Accounting Standards

CIPFA unveils updated flagship accountancy qualification

The PAQ builds on the legacy CIPFA Professional Qualification (PQ), but features new areas of study including sustainability, green finance, climate change, new and emerging technologies, fraud and cyber security

CIPFA has announced its flagship accountancy qualification has been refreshed and updated.

It said after a “detailed review and consultation process”, the CIPFA Professional Accounting Qualification (PAQ) update delivers a new syllabus to help the public finance professionals of tomorrow “better address the complex issues of today and in the future”.

The PAQ builds on the legacy CIPFA Professional Qualification (PQ), but features new areas of study including sustainability, green finance, climate change, new and emerging technologies, fraud and cyber security .

It added the refreshed study programme is designed to be global in its reach and outlook with the CIPFA PAQ will be an internationally recognised qualification, regardless of where it is studied.

Rob Whiteman, CIPFA CEO said: “At the heart of our mission to build trust by strengthening public financial management is CIPFA’s Professional Accountancy Qualification. The updated syllabus and global PAQ has been designed to ensure CIPFA students are enabled to maximise their own potential and deliver better outcomes in the modern public sector.

“Digital technologies, highly charged political contexts, regulatory reform, climate change, increased service demand and the COVID-19 pandemic are just a few examples of the contemporary issues impacting the accounting profession today, which will now be covered in greater detail in our flagship qualification.”

He added: “Skilled and specialist finance professionals are needed across all areas of government and public services. Students will find that the CIPFA qualification gives them the strongest foundation possible on which to build their public sector careers.”

Show More
Back to top button