-Deloitte appointed by ACCA as the exclusive recognised training partner for Arabic Cert IPSAS in the Middle East
Deloitte and ACCA (the Association of Chartered Certified Accountants) launched today the ACCA Certificate in International Public Sector Accounting Standards in Arabic (Cert IPSAS in Arabic). In fact, out of the 22 Arab League member states, five governments are currently implementing accrual accounting IPSAS, transitioning from cash / modified cash accounting basis. This number is expected to double over the next two years, hence the need to provide Arab communities with a quality and internationally recognized accounting certificate in IPSAS.
"The development of skilled professional talent capable of leading and executing the government's financial management according to international standards is at the top of the agenda of public sector leaders we talk to," said Maher Khalil, Consulting Partner and operations leader at Deloitte in the Middle East. "ACCA and Deloitte are making this Arabic language professional international certification available to the region as a reflection of our commitment to Arab countries and the ambitious strategies to develop their public sector."
"Building financial and accounting knowledge and capability of the public sector professionals is a key enabler of economic development and public accountability," added Lindsay Degouve de Nuncques, Head of ACCA Middle East. "These are the very reasons why we have developed the English Cert IPSAS, which we launched globally in November 2014."
The Cert IPSAS has been specifically developed for public sector organizations to train their professionals on IPSAS - the global accrual-based accounting standards used for the preparation of general-purpose financial statements.
"The Cert IPSAS in Arabic provides a foundational learning on the basics of IPSAS, the key principles of accrual accounting in the context of the public sector, and equally important promotes awareness of Arabic technical accounting IPSAS terminology," added Mohammad Jallad, Audit Partner, Deloitte in the Middle East.
"The Cert IPSAS has been developed to support and build strong financial reporting based on internationally recognized financial reporting standards for the public sector, and we recognized a need here in the Middle East that an Arabic version was necessary - hence working together with Deloitte in developing this concept," added Lindsay Degouve de Nuncques.
The Cert IPSAS in Arabic consists of an online course and assessment and is designed to offer individuals the flexibility to pursue this certification by customizing their learning schedule and planning their assessment dates. The Cert IPSAS in Arabic is suitable for any public sector professional with a basic understanding of accounting and is very valuable to university students considering a career in the government and public sector.
"The aspirations of the academics, advisors, trainers and practitioners who made this Arabic certificate a reality is for as many professionals to pursue and benefit from the certificate," concluded Faisal Darras, Consulting Director at Deloitte in the Middle East. "This way they become part of a community of Arabic certified public sector accounting professionals who can work across the Arab countries and contribute to the successful implementation of accrual accounting IPSAS across the region."
For further details please visit:
www.accaglobal.com/gb/en/qualifications/glance/certificate-in-international-public-sector-accounting-standards-in-arabic-cert-ipsas-arabic/cert-ipsas-arabic-overview.html
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About ACCA
ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. It offers business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.
ACCA supports its 178,000 members and 455,000 students in 181 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 95 offices and centres and more than 7,110 Approved Employers worldwide, who provide high standards of employee learning and development. Through its public interest remit, ACCA promotes appropriate regulation of accounting and conducts relevant research to ensure accountancy continues to grow in reputation and influence.
Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. It believes that accountants bring value to economies in all stages of development and seek to develop capacity in the profession and encourage the adoption of global standards. ACCA's core values are aligned to the needs of employers in all sectors and it ensures that through its range of qualifications, it prepares accountants for business. ACCA seeks to open up the profession to people of all backgrounds and remove artificial barriers, innovating its qualifications and delivery to meet the diverse needs of trainee professionals and their employers. More information is here: www.accaglobal.com
About Deloitte:
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte has in the region of 200,000 professionals, all committed to becoming the standard of excellence.
Deloitte's professionals are unified by a collaborative culture that fosters integrity, outstanding value to markets and clients, commitment to each other, and strength from cultural diversity. They enjoy an environment of continuous learning, challenging experiences, and enriching career opportunities. Deloitte's professionals are dedicated to strengthening corporate responsibility, building public trust, and making a positive impact in their communities.
About Deloitte & Touche (M.E.):
Deloitte & Touche (M.E.) is a member firm of Deloitte Touche Tohmatsu Limited (DTTL) and is the first Arab professional services firm established in the Middle East region with uninterrupted presence since 1926.
Deloitte is among the region's leading professional services firms, providing audit, tax, consulting, and financial advisory services through 26 offices in 15 countries with around 3,000 partners, directors and staff. It is a Tier 1 Tax advisor in the GCC region since 2010 (according to the International Tax Review World Tax Rankings). It has received numerous awards in the last few years which include Best Employer in the Middle East, best consulting firm, and the Middle East Training & Development Excellence Award by the Institute of Chartered Accountants in England and Wales (ICAEW).
For further information:
Helen Thompson, ACCA Newsroom
Tel: +44 (0)20 7059 5759
mob: +44 (0)7725 498 654
Twitter @ACCANews
helen.thompson@accaglobal.com
© Press Release 2016
