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Professional certification, trade certification, or professional designation, often called simply certification or qualification, is a designation earned by a person to assure qualification to perform a job or task. Not all certifications that use post-nominal letters are an acknowledgement of educational achievement, or an agency appointed to safeguard the public interest.
An accountant is a practitioner of accounting or accountancy. Accountants who have demonstrated competency through their professional associations' certification exams are certified to use titles such as Chartered Accountant, Chartered Certified Accountant or Certified Public Accountant, or Registered Public Accountant. Such professionals are granted certain responsibilities by statute, such as the ability to certify an organization's financial statements, and may be held liable for professional misconduct. Non-qualified accountants may be employed by a qualified accountant, or may work independently without statutory privileges and obligations.
CPA Australia is a professional accounting body in Australia, originally founded as the "Incorporated Institute of Accountants" in 1886. As of 31 December 2020, it has 168,736 members in 150 countries and regions around the world. CPA Australia currently has 19 staffed offices across Australia, China, Hong Kong, Malaysia, Singapore, Indonesia, Vietnam, New Zealand and the UK.
Chartered accountants were the first accountants to form a professional accounting body, initially established in Scotland in 1854. The Edinburgh Society of Accountants (1854), the Glasgow Institute of Accountants and Actuaries (1854) and the Aberdeen Society of Accountants (1867) were each granted a royal charter almost from their inception. The title is an internationally recognised professional designation; the certified public accountant designation is generally equivalent to it. Women were able to become chartered accountants only following the Sex Disqualification (Removal) Act 1919 after which, in 1920, Mary Harris Smith was recognised by the Institute of Chartered Accountants in England and Wales and became the first woman chartered accountant in the world.
Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA). It has 240,952 members and 541,930 future members worldwide. ACCA's headquarters are in London with principal administrative office in Glasgow. ACCA works through a network of over 110 offices and centres in 51 countries - with 346 Approved Learning Partners (ALP) and more than 7,600 Approved Employers worldwide, who provide employee development.
Chartered IT Professional denoted by CITP is a professional qualification awarded under Royal Charter to IT professionals who satisfy strict criteria set by the British Computer Society (BCS), which is a professional body for IT in the United Kingdom.
The American Institute of Certified Planners (AICP) is the American Planning Association's professional institute. AICP certifies professionals in the United States in the field of town planning and assists planners in the areas of ethics, professional development, planning education, and the standards of planning practice. Members of AICP pledge to adhere to a detailed Code of Ethics and Professional Conduct. Once certified, professional planners may place the designation "AICP" after their name to indicate their membership in AICP, and their mastery of the principles, skills, knowledge, and experience determined by the organization as essential for a professional planner.
The American Academy of Financial Management (AAFM) was a US-based board of standards, certifying body, and accreditation council focused on the finance sector and wealth management professionals. AAFM was superseded by the Global Academy of Finance and Management (GAFM).
The Society of Business Practitioners (SBP) UK, founded in 1956, is a senior examining UK institution providing vocational qualifications in business, computer studies, management and marketing. The Society's Diploma awards attract recognized credits and exemptions from other institutes and educational establishments from the UK, the US and Australia. The Society also has a collaborative credit recognition arrangement with the New Zealand College of Business.
The Institute of Public Accountants (IPA) is one of the three legally recognised professional bodies for accountants in Australia. The IPA represents more than 40,000 members and students working in industry, commerce, government, academia and professional practice.
The Institute of Chartered Accountants in Australia was the professional accounting body representing Chartered Accountants in Australia before it merged with the New Zealand Institute of Chartered Accountants to become Chartered Accountants Australia and New Zealand.
Following is a partial list of professional certifications in financial services, with an overview of the educational and continuing requirements for each; see Professional certification § Accountancy, auditing and finance and Category:Professional certification in finance for all articles. As the field of finance has increased in complexity in recent years, the number of available designations has grown, and, correspondingly, some will have more recognition than others. Note that in the US, many state securities and insurance regulators do not allow financial professionals to use a designation — in particular a "senior" designation — unless it has been accredited by either the American National Standards Institute or the National Commission for Certifying Agencies.
The Chartered Institute of Marketing (CIM) was founded in 1911. It has over 30,000 members, including more than 3,000 registered Chartered Marketers. CIM offers 130 study centres in 36 countries, and exam centres in 132 countries.
A chartered professional is a person who has gained a specific level of skill or competence in a particular field of work, which has been recognised by the award of a formal credential by a relevant professional organization. Chartered status is considered a mark of professional competency, and is awarded mainly by chartered professional bodies and learned societies. Common in Britain, it is also used in Ireland, the United States and the Commonwealth, and has been adopted by organizations around the world.
Iggy Pintado is a Spanish-Australian author and marketer who wrote the book Connection Generation.
Certified Practising Marketer, or CPM, is a qualification for Australian marketers. The certification is administered by the Australian Marketing Institute.
The Institute of Certified Management Accountants of Sri Lanka, is a professional body offering qualification in management accountancy in Sri Lanka.
References
- ↑ "Professional Memberships". University of Melbourne. Archived from the original on 1 March 2014. Retrieved 25 February 2014.
- ↑ Susanna Jaray (2005). Marketing. Career FAQs. p. 40. ISBN 9781921106149.
- ↑ D.G. Brian Jones; Mark Tadajewski (2016). The Routledge Companion to Marketing History. Routledge. p. 591. ISBN 978-1-134-68875-3.
- ↑ "CPM: CERTIFIED PRACTISING MARKETER". Archived from the original on 1 March 2014. Retrieved 25 February 2014.
- ↑ Melanie James (2006). Public Relations. Career FAQs. p. 35. ISBN 9781921106361.
- ↑ "AMI | 2018 Awards for Marketing Excellence". www.e-award.com.au. Archived from the original on 11 January 2018. Retrieved 10 January 2018.
