Latest news with #ACCA
Business News Wales
2 days ago
- Business
- Business News Wales
ACCA Calls on UK Government to Move with Caution on E-Invoicing
Adopting electronic invoicing should be voluntary for both UK businesses and the public sector, according to leading global accountancy body ACCA (the Association of Chartered Certified Accountants). Responding to a HMRC consultation – Electronic invoicing: promoting e-invoicing across UK businesses and the public sector – ACCA is clear that while the implementation of e-invoicing could bring a number of key benefits for business, such a move must be demand led and must not divert focus away from existing priorities such as Making Tax Digital (MTD). Glenn Collins, head of policy, technical and strategic engagement at ACCA, said: 'With so much investment already having been made by software providers, taxpayers and all key stakeholders in Making Tax Digital (MTD), we would be concerned that the implementation of e-invoicing could potentially dilute already finite resources and lead to delays.' Lloyd Powell, head of ACCA Cymru/Wales, said: 'We would encourage a cautious approach when considering the capacity HMRC would have to implement new developments such as e-invoicing while HMRC reforms and areas such as MTD are at the early stages of phased implementation. In other words: concentrate on making MTD a success.' In its response ACCA suggests that any e-invoicing system should adopt a decentralised 'four-corner model' giving independence and flexibility and would not require users to be locked into a central platform. Joe Fitzsimons, regional lead, policy & insights, ACCA, said: 'A voluntary system of e-invoicing designed to encourage business adoption to realise key business benefits is the most productive approach. Cost benefit analysis will remain crucial as well as considering how e-invoicing can best work for business in practice. 'We also call on the Government to look at existing standards in countries which already use e-invoicing and take a phased approach to ensure capacity and capability can be built and crucially lessons learned.'
Khaleej Times
4 days ago
- Business
- Khaleej Times
Admissions open for PwC Academy's Young Employable Scholar (YES) programme as higher education landscape shifts
Fast-track programme offers ambitious UAE students a more accessible path to becoming chartered accountants amid rising education costs PwC Academy, the talent and skills development business of PwC Middle East, has opened admissions for the sixth edition of its highly successful Young Employable Scholar (YES) Programme. With 80% of graduates securing positions in leading organisations, this transformative higher education pathway combines the prestigious ACCA (the Association of Chartered Accountants) qualification with the UAE VAT Compliance Diploma and AI training. This two-and-a-half-year programme equips ambitious students with the fundamental skills needed to excel in a career in accounting and finance. The YES Programme reflects a wider shift in perception and expectation towards higher education. A recent report from World Economic Forum (WEF) and PwC found only around 50% of surveyed country's working populations are employed in professions that match their formal education level, highlighting a clear need for a more direct focus on job-relevant skills. The programme provides a combination of qualifications, practical training, and exposure to industry experts from a Big Four firm, directly preparing students for the work they will be performing. This new age approach is rapidly gaining recognition among high-achieving students seeking a first-class career in accounting or finance while side-stepping traditional higher education barriers. This cost and time-effective solution to higher education, tailor made by PwC professionals, targets the skills that will enable accountants to flourish in tomorrow's world. This accelerated timeline means graduates can start earning and advancing their careers while their peers are still studying. One recent graduate, who now works at PwC said: "The YES programme was a great experience that I couldn't recommend enough. The level of teaching and support I received throughout the programme was exceptional, and as a result I secured a role at PwC within a month of graduating." The YES Programme reflects a wider shift in professional qualification requirements. For example, a recent US study by specialist research platform Intelligent found 45% of surveyed companies are moving away from traditional degree requirements in favour of skills-based hiring. Beyond strengthening accounting and workplace skills, the programme is also a pathway to internship opportunities at renowned entities in the UAE, upon successful completion. For those seeking further education, graduates can advance directly to an MSc from University of London, bypassing traditional bachelor's degree requirements. Taimur Ali, PwC partner and head of qualifications at PwC Academy: 'The value of the YES programme goes far beyond cost and time savings. It provides students with a comprehensive academic experience, equipping them with the skills essential to excel in today's fast-paced world. Organisations in the region thrive on the agility and adaptability of their talent, which is why programmes such as YES are pivotal in shaping the leaders of tomorrow." The YES programme is open to exceptional high school graduates with strong academic performance in Mathematics and English who demonstrate leadership potential and commitment to a career in accounting or finance.
