A Memorandurn of Understanding (MoU) was signed between Department of Accounting Faculty of Management Studies and Commerce and ACCA on the June 08, 2022 at the Board Room of the Faculty of Management Studies and Commerce. This agreement will pave way for the Department of Accounting, Faculty of Management Studies and Commerce at the University and ACCA to work in collaboration to ensure that students gain the requisite accountancy capability to meet the needs of a globalised and challenging marketplace The MoU signing ceremony took place virtually and was graced by the leadership teams of both organisations Prof S Srisatkunarajah, Vice-Chancellor – University of Jaffna. Sri Lanka, and Ms.N I usha Ranasinghe – Head of South Asia at ACCA signed the MoU on behalf of the rescective rganisatIons and were joined by Prof.B.Nimarathasan. Dean- Faculty of Management Studies and Commerce and other faculty members.