ACCA and the Association of Certified Finance Professionals of Uzbekistan (ACFP) have agreed a joint examination scheme (JES) designed to enhance accountancy education and knowledge in the country.
The JES is focused on ACCA’s Advanced Diploma in Finance and Business in Russian (ADFBR). The ADFBR comprises seven exams and the Professional Ethics Module. As part of the JES individuals will have the opportunity to take examinations in taxation and law in compliance with Uzbekistan’s legislation. This access will be facilitated following the accreditation of exam programs by ACCA. Students who successfully complete the ADFBR will satisfy the Ministry of Economy and Finance of Uzbekistan’s requirement for the international certificate of finance specialism and gain or renew the auditor’s qualification certification.
In addition after completing the ADFBR students will be eligible to transfer to ACCA’s Strategic Professional level.
Commenting on this, ACCA Central Asia head, Zhanna Ikenova, said: “ACCA is delighted to have signed this JES, the first one ACCA has completed in Central Asia. We look forward to working with ACFP advancing accountancy education in Uzbekistan.”
The JES is expected to run for an initial five-year period.
ACFP director, Mumin Ashurov, said: “We look forward to seeing students start to study the joint qualification. We are confident it will increase accountancy knowledge and expertise and will contribute to economic growth in the country.”
Both ACCA and ACFP expect the deal will also mean the two bodies will work together on other collaborative activities including exploring working together on the United Nations Sustainable Development (UNSDG) goals.
