The GlobeThe world of IAB and IAAP

An official publication of the International Association of Bookkeepers and the International Association of Accounting Professionals.

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Worthy winners recognised at IAB and IAAP AwardsThe House of Commons Terrace Pavilion was a fitting location for the IAB and IAAP International Business and Skills Awards 2017, which inspire and recognise excellence in IAB and IAAP members, accredited centres, students and other professionals.The event also celebrates and champions the critically important contributions that bookkeepers, payroll professionals, accountants, apprentices and enterprise mentors make to the success of millions of micro and small businesses.

Among the awards presented to centres are the Silver and Gold Centre awards. The criteria is based on success rate of students, length of accreditation and the number of students who are registered to study IAB/IAAP qualifications. The winners were: International Silver Centre Awards• LLC ‘Al-Terra’ – Ukraine• PSP Audit LLC – Ukraine•  GAMA Investments Inc. – St Lucia

International Gold Centre Awards•  British Institute for Accounting & Management (BIAM)

– Iraq• Kolej ASA – Malaysia•  International Institute of Management – Lithuania• KPMG – Oman•  School of Economics and Law FBK-Bel LLC – Belarus

IAAP Awards•  Special Recognition Award for Professional Skills Develop-

ment: LLC ‘Al-Terra’ – Ukraine•  IAAP Silver Centre Award: Omega Global Education Group

(M) Sdn Bhd – Malaysia

LLC ‘Al-Terra’ Awards•  Outstanding student performance in IAB/IAAP vocation

related programmes over two years: Diana Levkovets•  Fastest progressing student in IAB/IAAP bookkeeping &

accountancy qualifications 2016/2017: Tatyana Alyokhina

School of Economics and Law FBK-Bel LLC Awards•  Bank accountant of the year 2017 in Belarus: Maria

Orlovskaja•  Real sector accountant of the year 2017 in Belarus:

Anastasia Vorobei

UK Silver Centre AwardsSouth:• E-Careers Limited• Lewisham Southwark College

North:• 3 Counties Accounts Training Service• HMP Northumberland• Leicester Adult Skills & Learning Service

Northern Ireland:• South Eastern Regional College• Tr@init ICT Training Providers

UK Gold Centre Awards• TDLC• Northern Regional College• Belfast Metropolitan College

All change at the IABAfter 11 years as CEO of the IAB and the IAAP, Malcolm Trotter moved into a newly created role on 1 January 2018. Janet Jack, former IAB Chair, has been appointed into the CEO role.As International Vice President, Malcolm will continue the IAB’s and IAAP’s drive to support the bookkeeping profession in countries around the world – he has visited four countries in the last 12 months, and many more in his time as CEO. By moving this focus to a dedicated role, it allows the newly appointed CEO to take a fully strategic approach to the future of the Association and to ensure the profession in the UK is also supported.

Janet is currently the Finance Director at the Federation of Small Businesses, and runs her own bookkeeping practice, where she has worked with many businesses from a range of sectors. Her range of experience will help her steer the success-ful future of the IAB and IAAP.

Malcolm will also support Janet in advising the Council on government and policy initiatives that af-fect bookkeepers and small businesses. On his new role, Malcolm says: ‘I am really excited about this

change. I have always championed the bookkeeping

profession, both in the UK and in the IAB and IAAP’s

established and emerging markets, and I really value

the opportunity to spend more of my time supporting

the IAB and IAAP in this way. It has been an honour to

be CEO, and I’m delighted that Janet will succeed me

– I know she will bring energy and commitment

to the role.’

Janet says: ‘I am passionate about the success

of the IAB and IAAP, and believe that bookkeeping

as a profession will continue to grow. I would like to

thank Malcolm sincerely for all his hard work as CEO,

and I’m looking forward to taking the organisation

forward in 2018 and beyond.’

Sue Renaut will succeed Janet as the IAB and IAAP Chair.

Issue 3 January 2018

Janet Jack, Sue Renaut and Malcolm Trotter

Corporate Associate Partners

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Are you aware of our international coverage?

 The IAB and IAAP continue to expand their

global coverage, having Accredited Centres as far afield as Latin America to the west and India to the east. In the past year we have established

operations in four new countries and are committed to continue this growth in the coming years.

To view all the countries where the IAB and IAAP have Accredited Centres please visit:

www.iab.org.uk/international-centreswww.accountingprofessional.org/

international-centres

IAB and IAAP around the world

A feature of the Annual Awards event in London is the International Development Meeting. The event is key for international centres, enabling them to keep updated with the latest developments in the world of IAB and IAAP, network with other centres and meet the Head Office team, including the Associate Directors of International Development.

A host of representatives from all over the globe came together for the event. This year people attended from Iraq, Belarus, Ukraine, Russia, India, Malaysia and China, an endorsement of the international appeal we have.

