ACCA & ANAN Sign MOU

Association of Chartered Certified Accountants (ACCA) and the Association of National Accountants of Nigeria (ANAN) have signed a Memorandum of Understanding (MOU) on the development of the accountancy and finance profession in Nigeria.

This was disclosed in a statement issued by ACCA on Thursday titled ‘ACCA, ANAN seal pact on accounting profession development in Nigeria’. The statement said the MOU would also enable both professional bodies to collaborate to achieve their organizations’ objectives.

The MOU would also enable research, development of intellectual properties, publications, roundtables and focus studies, between the two groups. The MOU is in line with both ACCA and ANAN’S vision of developing the accountancy profession, according to the statement.

Speaking at the signing ceremony, the President of ANAN, Prof. Muhammed Mainoma, said, we are living in a changing world which has been fast tracked by COVID-19 pandemic. The current situation is requiring new skill sets and competencies for the accountancy and finance professional to deliver value and economic growth. Collaborating with ACCA is therefore part of our strategic objective of driving value through partnerships.

The Country Head, ACCA Nigeria, Mr. Tom Isibor, pointed out that the MoU presented an opportunity for both bodies to align and leverage their resources, collateral and network to promote collaborative efforts on key areas of mutual interest, particularly the development of well-rounded accountants and finance professionals in the country.

He emphasised that the partnership actually kicked off in November 2020 with a conference on Sustainable Public Finance organised by both bodies in collaboration with the Chartered Institute of taxation of Nigeria (CITN) and the Bureau of Public Sector Reforms (BPSR) in Abuja.