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The London Borough of Lambeth has been awarded the status of a best practice employer by The Chartered Institute of Public Finance and Accountancy (CIPFA) for their training and development, and Continuing Professional Development (CPD).
Receiving the CIPFA Best Practice Award for Training & Development and the CIPFA Best Practice Award for Continuing Professional Development is recognition by CIPFA of the investment the council makes in its staff for training and development.
CIPFA’s best practice awards were created to recognise the level of support an organisation gives to employees in its finance function for developing their careers through training and CPD.
London Borough of Lambeth’s Executive Director of Finance, Mike Suarez said:
‘We believe that the core contributor to organisational success is our workforce. We are honoured to receive this external validation of our investment in our staff from CIPFA’.
Adrian Pulham, CIPFA Director, Education and Membership said:
‘CIPFA is delighted Lambeth have achieved the status of a best practice employer. CIPFA and Lambeth are committed to working closely together for the best results for their finance professionals and those undertaking the CIPFA training scheme.’
CIPFA press office
T: 020 7543 5600
1. CIPFA’s Employer Accreditation for Training & Development and Continuing Professional Development acknowledges the level of support an organisation gives to is employees for training and development. The level of support is graded by means of a questionnaire. There are three levels.
Best Practice Employers: This is the level achieved by the best employers to which all organisations can reasonably aspire. Students receiving support at this level will have a substantially better chance of success.
Employers should have answered 19 'Best Practice' questions on their form, and show that they use at least 2 innovative practices as part of their training scheme.
A 'Best Practice Employer' certificate will be awarded by CIPFA.
Registered Employer: For organisations that are providing the level of support that should help ensure the student has a good foundation to their career, and has a good chance of passing their CIPFA exams successfully.
Employers should have answered at least 17 'Registered' or 'Best Practice' questions.
A 'Registered Employer' certificate will be awarded by CIPFA.
Not Accredited: For those organisations that do not meet the basic criteria.
No certificate is awarded. Upon the improvement of measures highlighted within the questionnaire, organisations can reapply at a later date.
2. About CIPFA
CIPFA, the Chartered Institute of Public Finance and Accountancy, is the professional body for people in public finance. Our 14,000 members work throughout the public services, in national audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed. As the world’s only professional accountancy body to specialise in public services, CIPFA’s portfolio of qualifications are the foundation for a career in public finance. They include the benchmark professional qualification for public sector accountants as well as a postgraduate diploma for people already working in leadership positions. They are taught by our in-house CIPFA Education and Training Centre as well as other places of learning around the world. We also champion high performance in public services, translating our experience and insight into clear advice and practical services. They include information and guidance, courses and conferences, property and asset management solutions, consultancy and interim people for a range of public sector clients. Globally, CIPFA shows the way in public finance by standing up for sound public financial management and good governance. We work with donors, partner governments, accountancy bodies and the public sector around the world to advance public finance and support better public services.