The
Association of Chartered Certified Accountants (
ACCA) is a
British accountancy bodyBritish qualified accountants are full voting members of United Kingdom examining bodies that evaluate individual experience and test competencies for accountants...
which offers the
Chartered Certified AccountantChartered Certified Accountant is a British qualified accountant designation awarded by the Association of Chartered Certified Accountants ...
(Designatory letters ACCA or FCCA) qualification worldwide. It is one of the world's largest and fastest-growing accountancy bodies with 131,500 members and 362,000 affiliates and students in 170 countries (as at February 2009). The Institute's headquarters are in
London[]London is the capital of England and the United Kingdom. It has been a major settlement for two millennia, and the history of London goes back to its founding by the Romans, when it was named Londinium. London's core, the ancient City of London, the 'square mile', retains its medieval boundaries...
with the principal administrative office being based in
GlasgowGlasgow is the largest city in Scotland and third most populous in the United Kingdom. The city is situated on the River Clyde in the country's west central lowlands...
. In addition the ACCA has a network of nearly 80 staffed offices and other centres around the world.
The ACCA is a founding member body of the
Consultative Committee of Accountancy BodiesThe Consultative Committee of Accountancy Bodies is an umbrella group for the British chartered accountancy bodies.The CCAB was formed in 1974 and has six members:* Association of Chartered Certified Accountants...
(CCAB) and the
International Federation of AccountantsThe International Federation of Accountants is the global organization for the accountancy profession. IFAC has 157 member bodies and associates in 123 countries and jurisdictions, representing more than 2.5 million accountants employed in public practice, industry and commerce, government, and...
(IFAC).
The term 'Chartered' in ACCA qualification refers to the
Royal CharterIn medieval Europe, royal charters were used to create cities . The date that such a charter was granted is considered to be when a city was "founded", regardless of when the locality originally began to be settled.At one time a royal charter was the only way in which an incorporated body could be...
granted in 1974 by Her Majesty the Queen in the
United KingdomThe United Kingdom of Great Britain and Northern Ireland is a sovereign state located off the northwestern coast of continental Europe. It is an island country, spanning an archipelago including Great Britain, the northeastern part of Ireland, and many small islands...
.
Since
Chartered Certified AccountantChartered Certified Accountant is a British qualified accountant designation awarded by the Association of Chartered Certified Accountants ...
is a legally protected term, individuals who describe themselves as Chartered Certified Accountants must be members of ACCA and, if they carry out public practice engagements, must comply with additional regulations such as holding a practising certificate, being insured against any possible liability claims and submitting to inspections.
The
Association of Authorised Public Accountants (AAPA)The Association of Authorised Public Accountants is a British professional body for public accountants.The AAPA was formed in 1978 as a professional body for auditors recognised individually under the Companies Act 1948. AAPA achieved formal recognition by the Department of Trade and Industry in...
, one of the
British professional bodies for public accountantsBritish qualified accountants are full voting members of United Kingdom examining bodies that evaluate individual experience and test competencies for accountants...
, has been a subsidiary of ACCA since 1996.
History
ACCA can trace its history back to 1904 when eight people formed the London Association of Accountants. This was done in order to allow more open access to the profession than was available through the existing accounting bodies at the time, notably the Institute of Chartered Accountants in England and Wales and the
Institute of Chartered Accountants of ScotlandThe Institute of Chartered Accountants of Scotland is the Scottish professional accountancy body for chartered accountants and auditors. It is based in Edinburgh....
. As of 2006, the goal of ACCA is to become the world’s leading global professional body by size.
A timeline of key dates in the history of ACCA and its predecessor bodies is:
- 1930 : London Association of Accountants successfully campaigns for the right to audit companies
- 1933 : London Association of Accountants renamed London Association of Certified Accountants
- 1939 : Corporation of Accountants (Scottish body, founded 1891) merges with London Association of Certified Accountants to become the Association of Certified and Corporate Accountants
- 1941 : Institution of Certified Public Accountants (founded 1903, and incorporating the Central Association of Accountants from 1933) merges with Association of Certified and Corporate Accountants
- 1971 : Association of Certified and Corporate Accountants renamed Association of Certified Accountants
- 1974 : Royal Charter
In medieval Europe, royal charters were used to create cities . The date that such a charter was granted is considered to be when a city was "founded", regardless of when the locality originally began to be settled.At one time a royal charter was the only way in which an incorporated body could be...
received from Her Majesty the Queen.
- 1974 : ACCA becomes one of the six founding members of the Consultative Committee of Accountancy Bodies
The Consultative Committee of Accountancy Bodies is an umbrella group for the British chartered accountancy bodies.The CCAB was formed in 1974 and has six members:* Association of Chartered Certified Accountants...
(CCAB).
- 1977 : ACCA becomes a founding member of the International Federation of Accountants
The International Federation of Accountants is the global organization for the accountancy profession. IFAC has 157 member bodies and associates in 123 countries and jurisdictions, representing more than 2.5 million accountants employed in public practice, industry and commerce, government, and...
(IFAC).
- 1984 : Association of Certified Accountants renamed Chartered Association of Certified Accountants
- 1995 : ACCA members vote at an extraordinary general meeting to amend the name of the body to the Association of Chartered Public Accountants and to introduce the designation Chartered Public Accountant. The Privy Council subsequently rejected this proposal as it was concerned about the inclusion of the term public. It did however agree that any accountancy body that had a royal charter could be granted the right to use chartered as part of the members’ designation.
- 1996 : Chartered Association of Certified Accountants renamed Association of Chartered Certified Accountants. Members become entitled to use the title Chartered Certified Accountant
Chartered Certified Accountant is a British qualified accountant designation awarded by the Association of Chartered Certified Accountants ...
(Designatory letters ACCA or FCCA). The Association of Authorised Public AccountantsThe Association of Authorised Public Accountants is a British professional body for public accountants.The AAPA was formed in 1978 as a professional body for auditors recognised individually under the Companies Act 1948. AAPA achieved formal recognition by the Department of Trade and Industry in...
becomes a subsidiary of ACCA.
- 1998 : ACCA's syllabus formed the basis of the United Nations
The United Nations is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and the achieving of world peace...
