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ACCA begin consultation on new business training qualification

The ACCA (Association of Chartered Certified Accountants) has begun a worldwide consultation programme on its new business training qualification.

The ACCA say that over 350,000 stakeholders - including members, students, tuition providers, employers, governments, regulators and accountancy bodies - will be consulted, with the results helping to set the future training agenda for the accountancy profession. The consultation period will run until June 2005.

ACCA will be seeking views on a new two tier business training scheme - ACCA Business and ACCA Professional. According to the ACCA, the ACCA Business is designed to develop the essential skills and techniques of accounting, business and finance while the ACCA Professional - which will be benchmarked to masters degree level - builds on core skills and requires students to apply them in practice.

Clare Minchington, ACCA Managing Director - Education, Training and Development, said: "Our current qualification has become the fastest-growing international accounting qualification and is highly rated by employers and members worldwide. However, accounting is a dynamic profession and the needs of employers and the regulatory landscape are constantly evolving.

"The new qualification will take account of these developments and the resulting skills required in the workplace and help ensure that the high standards of ACCA's professional qualification are maintained by the next generation of accountants and finance professionals."

The ACCA say their new qualification will be open for student registrations from January 2007, with the first written exams under the new scheme taking place in December 2007.

External link

For further information visit the ACCA's new qualification microsite, Horizon, at www.accaglobal.com/horizon/

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