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Institutes launch exciting route to two qualifications
The Chartered Institute of Taxation (CIOT) and ICAEW have launched a much-anticipated ACA/CTA joint programme in the owner-managed or private business (OMB) specialism.
The pair describe the programme as ideal for new and current ACAs as they can achieve the ICAEW and CTA qualification in the space of three to four years.
While not for the faint-hearted, the joint programme offers a fast-track for students who want to optimise their study time.
The owner-managed or private business option is one of three tax specialisations for PQs on the innovative joint CIOT/ICAEW programme – the others being tax of major corporates and indirect tax.
CIOT President Chris Jones said: “The entrepreneurial endeavour and skills of owner-managed and private businesses are the engine of the UK economy, so it is crucial that people who support them with their financial planning have a good grasp of their requirements and the challenges that they face.”
Jones felt the joint programme was a ‘win-win situation’ for both employers and PQs. He said: “The key benefits for employers and students of the owner managed or private businesses specialism are recruitment attraction, flexibility, tax specialism facilitated, faster client contribution, optimised study time and cost efficiency.”
• The first sitting of the new qualification will take place in May 2016; the registration deadline is looming (31 December 2015).
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