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What is the value of ICPA qualification certificate?
In order to thoroughly implement the national strategy of strengthening the country with talents, China Enterprise Financial Management Association and the British Association of International Professional Accountants (IAAP) reached the joint certification of IAAP series in Beijing in June, 2020 according to the specific requirements in the Implementation Plan of Internationalized High-end Accounting Talents Training Project of the Ministry of Finance, and launched the joint certification of IAAP series including ICPA/ICSA/IPA/ICMA/CITM/ACITM, striving to cultivate a number of professionals in line with the high-quality development of China's economy.

IAAP joint certification bears the responsibility of IAAP China Representative Office and China Enterprise Financial Management Association to cultivate international high-end accounting talents and promote high-quality economic development, and shoulders the special mission of providing international CPA talents support for China. Through providing internationally recognized IAAP international professional certification standards for China's financial executives, the Chinese and British Councils have carried out in-depth high-level international accounting courses, striving to cultivate international elites represented by "ICPA", so as to meet the requirements of accounting internationalization, be familiar with international financial reporting standards, be proficient in international auditing, and play an important role in the national development strategy.

The high-quality economic development in China has created a group of high-end accounting talents, and the high-quality economic development in China needs a large number of international high-end accounting talents. In order to improve the training, use, evaluation and incentive system of international high-end accounting talents, improve the career development mechanism and policies of IAAP certified personnel, strive to cultivate a group of IAAP high-end accounting talents with large scale, exquisite professionalism and excellent quality, and broaden the thinking of attracting talents from all walks of life, with the strong support of China Enterprise Financial Management Association, IAAP joint certification holders will be included in the "National Enterprise Financial Management Talent Pool" jointly established by Ministry of Human Resources and Social Security National Talent Flow Center and China Enterprise Financial Management Association, aiming at further bringing into play the role of convergence of talents between China and Britain, accelerating the internationalization of high-end accounting talents and better serving the growing demand for international talents.

"National Enterprise Financial Management Talent Pool" is an important measure for Ministry of Human Resources and Social Security National Talent Flow Center and China Enterprise Financial Management Association to actively implement the spirit of several documents of the CPC Central Committee on talent development, comprehensively implement the strategy of deepening talent development, and help promote the construction of a country with strong talents. It is a strong support for achieving high-quality development, and will provide excellent IAAP and Certification staff with a variety of high-end value-added services such as talent evaluation, ability improvement, talent flow and integrity files. This is a continuation and supplement of the supporting services of IAAP joint certification, an important window for IAAP joint certification talent reserve and image display, and a service platform for high-quality international accounting talents to communicate, exchange, learn and communicate with each other in a timely manner by using the service functions of the talent pool, which can better play the role of IAAP international professional accounting and is of great significance for building a modern economic system, stimulating the professional vitality of high-end accounting talents and realizing the sustained and healthy economic development of China.

The smooth implementation of IAAP joint certification is of great significance to conscientiously implement the central government's decision on strengthening the construction of high-quality international talents. IAAP China Representative Office and China Enterprise Financial Management Association will work together to overcome difficulties and further complete the glorious and arduous mission of cultivating international high-end accounting talents and strengthening the country through talents. Taking this opportunity, the joint certification of IAAP will continue to deepen the cooperation with Chinese and foreign listed companies, state-owned enterprises, large private enterprises, foreign-related enterprises, large Chinese and foreign accounting firms, public organizations, enterprises and institutions and universities in Industry-University-Research, carry out the selection and training of international high-end accounting talents in various ways, promote the demonstration construction of accounting exchanges and cooperation with foreign countries, continuously improve China's accounting voice and influence, and better serve China's economy going global!

IAAP joint certification conforms to the development trend of accounting internationalization advocated by the state, and can promote the implementation of the Ministry of Finance's work on cultivating the world's leading international high-end accounting talents. The Chinese and British associations will earnestly perform their management functions, systematically explain, strengthen guidance, and condense professionalism in accordance with the requirements of the Ministry of Finance's "Implementation Plan for Internationalized High-end Accounting Talents Training Project". As a strong support of a series of policies and systems, they will pay close attention to the cultivation of internationalized high-end accounting talents. Give full play to the role of IAAP joint certification in promoting economic transformation and upgrading, lead the national financial management talents to help China's high-quality economic development in the new era, and jointly promote the formation of an innovative development path of accounting internationalization, thus contributing to the professionalization and internationalization of high-end accounting talents in China.

Important note: please refer to IAAP China representative office for the IAAP joint certification training and examination standards.

