The Barbados Accreditation Council (BAC) will recognise the Association of Chartered Certified Accountants (ACCA) as an Awarding Body this Friday, February 8 at the BAC’s headquarters located at "Plaza Centrale," Roebuck Street, Bridgetown beginning at 10:00 a.m.

In order to be recognised as an Awarding Body, candidate organisations are evaluated against specific criteria which determine the efficiency and effectiveness of their quality management systems to deliver the awards.

The three broad standards by which the awarding body is evaluated are Governance; Quality Enhancement and Administration and Support.

With respect to Governance, evaluation determines whether the awarding body’s corporate governance, strategic aims, objectives and policies are appropriate and are understood by all who refer to them.

Quality Enhancement addresses whether the awarding body has developed and implemented a robust quality framework that ensures a quality product is delivered to the candidates. The awarding body and its staff are viewed as committed to a quality culture of continuous improvement through review and evaluation.

The final aspect seeks to establish if the awarding body’s Administration and Support arrangements have been designed to reduce bureaucracy, are responsive to stakeholders’ needs, and are cost effective. The awarding body continually reviews its qualification provision to ensure it has, and deploys, sufficient resources to administer and support its qualification provision. ??

Brenda Lee-Tang, Head of ACCA Caribbean will be presented with the Certificate of Recognition as An Awarding Body by the Chairman of BAC, Yvonne Walkes.

The ACCA is a global body for professional accountants offering the ACCA Qualification and the Foundations in Accountancy suite of qualifications. The Association works through a network of 83 offices and centres and more than 8,500 Approved Employers worldwide, who provide employee development.

ACCA actively seeks to enhance the value of accounting in society through international research and it takes progressive stances on global issues to ensure that accountancy, as a profession, continues to grow in reputation and influence.

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