In 2018, we completed a mapping exercise against three of the top accountancy bodies in the UK – ICAEW, ACCA and CIMA. The result of that was more exemptions available for accountants who were keen to move into the treasury-world, and mutual exemptions for any of our students wishing to undertake an accountancy qualification. Making our qualifications more accessible while also recognizing the cross-over of knowledge in this sector is key to sharing best practice and opening up the world of treasury. Accountancy is a key function in any organisation keeping all financial transactions in order. Treasurers are strategic financial managers managing the liquidity of a business and their decisions directly impact the profit, loss and financial health of a company. The most effective CFO’s combine the two skill sets to ensure they’re approaching all their decisions in the most informed manner. By encouraging the relationship between treasury and accountancy, we ensure more well-rounded and skilled professionals.
With this in mind, we have now decided to recognise accountancy bodies who have reciprocal relationships with ICAEW, CIMA and ACCA. This means members of the following accountancy bodies around the world, will now be able to take advantage of a higher number of exemptions:
CAANZ – Chartered Accountants of Australia and New Zealand
CPA Canada - Chartered Professional Accountants Canada
HKICPA – Hong Kong Institute of Certified Public Accountants
SAICA – South African Institute of Chartered Accountants
CPA Australia - Certified Practising Accountants Australia
CMA Canada - Certified Management Accountants of Canada
AAAUAE - Accountants & Auditors Association UAE
MICPA - The Malaysian Institute of Certified Public Accountants
More information is available on our website and when booking onto the course all that will be required is for you to show your membership/qualification certificate of your professional body and select your exemption route.
We are also looking at other professional bodies to see if they are eligible for similar exemptions, so do keep up to date with our monthly newsletters to keep an eye out for any further news in this space.
