ACCA and CXC Sign MOU
The Association of Chartered Certified Accountants (ACCA) and the Caribbean Examinations Council (CXC) have recently signed a Memorandum of Understanding providing for the establishment of mutual co-operation between the two institutions. Several months in the making, the MOU will be for an initial period of three years and will focus on the areas of education and human capital development in the region.

The Caribbean Examinations Council, with corporate offices in Barbados, was established in 1972 under Agreement by the Participating Governments in the Area to conduct and regulate examinations, award appropriate certificates and diplomas and prescribe the qualification requirements of candidates. CXC comprises 16 Participating Countries across the Caribbean, and in its 45 years has expanded its services to include syllabus and curriculum development, test construction, teacher training and psychometric analysis among others.

Lauding the MOU signing as a significant step for ACCA in the region, Paula Marcelle-Irish, head of business development said, “ACCA is pleased to partner with CXC, the Caribbean’s premier examinations body to improve education and learning methods established for accounting, finance and management qualifications as the global environment requires a high level of professional skills, technical knowledge and professional ethics. ACCA continues to grow in its influence across the region, and partnering with CXC will speak directly to our objectives of providing unlimited possibilities to those persons possessing the aptitude and attitude for success in finance and accounting.” She added, “CXC provides quality assurance in education, administration of exams and other forms of assessment and the meeting of these two bodies can only enhance education on so many levels across the Caribbean.”

Mr Glenroy Cumberbatch, Registrar said, “CXC, a premier provider of globally competitive curriculum development services, examinations, certification and education services is delighted to partner with a global brand such as ACCA to provide incentives for Caribbean students and learning and development opportunities for Caribbean teachers. The MOU leverages a natural synergy between ACCA and CXC, and is a significant milestone in regional and international cooperation.

Collaboration will include but is not limited to: teacher workshops, syllabus review and development, support for regional top performers, employability initiatives and marketing and promotion of joint events and activities.

As part of the MOU, ACCA will sponsor the CAPE® Regional Award for Business Studies and several national awards for CAPE® Accounting and CSEC® POA.