AIA Enters Into Agreements With Shanghai-based ORACLE BAY Co.,
Ltd. and the Shanghai University of Finance and Economics
2010-09-23 15:26
SHANGHAI, Sept. 23 /PRNewswire-Asia/ -- On September 10th, the
Association of International Accountants (AIA) and the
Shanghai-based ORACLE BAY CO., LTD. reached an agreement of
cooperation and held a signing ceremony for the agreement at ORACLE
BAY's headquarters. That afternoon, AIA also signed an agreement
with the Shanghai University of Finance and Economics to establish
a joint training program on International Financial Reporting
Standards (IFRS) and Auditing.
The goal of AIA's collaboration with ORACLE BAY is to provide
participants with more opportunities to engage in academic
exchange, as well as provide specialized guidance with regards to
career planning. On the sharing of academic resources, the
agreement reached by the two organizations will allow the organic
integration of human resources exchange and opportunities for
hands-on engagement thus creating a well-equipped center for
participants who have aspirations in the accountancy and financial
sector. With regards to accreditations, this agreement will be of
great benefit to both parties. On the matter of communication
between job-seekers and companies' HR departments, this
collaboration will create an opportunity for freer decision making
for both professionals in the financial sector and companies in
search of employees.
ORACLE BAY, an organization that serves as a gathering place and
launch pad for professionals in the accountancy and financial
sector, will hold regular academic programs in finance as well as
activities promoting exchange for outstanding professionals in the
financial sector. The company will also provide currently employed
professionals in the field with the opportunity to pursue further
studies and gain additional accreditations. ORACLE BAY coordinates
companies' needs, the resources of institutes of higher education,
and the various capabilities of professionals, in order to create a
platform for educational experience and achievement. The company
aims to bring in academic programs in finance from well-known
schools both in China and abroad, as well as accreditation courses
from Chinese and foreign financial industry associations, in order
to provide finance professionals under its guidance with excellent
further education and degree-granting educational programs as well
as high-level licensing programs and accreditation services.
AIA entered China in 1997, and in the same year authorized Metro
Consulting (Shanghai) to oversee its training programs in the
country. More than 80% of the training programs' graduates are
high-level management executives in multinational companies. In
recent years, AIA has actively promoted its expansion in the
Asia-Pacific region as well as its programs of cooperation with
mainland Chinese and Hong Kong accounting organizations, and it is
a member of the British Chamber of Commerce in China. The academia
of Metro Consulting (Shanghai)have extensive experience in the
accountancy and financial field, which enables them to promote the
complete integration of theory and practice in AIA's courses. Metro
Consulting (Shanghai) has also established a Career Development
Center (CDC) for participants, which enables its students and
graduates to receive free-of-charge services in the area of career
placement.
The agreement of cooperation established between AIA and the
team of lecturers at the Shanghai University of Finance and
Economics will focus on comprehensive research of the newest
changes in IFRS and auditing and will set up a professional
curriculum for the study of IFRS and auditing. This program aims to
help participants to gain a complete understanding of the entire
framework of IFRS, become familiar with the preparation of IFRS
statements, effectively solve accounting and management related
problems that may come up on the job, and understand the latest
changes in IFRS as well as the impact of these changes.
Upon completion of the course, participants may choose to take
the public examinations for IFRS or auditing held by AIA. Those who
pass the examination will be awarded a Diploma in International
Financial Reporting Standards or a Diploma in Auditing by the AIA,
as well as a Certificate of Completion for the Course in
International Financial Reporting Standards or a Certificate of
Completion for the Course in Auditing by the Center for Academic
Exchange of the Shanghai University of Finance and Economics.
The Shanghai University of Finance and Economics was founded in
1917, and is the longest-standing institution of higher learning
dedicated to the study of finance and economics in China. Under the
authority of the Ministry of Education, it is included in the
National 211 Program, the 985 "Excellent Academic Innovation
Platform," and the National High Level University Construction
Program.
Contact:
Iris Kim
Communication Executive
+86-21-6448-1228(Tel)
+86-21-6448-1698(Fax)
[email protected]
SOURCE Association of International Accountants