A college degree is still sufficient to qualify for the ACCA qualification from the UK.

With the support of the ACCA Association, many colleges in Vietnam are capable of training accountants to international standards, achieving high pass rates for the UK's ACCA certification.

On the afternoon of October 29th, at the conference summarizing the implementation of the memorandum of cooperation in vocational education in accounting and finance between the Association of Chartered Certified Accountants (ACCA) and the Ministry of Education and Training, representatives from ACCA Vietnam stated that, with the support of the association, colleges in Vietnam can fully train accountants to international standards. The fact that students from a college in Ho Chi Minh City ranked in the top 6 globally in the ACCA certification exam in June 2024 is a testament to this.

Ms. Khuat Thi Lien Huong, from the ACCA Vietnam Association, shared the results of ACCA's support for colleges.

PHOTO: MAI HUONG

According to Ms. Khuat Thi Lien Huong, Head of Training at ACCA Vietnam, in over 20 years of presence in Vietnam, ACCA has collaborated with nearly 50 universities, contributing to the formation of a team of accounting and finance professionals meeting international standards. Since 2023, ACCA has expanded its cooperation to the college sector through a memorandum of understanding with the Department of Vocational Education and Continuing Education, Ministry of Education and Training.

After 2.5 years of implementation, the ACCA Diploma in Accounting and Business (RQF Level 4) has been integrated into the VQF Level 5 college program in Vietnam. Currently, collaborative efforts to integrate the foundational program into college training have been implemented in 10 schools. ACCA will continue to support more schools in the future.

This is a breakthrough in vocational education, helping college students access knowledge and skills according to international standards, while also facilitating the recognition of qualifications and articulation into the global labor market.

Nguyen Ngoc Dang Khoa achieved the highest score in Vietnam and is among the top 6 in the world for the FA1 subject in the June 2024 exam.

PHOTO: ACCA VIETNAM

Over 98 students enrolled in the Foundation in Accountancy (FIA) program; more than 75 students took the ACCA exams, with a pass rate of 52%. Notably, Nguyen Ngoc Dang Khoa, a student from the Ho Chi Minh City College of Economics, achieved the highest score in Vietnam and ranked among the top 6 globally in the FA1 (Financial Transaction Recording) subject of the June 2024 exam. "The fact that college students achieved such impressive results is clear evidence of the effectiveness and practicality of the integrated training program," Ms. Huong said.

At the conference, ACCA officially handed over the Vietnamese translation of the Foundation Accounting Program (FIA), helping students overcome language barriers and access the international program effectively.

According to Mr. Pham Vu Quoc Binh, Deputy Director of the Department of Vocational Education and Continuing Education, translating all seven subjects of the FIA ​​program into Vietnamese is a strategic step to help colleges integrate global standards into their training programs quickly and effectively.

The Association of Chartered Certified Accountants (ACCA) is the world's largest professional accounting organization, with a network of over 252,000 members and 526,000 students globally. ACCA qualifications and certifications are highly regarded by employers worldwide across all sectors.

Source: https://thanhnien.vn/hoc-cao-dang-van-du-trinh-do-thi-lay-chung-chi-acca-cua-anh-185251029182059941.htm