FollowingÂ previously signed MoU between the Association of Chartered Certified AccountantsÂ (ACCA)Â andÂ theÂ Chartered Institute of Taxation of Nigeria (CITN), the parties held a follow-up meetingÂ recently.
The meeting was led byÂ the chief executive of ACCAÂ andÂ thePresident, CITN,Â Dr. Ede Ikemefuna.
According to a statement,Â Ikemefuna expressed delight with the development of the relationship following the MoU signing and the unveiling of the partnershipÂ lastÂ November.
Â The scope of relationship between both parties will cater for all members of CITN through the Continuous Professional Training ProgrammesÂ (CPTP) and exemptions through accreditation of CITN programme.
The partnership provides support for the development of the local tax variant and helping CITN members including non-accountants to acquire qualification through various pathways and support the capacity building for its members.
InÂ her opening remarks, BrandÂ said:Â â€œACCA has established alliances with other professional bodies around the world and it is willing to contribute to the development of coherent tax systems by collaborating with government and agencies to put tax cooperation ahead of tax competition in Nigeria. This partnershipÂ is considerate of the diversity of the instituteâ€
Potential areas for collaboration include policy and research as well as ACCA/IFAC research, which highlights importance of cross-border collaborations.
TheÂ Partner & Head of Tax, PwC and ACCA Council member, Taiwo Oyedele,Â who was also present at the meeting expressed his pleasure at the progress made and hoped the benefits can be fast racked across sub-Saharan Africa for ACCA.
TheÂ Director sub-Saharan Africa, ACCA,Â Jamil Ampomah, also pointed out that theÂ ACCA aims to see progress from the implementation of the MoU and he appreciated both teamsâ€™ commitment to deliver on agreed objectives.