Professional Association

AIFA (Association of Independent Financial Advisers)
The Association of Independent Financial Advisers (AIFA) was a prominent professional association representing the interests of independent financial advisories across the UK. Its mission was to ensure that consumers receive independent and high-quality financial advice.
Chartered Institute of Management Accountants (CIMA)
The Chartered Institute of Management Accountants (CIMA) is a professional association founded in 1919, primarily serving professionals working in industry and commerce. CIMA is renowned for its focus on management accounting.
Chartered Institute of Public Finance and Accountancy (CIPFA)
The Chartered Institute of Public Finance and Accountancy (CIPFA) is a professional association founded in 1885, primarily serving public-sector accounting professionals. CIPFA provides training, qualifications, and a community for those involved in public finance and accountancy.
Professional Association
A Professional Association refers to a formal organization of professionals within a specific industry or profession, typically designed to provide networking opportunities, continuing education, and policy advocacy. This organization is crucial for maintaining standards, ethics, and ongoing professional development within various fields such as law, medicine, accounting, and engineering.
Professional Association (P.A.)
A Professional Association (P.A.) is a legal entity that allows professionals to practice within the framework of a designated organizational structure while benefiting from certain protections and tax advantages.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.