Collaboration between ACCA and AGP aims to elevate standards of finance professionalism in the public sector

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ACCA, the Association of Chartered Certified Accountants, and the Auditor General of Pakistan (AGP) have signed a Memorandum of Understanding (MoU), marking a significant agreement between the two organizations. The key areas of focus under the MOU include joint initiatives to enhance the capacity building of public sector finance professionals and to support the Public Financial Management (PFM) transformation in Pakistan. AGP and ACCA will also collaborate on specialised training opportunities, such as cyber security, data analytics, and ERP, which will be delivered through ACCA’s global accountancy partnerships and international academic network.

During the MoU signing ceremony, ACCA President Joseph Owolabi presented ACCA’s Approved Employer accreditation to the Auditor General of Pakistan, recognising AGP’s high standards of staff training and development. The Accreditation will ensure AGP has access to ACCA’s globally sought-after talent with the right skills, ethics and competencies to drive AGP’s vision of a model supreme audit institution adding value to national resources.

The Auditor General of Pakistan, Muhammad Ajmal Gondal, commented that the MoU will cement the ongoing collaboration between AGP and ACCA on various initiatives, including capacity building, to benefit the public sector in serving the nation by promoting accountability, transparency, and good governance in the management and use of public resources. The partnership will support the acceleration of the Government’s efforts to modernize PFM, improve delivery of essential public services, and garner public trust.

ACCA President Joseph Owolabi stated that the partnership with AGP through the MoU aimed at promoting professionalisation of public sector finance professionals in Pakistan will empower public servants for effective public financial management, improve fiscal transparency, and enhance public trust. Assad Hameed Khan, head of ACCA Pakistan, added that this partnership will also spotlight the professional role of public sector finance professionals towards sustainable and inclusive economic development.

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