Hyderabad: Department of Commerce, Osmania University (OU) has signed an MoU with the Association of Certified Chartered Accountants (ACCA), a global body for professional accountants to grant ACCA qualification to university students.
As per the agreement, B.Com or M.Com students of the OU can also study the ACCa course and they will get an exemption from five papers out of 13 in the ACCA. Students clearing the remaining eight papers will get a B.Com or M.Com degree with an ACCA certificate, which is recognized in more than 180 countries.
Speaking on the occasion, OU Registrar Prof. P. Laxminarayana stressed the need for the Professor of Practice to bridge the gap between theory and practice in terms of having industry experts in teaching. ACCA India Director Sajid Khan said that the ACCA qualification gives up-to-date skills that the students need to become finance professionals.
Chairman Board of Studies Prof. V. Appa Rao explained the changing aspects of the accounting profession world over. (Maxim News)
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