The Association of Chartered Certified Accountants (ACCA) and the Association of Certified Fraud Examiners (ACFE) have entered into a collaborative agreement to tackle business fraud.
The organisations have formalised the partnership by signing a memorandum of understanding (MoU).
The MoU, which will last for an initial term of three years, aims to explore further opportunities for joint research projects.
It will also facilitate the creation and delivery of professional development programmes, including continuing professional development and continuing professional education.
ACCA chief executive Helen Brand said: “ACCA has had a long-standing commitment to empowering members to better address and manage fraudulent activities, focused on improving risk assessment, robust controls and forensic auditing.
“This MOU reinforces that commitment. We look forward to working with fellow global professional body ACFE in promoting the highest ethical business standards.”
The collaboration will focus on enhancing thought leadership research and educational initiatives, with a particular emphasis on combatting fraud within the business sector.
This alliance will expand on existing research efforts, including an upcoming ACCA publication on fraud prevention.
ACFE CEO John Warren said: “Together, ACFE and ACCA memberships include thousands of professionals in countries around the world. This strategic partnership between our organisations is a natural fit in pursuit of one common goal: fighting fraud.
“Teaming up with ACCA opens many doors to collaboration, thought leadership and more. We’re thrilled for the bright future that lies ahead.”
