accounting tehnician vs accountant

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AATnovice
AATnovice Registered Posts: 46 Epic contributor 🐘
in General discussion
what is the difference?

just while we are here, what is the difference between an accountant and a chartered accountant?

many thanks in advance

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  • sonya11
    sonya11 Registered Posts: 27 Epic contributor 🐘
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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 not
  • CeeJaySix
    CeeJaySix Registered Posts: 645
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    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:
  • stevef
    stevef Registered Posts: 258 Dedicated contributor 🦉
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    sonya11 wrote: »
    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 not

    or CIPFA!
  • Kelly7
    Kelly7 Registered Posts: 218 Beyond epic contributor 🧙‍♂️
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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. X
  • CeeJaySix
    CeeJaySix Registered Posts: 645
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    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.

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