The Chartered Institute of Management Accountants (CIMA) has entered into a training agreement with the World Bank, the first UK-based accountancy body to do so.
Under the terms of the deal, staff at the bank's headquarters in Washington DC will receive training in CIMA's professional accountancy qualification.
Charles Tilley, chief executive of CIMA, stated that everyone involved with the institute was delighted that an agreement had been reached with the World Bank.
He said: "This is an organisation with exacting professional standards and it has a critical role in fighting world poverty.
"We feel the CIMA qualification will give the relevant people in resource management the broad-based business, and above all strategic, focus that is so essential in the bank's work in more than a hundred countries."
CIMA was already working with the bank on a number of projects, including efforts to strengthen the local accountancy body in Bangladesh.
The World Bank was founded in 1944 and provides financial and technical assistance to developing countries all over the globe.
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