RMIT International University Vietnam has joined forces with a major international accountancy association to support the development of accountancy education in Vietnam.
A memorandum of understanding was signed today between the Association of Chartered Certified Accountants (ACCA) and the University, providing for an ACCA scholarship to a top accountancy student each year, support for the university's Accountancy Club, joint participation in seminars and conferences, and other types of cooperation.
ACCA is one of the world's longest standing professional associations, founded in the UK in 1904 and given a Royal Charter in 1974. In 2011 it has 140,000 members in the UK, Europe and around the world, along with more than 400,000 student members.
ACCA now operates an office in Vietnam to support the growth and development of the accountancy profession and ACCA within Vietnam.
"We're delighted to work closely with ACCA in the interests of strengthening professional standards in accountancy in Vietnam, and to support the efforts of our own students to become part of effective international networks," RMIT Vietnam president Professor Merilyn Liddell said today.
"RMIT Vietnam has been operating a successful undergraduate program in accountancy for several years at our Saigon South campus, and this was extended to Hanoi in 2009. We are seeing the emergence of some wonderful accountancy graduates now, and this new link with ACCA will help us continue to strengthen that performance over time."
ACCA's director of emerging markets, Ms Lucia Real-Martin said: "The cooperation with RMIT University Vietnam today and with other universities later this week speaks for itself about how hard we are trying to improve the human resources quality in this field. It also proves that the link between educational institutions and professional organisations and associations is essential as the world economy undergoes increasingly adverse volatility and continuous changes."
RMIT Vietnam began operations in Vietnam in 2001 and this year will celebrate its 10th year of operations in Vietnam. The University is fully owned by RMIT University in Australia, an internationally recognised public university dating back more than 120 years.