Business Standard
4 days ago
- Business
- Business Standard
Logic School of Management launches CIAP Program in partnership with IAB, UK
Logic School of Management, part of the Veranda Commerce vertical led by Prof. J.K. Shah, has announced the launch of the Certified International Accounting Professional (CIAP) program in partnership with the Institute of Accountants and Bookkeepers (IAB), UK a globally respected body for professional accounting qualifications. Logic has trained thousands of aspirants across India for the last 2 decades and has a strong track record in International and national accounting programs like ACCA, CMA USA, CPA USA and CA education. Veranda Commerce is one of the largest commerce education verticals in India and is actively expanding its footprint. Brands under this vertical include JK Shah Classes, BB Virtuals, Navkar Digital Institute, Tapasya College of Commerce and Management, and Logic School of Management. The CIAP program features a fast-tracked, globally aligned curriculum that can be completed in just six months. It is tailored for both students and working professionals aiming to build successful careers in international accounting and finance. The program offers placement assistance through IAB, certification from the National Skill Development Corporation (NSDC), and access to bank loan facilities making it a practical, affordable, career-focused, and accessible pathway to rewarding careers in global finance and accounting. The first batch of the CIAP program is expected to commence by the end of June.
Yahoo
4 days ago
- Business
- Yahoo
TA ESG Supplement 2025 now live
While it may seem like enthusiasm for ESG issues have been waning in recent months due to policy rollbacks, cynical leadership, and geo-political tension, there are still so many positive initiatives taking place within the accountancy profession with the goal of improving society and the environment. In this digital supplement, produced by The Accountant, we highlight some of the great work being conducted by our partners. We hear from ACCA about the reality of accounting for carbon-related instruments, HLB looks at the value accountants bring to sustainable business, Praxity Global Alliance champions the value of transparency in combating modern slavery, Azets explains why it is accelerating its sustainability strategy, and much more. "TA ESG Supplement 2025 now live" was originally created and published by The Accountant, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
India Today
28-05-2025
- Business
- India Today
University of London, Chartered Certified Accountants introduce new BSc degree
The University of London and the Association of Chartered Certified Accountants (ACCA) have taken a major step further in providing education to Indian students internationally. They have launched a new combined BSc in Applied Accounting course. This new course enables students to earn an internationally recognised degree and study towards a professional ACCA qualification step is an extension of the current partnership between the two institutions. Under the partnership, ACCA members and affiliates already enjoyed the privilege of gaining access to an MSc in Professional this step, the partnership aims to give students a simpler and more convenient way of gaining global accounting and finance qualifications. In India, increasingly students have been opting for the ACCA qualification over the past few years, particularly commerce and accountancy students who seek international DEMAND IN INDIAIt is a recognised international option to conventional courses such as Chartered Accountancy (CA). The new BSc course makes it more attractive in the sense that it allows the students to pursue academic and professional objectives at the same time within one of the greatest features of the programme is that students will not need to enroll in another course at a they can pursue their degree while finishing ACCA, which is more convenient and affordable for the next generation of professionals to acquire two is a major breakthrough in professional development. It enables Indian and international students to learn academic and professional skills at the same time, which enables them to get jobs and migrate to other countries," said an ACCA University of London is particularly renowned for its emphasis on distance learning and quality education. Synergy with ACCA ensures that students benefit from both sound academic education and professional course is a demonstration of the growing demand for qualifications that offer theory in addition to practice. Most Indian students will be keen on enrolling in it since they want to develop global careers in accounting and finance.
