Prof. Alan Au Kai-ming, Dean of the Lee Shau Kee School of Business and Administration of the OUHK (left) and Ms Deborah Leung, Country Head of Greater China of CPA Australia (right) sign the MOU today to jointly offer a new Master of Accountancy programme.
(From left) OUHK representatives Dr Mandy Li and Prof. Alan Au, and CPA Australia representatives Mr Ivan Au and Ms Deborah Leung officiate at the Plaque Unveiling Ceremony.
The Open University of Hong Kong (OUHK) and CPA Australia signed a Memorandum of Understanding (MOU) today (9 May) to jointly offer a new Master of Accountancy programme (MACF) in September 2017. The programme introduces a faster way for people to attain a professional qualification as it allows students to concurrently enroll and prepare for the CPA Program subject examinations of CPA Australia in Hong Kong.
Prof. Alan Au Kai-ming, Dean of Lee Shau Kee School of Business and Administration of the OUHK and Ms Deborah Leung, Country Head of Greater China of CPA Australia signed the MOU at a ceremony held at the OUHK campus. Under the agreement, the OUHK will collaborate with CPA Australia to integrate its CPA Program subject examinations into the MACF programme. Graduates of the programme will be able to obtain a CPA (Aust.) designation after meeting the practical experience requirement.
At today's ceremony, Prof. Au said that he is pleased to see the OUHK and CPA Australia expanding their collaboration to nurture more accounting professionals with a global dimension.
"OUHK and CPA Australia have been enjoying a long standing relationship with each other as we have shared common vision in nurturing professionals with high competence. It allows us to bring together expertise and experience into this partnership to make it a success. Through our efforts and commitment, we will create greater synergy in promoting the development of continuing professional education in Hong Kong." Prof. Au said.
Ms Deborah Leung was delighted that CPA Australia is cooperating with OUHK and said, "We are more than happy to collaborate with OUHK in this programme. As one of the world's largest accounting bodies, CPA Australia focuses on advancing members' interests through education and knowledge exchange. Students in this programme will be taught in face-to-face classes in the OUHK, meanwhile they can also gain the latest accounting knowledge throughout the world and broaden their professional network through utilizing CPA Australia's extensive online resources and participating in our events such as Continuing Professional Development courses, forums and networking events. So this programme can benefit the students in many ways."
The MACF programme is specifically designed to enable students to build advanced skills and knowledge leading towards a master's degree as well as a CPA (Aust.) qualification with an integrated and global approach. The OUHK will provide comprehensive support to the students while they prepare for the CPA Program subject examinations. Students will become Associate Members of CPA Australia after enrolling in the programme, which enables them to gain access to valuable resources to enhance their careers.
The programme will be taught in face-to-face mode. Those who are interested to enroll can choose to study full-time for two years or part-time for four years. The basic entry requirement is a recognized degree in a business-related area or an equivalent qualification with at least three years of supervisory/managerial experience. Full-time students will be able to complete the programme in 18 months.
In addition to the MACF programme, graduates of the other two programmes, the Bachelor of Business Administration with Honours in Professional Accounting and Bachelor of Business Administration with Honours in Accounting, are also recognized by CPA Australia. They are entitled to claim exemptions of all the eight papers at foundation level of the CPA program.
About the OUHK:
Established by the Government in 1989, The Open University of Hong Kong (OUHK) has developed into a full-fledged university providing high quality and flexible university education at various levels to secondary school graduates and working adults. The University currently offers about 220 programmes to more than 10,000 part-time students and 9,500 full-time students. Our mission is to advance learning, knowledge and research that meet students' learning aspirations and society's talent needs, focusing on practical and professional programmes.
OUHK comprises four Schools, i.e. School of Arts and Social Sciences, Lee Shau Kee School of Business and Administration, School of Education and Languages, and School of Science and Technology. The Li Ka Shing Institute of Professional and Continuing Education offers overseas degree programmes and short courses.
About CPA Australia:
CPA Australia is one of the world's largest accounting bodies with more than 160,000 members working in 118 countries around the world, with more than 25,000 members working in senior leadership positions. It has established a strong membership base of more than 17,000 in the Greater China region. CPA Australia advances its members' interests through its focus on education and knowledge exchange, the development of professional networks, advocacy in relation to policy, standards and regulation and the promotion of value of CPA Australia members to employers, government, regulators and the public. The CPA Australia designation denotes strategic business leadership and is recognized and valued throughout the world.
CPA Australia has offices in all Australian capital cities, Hong Kong, Beijing, Shanghai, Guangzhou, Indonesia, Malaysia, Singapore, Vietnam, New Zealand and the United Kingdom.
Ms Carmen Pan, Public Relations Manager
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