accounting tehnician vs accountant

AATnovice
Registered Posts: 46 ๐ซ ๐ฏ ๐ซ
what is the difference?
just while we are here, what is the difference between an accountant and a chartered accountant?
many thanks in advance
just while we are here, what is the difference between an accountant and a chartered accountant?
many thanks in advance
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Comments
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theoretically anyone can be an accountant, if that's what your job title says you are. To be a chartered accountant you need to have either CIMA/ACA/ACCA
I believe this is correct, I'm sure someone will put me right if not0 -
Google 'accounting vs accountancy'...it's not a well-defined difference, but accounting seems to be the skill of keeping and preparing accounts, whereas accountancy goes beyond that to encompass interpretation, consulting, advising etc. For example, a bookkeeper uses accounting, but not accountancy. I think :blushing:0
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I have wondered this too when my teacher told me she'd originally wanted to be a chartered accountant.
On this sort of subject, I do see a lot of ppl talk about about cima and acca but what sort of training do these do and what do they lead to?
Thank you. X0 -
If you look up the various bodies websites they will give you a better idea. Essentially it's progression, AAT is like A-levels (although by academic standards level 4 is higher than A-levels), whereas the chartered/certified quals are degree/masters level. So you're qualified to a higher standard and qualified to do more things. Whether or not having the qualificatiis of benefit to you depends on what you want to do in accountancy.0