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The '''Association of Corporate Treasurers''' (or ACT for short) was founded in 1979. It is the only British professional body specialising in the profession of corporate treasury.
The '''Association of Corporate Treasurers''' (or ACT for short) was founded in 1979. It is the only British professional body specialising in the profession of corporate treasury and is both an examining body, providing a wide range of qualifications for those working in treasury, risk and corporate finance and a membership organisation which supports and represents its members.


There are two possible routes to membership of ACT. Most members are individuals who have completed ACT's professional qualifications. The levels of membership are:
Professional membership of the ACT may be obtained at two levels:


* Associate Membership (AMCT)
* Associateship
* Membership
* Membership (MCT)
* Fellowship (FCT)
* Corporate Membership
* International Affiliates


Associates use the designatory letters AMCT, while members are entitled to use the letters MCT. Fellowship is the highest level of membership of the Association and confers the right to use the designatory letters FCT. It is a public recognition of the fact that the individual has made a contribution to the treasury profession.
The Associateship qualification is set at professional entry level and gives a thorough overview of the fundamentals of treasury management. These concepts are developed further in the Membership examinations.


Many members of the ACT are also qualified accountants who belong to a member organisation of the [[Consultative Committee of Accountancy Bodies]].
Associates use the designatory letters AMCT, while members are entitled to use the letters MCT. Senior members may obtain Fellowship of the Association, and use the designatory letters FCT.


The ACT is a member of the [http://www.eact.eu European Association of Corporate Treasurers] and the [http://www.igta.org International Group of Treasury Associations], the umbrella bodies for corporate treasury organisations in Europe and worldwide.
Most members of the ACT are also qualified accountants who belong to a member organisation of the [[Consultative Committee of Accountancy Bodies]].

The ACT is a leading member of the [http://www.igta.org International Group of Treasury Associations], an umbrella body for corporate treasury organisations worldwide.


==Global Partnership==
==Global Partnership==


* Automatic exemption from stage 1 of the AMCT Diploma, the Associate Membership qualification is available for all accountants qualified through IFAC member bodies. The ACT also offers a fast-track route for qualified accountants who wish to gain AMCT. This accelerated course of study is open exclusively to ACCA members and affiliates, CIMA members and students, ICAEW members and ICAS members.
* According to the agreement between Association of Corporate Treasurers (ACT) and [[Association of Chartered Certified Accountants]] ([[Association of Chartered Certified Accountants|ACCA]]), [[Association of Chartered Certified Accountants|ACCA]] members may access an accelerated route to Associate membership of the UK's Association of Corporate Treasurers (or ACT for short) .


==External links==
==External links==

Revision as of 11:26, 24 November 2010

The Association of Corporate Treasurers (or ACT for short) was founded in 1979. It is the only British professional body specialising in the profession of corporate treasury and is both an examining body, providing a wide range of qualifications for those working in treasury, risk and corporate finance and a membership organisation which supports and represents its members.

There are two possible routes to membership of ACT. Most members are individuals who have completed ACT's professional qualifications. The levels of membership are:

  • Associate Membership (AMCT)
  • Membership (MCT)
  • Fellowship (FCT)
  • Corporate Membership
  • International Affiliates

Associates use the designatory letters AMCT, while members are entitled to use the letters MCT. Fellowship is the highest level of membership of the Association and confers the right to use the designatory letters FCT. It is a public recognition of the fact that the individual has made a contribution to the treasury profession.

Many members of the ACT are also qualified accountants who belong to a member organisation of the Consultative Committee of Accountancy Bodies.

The ACT is a member of the European Association of Corporate Treasurers and the International Group of Treasury Associations, the umbrella bodies for corporate treasury organisations in Europe and worldwide.

Global Partnership

  • Automatic exemption from stage 1 of the AMCT Diploma, the Associate Membership qualification is available for all accountants qualified through IFAC member bodies. The ACT also offers a fast-track route for qualified accountants who wish to gain AMCT. This accelerated course of study is open exclusively to ACCA members and affiliates, CIMA members and students, ICAEW members and ICAS members.