In a significant move to bolster professional development and foster collaboration within the finance and accounting industry, ACCA Sri Lanka and KPMG Sri Lanka recently announced the signing of a Memorandum of Understanding (MOU). This Strategic Partnership aims to strengthen the ties between the global professional accountancy body and one of the leading professional services firms, fostering a shared commitment to excellence and enhanced methodology in the Sri Lankan business landscape.
The MOU signing was attended by key representatives from both ACCA Sri Lanka and KPMG Sri Lanka. This collaborative endeavour signifies a commitment to advancing the standards of the accountancy profession, promoting knowledge sharing, and nurturing the next generation of finance professionals in Sri Lanka.
The Memorandum of Understanding (MOU) between ACCA Sri Lanka and KPMG Sri Lanka is set to bring forth a range of impactful initiatives. Firstly, the agreement outlines a strategic focus on Knowledge Sharing Initiatives, with plans for collaborative seminars, workshops, and knowledge-sharing sessions aimed at providing invaluable industry insights and fostering professional growth. The partnership also emphasizes Professional Development Opportunities, signaling a joint commitment to creating avenues for continuous growth, ensuring that finance professionals remain informed about the latest industry trends and developments. Furthermore, the MOU is poised to enhance networking opportunities through organized events, facilitating connections between ACCA members and affiliates with professionals at KPMG Sri Lanka, thereby creating fruitful prospects for collaboration and career advancement. Lastly a significant aspect of the collaboration is the dedication to Research and Thought Leadership , involving joint efforts on research projects and the development of thought leadership pieces aimed at contributing to the progressive evolution of the finance and accounting profession in Sri Lanka.
Nilusha Ranasinghe, Head of South Asia for ACCA, expressed her enthusiasm about the collaboration, stating, “This partnership with KPMG Sri Lanka is a testament to our dedication to providing our members, affiliates, and students with unparalleled opportunities for growth and development. By joining forces with KPMG, we aim to create a platform for knowledge exchange, networking, and professional enrichment in the dynamic landscape of the finance and accounting sector.”
Suren Rajakarier, Chief Operating Officer and Head of Audit at KPMG Sri Lanka and Maldives, highlighted the strategic importance of the collaboration saying ‘ At KPMG , we are committed to contributing to the continuous development of the finance and accounting profession in Sri Lanka. Partnering with ACCA Sri Lanka aligns with our vision to nurture talent and share industry insights. We also recognize that such collaborations shape opinions and drives creativity.’
Both ACCA Sri Lanka and KPMG Sri Lanka are confident that this collaboration will serve as a catalyst for excellence in the finance and accounting sector. The synergy between these two industry leaders is expected to create a positive impact on the professional development landscape in Sri Lanka, ultimately benefiting the broader business community.