Bengaluru, July 22, 2024: ACCA (the Association of Chartered Certified Accountants), a globally recognised professional accountancy body, and K J Somaiya Institute of Management, Mumbai, announced signing a Memorandum of Understanding (MoU) to enhance educational opportunities in the field of accountancy. The signing was officiated by Prabhanshu Mittal, ACCA’s Head of Educational Partner Relationships, and Dr Raman Ramachandran, Director & Dean of K J Somaiya Institute of Management, Somaiya Vidyavihar University.

This collaboration aims to enrich educational opportunities in the field of accountancy by providing students with a globally recognised qualification and fostering excellence in academic and professional development. ACCA, a distingusied global professional accountancy body, and the K J Somaiya Institute of Management, renowned for its academic excellence, are set to transform the learning experience for aspiring finance professionals.

As a part of this MoU, ACCA will collaborate with K J Somaiya Institute of Management, Mumbai to facilitate academic collaboration through joint academic programs, workshops, and seminars. Additionally, ACCA will also implement joint initiatives for professional development, including train the trainer and faculty development sessions. Furthermore, ACCA will work together with the institute to cultivate a culture of innovation and research in the field of accountancy, contributing to the advancements in the profession.

This partnership reaffirms the shared vision of ACCA and K J Somaiya Institute of Management to drive innovation and excellence in finance and accountancy education, empowering future professionals to thrive in a rapidly evolving global landscape.

On occasion of the MoU signing Md. Sajid Khan, Director- India, ACCA said: ‘We are thrilled to partner with the K J Somaiya Institute of Management, a prestigious institution known for its commitment to academic excellence. By combining ACCA’s global expertise with the institute’s strong academic foundation, we are paving the way for students to gain a world-class education and professional qualification. Our goal is to nurture the next generation of finance professionals who are not only proficient in their field but also equipped to drive innovation and progress in the global financial landscape.’

Dr Raman Ramachandran, Director & Dean, K J Somaiya Institute of Management, Mumbai added, ‘We are excited to join forces with ACCA. This partnership marks a significant milestone in our mission to provide students with unparalleled educational and professional development opportunities. By integrating ACCA’s globally recognised qualifications into our curriculum, we are not only enhancing the academic experience but also ensuring our students are well-prepared to meet the demands of the global financial industry. Together, we are committed to fostering a dynamic learning environment that emphasises innovation, research, and practical expertise.’

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The MoUs encompass partnerships with both public and private entities to foster innovation, research, and knowledge exchange in multiple domains, ushering in a new era of collaboration in education and industry-academia linkages.

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A Memorandum of Understanding (MoU) was signed between Standing Conference of Public Enterprises (SCOPE) and the Institute of Cost Accountants of India for a Knowledge partnership facilitating capacity enhancement programs, research & studies, sector-specific skilling initiatives, etc. The MoU was signed by Shri Atul Sobti, Director General, SCOPE, and CMA Vijender Sharma, President, The Institute of Cost Accountants of India in the presence of Members of SCOPE Committee on Financial Management, senior officials of the Institute and SCOPE.

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Government sources said there is “needless speculation” on why the Chinese President’s visit wasn’t announced until today.” We have had a clear confirmation for weeks but we had jointly decided to announce it only a couple of days earlier,”

The summit will take place in the ancient coastal town of Mamallapuram near Chennai. The two leaders had their inaugural informal summit in China’s Wuhan in April last year.

“At the invitation of the Prime Minister, the President of the People’s Republic of China H.E. Mr. Xi Jinping will be visiting Chennai, India from October 11-12, 2019 for the 2nd Informal Summit,” the foreign ministry said. It said the Chennai Informal Summit will offer an opportunity for the two leaders to continue their discussions on overarching issues of bilateral, regional and global importance.

No Memorandum of Understanding (MoU) will be signed and no joint statements will be issued during the meet which will be strictly informal, government sources said.

Ahead of Xi Jinping’s India visit, China said the Kashmir issue should be resolved between New Delhi and Islamabad, significantly omitting its recent references to the UN and UN Security Council resolutions.

Meanwhile Pakistan PM Imran Khan , is on his third China and meeting the Chinese President today. Chinese Foreign Ministry spokesman Geng Shuang said that China’ stand is that the Kashmir issue should be resolved between India and Pakistan.

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