The Chartered Institute of Taxation (CIOT) and ICAS (The Institute of Chartered Accountants of Scotland) have announced a strategic partnership and a new joint qualification in accountancy and tax.
The strategic partnership builds upon the existing strong relationship between the two professional bodies, who have a history of collaboration on policy and CPD initiatives.
The new joint programme, which will be available from September 2019, allows students to study for both the CA (Chartered Accountant) and CTA (Chartered Tax Adviser) qualifications at the same time.
Students who undertake the joint programme will be able to fast track their studies and become a specialist in tax and accountancy in around three years.
Peter Fanning, Chief Executive of CIOT, said: “Collaborating on the CA CTA programme is the logical next step in a growing relationship between CIOT and ICAS.
“The programme offers students and their employers another path to chartered status in both tax and accounting with the highest professional standards in both disciplines.”
Once successfully completed, students will be able to use the dual CA CTA designation and be eligible to apply for dual membership of ICAS and CIOT.
Bruce Cartwright, CEO of ICAS, said: “We are delighted to be going into partnership with the CIOT and bringing together these two prestigious qualifications.
“This new joint CA CTA programme will deliver benefits to both students and employers and builds upon the proud history of collaboration between our two institutes.”
The joint programme will allow students to specialise in one of three areas of tax:
- Owner-managed businesses
- Major corporates
- Indirect taxation
Members of ICAS with an ITP qualification will also be able to apply to become a member of the CIOT and use the CTA designation.
The joint programme will launch in September 2019.
Notes for editors
A link to a picture of Peter Fanning (L) and Bruce Cartwright (R) can be downloaded at the following link.
Photo credit John Linton photography.
For more information please contact:
Isabelle Bell, Head of Content and Communications
T: 0131 347 0279
E: ibell [at] icas.com
George Crozier, Head of External Relations
T: 020 7340 0569
E: gcrozier [at] tax.org.uk