someone told me ...

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shaunjubb
shaunjubb Registered Posts: 25 Regular contributor ⭐
in AAT Level 4 (Level 8 in Scotland)
someone told me that cima is for industry and aca is for practise , what are your thoughts on this?

i currently work in industry and maybe have an opportunity to start ACA

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  • Rinske
    Rinske Registered Posts: 2,453 Beyond epic contributor 🧙‍♂️
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    http://forums.aat.org.uk/showthread.php?t=26168

    Try this thread. It's recent and a discussion on ACCA or CIMA.
  • slackda
    slackda Registered Posts: 460 Dedicated contributor 🦉
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    ACA is different to ACCA:-
    Quoted form BPP Website:

    ACA stands for Associate Chartered Accountant. This leading business and finance qualification is highly regarded worldwide due to its quality and professionalism. On completion you can become a chartered accountant in industry or practice, giving professional advice and making high-level strategic decisions.

    How to achieve the ACA
    You must:

    Complete a training contract for a period lasting three to five years.
    Pass the Institute examinations.
    Fulfil work experience requirements.
    Benefits of becoming an ACA
    Ensures career opportunities.
    International recognition opens up the prospect of working abroad.
    Increased salary and benefits.
    ICAEW
    The Institute of Chartered Accountants in England & Wales developed the ACA syllabus to meet the increasing needs of business. The ICAEW has high standards of professional conduct and competence and is the largest professional accountancy body in Europe, with over 128,000 members.

    Members of the Institute are entitled to the description of Chartered Accountant and to use the letters ACA or FCA (Fellow Chartered Accountant), depending on their experience and length of membership.
  • Rinske
    Rinske Registered Posts: 2,453 Beyond epic contributor 🧙‍♂️
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    Oh doh! I apologize, I was a bit too quick with posting, without reading the ACA instead of ACCA...
    Probably because I have been searching so deep into ACCA or CIMA lately!

    Anyways, this one might help as well:

    http://www.ambition.co.uk/accountancy-jobs/qualifications.asp

    I got the link from a friend a while ago and it's not very informative, but has a quick overview of all the different ones!
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034 mod
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    ACA training is good
    Many company FDs and MDs have ACA (ICAEW or ICAS in the UK)

    It will prepare you well
    Sandy
    sandy@sandyhood.com
    www.sandyhood.com

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