New education offering

Chartered Accountants Ireland, Ireland’s leading accountancy body, has launched a new education programme for its 6,665 students across the island.

The new programme seeks to address current market and employer needs, anticipate future skills requirements and puts additional supports in place for its student body.

The updated Chartered programme will include new final year specialist elective subjects, some for the first time anywhere in the world. The Institute is the only accountancy institute in the world to offer this unique blend of elective subjects to its final year students.

The programme will be available to students from October 2018 and represents the largest single reform of the Institute’s education offering in more than a decade. Taken together, the new initiatives will make the Chartered qualification even more attractive for new graduates and experienced professionals alike.

The updated education programme includes the following significant enhancements and updates:

  • A new elective subject in financial services, available to final year (FAE) students, offered in partnership with the Institute Of Banking
  • A new FAE elective in finance and accounting in the public sector, in partnership with the Chartered Institute of Public Finance and Accountancy (CIPFA)
  • A new FAE elective, ‘Advisory’ replaces an existing elective and will appeal to students looking to specialise in consultancy
  • New pathways to membership, for example more exemptions from the Institute’s professional exams will be offered to people who have already passed corresponding exams in university or with other bodies

Overview of Financial Services elective 

The elective will be of interest and particular relevance to those working, and those seeking to work, in the banking or investment funds industries. The focus of this elective is the strategic financial management issues facing those working in, managing and leading finance functions in the Banking and Investment Fund Services industries.

Topic summary
1. The financial services environment
2. Business lending – credit risk assessment
3. Investment funds
4. International trade risk management strategies and products

Learning Outcomes
• Provide an overview of the financial services sector and current developments therein
• Demonstrate an understanding of business lending and how to analyse credit risk
• Demonstrate an understanding of the investment funds industry and the legal and regulatory framework within which the industry operates
• Understand the risks associated with international trade and advise on various risk management strategies and products

Overview of Public Sector elective 

The focus of this elective is the strategic financial management issues facing those working in, managing and leading finance functions in the public services. The elective focuses on financial management issues in the full range of public service organisations – those funded by taxation and those funded through other means – including national government departments and agencies, local government, health bodies, universities and other educational institutions, charities, mutual organisations and social enterprises.

Topic summary
1. Sources of finance available to public service organisations
2. Financial planning and strategy development in the public sector
3. Application of tools and techniques to support strategy development and delivery of objectives

Learning Outcomes
• Discuss and evaluate the specific sources of finance available to public service organisations including grants, taxes, aid and charging
• Discuss, analyse and evaluate the issues surrounding financial planning and strategy development in the public services and the role of finance manager in public service organisations
• Discuss, evaluate and apply practical tools and techniques that support strategy development and delivery of objectives for public service organisations, including managing demand, effective business cases and appropriate performance management.

Overview of Advisory elective 

The elective will be of interest and particular relevance to those working, and those seeking to work, in industry or advisory departments of practice firms.
The elective will cover the strategic models that are used to assist organisations/clients in strategic decision making and the implementation/evaluation of business strategies.

Topic summary
1. International Business - Strategy, Culture, Governance and Organisation
2. Decision Making in an International Context
3. International Treasury Management
4. Management Accounting and Performance Measurement
5. Leadership and Soft Skills

Learning Outcomes
• Assess the impact of international business on an organisation’s strategy, culture, governance and organisation
• Provide good quality analysis to support decision-making in relation to international business opportunities
• Advise on international treasury management issues
• Understand management accounting and performance management in an international context and suggest ways of improving systems
• Understand the functional effects of leadership on the culture of an organisation and the characteristics required to lead an organisation.


Press releases

Ireland’s biggest accountancy body unveils new student education programme

Jun 26, 2018

Ireland’s leading accountancy body, Chartered Accountants Ireland, today (Tuesday 26 June) announced the launch of a new education programme for its 6,665 students across the island. The new programme seeks to address current market and employer needs, anticipate future skills requirements and puts additional supports in place for its student body.

NEWS BODY - Irelands biggest accountancy body unveils new student programme-min

The updated Chartered programme will include new final year specialist elective subjects, some for the first time anywhere in the world. Chartered Accountants Ireland is the only accountancy institute is the world to offer this unique blend of elective subjects to its final year students.

The programme will be available to Chartered Accountants Ireland students from October 2018 and represents the largest single reform of the Institute’s education offering in more than a decade. Taken together, the new initiatives will make the Chartered qualification even more attractive for new graduates and experienced professionals alike. 

The updated education programme includes the following significant enhancements and updates: 

  • A new elective subject in financial services, available to final year (FAE) students, offered in partnership with the Institute Of Banking
  • A new FAE elective in finance and accounting in the public sector, in partnership with the Chartered Institute of Public Finance and Accountancy (CIPFA)
  • A new FAE elective, ‘Advisory’ replaces an existing elective and will appeal to students looking to specialise in consultancy
  • New pathways to membership, for example more exemptions from the Institute’s professional exams will be offered to people who have already passed corresponding exams in university or with other bodies

More information on the new FAE education streams >>>

To coincide with this, the Institute has also launched a new, all-island advertising campaign to promote the career opportunities available for Chartered Accountants, new flexible routes to the qualification and the updated education programme. The advertising will run for the course of the summer on radio and digital formats and will be supported by open evening events in Dublin, Cork and Belfast – see www.charteredaccountants.ie/study for details.

Chartered Accountants Ireland Chief Executive Barry Dempsey commented:

“Chartered Accountancy is Ireland’s premier business qualification, highly sought after by leading employers, and is a secure, attractive profession.

“The new Chartered Accountants Ireland education programme responds to the changing nature of the accountancy and wider business sectors, and sets the profession on a sound footing for the future.

“In planning the new programme, we have listened to and collaborated with a wide range of stakeholders including our network of member firms, employers, other leading accountancy bodies, and our existing students, in order to devise a programme that is best in class.

“For anyone interested in an exciting and challenging career, my message is that Chartered Accountants are in extremely high demand, and the career opportunities on offer are exceptional.  The recent expansion of our entry pathways and flexible routes to the qualification now make it even more accessible for talented and ambitious graduates and professionals to progress in their careers with us.”

Director of Education and Training Ronan O’Loughlin said:

“Education never stands still and our programmes must keep pace with the rapidly changing business environment, new technologies and student expectations.  The new education programme does just that and will ensure that our members, Chartered Accountants, have the right blend of financial and technology skills and training to lead businesses into the future.”

ENDS

Reference: Bryan Rankin, Marketing Manager, Chartered Accountants Ireland:
T: (01) 637 7268

Note to editors:

  1. Chartered Accountants Ireland is Ireland’s biggest accountancy body with over 26,500 members based in over 90 countries.
  2. Chartered Accountants Ireland is the biggest single educator of accountants in Ireland and is the sole educator and examiner for students of Chartered Accountancy on this island. Chartered Accountancy students train and generate relevant experience in firms including the ‘Big 4’, mid-tier and small practices as well as businesses of every size and the public sector. The qualification can also be followed independently through the Chartered Accountants Ireland Flexible Route.

Have a question?

If you'd like to find out more, please get in touch with our Client Relationship team;

Robert Crosbie
Client Relationship Manager
+353 1 637 7345
Robert.Crosbie@charteredaccountants.ie

Sinead Fox-Hamilton
Client Relationship Manager - NI
 +353 1 523 3975 
Sinead.Fox-Hamilton@charteredaccountants.ie

Anastasia Myachina
Client Relationship Executive
+353 1 523 3976
Anastasia.Myachina@charteredaccountants.ie
 

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