Page 115 - 2020 CXC Annual Report

Public Relations and Stakeholder Relationship Management

Stakeholder Engagement

ACCA AND CXC® RENEW MEMORANDUM OF The MOU will be renewed for another three-year period. In
UNDERSTANDING addition to the areas of co-operation covered in the previous
Students of Accounting at the secondary level, Accounting MOU, the renewed agreement also makes provisions for
teachers and future finance professionals across the the development of resources and content for CXC’s online
Caribbean will benefit from the renewal of a Memorandum of platform/s; technical support by ACCA members to CAPE®
Understanding (MOU) signed 23 September 2020, between teachers and students during classroom sessions and
the Association of Chartered Certified Accountants (ACCA) internship opportunities for each of the top performing CAPE®
and the Caribbean Examinations Council (CXC®). students in the major markets of Trinidad, Jamaica, Guyana
and Barbados.
In 2017, ACCA and CXC® first embarked on discussions that
would generate mutual understanding for both bodies and in For over 40 years, CXC® has contributed to the development
which Caribbean Secondary Education Certificate® (CSEC®) of the region’s human capital through its syllabuses and
Principles of Accounts and Caribbean Advanced Proficiency assessment that focus on the development of critical

Examination®(CAPE®) Accounting students and their teachers, competencies and twenty-first century skills which are
would benefit from an agreement between both bodies. Over fundamental for the world of work and further study. The first
the three-year period of the MOU, ACCA and CXC® have three years of partnership with the ACCA have supported
carried out a number of joint initiatives. These have included: CXC’s mandate to provide current and relevant syllabuses
• CAPE® Accounting teachers’ workshops on select topics and implementation support for teachers and learners. The
from CXC® subject reports. These workshops were extension of this MOU for an additional three years will
designed to equip CAPE® Accounting teachers with the therefore serve to have a positive impact on a new cohort of
requisite competencies to enhance the facilitation of the Accounting students and practitioners.
CAPE® Accounting Syllabus;
• Prize winner recognition and internship opportunities for CXC® Signs Articulation Agreement with the University of
top performing CSEC® and CAPE® students; the Commonwealth Caribbean (UCC)
• Syllabus mapping against the Foundation level and ACCA The Caribbean Examinations Council (CXC®) and the
qualification in order to identify areas in which the syllabus University of the Commonwealth Caribbean (UCC) signed an
may be more robust; articulation agreement that will allow successful candidates of
• Support of the CXC® annual Regional Top Awards the Caribbean Advanced Proficiency Examination® (CAPE®)
Ceremony; and and of the CXC® Associate Degree (CXC®-AD) from any of the
• Advertising and marketing support of various CXC® online 16 participating territories across the region, to receive credits
media. toward obtaining a bachelor’s degree from UCC in as little as
two years.

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