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ACCA to partner FG on anti-corruption, signs MoU with FITC

By Jonah Nwokpoku

The Association of Certified Chartered Accountants, ACCA has said it will soon enter into partnership with office of the Vice President in a bid to contribute to the fight against corruption in Nigeria.

Country Head, ACCA Nigeria, Toyin Ademola disclosed this while addressing news men at an event hosted by ACCA in partnership with FITC in Lagos.

This is even as the Chartered Accountants trainer has signed a memorandum of understanding with the Financial Institute Training Centre, FITC to share information and knowledge in pursuit of strengthening capacity in the financial services sector in the country.

According to Ademola, “We at ACCA are hoping to begin working with the government very soon, with the Vice President’s office from our research and insights developed on anti corruption and we do believe that there is need to educate the Nigerian public rather than just trying to fight it. We believe it is about sorting it out from the root cause.”

Speaking on the partnership with FITC, she said: “If we think about FITC which is financial institute training centre, and you look at what ACCA does, which is developing skills capacity in finance, then you will realise why this partnership has become imperative. And that is why we are also happy about signing the MoU. It is the fact that both institutions are not just interested in the development of financial skills but also interested in ethics and corporate governance. We both make sure that we have members who are delivering values to their employers.”

Also speaking, the Chief Executive, ACCA, Helen Brand said: “The mission of ACCA is very much to provide people with talents and opportunities to qualify as professional accountants and within that we see a whole range of skills and attributes that are needed by businesses and employees to build their overall capacity. With the partnership with FITC, we see even greater opportunities to help contribute to capacity building within the Nigerian business.

“This partnership will involve mutually sharing information and knowledge. ACCA for example, has a very big core professional insights team who develop research on the future of the profession; we produce a lot of policy papers from a global perspective. So with the partnership with FITC we will have consolidated approach for Nigeria and we can share that information and that global experience with FITC so that they can develop their own propositions as well.”

On his part, Associate Director, FITC, Mr. Tunji Ajiboye, said: “We are happy to leverage the capacity of ACCA through this partnership. Already we deliver value in terms of training consulting and research to develop the financial services sector. A global brand like ACCA is an advantage to the system. FITC is totally committed to improving corporate governance in the financial system and that is why we are happy to partner with ACCA to further add value to the system.”


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