Finance professionals with qualifications from the Association of Chartered Certified Accountants (ACCA) can continue to work in Bermuda.

Industry body the Chartered Professional Accountants of Bermuda (CPA) said there had been some confusion after changes were made to the Chartered Professional Accountants Act last year, which led some to believe that only members of CPA Bermuda could refer to themselves as professional accountants and to their professional designations.

But ACCA said that, after talks with Government, it was made clear that ACCA members are able to work in Bermuda and use the ACCA designation after their names.

ACCA added that, while the amended law mans that anyone offering accounting services to the public must be a member of CPA Bermuda, there is nothing to prevent members of other bodies like ACCA from working in businesses in a wide range of roles, including internal audit, which do not require CPA Bermuda membership.

Brenda Lee Tang, the head of ACCA Caribbean, said: “We are delighted to have met with the Bermuda Government departments with whom we have had very constructive talks.

“To clarify further for employers and members of the public, ACCA members are able to refer to their designation, providing it does not create a false impression that they are members of CPA Bermuda or that they are in public practice.

“Finance professionals holding the ACCA or other designation who wish to work in public practice must register with CPA Bermuda and attain the appropriate credentials and authorisation.”