London-based staff at the Chartered Institute of Public Finance and Accountancy (CIPFA) have relocated to ICAEW’s headquarters, further strengthening the bodies’ commitment to working together more closely.

In 2023, ICAEW and CIPFA pledged to deepen their strategic alignment, with the aim of delivering better outcomes for members, students and the global accountancy profession. As part of this partnership, CIPFA members and staff already benefit from access to the facilities at Chartered Accountants’ Hall, including its business centre, library, and the One Moorgate Place club. 

Alan Vallance, ICAEW CEO, said: “CIPFA’s move is a strong physical symbol of our commitment to closer working, and is another significant milestone in our partnership. Having our people in the same building will bring about deeper collaboration on a daily basis, from the informal ad-hoc discussion that occurs when working in the same place to more formal in-person meetings.

“This will help us achieve better outcomes for members and students, and ultimately benefit both the profession and the wider public sector economy.”

Rob Whiteman, CIPFA’s CEO, added: “This move is a key step in our closer relationship with ICAEW but at the end of the day, this is about achieving the best outcomes for the public sector and our members. CIPFA will continue to benefit from our training and meeting spaces in Mansell Street, however, co-location with ICAEW solidifies the relationship between our two institutes in London – one which I believe will support ever deeper relationships, and collaboration and innovation across our teams.”

Coming to the end of his tenure as CIPFA CEO this month, Whiteman added: “I am thrilled that this is one of my last acts as CEO of CIPFA, to set ourselves up for success in the future under my successor Owen Mapley.”

Since the declaration was announced, the institutes have launched a fast-track route for newly qualified CPFA and ACA accountants to gain dual membership and designation.

Additionally, ICAEW’s Professional Standards Department has taken over the assessment, investigation and prosecution of all CIPFA complaints, and ICAEW and CIPFA international teams are working together to submit joint bids for donor-funded projects to deliver international capacity building expertise.

Listen to the ICAEW Insights podcast, which explains how ICAEW members can apply for dual membership with CIPFA.