Central to professionalisation is the way in which prospective members become members of the professional body. This is almost always done through examinations or other forms of formal assessment, leading to the award of a qualification and designatory letters. A qualification is an important contributor to the overall assurance of quality that the professional body gives. Read more on the central role of qualifications in professionalisation.
The award of a qualification requires a Qualifications Framework (QF).
Drawing on IFAC’s International Accounting Education Standards, we recognise the key components of a QF as:
More on the Qualifications Framework