' global accountancy curriculum titled Guideline on National Requirements for the Qualification of Professional Accountants published in 1999. ACCA was a participant in the consultative group, which devised this global Benchmark, and reference to ACCA's role is included throughout the publication.
- 2001 : ACCA received a Queens Award for Enterprise in International Trade, recognising the growth of ACCA and its role in160 countries worldwide.
- 2002 : ACCA received its second Queens Award for Enterprise in the space of 12 months, honouring its continuing work on social and environmental issues with the confirmation of the Queens Award for Enterprise in the Sustainable Development category. ACCA's first Queens Award, for Export Achievement, was presented in 1996.
- 2009 : ACCA members allowed to provide and to charge for probate services with effect from 1 August 2009 under The Probate Services (Approved Bodies) Order 2009 Number 1588.
Chartered Certified Accountant (ACCA) - Professional Scheme
The Professional Scheme is the primary qualification of the ACCA and, following completion of up to 14 professional examinations and three years of supervised, relevant accountancy experience, enables an individual to become a
Chartered Certified AccountantChartered Certified Accountant is a British qualified accountant designation awarded by the Association of Chartered Certified Accountants ...
.
- In accordance with ACCA's traditions, there is open access to its examinations.
- As part of the Professional Scheme, a Bachelor of Science (Honours) degree in Applied Accounting (after completing Part 2 of the Professional Scheme and submitting a Research project), is offered in association with Oxford Brookes University
Oxford Brookes University is a modern university in Oxford, England. It was named to honour the school's founding principal, John Brookes.-History:...
)
- The current syllabus is made up of 14 examinations, although some exemptions are available. The papers are split into three parts. Within Part 3, there are four optional papers (of which two must be selected).
- Subjects examined include financial accounting, management accounting
Management accounting is concerned with the provisions and use of accounting information to managers within organizations, to provide them with the basis to make informed business decisions that will allow them to be better equipped in their management and control functions.There is little...
, financial reportingFinancial reporting is the process of preparing and distributing financial information to users of such information in various forms. The most common format of formal financial reporting are financial statements...
, taxation , company law, financial managementFinancial management may refer to:* Managerial finance, the branch of finance that concerns itself with the managerial significance of finance techniques* Corporate finance, an area of finance dealing with the corporate financial decisions...
, audit and assurance and corporate reporting.
- A new ACCA qualification started from the December 2007 examination sitting. The new syllabus updates the qualification for recent developments in the accountancy profession and reorganises the papers within the qualification. It is ACCA policy to update the examination syllabus on a regular basis. Changes were made previously in 2001 and 1994.
The ACCA Professional examinations are offered worldwide twice yearly, in June and December.
Certified Accounting Technician (CAT)
This is an introductory accounting technician qualification. Although CAT can be obtained as a standalone qualification, it is often the case that individuals study for CAT as an introduction to accountancy prior to starting the Professional Scheme. It usually takes 1.5 years to complete the Certified Accounting Technician exams. However, there is no restriction on the number of papers that can be attempted in one attempt.
Alternatives to the CAT qualification include the
Association of Accounting TechniciansThe Association of Accounting Technicians, or AAT, is an accountancy organisation with over 108,000 members worldwide. The AAT is a technician level qualification which entitles those who have completed the exams and obtained relevant supervised work experience to call themselves associate...
qualification. ACCA was a sponsor of the AAT before breaking its links in favour of the CAT qualification in the mid 1990s.
Currently, the Certified Accounting Technician qualification (CAT) has been placed on the Qualifications and Curriculum Authority (QCA) National Qualifications Framework and publicly funded educational institutions are now eligible for funding to train towards the qualification in
United KingdomThe United Kingdom of Great Britain and Northern Ireland is a sovereign state located off the northwestern coast of continental Europe. It is an island country, spanning an archipelago including Great Britain, the northeastern part of Ireland, and many small islands...
.
Other qualifications
The ACCA offers other qualifications:
- MBA (for ACCA full members, offered in association with Oxford Brookes University
Oxford Brookes University is a modern university in Oxford, England. It was named to honour the school's founding principal, John Brookes.-History:...
)
- BSc(Hons) in Applied Accounting, offered in association with Oxford Brookes University
Oxford Brookes University is a modern university in Oxford, England. It was named to honour the school's founding principal, John Brookes.-History:...
- MSc
- Education:* Macon State College* Magister Scientiae, a degree that, before the Bologna process, differed slightly from the Master of Science* Math, Science, and Computers program at Winston Churchill High School...
in Financial Management, offered in association with Heriot Watt University
- Diploma in Financial Management (DipFM). Introduced in the mid-1980s as the Certified Diploma in Accounting and Finance, a financial qualification designed for non-finance managers.
- Diploma in International Financial Reporting (DipIFR)
- Diploma in Financial Management
- Certificate in International Auditing (CertIA)
- Certificate in International Financial Reporting (CertIFR)
ACCA Affiliate versus Members
In the first instance, individuals register as student members to undertake the Professional Scheme qualification.
Upon successful completion of the examinations, student members are automatically transferred to Affiliate status.
"For ACCA affiliates to gain admission to full membership, they must demonstrate, on the application form, that they have obtained a minimum of three years of acceptable, supervised, practical experience in an accountancy role (or roles) and have reached the required standard of competence".
http://www.accaglobal.com/members/support/status/apply
Fellowship
Fellowship, or senior membership of ACCA, or being
Chartered Certified AccountantChartered Certified Accountant is a British qualified accountant designation awarded by the Association of Chartered Certified Accountants ...
s above 3 years or 5 years(According to the new rules), is awarded on the following bases:
- after 3 years continuous membership, upon application, with documented Continuing Professional Education; or
- for members admitted to Associateship before 2002, automatically after five years continuous membership.
ACCA has decided that from 1 January 2008, Fellowship will be awarded based on 5 years continuous membership, with compliance with Continuing Professional Education requirements. Advancement to Fellowship will be automatic provided the member has not breached CPE requirements. Members admitted before 2005 may still apply for Fellowship under the 3 year rule before 1 January 2008.
Fellow members of ACCA use the designatory letters
FCCA in place of
ACCA.
As of 2006, there are 115,345 members and 296,000 affiliates & students in 170 countries.
