What about CIPP

Google it - its the Chartered institute of payroll professionals!

DO NOT EVER EVER EVER go with Home Learning college!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Hi Eilef,

think that it would be a good idea for the site to have a bit of a run down on who's who in the industry as you are not alone in not knowing the quality qualifications from the toilet paper.

I'm not going to cover off all bodies, just a general run down of the one's that as a member of this profession you should know (more or less in sequence of seniority)

ICAEW - Institute of Chartered Accountants England & Wales
ICAS - Institute of Chartered Accountants Scotland
ICAI - Institute of Chartered Accountants Ireland (Now CAI)
ACA - universal term covering ICAEW, ICAS and ICAI)
CIOT - Chartered Institute of Taxation
ACCA - Association of Charted Certified Accountants
CIMA - Chartered Institute of Management Accountants
CIPFA - Chartered Institute of Public Finance and Accountancy
AIA - Association of International Accountants
IIA - Institute of Internal Audit
CIPP - Chartered Institute of Payroll Professionals
ATT - Association of Tax Technicians
AAT - Association of Accounting Technicians
ICM - Institute of Credit Management
IAB - International association of Bookkeepers
ICB - Institute of Certified Bookkeepers

I have not included accountancy bodies not included in the annual report on accountancy (i.e. IFA, ICPA) although such is not meant as any insult to those organisations (just there are so many of them).

Within each body the letters that member can use after there name may not be immediately relatable to the organisations name.
i.e. Cima fellows may use the designatory letters FCMA, their ACCA equivalent may use the term FCCA. CTA is a member of CIOT
The key though is knowing the important professional bodies and more to the point which one is the top qualification for what you want to be regarded as an expert in.
For payroll, as stated by Joanne it would be CIPP, for credit control ICM, for internal Audit IIA, for bookkeeping AAT, for Tax CIOT (although ATT also makes a good positive statement about your knowledge base).

You should also know :
FRC - Financial Reporting Council
IFAC - International Federation of Accountants
IASB - International Accounting Standards Board

As mentioned at the start of this reply, this is not for you personally but I feel that there are many who come to this business who do not really understand the overall structure and the bodies to aspire to for their chosen fields of expertise. And there are a LOT of bodies out there... Think that I read somewhere that there are over 200 current accounting and bookkeeping bodies in the UK which is what put me off the idea that was bandied on here a couple of years back of BKN going down that path... That said, with the training industry contacts that we have plus status of the site of having in the region of a million hits a month I think that we could have quickly become one of the organisations that gets named in lists if ever we did decide to go down that path.

-- Edited by Shamus on Thursday 29th of October 2015 12:39:13 PM

Hi David,

I would say thats about the right position. The only reason that I didn't include that one (and ICPA) is that they are not mentioned in the FRC's annual report on trends accounting. Same reasoning as missing out qualifications such as CAT, ACCA-X, FIA, etc.

In hindsight I think that you are right and maybe I should have included them.

Hi David,

no, the ICB/IAB aren't included in the report as they are not accountancy qualifications.

My list mixed up accountancy qualifications with more career specific qualifications (payroll, credit manaement, tax, bookkeeping, etc.) but for the accountancy qualifications part I only included the recognised qualifications (ICAEW, ICAS, ICAI, ACCA, CIMA, CIPFA, AIA).

kindest regards,

Shaun.

Great list that Shaun! Heard of most of them, but certainly not all. One of my sons pals is doing ACA - good to see where it sits in the scheme of things.

Thanks for including all that lot!

Morning Nick,

unbelievable. door to door they are 8 minutes from me and I had never heard of them!

Even more embarrassing, just looked at them on Google maps and they're a Chartered Certified firm with shop front offices... Ah, that will be the reason then. When walking around I look at the windows above the shops as thats normally where we lurk. Tut, shops are for cakes, not accountants, lol.

And wadda ya mean you used to work for them! Have you worked in sunny utopian Cannock then Nick?

If there was a thanks button for Shaun's list above, I'd be clicking it!

AFRIKAANS dankie
ALBANIAN faleminderit
ARABIC shukran
ARMENIAN Շնորհակալություն / chnorakaloutioun
BOSNIAN hvala (HVAH-lah)
BULGARIAN благодаря / blagodaria
CATALAN gràcies (GRAH-syuhs)
CANTONESE M̀hgōi
CROATIAN hvala (HVAH-lah)
CZECH děkuji (Dyekooyih)
DANISH tak (tahg)
DUTCH dank u
ESTONIAN tänan (TA-nahn)
FINNISH kiitos (KEE-tohss)
FRENCH merci
GERMAN danke
GREEK ευχαριστώ (ef-hah-rees-TOH)
HAWAIIAN mahalo (ma-HA-lo)
HEBREW .תודה / todah (toh-DAH)
HINDI dhanyavād / shukriya
HUNGARIAN köszönöm (KØ-sø-nøm)
ICELANDIC takk (tahk)
INDONESIAN terima kasih. (tuh-REE-mah KAH-see)
ITALIAN grazie (GRAHT-tsyeh)
JAPANESE arigatô (ah-ree-GAH-toh)
KOREAN 감사합니다 (gamsahamnida)
LATVIAN paldies (PUHL-dyehs)
LEBANESE choukrane
LITHUANIAN ačiū (AH-choo)
MACEDONIAN Благодарам / blagodaram (blah-GOH-dah-rahm)
MALAY terima kasih (TREE-muh KAH-seh)
MALTESE grazzi (GRUTS-ee)
MANDARIN Xièxiè
MONGOLIAN Баярлалаа (bayarlalaa)
NORWEGIAN takk
POLISH dziękuję (Jenkoo-yen)
PORTUGUESE obrigado [masculine] / obrigada [feminine] (oh-bree-GAH-doo / oh-bree-GAH-dah)
ROMANIAN mulţumesc (mool-tzoo-MESK)
RUSSIAN спасибо (spuh-SEE-buh)
SERBIAN xвала / hvala (HVAH-lah)
SLOVAK Ďakujem (JAH-koo-yehm)
SLOVENIAN hvala (HVAA-lah)
SPANISH gracias (GRAH-syahs)
SWEDISH tack
TAMIL nandri
THAI kop khun
TURKISH teşekkür ederim (teh shek uer eh der eem)
UKRAINIAN Дякую (DYAH-koo-yoo)
WELSH diolch (DEE-olch)
YIDDISH a dank
ZULU ngiyabonga

Hows THAT for a list ;0)

You are on fire tonight, Mrs!

 

Wish BKN would bog off with this "you recently posted a comment" malarky!

Cheers folks,

Been looking around a lot and got a reply from Karen at groves, price is more than half that of the home study college or what ever there called.

So looks like might be goings there.

Thanks for the recommendation Nick, much appreciated.

Shaun I actually worked there for about 15 years (was Groves & Co. now Churchill Groves), hence it still being our registered office.  We chatted ages ago about ACCA exams if you recall? 

For anyone interested in Payroll Courses we currently offer the Levels 1 & 2 Award in Computerised Payroll as a combined course.  If we get enough demand this tax year for Level 3 we will run that also.