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ICAEW unveils BFP qualification
Following discussions with leading employers, the ICAEW has launched a new PQ qualification – the Business & Finance Professional (BFP).
The new qualification is sandwiched between the CFAB exams and ACA qualification.
BFP is a direct response to the rise in the number of A-level intakes at many firms. It was felt some of these trainees would not want to study to full ACA, but wanted something to recognise their study and work experience. Employers also wanted to tap into the ethical values being a member of a professional body provides.
To obtain the designatory BFP letters students will have to pass the six CFAB papers, complete an ethics learning programme and have 12 months’ work experience to call on.
BFP-qualified students will have to keep up-to-date with CPD and adhere to the ICAEW ethical rules. In return, they will be provided with a whole range of top-flight services, including employability skills.
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