Continual Professional Development
Before 2005, Continual Professional Development (CPD) was mandatory only for holders of practising certificates
and insolvency licences. From 2005, ACCA is extending mandatory CPD to all members on a phased basis:
- Phase 1: Effective 1 January 2005, for members admitted to Associateship on or after 1 January 2001 (plus all practising certificate and insolvency licence holders)
- Phase 2: Effective 1 January 2006, for members admitted to Associateship 1 January 1995 and 31 December 2000
- Phase 3: Effective 1 January 2007, for members admitted to Associateship on or before 31 December 1994.
It is permissible for a member to adopt CPD earlier than the deadline.
United Kingdom and Republic of Ireland
- The ACCA or Chartered Certified Accountant
Chartered Certified Accountant is a British qualified accountant designation awarded by the Association of Chartered Certified Accountants ...
qualification is fully recognised in the United KingdomThe United Kingdom of Great Britain and Northern Ireland is a sovereign state located off the northwestern coast of continental Europe. It is an island country, spanning an archipelago including Great Britain, the northeastern part of Ireland, and many small islands...
and Republic of IrelandIreland is a country in north-western Europe. The modern sovereign state occupies about five-sixths of the island of Ireland, which was partitioned on 3 May 1921. It is a parliamentary democracy and a republic...
.
- Under the Royal Charter
In medieval Europe, royal charters were used to create cities . The date that such a charter was granted is considered to be when a city was "founded", regardless of when the locality originally began to be settled.At one time a royal charter was the only way in which an incorporated body could be...
granted by Her Majesty the Queen, ACCA works in the public interest.
- ACCA is a Designated Professional Body under the Financial Services and Markets Act, licensing firms of Chartered Certified Accountant
Chartered Certified Accountant is a British qualified accountant designation awarded by the Association of Chartered Certified Accountants ...
s to conduct a range of incidental investment business activities.
- ACCA is a Recognised Professional Body under the Insolvency Act to issue permits to individual Chartered Certified Accountant
Chartered Certified Accountant is a British qualified accountant designation awarded by the Association of Chartered Certified Accountants ...
s to conduct insolvency appointments.
- ACCA is also a Recognised Qualifying Body and Recognised Supervisory Body in relation to company auditing under the Companies Act 1989.
- ACCA is a member of the Consultative Committee of Accountancy Bodies
The Consultative Committee of Accountancy Bodies is an umbrella group for the British chartered accountancy bodies.The CCAB was formed in 1974 and has six members:* Association of Chartered Certified Accountants...
(CCAB). Members of these bodies are deemed to hold equivalent-level qualifications and advertisements for jobs often state that an organisation is looking for a CCAB-qualified individual.
- Full members of CCAB
The Consultative Committee of Accountancy Bodies is an umbrella group for the British chartered accountancy bodies.The CCAB was formed in 1974 and has six members:* Association of Chartered Certified Accountants...
organisations including ACCA can apply for ICAEW membership subject to certain criteria. Details
- Only ACCA, ICAEW, ICAI
Chartered Accountants Ireland is a professional accountancy body in the Republic of Ireland and Northern Ireland.It is the sole organisation in Ireland with the right to award the Chartered Accountant designation....
and ICASThe Institute of Chartered Accountants of Scotland is the Scottish professional accountancy body for chartered accountants and auditors. It is based in Edinburgh....
are able to authorise members to conduct audit, insolvency and investment business work in the United KingdomThe United Kingdom of Great Britain and Northern Ireland is a sovereign state located off the northwestern coast of continental Europe. It is an island country, spanning an archipelago including Great Britain, the northeastern part of Ireland, and many small islands...
and Republic of IrelandIreland is a country in north-western Europe. The modern sovereign state occupies about five-sixths of the island of Ireland, which was partitioned on 3 May 1921. It is a parliamentary democracy and a republic...
.
- Outside these countries, legal recognition by government authorities, and mutual recognition by equivalent overseas institutes, varies from country to country. Even where full legal or mutual recognition is not available, ACCA members can sometimes obtain advanced standing in terms of sitting local accountancy examinations. Additionally, in many instances, ACCA's strong global reputation may obviate the need to acquire a local designation.
- Similarly, many (although not all) universities and educational providers will recognise ACCA as equivalent to at least a Masters degree in accountancy
Accountancy or accounting is the art of communicating financial information about a business entity to users such as shareholders and managers...
, for the purpose of obtaining credit to acquire a local Masters degree or enter an advanced study program.
The Irish educational regulatory authorities - Higher Education and Training Awards Council (HETAC) has assigned ACCA Qualification to Level 9 of the Irish National Qualifications Framework (NQF) in 2008. Level 9 holds Irish postgraduate qualifications, such as postgraduate diplomas and masters degrees.
European Union (EU), European Economic Area (EEA) & Switzerland
- The ACCA qualification is legally recognized by all member countries of the European Union
The European Union is an economic and political union of 27 Member States, located primarily in Europe. Committed to regional integration, the EU was established by the Treaty of Maastricht on 1 November 1993 upon the foundations of the pre-existing European Economic Community...
under the Mutual Recognition DirectiveThere are two main European legal instruments covering the mutual recognition of professional qualifications: Directive 89/48/EEC and Directive 92/51/EEC....
. This recognition extends to the European Economic AreaThe European Economic Area was established on 1 January 1994 following an agreement between member states of the European Free Trade Association ,the European Community , and all member states of the European Union...
nations and SwitzerlandSwitzerland , officially the Swiss Confederation , is a federal republic consisting of 26 states named cantons, with Bern as the seat of the federal authorities...
. For example a holder of the ACCA or Chartered Certified AccountantChartered Certified Accountant is a British qualified accountant designation awarded by the Association of Chartered Certified Accountants ...
qualification could practice as an accountant in all member countries of the European UnionThe European Union is an economic and political union of 27 Member States, located primarily in Europe. Committed to regional integration, the EU was established by the Treaty of Maastricht on 1 November 1993 upon the foundations of the pre-existing European Economic Community...
, European Economic AreaThe European Economic Area was established on 1 January 1994 following an agreement between member states of the European Free Trade Association ,the European Community , and all member states of the European Union...
and SwitzerlandSwitzerland , officially the Swiss Confederation , is a federal republic consisting of 26 states named cantons, with Bern as the seat of the federal authorities...
