A NEW TAX qualification devised by ICAS will be solely taken by KPMG graduates in its first year, Accountancy Age can reveal.
The ICAS tax qualification will be taken either standalone or combined with the institute’s existing CA qualification; it said the qualification had been developed “in consultation with tax practices” and is being supported by Tolley Tax Training.
ICAS said the tax practices asked for confidentiality. However, a spokeswoman added: “Over 100 students will be starting the qualification in Autumn 2011, all of whom in the first intake will be from KPMG Tax Business School. We are also in discussion with a number of other firms, of all sizes, throughout the UK, for 2012 and beyond.”
A KPMG statement said the firm had been involved in discussions with ICAS about the new qualification. “We have been working together with ICAS to develop the structure of the new qualification,” the firm said. “We wanted a qualification that met our business needs together with deep technical and skills elements.”
Both ICAS and KPMG said that the firm did not fund the qualification.
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