The Third Way: Bridging the Gap between University & Industry:
The new Risk Reward Certificates will raise the business quality bar faster than ever before
'Enron: it couldn't happen here', said the Brits. One reason for this is the standards within the UK accountancy profession, but the UK has been slow to spread its high-quality accounting message and methodology around the world until now.
The granting of official ACA training approval status to a British training company is not often globally newsworthy unless the impact is going to be global and fast.
On October 1, 2007 the Institute of Chartered Accountants of England and Wales (ICAEW) granted British risk consulting and training company Risk Reward Limited with Official Approved Training Provider status for delivery of UK certified accountancy training courses in global markets. The programme is set to roll-out March 2008 with a calendar of international certificates and training courses in more than 20 cities in the world's major financial markets and capitals. Risk Reward is one of only five (5) training providers accredited by the ICAEW and the only accredited firm with a global reach.
Choice, Quality & Speed
Responding to the outcry and demand from developing economies Risk Reward will offer a certificate and training for ICAEW Professional Stage - Knowledge Level modules which currently make up the same knowledge level learning criteria for the full ACA qualification leading to someone becoming a Chartered Accountant: Accounting, Business & Finance, Management Information, Assurance & Audit. At present it takes three (3) years to achieve the British qualification. Never before has an intermediate level certificate been available on a global basis.
This new international certificate programme provides finance functions and unqualified accountants with an internationally recognised high quality benchmark with proven value to global business employers available as individual modules which can be achieved without time limits and without examination.
Risk Reward Ltd has recruited 200+ qualified ACA Chartered Accountants and other qualified and experienced accountancy trainers to offer classroom training for banks, financial institutions, corporate entities, sponsor organisations, government departments and their training centres either on an in-house or public course basis. The 5-day traditional classroom style training courses are offered in the UK/Eire, Europe, Middle East, Africa, Asia and North American markets. Group training assignments for entire departments of banks and other businesses are already developing quickly.
Enron: Couldn't happen again? Perhaps it might not have to happen anywhere again. The anticipated uptake on these new certificates is expected to be massive as the quality of the ICAEW Official training is available for the first time to all companies worldwide.
ENDS:
ICAEW (Institute of Chartered Accountants in England and Wales) is the largest professional accountancy body in Europe. The over 130,000 members work in wide-ranging careers in thousands of organisations, large and small. While the majority live in the UK, 12% live and work in over 140 countries worldwide, demonstrating that the ACA qualification is internationally recognised and valued.
For more information about the ICAEW, please visit www.icaew.com
Risk Reward Limited www.riskrewardlimited.com based in the financial heart of London's Square Mile, is a risk consulting and training company serving the banking, financial institutions and accountancy professions in developed and emerging markets since 2002. Over 50% of projects are based in Africa with the remainder of business throughout the Middle East, Asia, Europe and the Americas.
For more information about Risk Reward service products please contact Ms Lisette Mermod.
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