The Association of Chartered Certified Accountants (ACCA) has announced that it has suspended operations in Russia amid the ongoing war in Ukraine.
The suspension includes in-market activities including exams, and the association said it is taking steps to manage this transition “responsibly”.
However, members and students in Russia will continue to be part of the global ACCA community.
In a recent statement, the association said it is supporting its Ukrainian members and students with information on legal and humanitarian issues, as well as CPD support, and it has waived fees for the year.
The ACCA added that it is encouraging employers from across Poland and other European countries to post job vacancies on the ACCA Careers jobs board aimed at Ukrainian members and students forced to leave their country.
The association also announced that it will continue to follow and support government sanctions in its own operations.
The ACCA said: “We continue to condemn Russia’s invasion of Ukraine and wish to see a just and peaceful end to this horrific war. Our thoughts are with our Ukraine community as they face these tragic events.
“Our aim remains the same at this sad and challenging time – to provide opportunity to people of ability and to develop the world’s accountancy profession, irrespective of location, and to work for the public good.”