Head Office team members had prepared detailed presentations. Rianan Hogg explained the administration procedures and discussed methods to improve these in collaboration with Centres. Thomas Bird introduced the Certificate Validation which can now be found on the IAB website: www.iab.org.uk/qualification-checker-certificate-validation-service/. There is also a Certificate Validation page on the IAAP website: www.accountingprofessional.org/qualification-checker-and-certificate-validation-service.

This allows any student to confirm their IAB or IAAP qualification immediately, ultimately proving the validity of their certificate to any prospective employer in any country at the click of a button.

International Vice President, Malcolm Trotter concentrated on developments and plans for the coming months. A highlight of this will be the introduction of RQF qualifications into the overseas market, with the intention to appoint Centres willing to trial these and collaborate in successful implementation. Malcolm also informed the delegates that the IAB has released an updated version of the Level 4 Certificate in Accounting to International Standards qualification, available already in English and Russian.

Max Lee and Andy Eames travelled to the event to share their experiences and expertise in supporting the centres in the regions they cover. The focus was on how Centres can increase market coverage, and how to encourage students to go on and study further IAB and IAAP programmes. The opportunity to develop one’s own programmes responding to regional needs and have these programmes quality assured by IAAP is a key area

of business potential.Guest speaker Christine Vaudrey, Head of

International with Liverpool Vision, invited Centres to organise delegations to attend the International Business Festival, which will be held in Liverpool in June 2018, and which is committed to assisting small medium size enterprises to establish global connections.

After a networking buffet lunch, Geoff Barclay focused on the opportunities open to Centres to further their own businesses and to consolidate their relationship with IAB and IAAP in the best interests of students. Particular attention was drawn to the opportunities in membership recruitment and the establishment of regional hubs to further promote activity.

INTERNATIONAL

Delegates at the International Development Meeting

Winners from around the world at the IAB & IAAP awards

BELARUS

UKRAINE

IRAQ

RUSSIA

INDIA

CHINA

MALAYSIA

IAB and IAAP around the world

In September 2017, Malcolm Trotter travelled to Malaysia to meet with a new centre, Sunway College Kuching. Sunway College chose to offer IAB qualifications to meet the growing demand for bookkeepers in Malaysia. While there Malcolm also met with the Second Minister of Finance, Dato Sri Wong Soon Koh who stated that Sarawak is in great need of qualified finance professionals.

Wong noted that Malaysia requires 60,000 bookkeepers by 2020 but at present there are only 33,000 bookkeepers nationwide.

He said: ‘Organisations in any industry, be it

banking, retail, manufacturing, e-commerce or

online, require skilled accounting personnel to

accurately record transactions, balance the books,

and prepare true and fair financial statements.’ Wong said he hopes the MoU will help

produce more bookkeepers for Sarawak, and provide local students with more opportunities to complete an internationally recognised professional bookkeeping qualification locally.

Speaking about the MoU and becoming an IAB accredited centre, Sunway College Kuching CEO Joseph Lim said: “Sunway College will demonstrate that its classroom teaching system provides quality support to learners towards IAB qualifications.

‘We will work with IAB to stimulate interest

among students in Sarawak to pursue finance as a career and to come into the IAB programme.’

Malcolm said that there is an increasing need for skilled workers in this era of global economic growth and rapid technological development.

He added: ‘Employers say that graduates lack

employability skills, meaning people do not have

the immediate skills that make them attractive,

ready to work and technically competent.’

MALAYSIA

New IAB centre in Malaysia to meet the growing demand for bookkeepers

!

Globe is published by the the International Association of Bookkeepers (IAB) and the International Association of Accounting Professionals (IAAP) , Suite 5, 20 Churchill Square, Kings Hill, West Malling, Kent, ME19 4YU, United Kingdom. Information on this publication is provided “as is” without warranty of any kind, either express or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose, and non infringement. In no event will the IAB or IAAP be liable for damages of any kind, including without limitation any special, indirect, incidental, or consequential damages even if the IAB or IAAP has been advised of the possibility of such damages. Although every effort is made to ensure the correctness of information submitted for publica-tion, the IAB or IAAP assumes no responsibility for errors or omissions in this publication or other documents that are referenced by or linked to this publication. Opinions, conclusions and other information in this message that do not relate to the official business of the IAB or IAAP are neither given nor endorsed by it.

Geoff Barclaygeoffb@iab.org.uk +44 (0)781 6537981Geoffrey has represented IAB in an international capacity since 2008.

Igor B. Zhuralev, Ph.D., Ass.Prof. zhur@ur.rags.ru +7 495 231 1059Igor is a Principal at Postgraduate-RAA, a Professional Development Institute, Auditing & Advisory company.

Max Leemaxleesc@gmail.com Malaysia +6012 6787229Max is IAB and IAAP South East Asia region representative and Coordinator.

