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Auditor General’s Office signs a Memorandum of Understanding with Institute of Chartered Accountants of the Maldives

13 Oct 2020

Auditor General’s Office (AGO) and The Institute of Chartered Accountants of the Maldives (CA Maldives) has signed a memorandum of understanding today.  The MOU was signed in order to facilitate a collaborative effort between both parties especially during the transitional period of the institute where structure and policies will be formulated. The development of the accountancy profession in the Maldives being mandated to the Auditor General under the Audit Act (4/2007), AGO is obliged to provide any assistance in the development of the CA Maldives and the MOU paves the way to facilitate the requirements.

The MOU was signed by Director of Corporate Services, Mr. Adam Naseer from AGO and on behalf of the CA Maldives, Vice President of the Council Mr. Hassan Mohamed.

The MOU also establishes the mechanisms to share the resources, equipment and personnel of AGO for the operational use of the CA Maldives. It also ensures future opportunities for the staff of AGO on the training and development programs conducted by CA Maldives. The MOU stands for the transitional period of the council which is four years.