24 October 2017 - Universiti Teknologi Brunei held a signing ceremony for the ACCA Accreditation and Accelerate Programme (Traslate: Majlis Menandatangani Pengiktirafan ACCA dan Program Lonjatan) between the UTB School of Business and the Association of Chartered Certified Accountants (ACCA) today, at the Lecture Theatre 2, Library Complex in UTB. The Guest of Honour at the ceremony was Yang Mulia, Professor Dr. Dayang Hajah Zohrah binti Haji Sulaiman, Vice-Chancellor of UTB.
The ceremony began with the recitation of Surah Al-Fatihah and Doa’ Selamat, followed by a welcoming remarks by the Dean of UTB School of Business, Dr Haji Mohammed Saleem Haji Nazmudeen and Mr Alex Foong, Business Relationship Manager of Emerging Markets-Asia, ACCA.
Signing on behalf of UTB was Dr Haji Mohammed Saleem Haji Nazmudeen, while Mr Alex Foong, represented ACCA. The Guest of Honour, Vice-Chancellor of UTB, witnessed the signing.
The agreement facilitates the inclusion of UTB in the ACCA Accelerate Program. Accelerate is an arrangement between ACCA and UTB which gives students an opportunity to register early for their Professional Qualification. Accelerate is designed to reduce the barriers that limit student progression to membership with the Association of Chartered Certified Accountants.
This agreement provides students undertaking Bachelor of Business in Accounting and Information Systems, access to ACCA professional qualifications before they graduate. As UTB is accredited by ACCA, students are exempted from the Nine ACCA professional papers and are only required to sit for five papers in order to become professional chartered accountants. Students under the scheme are entitled to reduced registration fee, waiver of first year subscription and reduced exemption fee on the condition that students should register before their graduation.
In addition, ACCA is committed to supporting the students and the University in various areas. These include rendering support for orientation sessions, information events, meetings with ACCA members and annual conferences or seminars; promoting ACCA qualification; and providing access to ACCA’s online resources. It provides a significant opportunity and access for UTB students to the highest professional standards. This will greatly benefit the UTB School of Business and students.