, but could only describe him/herself as ACCA or Chartered Certified Accountant rather than local professional accountant qualification. Access to local professional qualifications is based on an aptitude test. However, it is necessary to be a citizen of one of the EEA states or Switzerland to benefit from this Directive.
Turkey
- ACCA and TÜRMOB (The Union of Chambers of Certified Public Accountants of Turkey) at Turkey
Turkey , known officially as the Republic of Turkey
, is a Eurasian country that stretches across the Anatolian peninsula in Western Asia and Thrace in the Balkan region of southeastern Europe...
signed a partnership agreement in 2004 which enables TÜRMOB members resident in TurkeyTurkey , known officially as the Republic of Turkey
, is a Eurasian country that stretches across the Anatolian peninsula in Western Asia and Thrace in the Balkan region of southeastern Europe...
to follow the ACCA Professional Scheme qualification and achieve ACCA membership.
Others
- The ACCA currently is recognized by the national accounting institutes with the joint scheme relationships in:
-
- Armenia
Armenia , officially the Republic of Armenia , is a landlocked mountainous country in the Caucasus region of Eurasia...
(Association of Accountants and Auditors in Armenia);
- Georgia
Georgia Georgia Georgia is a country in the Caucasus region of Eurasia. Situated at the juncture of Western Asia and Eastern Europe, it is bounded to the west by the Black Sea, to the north by Russia, to the south by Turkey and Armenia, and to the east by Azerbaijan...
(Georgian Federation of Professional Accountants and Auditors).
As of end of 2006, there are 64,574 members and 91,379 students/affiliates in Western Europe, UK and Ireland, as well as 3,279 members and 17,273 students/affiliates in Central/Eastern Europe respectively.
United States
- A mutual recognition between ACCA and AICPA/NASBA
The National Association of State Boards of Accountancy is an umbrella group for the 55 state boards that regulate the accountancy profession in the United States of America....
does not exist, but is under negotiation as of December 2006. However, it has effectively been put on hold pending a decision by the UK regulatory body, the Professional Oversight Board of Accountancy (POBA). It should also be noted that even if ACCA gained statutory recognition, it would still be up to the individual states to grant reciprocity within their state. http://www.accaglobal.com/documents/us_fallwinter_2006.pdf
- Currently ACCA membership is recognised by the Colorado State Board of Accountancy as meeting the educational requirements to sit for the US Uniform Certified Public Accountant Examination
The Uniform Certified Public Accountant Examination is the examination administered to most people who wish to become Certified Public Accountants in the United States....
. The majority of ACCA members who pass the CPA exam may apply for licensing as a Certified Public AccountantCertified Public Accountant is the statutory title of qualified accountants in the United States who have passed the Uniform Certified Public Accountant Examination and have met additional state education and experience requirements for certification as a CPA...
(CPA) in the state of ColoradoColorado is a U.S. state located in the Rocky Mountain region of the United States of America. It may also be considered to be part of the Western and Southwestern regions of the United States. Colorado entered statehood in 1876 and was nicknamed the “Centennial State”...
, USA after completing a qualifications evaluation.
- As of 2002, World Education Services (WES) indicated that the evaluation awarded 9 U.S. semester credits for every subject passed in ACCA exams resulting in a total of 126 U.S. semester credits based on ACCA studies, so it allows ACCA associate members to sit for uniform CPA examination at the states with 120 U.S. semester credits requirements. http://www.accaglobal.com/usa/news/articles/1105879?session=fffffffeffffffff0a0121394550b340f292dd0956ee4c6509649a43708cc8d3
As of end of 2005, there are 1,315 members in USA.
Canada
- ACCA announced a Mutual Recognition Agreement with CGA Canada
Certified General Accountant is the designation of professionals who are jointly members of the Certified General Accountants Association of Canada and a provincial or territorial CGA association, or a CGA association overseas...
effective from 1 January 2007.
- ACCA is recognized by Canadian government as an eligible qualification to audit federal government institutions in Canada
Canada is a country occupying most of northern North America, extending from the Atlantic Ocean in the east to the Pacific Ocean in the west and northward into the Arctic Ocean...
- As of 2006, Canadian Institute of Chartered Accountants
The Canadian Institute of Chartered Accountants is a private, not-for-profit organization whose primary purpose is to develop within Canada in the public's interest. The CICA was incorporated in 1902 by an act of the Government of Canada...
, World Education Services (WES) and the Odette School of Business at the University of WindsorThe University of Windsor is a non-denominational, provincially-supported, coeducational, public comprehensive university in Windsor, Ontario, Canada. It is Canada's southernmost university. It has a student population of over 15,000 full-time and part-time undergraduate students and over 1000...
indicated that the evaluation recognized ACCA as having the Canadian equivalence of a Bachelor's Degree (four years) in Accounting.
- The Canadian branch of ACCA is pursuing recognition for statutory audit purposes in the province of Ontario
Ontario is a province located in east-central Canada, the largest by population and second largest, after Quebec, in total area. Ontario is bordered by the Canadian provinces of Manitoba to the west and Quebec to the east, and 5 U.S...
under the province's Public Accounting Act of 2004
As of 2006, ACCA has 1,100 members and over 400 students residing in Canada, the largest concentration of which live in Ontario.
Australia
- The ACCA qualification is statutory recognised as a prescribed body for insolvency purposes under the Corporation Act 2001, section 1282 and for audit purposes by ASIC under Practice Statement 180 Auditor recognition in Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the continental mainland , the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans...
.
- For migration purposes, the Institute of Chartered Accountants of Australia
The Institute of Chartered Accountants in Australia is the professional accounting body representing Chartered Accountants in Australia. It has over 50,000 members and has some 12,000 students...
and National Institute of AccountantsThe National Institute of Accountants is an Australian professional accounting body.-History:The history of the NIA dates back to 1923:* 1923 - Institute of Factory and Cost Accountants, formed in Melbourne, Victoria....
recognise the ACCA qualification as sufficient to obtain a skill assessment as an Accountant for the purpose of migration to Australia.
- There is no mutual recognition agreement in place with the Institute of Chartered Accountants of Australia
The Institute of Chartered Accountants in Australia is the professional accounting body representing Chartered Accountants in Australia. It has over 50,000 members and has some 12,000 students...
