Recently, in Hanoi, the Institute of Chartered Accountants in England and Wales (ICAEW) Southeast Asia and four Partners in Learning (PiL) in Vietnam and Singapore signed a Letter of Intent to provide support for Vietnamese students to complete the full Chartered Accountancy qualification in Vietnam and diversify training formats.
|ICAEW and Partners in Learning in Singapore and Vietnam signing the document |
For the first time, three independent PiLs of ICAEW in Vietnam, including UHY Training Center AFA Research & Education (AFA) and Vietsourcing Education Group (Vietsourcing), are joining forces to partner up with City Academy, an international PiL in Singapore with experienced Chartered Accountant tutors from the UK, Singapore, and Malaysia.
ICAEW will connect these PiLs and support them to deliver a collaborative project of training students for the professional level of the Chartered Accountancy qualification in Vietnam.
The project aims to enhance and monitor training quality and support PiLs of ICAEW in Vietnam in “training the trainers” for professional and advanced levels in the future. Ensuring a high-quality learning environment for students and supporting Chartered Accountants fully trained in Vietnam is one of the top priorities of ICAEW.
|By nurturing such highly qualified Vietnamese finance, accounting, and business professionals, ICAEW hopes to contribute in a practical way to the development of the Vietnamese accountancy and finance sector. |
Mark Billington, ICAEW Regional Director, Southeast Asia, said: "The foremost objective of this collaborative project is to ensure the high training quality and good learning outcomes for our ICAEW ACA students trained in Vietnam. We look forward to welcoming the first Chartered Accountants to be fully trained here in the near future. By nurturing such highly qualified Vietnamese finance, accounting, and business professionals, ICAEW hopes to contribute in a real practical way to the development of the Vietnamese accountancy and finance sector.”
The project has a duration of three years with a specific roadmap for enrolment and training of ICAEW ACA students. In parallel with training students, City Academy will support the PiLs by providing teaching resources with the ultimate goal of the PiLS taking on teaching the ACA in their respective countries.
PiLs of ICAEW in Vietnam and ICAEW Vietnam will be in charge of the enrolment and organisation of courses. City Academy will provide tutors, develop curricula, and enable students to access and use the reference materials of City Academy. The tutors of PiLs in Vietnam will support their foreign counterparts in providing instructions, reviewing, and marking tests for students during their learning process. The Vietnamese tutors also have full use of the training materials of City Academy for reference. The first course is expected to be launched in July 2018.
|This cooperation will help improve the state of the Vietnamese accountancy and finance sector |
Founded in the UK in 1880, ICAEW is a world-leading professional membership organisation connecting over 149,000 chartered accountants worldwide, providing this community of professionals with the power to build and sustain strong economies. By training, developing, and supporting accountants throughout their career, ICAEW gives them the expertise and values to meet the needs of tomorrow’s businesses.