Strong financial foundations are crucial for any organisation to be successful and it is not surprising that demands for finance and accounting skills development are high both in the UK and internationally.
The Institute of Chartered Accountants in England and Wales (ICAEW) is a world-class professional accountancy body whose members currently operate in 160 countries. It should come as no surprise to learn that ICAEW is a popular choice for development within the accountancy profession; to date they have over 132,000 members.
Understanding financial and accounting concepts is not solely a requirement of those personnel working in a finance department, many other roles benefit from development of financial understanding; heads of department, business managers, graduates and consultants, to name just a few.
The ICAEW has recognised this need and has launched the exciting and innovative Certificate in Finance, Accounting and Business (CFAB). The certificate consists of six modules of learning and explores key finance, accounting and business concepts, whilst giving the individual recognition for their hard work. This brings benefits to both the organisation and the individual alike.
Commenting at the launch of the qualification, Dr. Raymond Madden, Executive Director of Learning and Professional Development at the Institute said, “CFAB responds to a clear market need and is aimed at those wanting a robust grounding in the language of finance both in the UK and internationally.”
Righttrack Consultancy, the learning and development specialist with over 20 years experience in designing and implementing development solutions, has become a Partner in Learning with the ICAEW, to deliver CFAB, as they believe the certificate will make a real difference to the future of financial learning and development.
Chris Banting, Righttrack’s Business Development and Marketing Manager says, “Righttrack have always had a demand from clients wanting to develop their employees financial and accounting skills – and not just personnel employed in accounting functions.
The number of organisations keen to invest in recognised development is growing, which is why we believe that CFAB is the right development route. It allows individuals to gain a better understanding of finance and accounting, whilst giving them the recognition they deserve.
Righttrack is also partnered with the Institute of Leadership and Management (ILM) and our clients have thrived on the benefits of working with a world-renowned subject specialist and an accredited, quality, provider, in fact it is one of our most popular development options. We hope and feel that the CFAB certificate will become every bit as popular.”
Finance and accounting development is an area of business that will always warrant investment and, unlike many development areas where different styles can be utilised to generate successful results, there are definite best practices to be understood and applied. So commissioning a certificate programme, written by a recognised industry body, and delivered by a proven development provider, not only makes good business sense but sound financial sense too.
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About Righttrack Consultancy:
Right Track Consultancy Ltd was formed in 1988, and has its head office in Worcestershire. Righttrack is a leading learning and development consultancy that design and deliver innovative and engaging training solutions to organisations all over the world. The range of services that Righttrack provide covers a broad spectrum and includes bespoke and ready-to-run training, sales solutions, ILM programmes, organisational development, e-learning and coaching.
Righttrack work with clients of all sizes across all industry sectors, including Mercedes Benz, Gucci, Somerfield, Littlewoods Shop Direct Group, Metropolitan Police and The North East Ambulance Service. More information can be found on www.righttrackconsultancy.co.uk
Gemma Middleton, Marketing Coordinator
Brockhill Court, Brockhill Lane
Redditch, B97 6RB
Tel: 01527 595955
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