(ICAA) or CPA AustraliaCPA Australia is one of three professional accounting bodies in Australia, the others being the National Institute of Accountants and the Institute of Chartered Accountants of Australia....
(CPAA).
- The ACCA qualification is recognised as at least equivalent to an Australian bachelors degree in accountancy (although not by CPA Australia
CPA Australia is one of three professional accounting bodies in Australia, the others being the National Institute of Accountants and the Institute of Chartered Accountants of Australia....
). This allows ACCA members to obtain a direct entry to the examinations or advanced standing from Institute of Chartered Accountants of AustraliaThe Institute of Chartered Accountants in Australia is the professional accounting body representing Chartered Accountants in Australia. It has over 50,000 members and has some 12,000 students...
or National Institute of AccountantsThe National Institute of Accountants is an Australian professional accounting body.-History:The history of the NIA dates back to 1923:* 1923 - Institute of Factory and Cost Accountants, formed in Melbourne, Victoria....
.
- Subject to passing exams in Australian tax and law, ACCA members may obtain the Professional National Accountant (PNA) designation from the National Institute of Accountants
The National Institute of Accountants is an Australian professional accounting body.-History:The history of the NIA dates back to 1923:* 1923 - Institute of Factory and Cost Accountants, formed in Melbourne, Victoria....
. On the same basis, ACCA members can obtain direct entry to the CA Program of the ICAA.
As of end of 2007, there are 1,817 members in Australia.
New Zealand
- The ACCA qualification is statutory recognised in New Zealand
New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses , and numerous smaller islands, most notably Stewart Island/Rakiura and the Chatham Islands. The indigenous Māori named New Zealand Aotearoa, commonly translated as The Land of the Long White Cloud...
legislation for registration to perform statutory audit work. ACCA is gazetted under the relevant act (Under Section 199 of the Companies Act 1993: Qualifications of Auditors) in New Zealand. An ACCA member can practice as long as they hold an ACCA public practice certificate (with audit qualification) in their country of origin.
- A mutual recognition agreement existed between ACCA and the New Zealand Institute of Chartered Accountants
The New Zealand Institute of Chartered Accountants is the operating name for the Institute of Chartered Accountants of New Zealand. The Institute represents over 30,000 members in New Zealand and overseas...
(NZICA). This was terminated by NZICA on 1 January 2003 and replaced with a new limited recognition of the ACCA qualification. Details (MS Word)
Caribbean, Central & South America
- The ACCA qualification currently is legally recognized by the national accounting institutes with the joint scheme relationships in:
- Barbados
Barbados , situated just east of the Caribbean Sea, is an independent West Indian Continental Island-nation in the western Atlantic Ocean. For over three centuries Barbados was a colony and protectorate of the United Kingdom; and still currently maintains Queen Elizabeth II as head of state...
(Institute of Chartered Accountants of BarbadosThe Institute of Chartered Accountants of Barbados is a professional accountancy body in Barbados. It is the sole organisation in Barbados with the right to award the Chartered Accountant designation....
);
- Bahamas (Bahamas Institute of Chartered Accountants
The Bahamas Institute of Chartered Accountants is a professional accountancy body in the Bahamas. It is the sole organisation in the Bahamas with the right to award the Chartered Accountant designation....
);
- Belize
Belize , is a country in Central America. Belize has a diverse society, composed of many cultures and speaking many languages. Although Kriol and Spanish are spoken among the population, Belize is the only country in Central America where English is the official language...
(Institute of Chartered Accountants of Belize);
- Dominica
Dominica, officially the Commonwealth of Dominica, is an island nation in the Caribbean Sea. To the north-northwest lies Guadeloupe, to the southeast Martinique. Its size is and the highest point in the country is Morne Diablotins, which has an elevation of . The Commonwealth of Dominica has an...
(Recognized by Companies Act 1994 in the Commonwealth of Dominica);
- Guyana
Guyana officially the Co-operative Republic of Guyana and previously known as British Guiana, is a state on the northern coast of South America that is culturally part of the Anglophone Caribbean.Guyana was discovered in 1498 by the Europeans,Guyana's past is punctuated by battles fought and won,...
(Institute of Chartered Accountants of GuyanaThe Institute of Chartered Accountants of Guyana is a professional accountancy body in Guyana. It is the sole organization in Guyana with the right to award the Chartered Accountant designation....
);
- Jamaica
Jamaica is an island nation of the Greater Antilles, in length and as much as in width, amounting to 11,100 km
2. It is situated in the Caribbean Sea, about south of Cuba, and west of Hispaniola, the island harboring the nation-states Haiti and the Dominican Republic...
(Institute of Chartered Accountants of JamaicaThe Institute of Chartered Accountants of Jamaica is a professional accountancy body in Jamaica. It is the sole organisation in Jamaica with the right to award the Chartered Accountant designation....
);
- Trinidad and Tobago
The Republic of Trinidad and Tobago is an archipelagic state in the southern Caribbean, lying northeast of the South American country of Venezuela and south of Grenada in the Lesser Antilles. It shares maritime boundaries with other nations including Barbados to the northeast, Guyana to the...
(Institute of Chartered Accountants of Trinidad and TobagoThe Institute of Chartered Accountants of Trinidad and Tobago is a professional accountancy body in Trinidad and Tobago. It is the sole organization in Trinidad and Tobago with the right to award the Chartered Accountant designation....
);
- Saint Lucia
Saint Lucia is an island nation in the eastern Caribbean Sea on the boundary with the Atlantic Ocean. Part of the Lesser Antilles, it is located north/northeast of the islands of Saint Vincent and the Grenadines, northwest of Barbados and south of Martinique. Its size is 620 km² with an...
(Institute of Chartered Accountants of Saint Lucia);
- The ACCA qualification is legally recognized in the following jurisdictions:
- French Guiana
French Guiana is an overseas department of France, located on the northern coast of South America. It has borders with two nations, Brazil and Suriname. Like the other DOMs, French Guiana is also an overseas region of France, one of the 26 regions of France. Its currency is the euro...
