IFA introduces new PQ membership grade

The Institute of Financial Accountants (IFA) and the Institute of Public Accountants (IPA) – the IPA Group, have unveiled a new membership grade structure.

Among the changes is the Intermediate Financial Accountant grade, which has been introduced as an entry point to institute membership. It is aimed at part qualified accountants who want to obtain recognition for what they have complete to date.

To achieve this grade of membership applicants must either complete the Level 4 units of the IFA Direct education programme or an equivalent qualification, and have at least one year’s work experience in the accountancy or finance sector.

Those eligible will receive dual membership of the IFA and IPA and can use designatory letters after their name.

IFA CEO John Edwards said: “The new membership grade aims to ensure that we have a cohesive global membership offering, regardless of where somebody is in their career journey or where they are based. It underlines our commitment to providing wider industry access to the many opportunities our membership offers.”

To find out more go to: www.ifa.org.uk/routes