related documents
see also...
Professional Development
The professional development stream recognises employers who provide learning opportunities for ACCA members to support their Continuing Professional Development (CPD).
Specific criteria can be found in the Approved Employer assessment matrix.
ACCA CPD Unit Scheme Exemption
ACCA members who are employed by an Approved Employer under the Professional Development stream are automatically exempt from having to follow ACCA's CPD Unit Scheme Route. However, members are still required to complete their annual CPD declaration confirming they are covered under the Approved Employer route.
Investors in People UK
ACCA has an agreement with Investors in People UK in respect of the Professional Development stream of approval. The agreement enables organisations in the UK that hold Investor in People status to be automatically eligible for the Professional Development stream of ACCA Approved Employer.IIP recognised organisations in the UK and Ireland may apply directly for the award of Approved Employer (Professional Development stream), recognising the support they provide to qualified accountants and finance professionals.
IIP recognition held by organisations will be unaffected by any subsequent approval granted by ACCA. No additional work needs to be undertaken by IIP recognised organisations as ACCA will place reliance on IIP's application and assessment processes. The ACCA Approved Employer award will also be granted for a period which matches the period set by IIP for its Standard.
This means that any organisation which has its recognition renewed by IIP will be automatically eligible to have its Approved Employer award renewed. However, organisations which fail to meet IIP standards, and who subsequently lose their IIP status, will have their ACCA Approved Employer status suspended.
Issues relating to the approval of the organisation as an Approved Employer will be the sole responsibility of ACCA which will respond to concerns or queries about the Approved Employer programme from employers or ACCA members. IIP UK registered employers interested in obtaining the Approved Employer award should email employers@accaglobal.com.