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Cipfa offers fast track system

News Article - 12 January 2007
Category: Business

The Chartered Institute of Public Finance and Accountancy (Cipfa) has joined forces with a national initiative to provide businesses with a faster route to accreditation.

After Cipfa signed an agreement with a business improvement body, employers with the Investors in People Standard will now be able to obtain the accountancy association's accredited status without the need for a formal assessment.

The signing of the deal took place earlier this week at Cipfa's head office in London and the chief executive of the accountancy body revealed he was looking forward to future close collaboration with Investors in People.

"This partnership will be of great benefit to employers in both the public and private sectors and it will help Cipfa to recognise the best practice standards of many more organisations," remarked Steve Freer from Cipfa.

A business improvement tool, the Investors in People Standard was developed 17 years ago and is intended to help companies enhance their business performance through its management of staff.

The body states that the accreditation system is reviewed every three years in order to ensure it retains its relevancy in the modern business world.

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