This grade is for those who possess a Foundation Degree in Accounting or Business Management, a Higher National Diploma or other acceptable qualification at Level 4.
For those candidates without the academic qualifications, the Academy is shortly to introduce a scheme of APL (Accreditation of Prior Learning)
that will be based on gathering evidence from the workplace to prove competence. This will be assessed by the Faculty Assessor against of set of standards.
This will cover:
– Financial Reporting;
– Managerial Finance ( Management Accounting);
– Cash Management and Credit Control;
– Ethics and Business Practice.
Licentiate holders can after a period of 5 years apply for assessment for Associate status.