ACCA and ASSOCHAM sign MoU to promote mutual cooperation and business growth

New Delhi, 01 November, 2023: ACCA, the Association of Chartered Certified Accountants  and the Associated Chambers of Commerce and Industry of India (ASSOCHAM), today announced the signing of a Memorandum of Understanding (MoU) for increased collaboration between the two entities. Through this MoU, ACCA and ASSOCHAM will work together to promote mutual cooperation for the advancement of their respective members and the growth of businesses.

The MOU sets out a framework for the parties to explore opportunities for collaboration to their mutual benefit, including the exchange of information, communication of relevant activities, organisation of joint events, exchange of knowledge resources, and exploration of possibilities for joint ventures and partnerships.

This MOU is a significant milestone for both organisations, as it will enable them to work together on a variety of initiatives to advance their members and promote business growth. It also reflects the growing importance of accounting and finance in the global economy, as businesses today need access to accurate and reliable financial information to make informed decisions. The ACCA and ASSOCHAM tie-up will help to ensure that businesses have access to the highest quality accounting and financial services.

Commenting on the collaboration, Helen Brand, Chief Executive, ACCA said,  “This Memorandum of Understanding marks a significant milestone in our collaboration with ASSOCHAM, symbolizing a substantial step toward enhancing cooperation between our organizations. Together, we will explore opportunities to jointly organize initiatives on topics of mutual interest, such as sustainability, with the aim of bolstering the flow of information, education, and awareness. We are eagerly looking forward to working on various initiatives that will not only benefit our members but also contribute to the overall growth of businesses, the economy, and society at large.”

Basudev Mukherjee Assistant Secretary General ASSOCHAM said, “This strategic collaboration underscores ASSOCHAM’s commitment to ensuring that Indian businesses have access to platforms such as ACCA where much needed latest global knowledge and information that drives growth and sustainability be exchanged. We look forward to a fruitful partnership by way of joint research and survey studies, an enhanced capacity building through collaborative training programmes, and updates on modern accounting methods,  values and ethical outlook that brings synergetic benefit to for our members.”

The signatories included Helen Brand, Chief Executive, ACCA, Sajid Khan, Director – India, ACCA and Basudev Mukherjee, Assistant Secretary General, ASSOCHAM.