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Quality Assurance and Practice Monitoring
AIA members are professional qualified accountants having undertaken the AIA’s professional qualification or equivalent. All AIA members must undertake Continuing Professional Development (CPD), adhere to AIA Public Practice Regulations and abide by the International Federation of Accountants (IFAC) Code of Ethics.
When you apply for or renew your practising certificate, you agree to co-operate with AIA in our Quality Assurance and practice monitoring process.
AIA's monitoring and supervision work ensures compliance with the AIA Constitution, Public Practice Regulations and legal and regulatory requirements such as the Money Laundering Regulations.
As part of AIA’s quality assurance programme members in public practice are subject to regular monitoring by trained reviewers, designed to ascertain the level of compliance with the above by enabling you to demonstrate that you have adequate policies and procedures in place.
AIA Quality Assured
AIA Quality Assured status is given in acknowledgement of an AIA firm:
Maintaining high professional and ethical standards;
Implemented robust and suitable anti-money laundering measures; and
Undertakes the appropriate systems and procedures to comply with the AIA’s Public Practice Regulations.
What does this mean for clients?
Using a professionally qualified accountant means clients are putting their business in safe hands.
AIA members have committed to a professional qualification and are required to undertake continuous study to ensure they are up-to-date with changes in the profession.
Whilst AIA makes every effort to ensure all members meet high professional and ethical standards, are abreast of changes in the profession and maintain their career knowledge through CPD.
AIA members in public practice must have professional indemnity insurance to cover the risk in the unlikely event that they give a client inaccurate advice or are negligent in handling client affairs.
On those rare occasions when something does go wrong, AIA operates an effective complaints process to ensure members are accountable for their actions and behaviour.