(Part of FranceFrance , officially the French Republic , is a country located in Western Europe, with several overseas islands and territories located on other continents. Metropolitan France extends from the Mediterranean Sea to the English Channel and the North Sea, and from the Rhine to the Atlantic Ocean...
and hence subject to European UnionThe European Union is an economic and political union of 27 Member States, located primarily in Europe. Committed to regional integration, the EU was established by the Treaty of Maastricht on 1 November 1993 upon the foundations of the pre-existing European Economic Community...
regulations).
South Africa
- The ACCA qualification currently is recognized by the South African Institute of Professional Accountants (SAIPA).
- The ACCA Professional Scheme has been registered at Level 7 (equivalent to master degree level) on the South African National Qualifications Framework (NQF)in South Africa
The Republic of South Africa is a country located at the southern tip of Africa, with a coastline on the Atlantic and Indian Oceans. To the north lie Namibia, Botswana and Zimbabwe, to the east are Mozambique and Swaziland, while Lesotho is an independent country surrounded by South Africa.Modern...
.
Zimbabwe
- ACCA Zimbabwe is one of the constituent bodies of the Public Accountants and Auditors Board (PAAB). The PAAB is a statutory body established in 1996, to oversee the regulation of the profession and maintain a register of persons entitled to work or practise as public accountants or public auditors in Zimbabwe
Zimbabwe , is a landlocked country located in the southern part of the continent of Africa, between the Zambezi and Limpopo rivers...
. Only members in good standing of ACCA and Institute of Chartered Accountants of Zimbabwe register as auditors.
Others
- The ACCA qualification currently is legally recognized by the national accounting institutes with the joint scheme relationships in:
- Ghana
The Republic of Ghana is a country in West Africa which borders Côte d'Ivoire to the west, Burkina Faso to the north, Togo to the east, and the Gulf of Guinea to the south...
([Institute of Chartered Accountants of Ghana])
- Botswana
The Republic of Botswana is a landlocked country in Southern Africa. Citizens of Botswana are called "Batswana" , regardless of ethnicity. Formerly a British protectorate of Bechuanaland, Botswana adopted its new name after becoming independent within the Commonwealth on 30 September 1966...
(Botswana Institute of Accountants);
- Egypt
Egypt , officially the Arab Republic of Egypt, is a country mainly in North Africa, with the Sinai Peninsula forming a land bridge in Western Asia...
(The Egyptian Society of Accountants & Auditors);
- Ethiopia
Ethiopia , officially the Federal Democratic Republic of Ethiopia, is a landlocked country situated in the Horn of Africa. Ethiopia is bordered by Eritrea to the north, Sudan to the west, Kenya to the south, Somalia to the east and Djibouti to the northeast. Its size is 1,100,000 km² with an...
(The Ethiopian Professional Association of Accountants and Auditors);
- Lesotho
Lesotho , officially the Kingdom of Lesotho, is a landlocked country and enclave — entirely surrounded by the Republic of South Africa. It is just over 30,000 km² in size with an estimated population of almost 1,800,000. Its capital and largest city is Maseru. Lesotho is the southernmost...
(Lesotho Institute of Accountants);
- Malawi
The Republic of Malawi is a landlocked country in southeast Africa that was formerly known as Nyasaland. It is bordered by Zambia to the northwest, Tanzania to the northeast and Mozambique, which surrounds it on the east, south and west. The country is separated from Tanzania and Mozambique by...
(The Society of Accountants in Malawi);
- Mauritius
Mauritius , officially the Republic of Mauritius, is an island nation off the coast of the African continent in the southwest Indian Ocean, about east of Madagascar. In addition to the island of Mauritius, the Republic includes the islands of Cargados Carajos, Rodrigues and the Agalega Islands...
(The National Equivalence Council of Mauritius);
- Nigeria
Nigeria , officially the Federal Republic of Nigeria, is a federal constitutional republic comprising thirty-six states and one Federal Capital Territory. The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east, and Niger...
(Institute of Chartered Accountants of NigeriaThe Institute of Chartered Accountants of Nigeria is a professional accountancy body in Nigeria. It is the sole organization in Nigeria with the right to award the Chartered Accountant designation....
);
- Sierra Leone
Sierra Leone , officially the Republic of Sierra Leone, is a country in West Africa. It is bordered by Guinea in the north, Liberia in the southeast, and the Atlantic Ocean in the southwest. Sierra Leone covers a total area of and has a population estimated at 6.4 million...
(Institute of Chartered Accountants of Sierra LeoneThe Institute of Chartered Accountants of Sierra Leone is a professional accountancy body in Sierra Leone. It is the sole organization in Sierra Leone with the right to award the Chartered Accountant designation....
);
- Swaziland
The Kingdom of Swaziland , sometimes called Ngwane, is a landlocked country in Southern Africa, bordered to the north, south, and west by South Africa, and to the east by Mozambique. The nation, as well as its people, are named after the 19th century king Mswati II.Swaziland is a small country, no...
(Swaziland Institute of Accountants);
- Zambia
The Republic of Zambia is a landlocked country in Southern Africa. The neighbouring countries are the Democratic Republic of the Congo to the north, Tanzania to the north-east, Malawi to the east, Mozambique, Zimbabwe, Botswana, and Namibia to the south, and Angola to the west. The capital city is...
(Zambia Institute of Chartered Accountants);
- Tanzania
The United Republic of Tanzania is a country in central East Africa bordered by Kenya and Uganda to the north, Rwanda, Burundi and the Democratic Republic of the Congo to the west, and Zambia, Malawi and Mozambique to the south. The country's eastern borders lie on the Indian Ocean.The United...
(National Board of Accountants and Auditors).
Hong Kong SAR
- A new Agreement of Recognition Arrangement (ARA) between ACCA and HKICPA (Local statutory accountancy body) was put in place on 22 August 2006, backdated to 1 July 2005. Details.
This replaced the old Mutual Recognition Agreement (MRA) that was terminated by HKICPA on 30 June 2005. It was a disaster for ACCA members when they had to go through so called "8 unfair terms" e.g.holding a degree recognized by HKICPA (ACCA degree offered by OUB was failed in the test), worked under HKICPA authorized employers,attend workshop, passed Final Professional Examination (FPE) etc.
On the contrary, HKICPA members could join in ACCA without any further requirement.
