Last updated: 27 Sep 2021 03:23 Posted in:
The new AIA professional qualification has been independently assessed by the UK National Information Centre (UK ENIC, formerly NARIC) for global qualifications and skills, to ensure it remains at the appropriately high specification.
AIA commissioned the independent evaluation and benchmarking of the updated AIA Professional Qualification (PQ) for first assessment in November 2021, in relation to the Regulated Qualifications Framework (RQF). The overall aim of this benchmarking exercise was to facilitate wider understanding of the comparable educational levels of all three levels of the programme and the AIA International Accountant (IA) designation.
The report found the following comparability in the context of the UK education system, as follows:
The assessment of the qualification used a well-established methodology for benchmarking qualifications to examine each qualification’s entry requirements, duration, structure, content, learning outcomes, modes of learning, assessment, and associated outcomes.
AIA President, Shahram Moallemi said: "As part of the AIA's ongoing qualification evaluation cycle, UK ENIC (the UK national agency for international qualifications and skills) recently completed an independent review and found the AIA professional qualification to be comparable to a UK Master’s degree or a postgraduate diploma. The assessment and findings will help individuals and organisations accurately assess the AIA professional qualification, make international comparisons and reassure those using the services of AIA members that they can expect the highest standards."
AIA also maintains its recognition as a Recognised Qualifying Body (RQB) for statutory auditors in the UK, as a Prescribed Body under the Companies (Auditing and Accounting) Act 2014 in the Republic of Ireland, as a supervisory body under the UK and ROI Money Laundering Regulations.
Read the Full Report