Posted: Thursday 7th August 2014 at 0:24 am

Lancaster University Ghana (LUG) & Association Of Chartered Certified Accountants (ACCA) Sign MOU


Lancaster University Ghana (LUG) and the Association of Chartered Certified Accountants (ACCA) has agreed to enter into an agreement in a bid to develop the Accounting and Finance profession in Ghana.

The MOU places emphasis on the two educational bodies collaborating in the areas of professional accountancy training, education, examinations and continuing professional development. It will also give opportunities and invite and permit the participation of members of ACCA and Lancaster University Ghana to take part in conferences, seminars, training programmes and workshops. These will be organized on areas of common interest and will be of mutual benefit to both ACCA and the University.

Both ACCA and Lancaster University Ghana expressed their confidence in this association between the University and ACCA. Professor John Grainger, Provost, Lancaster University Ghana emphasized that “Students will join research and knowledge exchange not just in the country but regionally and globally. It will be an opportunity for ACCA and the university to strengthen our support of the accounting profession both in Ghana and West Africa.”

Norman Williams, Head of Ghana ACCA stated, “Today accountants have a major role to play in businesses both locally and internationally and therefore they have to equip themselves with the latest knowledge in their respective fields of expertise.This MOU sets the stage for similar collaborations with the partners in the sub-region, to bring value to the development of human capital and socio-economic development.”

Lancaster University Ghana will also be providingmaster class workshops to ACCA members. ACCA is in the process of evaluating what exemptions Accounting and Finance students will receive when they complete their degree at Lancaster University Ghana.

ACCA is a body incorporated by Royal Charter in accordance with the laws of England and Wales. ACCA is the global body for professional accountants and as such, aims to offer business-relevant, first-choice qualifications to people around the world who seek a rewarding career in accountancy, finance and management. . As at February 2013, ACCA has 154,000 members and 432,000 students who it supports throughout their careers, providing services through a network of 83 offices and centres around the world. In Ghana, the ACCA office was established in 1997. At the moment ACCA’ student population is over 9,000 with 1,500 qualified members and affiliates.

Lancaster University, based in the United Kingdom, established a branch campus in partnership with Trans National Education Ghana Limited in Ghana in 2013. The University has been accredited by the National Accreditation Board to offer Undergraduate programmes in Accounting and Finance, Business Studies, Computer Science, Economics and International Relations, Law, Marketing, Psychology, Politics and International Relations along with its award winning Global MBA programme and Masters in International Relations. The University is committed to producing graduates who have the skills and knowledge to meet Ghana’s industrial, societal and governmental needs.

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