The Association of Chartered Certified Accountants (ACCA) and COLABS have signed a Memorandum of Understanding (MoU) to further their partnership in Lahore, on May 12, 2023. The MoU places a strong emphasis on developing capacities, exchanging knowledge, and raising awareness about important subjects such as financial capabilities, business planning, business valuation, financial modeling, business ethics, governance frameworks, and investment management.

In the presence of top management from both organizations, the MoU was signed in Lahore by Assad Hameed Khan, Head of Pakistan for ACCA, and Omar Shah, Founder & CEO of COLABS.

‘The MoU with ACCA provides the guiding principles for various activities to enhance cooperation between ACCA and COLABS in building the financial capacity of COLAB’s partner organizations. This includes the organization of capacity-building workshops and webinars to disseminate information about both organizations’ mandates and scope of activities. The MoU also includes awareness sessions for COLABS partner organizations on different programs, such as the ACCA Approved employer program and ACCA learning certificates,’ said Omar Shah.

Assad Hameed Khan, Head of ACCA Pakistan, highlighted: ‘This partnership provides an outreach and opportunities platform for COLAB’s partner organizations, not only to upskill but also to understand their professional role in contributing to the economy of Pakistan.’

‘We look forward to working closely with ACCA to leverage our respective strengths to foster economic growth and development in Pakistan,’ added Omar Shah.

The MoU that COLABS and ACCA signed paves the way for more collaboration between the two organizations to create a calendar and plan events and activities independently or jointly for the benefit of the respective stakeholders.

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