The Association of Chartered Certified Accountants (ACCA) has launched a new initiative with the Association of Corporate Treasurers (ACT) which will provide a fast track route into ACT membership for ACCA members and affiliates. The deal will mean that material covered in the ACCA syllabus will not be re-examined by the ACT and exemption fees will be waived. Furthermore, Associate Membership of the ACT will be gained once the ACCA and the customised ACT examinations have been passed. The move acknowledges the fact that treasury management is becoming an increasingly important part of the skills portfolio of senior finance managers. ACCA believes that ACCA-qualified accountants with a complementary treasury qualification will be particularly attractive to organisations operating worldwide. Richard Raeburn, Chief Executive of ACT, said: ‘The combined skills of an accountant and treasurer will ensure that students who qualify as members of both the ACT and ACCA will be prepared to meet the challenges of financial management in the next decade.’
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
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