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CIPFA took top honours at the 2014 PQ Magazine Awards last night, winning the prestigious Accountancy Body of the Year accolade at the ceremony.
The institute saw off competition from the likes of ACCA, CIMA and ICAEW as the judges highlighted CIPFA’s recent innovations and its forward-looking approach, as the main reasons for its success.
The institute’s cooperative scheme in Nottinghamshire, its West Midlands finance apprenticeship pilot programme and the repositioning of the institute to a more global focus were all given as reasons for the Accountancy Body of the Year award.
CIPFA Chief Executive, Rob Whiteman, commented:
“This is a great award for CIPFA and I am extremely proud that we have been recognised for our hard work, innovation and renewed global outlook by the judges.
“CIPFA is now recruiting more students around the world than ever before, with people studying for our qualifications in over 80 countries. This award is a testament to the success of our global strategy and recognition that our specialist expertise in public financial management is highly sought after by governments and public service employers everywhere.”
Speaking on the award, PQ founder and Editor Graham Hambly said:
“The great thing about CIPFA is that it’s not standing still. As an accountancy body it is always looking for new ways to serve its students and members and to improve what they offer to the accountancy profession”.
The PQ awards also honoured former CIPFA Chief Executive Steve Freer with a lifetime achievement award that he shared with the outgoing CEO of AAT, Jane Scott Paul.