The Association of Chartered Certified Accountants (ACCA) and the Mongolian Institute of Certified Public Accountants (MonICPA) have renewed their partnership to strengthen Mongolia’s accountancy profession.  
The agreement, renewed in mid-May 2025, focuses on providing pathways for mutual membership and emphasises public sector development in Mongolia. 
The five-year agreement highlights the collaboration between ACCA and MonICPA to promote ACCA’s Public Financial Management and International Public Sector Standards qualifications.  
Both bodies aim to engage with donor agencies to support public sector development and focus on the role and certification of accounting technicians in Mongolia. 
ACCA has committed to sharing its research and professional insights, while both organisations plan to explore collaborative research opportunities.  
ACCA Central Asia, Mongolia and Armenia head Zhanna Iskenova said: “It is so encouraging to witness the renewal of this partnership. ACCA and MonICPA share a common strong interest in the advancement of the accountancy profession in Mongolia especially in strengthening professional capacity and building accountancy infrastructure in the country. I look forward to working with colleagues in ACCA and MonICPA in achieving our mutual aims.” 
MonICPA CEO Baasandorj Oyunbaatar said: “MonICPA is committed to carry on the excellent work we have already achieved with ACCA. At its heart this relationship promotes the highest profession, ethical and governance standards and by doing that clearly advances the public interest.  
“We are keenly interested in co-operating with ACCA on professional training education and examinations.” 
In addition to the partnership with MonICPA, ACCA recently collaborated with the Astana International Financial Centre (AIFC) Green Finance Centre.  
In April 2025, the association hosted a seminar in Astana, Kazakhstan, to enhance the understanding of sustainability disclosures among Central Asian regulators and business leaders. 
The Capacity Building Seminar provided insights into International Sustainability Standards Board standards, featuring case studies and practical training on preparing sustainability reports focused on IFRS S1 and S2.

Published Date:2025-05-23