Finance: New diploma set to recognise charity accounting

Helen Warrell

Cass Business School and the Institute of Chartered Accountants in England and Wales have developed a diploma designed to give charity accountants a clearer understanding of top-level financial management in the voluntary and community sector.

The year-long course will be based at Cass. For a limited period after the launch, senior finance professionals will be allowed to take a shorter, "experience-based" version of the qualification as a recognition of their achievements.

Those who successfully complete the course will be offered the opportunity to study for Cass's MSc in Charity Accounting and Financial Management.

"Accountancy professionals in all areas of business are closely scrutinised, but none more so than those working in the charity sector," said Dr Raymond Madden, director of learning and professional development at the ICAEW.

"Chartered accountants trained by the ICAEW are challenged to develop their skills and understanding of diverse sectors throughout the ACA training programme, but additional specialised training is required at different points of each person's career," he added.

Peter Gotham, chair of the ICAEW's Charity and Voluntary Sector Group, said he hoped the diploma would become a "gold standard".

He added: "The qualification recognises the skills and experience required to address a complex set of problems and enables us to provide the financial leadership needed in this sector."

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in
Follow us on:

Latest Jobs

RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners

Markel

Expert hub

Insurance advice from Markel

How bad can cyber crime really get: cyber fraud #1

Promotion from Markel

In the first of a series, we investigate the risks to charities from having flawed cyber security - and why we need to up our game...

Third Sector Logo

Get our bulletins. Read more articles. Join a growing community of Third Sector professionals

Register now