Andy Eamesandye@iab.org.uk UK: +44 (0)778 6817969 India: +91 938 7603444Andy is an Associate Director of International Development.

Meet the IAB and IAAP international development teamWith our expert international team overseen by International Vice

President Malcolm Trotter, development is coordinated worldwide. As

a result, the IAB’s and IAAP’s global network is growing fast. If you’re a

training organisation and would like to find out how to become an IAB or

IAAP accredited centre, our regional representatives can help you with any

questions you have. Simply contact any of the representatives below.

Professional membership to take your students’ careers to the next level in 2018Do your students want to stand out from the crowd?Once they have successfully completed an IAB Level 2 qualification or higher they are eligible to upgrade their student membership and become an IAB professional member. As an accredited centre providing IAB qualifications you may also be able to apply for professional membership providing you have the relevant qualifications.

By passing IAB qualifications, your students will be able to offer financial expertise to countless businesses in need of

their skills. As a professional looking forward to the future in the bookkeeping and accountancy world, they will understand how crucial it is to be trained, to outshine the competition and compete with the best.

Whether your students want to start their own bookkeep-ing business or secure a position in an accountancy practice or local business, joining the IAB as a Professional Member will enhance their job prospects.

Key benefits of IAB Professional Membership…Below are some of the key benefits available to your students if they join the IAB as a professional member

Gain more status•  Entitlement to use the IAB’s designatory letters after your

name, elevating your status to the highest professional level in the industry.

•  Upgrade your skills and continue your professional development through online modules – enabling you to learn new skills.

•  Let future employers and clients know you are ahead of the field. By joining a professional body you’re sending a clear message that you have the required qualifications and/or experience, keep up to date with matters relating to your profession and maintain a good level of Continuing Professional Development (CPD) to further improve your knowledge and skills.

Gain more time•  Gain best practice advice in your members handbook

which is packed with invaluable information and sample documents to save you time such as Letters of Engage-ment, Compliance Checklists, etc

•  Access money-saving discounts on translation services and language and professional training courses

Gain more support•  Access a wealth of information and practical tools

through your online membership portal•  Regular email newsletters and print magazines from

the IAB to keep you up to speed with all the latest news, industry and legislation developments

Membership grades…           Depending on the qualifications and experience which your students have gained, they could be part of an international

network of members across 60 countries at one of the following levels:

• Associate (AIAB)• Member (MIAB)• Fellow (FIAB)Fellow members may in addition, use the title Registered

Bookkeeper ™, a mark of professional excellence and a signal to employers and businesses that you’re at the very top of your field.

Further information about the routes into professional membership can be found here: https://www.iab.org.uk/join-the-iab/routes-to-membership/

IAAP professional membership…The IAAP is also a professional body and once your students have successfully completed an IAB Level 3 qualification or equivalent with another recognised awarding body then they would be able to apply to become an IAAP professional member. To find out about the routes into IAAP professional membership please visit: http://www.accountingprofessional.org/membership.

How to Apply…To receive an application form, fees list or for any other queries please contact the membership team:  membership@iab.org.uk or +44 (0) 1732 897750 for assistance.

The key to success in offering IAB and IAAP qualifications is attracting students who require the in-demand skills and knowledge which the qualifications provide. By teaching the qualifications you are helping to provide vital skills to individuals around the world to enable them to launch a new career or progress within their current chosen career.

If you’re looking for ways to increase the number of students on your courses, below are some ideas which you might like to consider: •  Work closely with your IAB/IAAP regional

representative to gain further understanding of the IAB and IAAP qualifications. This will enable you to offer the qualifications which best meet the needs of your target audience and will therefore be easier to market. Our representatives can also work with you to establish the right business model to help your centre succeed.

•  Use the IAB and IAAP’s marketing materials to help promote the qualifications you offer. Online versions of these materials can be downloaded by logging into the Centre Area of the IAB website: https://www.iab.org.uk/login/. These materials are available for you to use for marketing as you wish. If you require copies of these items sent to you in the post please let us know. Should you wish to add your company logo to any of the marketing materials we can also provide you with the artwork so you can edit this.

•  Let us know about any events you have arranged such as graduation ceremonies. A member of the IAB and IAAP team may even be able to attend to assist with the presentation of certificates. Feel free to share with us photos from the events and articles as we can then share these within our various communications channels, to promote the success of your centre and students.

•  Share news from your centre with us so we can share this with our centres, student members and professional members around the world. You might have news on initiatives you are working on to support more individuals to access employment opportunities, updates on how you are responding to particular national circumstances (government regulation, professional standards, career choices) etc.

If you have any questions about any of the above ideas or would like to share with us any news items or photos from events please contact Kelly Orford: kellyo@iab.org.uk or +44 (0)1732 897750

Recruiting more students for your Centre