Ernst and Young Maldives awarded Platinum Approved Employer status by ACCA Sri Lanka

Wednesday, 26 March 2014 00:01 - - {{hitsCtrl.values.hits}}

The Association of Chartered Certified Accountants (ACCA) the world’s largest and fastest-growing international accounting body has been increasing employer demand for students and members by working closely with employers to promote the value of their qualifications. This is achieved through ACCA’s Employer Accreditation scheme that is designed to recognise organisations which provide appropriate training for their ACCA staff and helps ensure that employers are aware of how best to support their staff in their studies. Within ACCA’s Employer Accreditation scheme, the Platinum Approved status is the highest level to be awarded .This award is presented to employers who meet ACCA’s statements of best practice in all six areas that consist of study support work experience requirements, supervision, appraisal and workplace development, training records and continuing development. The scheme is a 360 degree solution for recruitment, retention and development of accounting and Finance professionals, who not only come with an in-depth knowledge and skill background, but also deliver to the highest standards of professionalism and ethics. Ernst and Young Maldives were recently awarded the Platinum Approved Employer Trainee Development status by ACCA Sri Lanka. In order to achieve the Platinum status recognition , Ernst and Young Maldives had to show their personally focused training programs in place for all employees, the support extended for study and examination programs, their on-going personal development programs that are in place and relevant practical experience provided to their employees. Commenting on this achievement, Ernst and Young Maldives Partner Krishna Rengaraj stated that the need for well qualified and trained accountants to support the businesses in the Maldives is paramount, particularly after the introduction of taxes and IFRS based reporting requirements obligated by various stakeholders. “We are delighted to be awarded ACCA Platinum status. This provides avenues for quality training and furthers the opportunities for development of the accounting profession in the Maldives. We look forward to working with ACCA.” ACCA Sri Lanka Head Nilusha Ranasinghe stated: “Today more than ever, finance professionals have a critical role to play in creating value for the industry and to provide information transparently and to maintain robust controls in the current environment. Our Employer Accreditation scheme is an initiative taken by ACCA to provide our students and members with professional learning and development opportunities that will support this key objective. We at ACCA greatly value the opportunities Ernst and Young Maldives provide to ACCA students and members to gain an internationally recognised qualification to pursue varied and rewarding careers.” ACCA’s Platinum Approved Employer status is underpinned by a proactive working relationship between ACCA and Ernst and Young, that includes ACCA contributing their support to a number of areas, such as presentations and workshops for trainees, continuing professional development, networking and other events for finance professionals and support to help learning and development personnel monitor and manage performance.