CPA Ireland and EICPA Russia Memorandum of Understanding

The Institute of Certified Public Accountants in Ireland (CPA Ireland) has signed a Memorandum of Understanding which further extends the Institute’s international network and influence.

The Institute, and Association of Eurasian Institute of Certified Public Accountants (EICPA) as represented by its member, The Institute of Certified Public Accountants in Russia (CPA Russia) are delighted to announce the signing of a Memorandum of Understanding (MoU) between the two institutions and EICPA association members (Russia, Kazakhstan, Kirgizstan, Belarus and others).

Under the terms of the Memorandum, the parties agree to cooperate and assist each other across a range of areas including education, training, examination, accounting, auditing, ethics and member body development.

The parties have also agreed to cooperate and assist each other on matters pertaining to Small and Medium Enterprise (SME) and Small and Medium Practice (SMP) and on education in International Public Sector Accounting Standards (IPSAS).

Eamonn Siggins, Chief Executive of CPA Ireland explains the significance of the agreement, “We are very pleased that CPA Russia professional organisation (PO) has decided to partner with us in the delivery of IPSAS training in Russia. Governments and stakeholders around the world are increasingly pressing for good management of public finance and we, as accountants, must lead from the front, as we all still continue to learn the lessons of the global economic crises.

“This new and exciting partnership between CPA Ireland and CPA Russia PO will help ensure that strengthened public financial management is delivered within Russia”

Speaking at the signing, Vice President CPA Russia Vladimir Zharinov said “We are delighted that  CPA Ireland and EICPA/CPA Russia signed this MoU that sets out the basis for a future co-operative relationship. The MoU has been created to reflect the interests of both parties, which are unified in their commitment to serve the public interest through enhanced public financial management. The IPSAS certificate program is a great CPD opportunity for EICPA members to study IPSAS and be on the cutting edge of public interest and accountancy profession.