- However, ACCA qualification is highly recognized by the Hong Kong
Hong Kong , officially the Hong Kong Special Administrative Region, is a highly autonomous territory of the People's Republic of China, facing Guangdong to the north and the South China Sea to the east, west and south...
employment market due to international and historical influences. Most HKICPA members qualified through HKSA-ACCA joint scheme which was operated for more than 20 years. HKSA (Hong Kong Society of Accountants) was the old name of HKICPA.
As of end of 2005, there are 16,609 members in Hong Kong SAR
Macau SAR
- The ACCA currently is legally recognized with the joint scheme relationships by Macau Society of Certified Practising Accountants (Local statutory accountancy body) in Macau
The Macau Special Administrative Region , commonly known as Macau or Macao , is one of the two special administrative regions of the People's Republic of China, the other being Hong Kong...
.
Taiwan
- According to the rules 6(iii) & 9 of accountancy examiniation published by Taiwan
Taiwan , also known as Formosa , is the largest island of the Republic of China in East Asia. Taiwan is located east of the Taiwan Strait, off the southeastern coast of mainland China...
government, the British qualified accountantsBritish qualified accountants are full voting members of United Kingdom examining bodies that evaluate individual experience and test competencies for accountants...
- ACCA members or Chartered Certified AccountantChartered Certified Accountant is a British qualified accountant designation awarded by the Association of Chartered Certified Accountants ...
s are entitled to obtain advanced standing in the examinations to become a Certified Public AccountantCertified Public Accountant is the statutory title of qualified accountants in the United States who have passed the Uniform Certified Public Accountant Examination and have met additional state education and experience requirements for certification as a CPA...
in TaiwanTaiwan , also known as Formosa , is the largest island of the Republic of China in East Asia. Taiwan is located east of the Taiwan Strait, off the southeastern coast of mainland China...
. (Details)
Singapore
- ACCA and national accountancy body, Institute of Certified Public Accountants of Singapore (ICPAS), have operated a Joint Scheme of Examinations since 1983. The Joint Scheme is based on ACCA's examinations and allows students to sit papers in Singapore law and tax. All students who successfully complete the Joint Scheme examinations satisfy the examination requirements of both ACCA and ICPAS and are eligible to apply for membership of both bodies. ACCA's student numbers in Singapore
Singapore , officially the Republic of Singapore, is an island city-state located at the southern tip of the Malay Peninsula, lying north of the equator, south of the Malaysian state of Johor and north of Indonesia's Riau Islands. At , Singapore is a microstate and the smallest nation in Southeast...
for the Joint Scheme have topped 11,000.
- A blog has been set up at www.acclawsg.wordpress.com to assist those preparing for the Singapore variant law paper.
- Singapore government recognizes ACCA qualification to meet her migration skills assessment to immigrate in Singapore.
As of end of 2005, there are 5,161 members in Singapore.
Malaysia
- On the 13th August 2007 ACCA and the Malaysian Institute of Certified Public Accountants (MICPA) signed a mutual recognition agreement (MRA), providing a route for members of both accountancy bodies to join the other body and to enjoy the benefits which both respected designations have to offer.
- The ACCA or Chartered Certified Accountant qualification currently is recognized by the Malaysian Institute of Accountants, non MIA member will not be considered as qualified accountant in Malaysia
Malaysia is a country in Southeast Asia that consists of thirteen states and three Federal Territories, with a total landmass of . The capital city is Kuala Lumpur, while Putrajaya is the seat of the federal government. The population stands at over 28 million inhabitants...
.
- ACCA is statutory recognised in Part II of the First Schedule of the Accountants Act, 1967.
As of end of 2005, there are 7,417 members in Malaysia
Pakistan
- The ACCA qualification is legally recognised as Qualified Company Secretary in Pakistan
Pakistan , officially the Islamic Republic of Pakistan, is a country located at the crossroads of South Asia, the Middle East, and Central Asia...
, and there is partial recognition between ACCA and the local statutory accounting body (Institute of Chartered Accountants of PakistanThe Institute of Chartered Accountants of Pakistan is a professional accountancy body in Pakistan. By 5 May, 2008, it has total 4393 members working in and outside Pakistan. The institute was established on July 1, 1961 to regulate the profession of accountancy in Pakistan. It is a statutory...
). ACCA affiliates are exempted first four modules (A-D) of the Institute of Chartered Accountants of Pakistan qualification.
- ACCA in Pakistan has seen tremendous growth during the last five years with thousands of students enrolling every year into ACCA programs. Various local colleges and universities are also now offering ACCA programs in all major cities of the country.
Others
- The ACCA currently is legally recognized by the national accounting institutes with the joint scheme relationships in:
- Vietnam
Vietnam , officially the Socialist Republic of Vietnam , is the easternmost country on the Indochina Peninsula in Southeast Asia. It is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea to the east...
(The Ministry of Finance of the Socialist Republic of Vietnam);
- Brunei
Brunei , officially the State of Brunei Darussalam or the Nation of Brunei, the Abode of Peace , is a country located on the north coast of the island of Borneo, in Southeast Asia...
(Brunei Institute of Certified Public Accountants);
- Cambodia
The Kingdom of Cambodia , formerly known as Kampuchea , is a country in South East Asia with a population of over 14 million people. The kingdom's capital and largest city is Phnom Penh...
(The Ministry of Economy and Finance Kampuchea Institute of Certified Public Accountants and Auditors);
- Laos
Laos , officially the Lao People's Democratic Republic, is the only landlocked country in Southeast Asia, bordered by Burma and People's Republic of China to the northwest, Vietnam to the east, Cambodia to the south and Thailand to the west...
(The Ministry of Finance of the Lao People's Democratic Republic).
- Bangladesh
, officially the People's Republic of Bangladesh is a country in South Asia. It is bordered by India on all sides except for a small border with Burma to the far southeast and by the Bay of Bengal to the south...
(The Institute of Cost and Management Accountants of Bangladesh)
Professional Partners
- Through a range of partnerships with professional institutions, ACCA offers students and members access to other related professionals.
- The full members of ACCA are one of two professional bodies' members (Another is the charterholders of Chartered Financial Analyst
Chartered Financial Analyst is an international professional designation offered by the CFA Institute to financial analysts who complete a series of three examinations...
