ACCA will work with the Parliamentary Knowledge Foundation (PKF) to bring members’ experience into its “parliamentary knowledge schemes”.

The two organisations signed a memorandum of understanding in Westminster earlier this month.

Lucia Real-Martin, executive director of relationships at ACCA, said: ‘We are so delighted that ACCA is to work with this fantastic scheme.

“ACCA will look to support PKF as a key voice representing business, the public sector, financial services, and management services as well as financial inclusion issues for individuals.

“We look forward to providing expertise on how small enterprise to global corporations manage their challenges and we hope to provide MPs from every political party with essential context in financial management challenges and opportunities.

“For us this is an important way that we can amplify our members’ insights across the political spectrum.”

Jamie Anderson, CEO and founder of PKF, said: “As a society we value our teachers, engineers, tradesmen and women, medics and accountants with the ongoing tools, experience and continual development they need to do their jobs well. It is appropriate that we do the same for our MPs.

“We are delighted to have partnered with ACCA. Both for the range of experience they will bring through their members directly to the Schemes as well as the support they will give us a Foundation as we continue to expand.

“We are particularly excited to have ACCA’s broad and diverse membership base represented across the schemes. With their global experiences from across the public, charity, and private sectors giving vital context to the realities of running organisations in different sectors and of different sizes.”