement of finance and accounting profession, many employment opportunities will come as more employers will show up to serve with these bodies.
AAA has set its target to produce at-least one-hundred national chartered accountants by 2021 because the demand for the accountants is rising in the UAE. AAA is confident that the national accountancy students will be encouraged to gain this new certification to become skillful and successful finance professionals in the future.