Representatives of UD-DUE and CPA Australia during the MoU signing ceremony. Credit: The University of Danang.

The University of Danang University – University of Economics (UD-DUE) in Vietnam has signed a memorandum of understanding (MoU) with Association of Certified Public Accountants Australia (CPA Australia) to improve accounting, auditing, and finance training quality.

This collaboration is set to open new avenues for skill enhancement and knowledge acquisition for both educators and students.

In a press statement, UD-DUE said: “The two sides signing the MOU today will open up opportunities for skill development and access to in-depth knowledge for lecturers and students to participate actively in academic exchange activities and projects with partners, affirming the prestige and academic performance of UD-DUE in specialised fields of strength.”

Both institutions will leverage the alliance to bolster connections that will enhance educational quality, facilitate academic exchanges, and foster career development in the pertinent fields, thereby contributing to community value and sustainable development goals.

Under the terms of the MoU, UD-DUE and CPA Australia will exchange faculty and students and embark on joint academic and research projects.

Moreover, CPA Australia has given recognition to two of UD-DUE’s programmes, the Bachelor of Accounting and Bachelor of Auditing.

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Earlier this month, The Filipino Times reported that the Philippine Institute of Certified Public Accountants in Dubai (PICPA Dubai) and CPA Australia signed a MoU to boost Filipino opportunities.

This agreement seeks to improve mutual collaboration by promoting professional and educational standards as well as support the internationalisation of the accounting profession.