ICAEW has partnered with the Iraq Union of Accountants and Auditors to help rebuild the country’s accountancy profession in an agreement that will “strengthen the relationship between the two countries”.
ICAEW President David Matthews and Mr Jawad Al-Shehele, President of the Iraq Union of Accountants and Auditors (IUAA), co-signed an agreement to strengthen the accountancy profession in Iraq and build foundations to support the country’s economic growth on Monday 15 March 2021.
The IUAA was established in Baghdad in 1969 and is recognised under Iraqi law as Iraq’s sole national accountancy body. ICAEW’s International Capacity Building (ICB) team will work with IUAA to prepare a three-year strategic plan, which reviews its strengths and weaknesses to boost priority areas and increase growth.