January 2009

New research in emerging economies to be encouraged by global partners

Two leading global bodies are to work together on high level research initiatives to contribute towards the debate on developing world–class standards of accounting practice and will be focusing on encouraging research in the emerging economies.
 
The IAAER (International Association of Accounting Education and Research) and ACCA (the Association of Chartered Certified Accountants) have signed a collaboration agreement to work together over the next three years to promote detailed research which will help to inform and influence the development of accounting and auditing standards.
 
The bodies, which have already worked together successfully on a number of projects, will be calling for research studies relating to standard setters and organising research roundtable meetings. IAAER and ACCA, which are committed to working to support developing economies, will also be working to support academic research in those countries by organising workshops and organising a mentoring programme for emerging scholars.
 
Helen Brand, ACCA Chief Executive said: “ACCA is excited about the prospect of working with IAAER even more closely over the next three years, particularly in terms of encouraging and support research in the transitional economies. With the next wave of globalisation and the increasing influence of new markets, our two organisations are committed to supporting the highest levels of research in emerging economies to ensure standards reflect the new realities and needs of global trade.”
 
Professor Donna Street, IAAER President, said: “We are delighted to have signed this MoU with ACCA, which formalises our agreement to jointly sponsor an important series of projects reflecting both organizations’ strong commitment to accounting education and research.  The MoU enables IAAER to, in partnership with ACCA, go forward with priority projects aimed at encouraging and supporting policy relevant research and building the research skills and capacity of junior scholars based in emerging countries.”   
 
ENDS
 
Note to editors:
 
For further information, please contact
Colin Davis, Head of International Communications
Tel: +44 (0) 207 059 5738
e-mail:  colin.davis@accaglobal.com

Caroline Oades, ACCA Head of Research; Professor Robin Jarvis, ACCA Head of SME Affairs; Dr Steve Priddy, Director - Technical Policy & Research; Neil Stevenson, ACCA Executive Director - Brand; Adrian Berendt, LCH Clearnet and ACCA Research Committee member; Professor Donna Street, IAAER President; Professor Günther Gebhardt, IAAER Vice-President, Research and and ACCA Research Committee member; Professor Alfred Wagenhofer, IAAER; Katherine Ng, ACCA Research Coordinator.

Richard Aitken-Davies, ACCA President; Professor Donna Street, IAAER President