A new designation by ICAEW to help you upskill your staff and recognise their achievements.
The Business and Finance Professional (BFP) designation from ICAEW provides a new route for your staff to gain recognition for their skills, knowledge and experience in business and finance. Building on the foundations of our established qualification, the ICAEW Certificate in Finance, Accounting and Business (ICAEW CFAB), this designation enables staff to develop their skills in ethics and recognises relevant work experience.
Investing in BFP, as an employer, improves the quality of decisions that employees make and the service they can provide to your customers and clients. This investment can also increase retention as employees see training and development as a key reason to join and stay at an organisation.
There are no minimum entry requirements so anyone in your team who is committed to their development and to increasing their professionalism can start working towards the designation. BFP is suitable for:
There are three key elements that need to be completed before your staff can apply for the BFP designation:
It is completely up to you whether you cover the costs of training and the annual subscription fee or you ask your employees to do so.
If you have any questions about applying for the ICAEW Business and Finance Professional designation please get in touch: