Press release

PwC and the ICAEW celebrate examination success

Doha , Qatar : 5 December 2012 , PwC , the professional services organsition and the Institute of Chartered Accountants in England and Wales (‘’ICAEW’’) celebrates the success of the first person to obtain the prestigious Associate of the Institute of Chartered Accountants (‘’ACA’’) qualification in Qatar. Andreas Pandoulis, a member of PwC’s Assurance practice in Doha, is the first student in Qatar to achieve eligibility for full ICAEW membership after completing a rigorous set of requirements including 15 exams and 3 years of practical work experience.

PwC was the first professional services firm in Qatar to establish a partnership with the ICAEW.  The aim of this partnership, which has been running for over 4 years, is to train accomplished chartered accountants capable of supporting Qatar’s growth and ensuring that PwC provides its clients with quality services. It has also enabled PwC, as the world’s leading professional services firm, to extend its relationship with a well-established and highly regarded professional institution further beyond the United Kingdom.

The ICAEW’s Regional Director Peter Beynon said, “Becoming an ICAEW Chartered Accountant is a demanding and rigorous process, which is why the qualification is internationally recognised as demonstrating the highest professional and ethical standards. We congratulate Mr. Pandoulis on becoming the first ACA in Qatar; realising the country’s economic potential will require a pool of highly-qualified and talented finance professionals, and ICAEW will continue to support the development of the profession in the region.”

PwC Qatar Country Senior Partner, Stephen Anderson commented ‘’ We are delighted to be able to celebrate Andreas’ achievement, which further demonstrates PwC’s commitment to Qatar and its people’’. He also added, ‘’PwC would like to continue to provide these training opportunities to young people in Qatar by offering university graduates with structured training contracts to help them build a career in professional services’’.

Sponsoring ACA students is just one way in which PwC supports training initiatives for people in Qatar. We have also collaborated with the Qatar University Department of Accounting and Information Systems, the Qatar Society of CPAs, the Doha Chapter of the Indian Chartered Accountants Institute  and helped to run a well regarded Management Development Program for young Qatari managers in major oil and gas companies’’.

John Molloy, Assurance Partner in Qatar and Partner responsible for training explained ‘’ Our most valuable asset is our people. As such, it is natural for PwC to want to invest resources into employing and training highly capable individuals who will provide our clients with top quality services’’.    

PwC will continue to build its presence in Qatar as the country develops in alignment with His Highness the Emir’s 2030 vision, which is focused not only on economic development but improving social and personal development opportunities for all.

-End-

About PwC

PwC firms help organisations and individuals create the value they’re looking for. We’re a network of firms in 158 countries with more than 180,000 people who are committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com.

Established in the Middle East for 40 years, PwC has firms in Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, the Palestinian territories, Qatar, Saudi Arabia and the United Arab Emirates, with around 2,500 people. (www.pwc.com/middle-east)
PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.
©2012 PricewaterhouseCoopers. All rights reserved