SCA-UMT, ACCA ink MoUThursday, January 22, 2015
A Memorandum of Understanding (MoU) between UMT and the Institute of Chartered Accountants of Pakistan (ICAP) took place here on Thursday. According to the MOU, the graduates of BS Accounting from UMT will have an opportunity to pursue highly recognised Chartered Accountancy qualification. These graduates would be able to avail exemption from eight papers of the CA examinations.
Similarly ICAP students who have cleared the respective ICAP subjects and ICAP members would be able to avail exemptions in the mapped subjects of BS Accounting at UMT.
The MOU was signed by Director General UMT, Abid HK Sherwani and Yaqoob Suttar, President ICAP at UMT campus Lahore.
Director General UMT, Abid HK Sherwani shared his thoughts and told that students doing degrees in accounts and other professions have a great future not only in Pakistan but around the world.
He said that we have good faculty staff and competitive graduates. Our alumni are giving their services not only in Pakistan but around the world.
We are also going to start UMT's another campus in Dubai. He also said that the UMT is enough suitable for students to get maximum professional as well theoretical knowledge of all walk of life. He also said that UMT is playing a magnificent role to build up strong linkage between academia and industry.
Yaqoob Suttar, President ICAP while expressing his views stated that this is a good opportunity from both academic institution and further enhance the competitiveness of accountancy profession.