Questions and answers

Find out more about the unique CIPFA & ICAS Integrated Audit Qualification

Why are CIPFA and ICAS offering a joint audit qualification?

  • public audit is now a formally regulated professional activity
  • public and company audit have many similarities
  • employers want their staff to be able to audit all entities in all sectors
  • auditors want to be able to audit all entities in all sectors
  • the integrated qualification leads to:
    • both public and company registration
    • the right to use both the CA and CPFA designations
    • membership of both ICAS and CIPFA
  • portability between public and private sectors – which will allow increased fluidity in career development
  • ‘one-stop-shop’ solution for audit firms and national audit bodies
  • expertise of two chartered professional audit bodies combined.

How much will the course cost?

  • The full details of the administration and cost of the new qualification are still to be finalised but it should cost no more than current registration and training fees.

Which body will administer my course?

  • CIPFA and ICAS will agree one combined administration hub for the integrated qualification, students and employers

How long does the course take?

  • The full integrated qualification can be delivered in classroom across three years.

Where will my course be held?

  • At more than 20 ICAS and CIPFA study centres across the UK, offering students and employers unrivalled flexibility and convenience

When will the programme commence?

  • Training for the first intake for the qualification will commence in September 2015.

If I am already a CA or CPFA can I fast track the qualification?

  • Yes – you will be able to gain registered audit status in either public or company audit by gaining three specialist examination passes and recording the appropriate level of experience in the discipline you seek to gain.

What will my member benefits look like and how much will I have to pay?

  • You will have access to the full member benefits of both Institutes and pay a special reduced subscription rate