Professional Guide 1: IAAP, British International Association of Professional Accountants

The International Association of Accounting Professionals (IAAP), founded in 1973 and headquartered in Churchill Square, Kent, London, England, is a professional accountant group recognized by British law. It is a senior professional appraisal department of the International Association of Bookkeepers (IAB), which can issue high-level professional qualification certificates. IAB was established in 19 16. More importantly, IAB is registered in Ofqual, UK. That is, the Office of the Qualifications and Examinations Regulator, which is responsible for providing authoritative endorsements to British national qualification certification institutions (there are also British accounting organizations such as ACCA\AIA registered in this institution), which means that obtaining the practicing qualification certificate granted by IAB will be recognized by the British government. In addition, IAB has been recognized by HMRC, and has become the special supervisor of the Commonwealth National Anti-Money Laundering Act of 2007. IAAP has been active in the field of anti-money laundering and anti-financial crimes in the world for a long time, and has established advanced academic activities and learning centers in about 60 countries around the world, with more than150,000 certificate members at all levels, and has become the largest international senior financial and accountant in the UK.

The current chairman of IAB\IAAP is Fabian Hamilton MP, one of the leaders of the British Labor Party, a member of Parliament and a shadow cabinet. IAAP also sets standards with the British government on a regular basis, such as the Employment Advisory Committee of HMRC, the Financial Services Authority, Ofqual, the Financial Services Skills Committee and the Small Business Development Initiative (SFEDI). At the same time, IAAP has set up professional learning centers of IAAP in many famous universities, such as Edinburgh University, Open University, Northampton University and Bolton, Manchester, England, and provided IAAP qualification courses all over the world. The certificate issued by IAAP is applicable to many Asian countries, as well as countries along the Commonwealth, the European Union, North America, the Caribbean, India, South Africa and many other countries. It has a high reputation and recognition, and it is an excellent international professional accounting qualification certificate leading to the field of finance and finance. It enjoys a high status among international accounting professionals, and can connect the master's degree with MBA, EMBA and DBA courses in British and European universities. The annual IAAP Global Conference and the awarding ceremony of IAAP qualification certificate are held regularly in the British Parliament Hall on the first weekend of June every year.

Professional guide 2: IAAP joint certification

In order to improve the serious shortage of international high-end financial management talents in China, promote the construction of international high-end financial management talents, continuously enhance China's voice and influence in the field of international financial management, serve China's economic transformation and upgrading and high-quality development, enhance the core competence of China enterprises in global management, and cultivate high-end international financial management talents with professional knowledge, comprehensive literacy, international vision and social responsibility. In June, 2020, China Enterprise Financial Management Association and IAAP, the International Association of Professional Accountants, decided to jointly carry out the joint certification of IAAP series of international certified public accountants in China. According to the IAAP global certification course system of the British International Association of Professional Accountants, after passing the IAAP joint certification course examination, China financial executives will not only obtain the global unified English certificate issued by the IAAP, but also obtain the corresponding level Chinese certificate jointly certified by the British International Association of Professional Accountants and the China Enterprise Financial Management Association, and will be included in the national enterprise financial management talent pool to manage and serve as middle and senior international financial management talents.

Professional Guide III: IAAP Certification Value

1, IAAP certification represents the ability and skills of certified students to master the international registered accounting knowledge system, which not only involves the world's leading knowledge of financial management and tax management, but also covers the international accounting and business English knowledge system, and is an internationally accepted registered accountant license.

2. The holder of the IAAP certificate is eligible to apply for FIAB, a senior member of IAB of the International Bookkeepers Association. The certificate has been recognized by Ofqual, the national qualification certification and examination supervision and management office of the United Kingdom, and its professional value is extremely high.

3. The full range of IAAP professional certification courses are compiled around international financial reporting standards and related professional contents. The courses cover global financial management cases and international accounting professional knowledge, and help global students master IAAP core professional knowledge to the greatest extent. After obtaining certificates, students can connect MBA courses, EMBA courses and DBA courses of many well-known international universities and business schools. In recent years, many China enterprises have listed on the international capital market and a large number of international companies have entered China, so ICPA talents with international certified public accountants are in great demand.

4. IAAP qualification certificate holders mostly come from middle and senior managers such as certified public accountants, CFO, financial manager, cost accountant, internal auditor, CEO, cost accountant, budget analyst, investment director, investment manager, financial planner and other professionals who are engaged in foreign-related financial management in financial departments, financial institutions, banks/securities/insurance, auditing/accounting firms and financial and tax institutions around the world.