Membership Categories
The IFA has the following grades of membership:
- Fellow (FFA)
- Associate (AFA)
- Financial Accounting Technician (AFT)
- Students studying towards an IFA accounting qualification can join the Institute's Student Register.
Both Fellow and Associate members of the Institute are entitled to describe themselves as Incorporated Financial Accountants. Fellowship (FFA) is the senior grade of membership.
Members of the IFA work in various sectors of accountancy, including public practice, industry, commerce, the public sector and education.
Individual members who describe themselves as Incorporated Financial Accountants must be members of the IFA, and if they carry out public practice engagements, must comply with additional regulations such as holding a practising certificate and adequate professional indemnity insurance.
Members are expected to improve and maintain their accounting knowledge and skills through lifelong learning by a structured Continuing Professional Development (CPD) programme.
Read more about this topic: Institute Of Financial Accountants
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