MoU on quality of accounting programmes signed

21 Jun 2017 15:50pm
WINDHOEK, 21 JUN (NAMPA) - The National Council for Higher Education (NCHE) and the Institute of Chartered Accountants of Namibia (ICAN) have signed a Memorandum of Understanding (MoU) to improve the quality of accounting educational programmes.
The MoU was signed in Windhoek on Wednesday by Executive Director of the NCHE Secretariat, Mocks Shivute and Chief Executive Officer (CEO) of ICAN Secretariat, Koos du Toit.
According to Du Toit, the MoU focuses on the field of accounting only.
“There are international standards in accounting that one cannot overlook to become successful, and this is exactly our focus,” he told Nampa.
Du toit said they had developed a NCHE-ICAN integrated accreditation manual, which entails all the guiding details for the realisation of the signed MoU.
Shivute assured that the activities contained in the MoU will be executed timely with the main focus on the improvement of talent locally in the field of accounting.
Permanent Secretary of Higher Education, Training and Innovation, Dr. Alfred Van Kent told Nampa at the event that as soon as the manual is ready, another agreement will be signed with the University of Namibia (UNAM) for evaluation purposes.
Van Kent said the gap between the labour market and the institutions of higher learning should be narrowed by ensuring quality in the country's education system.
Van Kent said companies, with the exception of those in the vocational trades sector, are reluctant to offer internships to students.
He attributed this to the widening gap between the labour market and the tertiary education sector.