ICAS Members are now eligible for exemptions across a range of Association of Corporate Treasurers (ACT) qualifications
With new exemptions from the Association of Corporate Treasurers qualifications, it has never been easier for ICAS Members to become dual qualified in treasury and accountancy.
If you’re interested in expanding the finance activities you’re currently involved in, and want to influence business decisions at a strategic level in international business, then adding a portable, recognised treasury qualification to your skill set will help.
ACT offers a progressive pathway of globally recognised qualifications designed to support you at every level of your career and, thanks to a new agreement, wherever there is overlap between their syllabus and the ICAS CA syllabus, mutual exemptions now apply.
For example, as an ICAS Member you need only take one exam to obtain the ACT Certificate in Treasury, thanks to qualifying for exemption from four of the five required units. ICAS Members are also exempt from two of the four units necessary to qualify for the ACT Diploma in Treasury Management and from two of the units that count towards the Certificate in International Cash Management.
Treasury – the perfect addition to your skill set
What is treasury?
Businesses must raise money to pay for what they need to run that business. Treasury knows how and where to raise money and how to get this money, together with the money from profits, to where it needs to be. Treasury knows how to invest spare cash safely. It understands the risks a business faces and how to measure and respond to them. Treasury is a key enabler of business strategy and driver of shareholder value.
What is the difference between accountancy and treasury?
Treasury is not accountancy, however the two complement each other perfectly.
Accountancy is a key function in any organisation keeping all financial transactions in order. Treasurers are strategic financial managers managing the liquidity of a business and their decisions directly impact the profit, loss and financial health of a company. The most effective CFOs combine the two skill sets to ensure they’re approaching all their decisions in the most informed manner.
Where can I find out more about treasury?
The Association of Corporate Treasurers (ACT) is the chartered body for treasury professionals. ICAS and the ACT are partner professional bodies, working together to further the development and raise the profiles of finance professionals. More information about the ACT and treasury as a profession can be found here:
How can I expand my skill set?
If you’re looking to open doors to further career opportunities, then the ACT sets the industry benchmark for qualifications in treasury.
Special exemptions for ICAS qualified members
ICAS and the ACT have worked closely together to map our syllabuses, and where there is overlap, exemptions apply.
Certificate in Treasury Fundamentals (CertTF)
ICAS Members are eligible for a full exemption.
Find out more about the Certificate in Treasury Fundamentals and buy exemptions:
Certificate in Treasury (CertT)
ICAS Members are eligible for exemption from the units 1, 2, 3 and 5 of the CertT. Unit 4 is the only mandatory unit required to qualify.
Find out more about the Certificate in Treasury and buy exemptions:
Diploma in Treasury Management (AMCT)
ICAS Members are eligible for exemption from units 1, 3 and 4B. The mandatory units required to qualify are 2 and 4A.
Find out more about the Diploma in Treasury Management and buy exemptions:
Certificate in International Cash Management (CertICM)
ICAS Members are eligible for exemption from units 1 and 2. Units 3 to 7 are the mandatory units required to qualify.
Find out more about the Certificate in International Cash Management and buy exemptions:
Download the Association of Corporate Treasurers qualifications (ACT) brochure
What do ICAS members have to say about treasury and the ACT?
“Having chosen accountancy, and specifically gaining my CA with ICAS, as a career I was soon drawn to the world of Treasury. All the ACT qualifications are natural complimentary qualifications for any ICAS Chartered Accountant, successfully completing both demonstrates breadth of knowledge as well as technical depth. Whilst I have just completed the Advanced Diploma in Treasury Management, all qualifications also offer the opportunity to meet other treasury professionals and build your treasury network which can be useful for collaboration, not only during study, but also in the work place long after the qualification is completed.”
Adrian Sargent, FCT, CA - ESG Treasury
Get in touch
If you’d like to find out more about treasury, speak to someone about how treasury can complement your career, or find out more about any of the ACT qualifications, please contact their learning team on +44 (0) 20 7847 2529 or email@example.com.