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The Chartered Institute of Management Accountants (CIMA) is the global professional management accounting body, based in the United Kingdom. CIMA offers training and qualification in management accountancy and related subjects. It is focused on accountants working in industry and provides ongoing support and training for members.
The Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (CCA). Founded in 1904, It is now the fourth-largest professional accounting body in the world, with 252,500 members and 526,000 student members.
Professional bodies are also responsible for administering training and examinations for students and members. The primary bodies in each country are affiliated to the International Federation of Accountants while a few do not belong to IFAC as they operate more like specialist bodies helping the work of accountants and auditors such as the ...
The ICPD is part of The Harris Foundation for Lifelong Learning (previously the Continuing Professional Development Foundation), [4] an educational non-profit charitable trust that has provided CPD since 1981, based in London, England. [5] The institute has corporate affiliates. [6] A Fellow of the institute can use the post-nominal FInstCPD ...
All members of the IPA (except retired members) must complete a minimum of 120 hours of CPD over a three-year period, with a minimum of 20 hours to be completed in any single financial year. CPD can be completed in either structured or unstructured forms, however, the maximum amount of unstructured learning permitted is 30 hours. [14]
Depending on the field, these requirements may be satisfied through college or university coursework, extension courses or conferences and seminars attendance. Although individual professions may have different standards, the most widely accepted standard, developed by the International Association for Continuing Education & Training, is that ...
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