LAHORE: The graduates of Government College University (GCU) are likely to be exempted from some Association of Chartered Certified Accountants (ACCA) papers, besides opportunities for financial incentives for the qualification.

According to a press release, the GCU and ACCA Pakistan signed a memorandum of understanding whose main features is providing a route for GCU graduates of BCom (Honors) and BSc (Honors) in business, accounting and finance programmes to study ACCA, including exemptions from ACCA papers F1 to F9 in line with the association’s global accreditation policy.

The accord was signed by GCU Vice Chancellor Prof Dr Hasan Amir Shah and ACCA Pakistan head Sajjeed Aslam at a ceremony at the university’s Syndicate Committee Room.

Speaking on the occasion, Sajjeed Aslam said they would review the courses being taught at GCU, adding that in an ideal case, maximum exemption from nine ACCA papers could be granted in line with ACCA’s global accreditation policy.

He said: “ACCA is very pleased to partner with an esteemed higher education institution. ACCA Pakistan produces more than 120 research papers every year. I hope the partnership with GCU would hone the research potential of both institutions.”

Vice Chancellor Prof Shah said the ACCA and GCU shared common and strong interests in advancement of the finance profession and affording the opportunity to individuals of ability to pursue globally relevant qualifications to enhance their future career prospects and ultimately to maintain and develop the profession and the wider economy.

Published in Dawn, April 23rd, 2016