Financial Reporting Council has signed a Memorandum of Understanding (MOU) with the Association of Chartered Certified Accountants (ACCA) to strengthen their already existing partnership and ensure future sustainable financial reporting.
Rabiu Olowo, executive secretary and chief executive officer of FRC acknowledged ACCA’s unwavering support, which led to the signing of a MOU to solidify their commitment to collaboration.
The event, held in Abuja with discussions centred around crucial areas such as financial reporting, corporate governance, and the emerging realm of sustainability reporting.
The FRC Chairman stressed that their mission extended beyond promoting the work of accountants to ensuring credible financial reporting which is a shared objective with ACCA.
The collaboration aimed to hold professionals accountable for maintaining the highest ethical standards, with a joint resolve to enforce stringent measures against any misconduct,” Olowo said.
