Link: IAS/IFRS special report
The institute said the qualification would bring credibility to ‘a confused marketplace’.
The programme, which is aimed at both users and preparers of financial information, will come in two levels – certificate or diploma. Training for the certificate could be done on a computer, while the more advanced diploma would require some old-fashioned written assignments.
David Illingworth, president of the institute, said: ‘We recognise that our members and the wider business community need to develop International Accounting Standard knowledge and skills as soon as possible.
‘To meet this need we are developing a computer-based assessment with supporting learning materials which, subject to member approval at our June AGM, will lead to the award of a certificate and diploma.’
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