As per the agreement, both organizations will foster mutual cooperation for the advancement of their members and the accounting and tax profession within the UAE.

The agreement also includes the sharing of information between the two bodies with a priority of technical knowledge and professional development. Both parties will work together to ensure continued training within the tax arena and provide services and support for members.

The memorandum of understanding was signed at the DIFC Academy by Alya Al Zarouni, Executive Vice President of Operations and Head of DIFC Academy at DIFC Authority, Fazeela Gopalani, Head of ACCA Middle East and Malek Sarieddine, Regional Business Development Manager, ACCA Middle East.

Malek Sarieddine, Regional Business Development Manager, ACCA Middle East, who was instrumental in bringing this MOU to fruition said: “MOUs such as this, are designed to continually raise the standards of the accounting and finance profession across the region and are integral to ensure that those working within this area remain as trusted advisors who safeguard the integrity of financial reporting.”

Alya Al Zarouni, Executive Vice President of Operations and Head of DIFC Academy, DIFC Authority,said: “DIFC Academy is committed to accelerating the country’s economic growth by developing local talent in the financial sector. Our partnership with ACCA will provide a unique platform for accounting and tax professionals to gain enhanced training opportunities to develop their skills. By focusing on next generation talent, we are securing the future of finance through highly qualified and experienced professionals serving global businesses from Dubai.”

Fazeela Gopalani,Head of ACCA Middle East, stated: “We are delighted to have signed this agreement with the DIFC Academy which cements our commitment to the profession and will see the beginning of a collaborative and successful association.”