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Grant Thornton UK receives CIPFA training accreditation


Grant Thornton UK is the first organisation to receive the Chartered Institute of Public Finance and Accountancy's (CIPFA) accredited training employer status for its public audit qualification (PAQ).

Grant Thornton UK accreditation follows the implementation of the Local Audit and Accountability Act 2014 passed by the UK government last year. Under the Act, CIPFA had been granted registered qualifying body status for local public audit by the UK Financial Reporting Council (FRC).

By becoming an accredited training employer, Grant Thornton UK's staff will be completing the recently launched specialist public audit qualification and will receive global recognition as chartered public finance accountants.

CIPFA chief executive Rob Whiteman said: "This new qualification and Grant Thornton's new status will enable us both to continue training and nurturing talent across the UK, which ultimately will have a long lasting and positive effect on the way the public finances are managed far into the future."

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