CIOT and ICAS link up for joint qualification
5 Jul 2019
CIOT and ICAS have signed a strategic partnership and a launched a joint qualification in accountancy and tax, which will be available from September 2019
5 Jul 2019
The two professional bodies said the move builds upon their existing strong relationship and their shared history of collaboration on policy and CPD initiatives.
The joint programme allows students to study for both the CA (chartered accountant) and CTA (chartered tax adviser) qualifications at the same time, with a CA CTA designation awarded.
Students who take the joint programme will be able to fast track their studies and become a specialist in tax and accountancy in around three years.
Peter Fanning, chief executive of CIOT, said: ‘Collaborating on the CA CTA programme is the logical next step in a growing relationship between CIOT and ICAS.
‘The programme offers students and their employers another path to chartered status in both tax and accounting with the highest professional standards in both disciplines.’
Once successfully completed, students will be able to use the dual CA CTA designation and be eligible to apply for dual membership of ICAS and CIOT.
Bruce Cartwright, CEO of ICAS, said: ‘We are delighted to be going into partnership with the CIOT and bringing together these two prestigious qualifications.
‘This new joint CA CTA programme will deliver benefits to both students and employers and builds upon the proud history of collaboration between our two institutes.’
The joint programme will allow students to specialise in one of three areas of tax: owner-managed businesses; major corporates; and indirect taxation.
Members of ICAS with an ITP qualification will also be able to apply to become a member of the CIOT and use the CTA designation.