With the expansion of the business sector in the Caribbean, and the need to enhance the disciplines necessary for the incremental efficiency of the sector, the globally recognized Association of Chartered Certified Accountants (ACCA) and the regional accountancy body, the Institute of Chartered Accountants of the Caribbean (ICAC), have signed a Memorandum of Understanding (MOU) that seeks to enhance the capabilities of accountancy in a region where the focus will be on strengthening associated skills with enhanced efficiency related to the business sector.