(CFA)) to be recognized by UK's Securities & Investment Institute (SII) as the equivalent level of SII full membership (MSI). (Details) Full membership of SII is recognized by several national investment professional bodies such as in AustraliaAustralia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the continental mainland , the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans...
(Financial Services Institute of Australasia (Finsia), formerly the Australian Institute of Banking and Finance) and Hong KongHong Kong , officially the Hong Kong Special Administrative Region, is a highly autonomous territory of the People's Republic of China, facing Guangdong to the north and the South China Sea to the east, west and south...
(Hong Kong Securities Institute (HKSI).
- ACCA and Financial Services Institute of Australasia (Finsia), formerly the Australian Institute of Banking and Finance) have signed a global partnership agreement. Under the agreement, students and members of ACCA may obtain advanced standing in the Institute examinations.
- ACCA and the Institute of Internal Auditors
Established in 1941, The Institute of Internal Auditors is a guidance-setting body...
(IIA) have signed a global partnership agreement. Under the agreement, the two organisations will co-operate, collaborate and share resources across their global networks of offices and affiliate bodies.
- ACCA and the Chartered Institute of Taxation (CIOT) have signed a global partnership agreement to enable ACCA’s members worldwide to take the CIOT’s Advanced Diploma in International Taxation (ADIT).
- ACCA members may access an accelerated route to Associate membership of the UK Association of Corporate Treasurers
The Association of Corporate Treasurers was founded in 1979. It is the only British professional body specialising in the profession of corporate treasury.Professional membership of the ACT may be obtained at two levels:* Associateship...
(ACT).
- ACCA and Investors in People
Launched in 1990 Investors in People is a business improvement tool administered by Investors in People UK and supported by the Department for Business, Innovation and Skills ....
(IIP) have signed an agreement that will enable IIP recognised organisations in the UK and Ireland to apply directly for the award of ACCA Approved Employer (professional developments stream), that means ACCA members working in IIP recognised organisations will benefit from the recognition of the work-related learning they obtain and will be able to take advantage of simplified CPD reporting.
- Institute of Directors
The Institute of Directors is a UK-based organisation, incorporated by royal charter in 1903 to support, represent and set standards for company directors...
(IoD) and ACCA are working on a number of initiatives to promote an agenda of good governance and high standards in learning and development. From 2007, ACCA members seeking to enhance their skills and improve the performance of their organisation will be able to undertake the Chartered Director qualification – a professional qualification for directors.
- Institute of Management Accountants
The Institute of Management Accountants is a professional organization headquartered in Montvale, New Jersey consisting of over 70,000 members worldwide...
(IMA) in United StatesThe United States of America is a federal constitutional republic comprising fifty states and a federal district...
has agreed that Chartered Certified AccountantChartered Certified Accountant is a British qualified accountant designation awarded by the Association of Chartered Certified Accountants ...
s (ACCA) only have to pass four-papers final examination to get the Certified Management AccountantThe Institute of Management Accountants' Certified Management Accountant certification is a comprehensive credentialing program that assesses mastery of the management accounting and financial management body of knowledge...
(CMA) designation. This is not based on a specific agreement but is the result of IMA's policy and similar accreditation is given to many other IFAC bodies, as well as to others with the equivalent of a U.S. bachelors degree (any discipline).
University Links
- Through a range of partnerships with several amounts of universities in this world, ACCA offers students and members access to graduate and postgraduate level accountancy
Accountancy or accounting is the art of communicating financial information about a business entity to users such as shareholders and managers...
education.
- The relationship between ACCA and the UK's Oxford Brookes University
Oxford Brookes University is a modern university in Oxford, England. It was named to honour the school's founding principal, John Brookes.-History:...
, has offered ACCA students and members to the Oxford Brookes BScBSC is a three-letter acronym that may refer to:Science and technology* Bachelor of Science, an academic degree* Base Station Controller, part of a mobile phone network; see: Base Station subsystem...
(Honours) in Applied Accounting, and the online supported MBA.
- According to the agreements between ACCA and Tsinghua University
Tsinghua University , is a university in Beijing, People's Republic of China. Tsinghua University was established in 1911, originally under the name “Tsinghua Xuetang”. The school was renamed the "Tsinghua School" in 1912. The university section was founded in 1925 and the name “National Tsinghua...
in BeijingBeijing is a metropolis in northern China and the capital of the People's Republic of China...
(ChinaChina is a cultural region, an ancient civilization, and, depending on perspective, a national or multinational entity extending over a large area in East Asia....
), Tsinghua will recognise the Oxford Brookes UniversityOxford Brookes University is a modern university in Oxford, England. It was named to honour the school's founding principal, John Brookes.-History:...
BSc(Hons) Applied Accounting degree stated as the above, and will accept the graduates from this BSc(Hons) degree program to further study Tsinghua's master degree programs http://www.accaglobal.com/news/releases/2409519.
- ACCA and the School of Oriental and African Studies
The School of Oriental and African Studies is a constituent college of the University of London, specialising in languages, humanities, economics, law and politics concerning Asia, Africa and the Middle East...
(SOAS) at the University of LondonBased primarily in London, England, United Kingdom, the University of London is a federal mega university made up of 31 affiliates: 19 separate university institutions, and 12 research institutes...
have signed a global partnership agreement to enable ACCA’s members and affliates worldwide to take the SOAS's Postgraduate Diploma in Public Financial Management .
- ACCA has signed the agreement with the University of Cambridge ESOL examination
University of Cambridge ESOL Examinations is a non-profit assessment organization that provides examinations in English language ability for non-native speakers of English and English teaching qualifications. ESOL stands for "English for Speakers of Other Languages", see English language learning...
s (English for Speakers of Other Languages) to result in the launch of the International Certificate in Financial English (Cambridge ICFE), a new financial English exam.
- Together with the Said Business School
Saïd Business School is the business school of the University of Oxford in England. It is the University's centre of learning for graduate and undergraduate students in business, management and finance. Established in 1996, the Saïd Business School is one of the youngest first-tier business schools...
, at the University of OxfordThe University of Oxford , located in the UK city of Oxford, is the oldest surviving university in the English-speaking world and is regarded as one of the world's leading academic institutions. Although the exact date of foundation remains unclear, there is evidence of teaching there as far back...
, ACCA offers the Diploma in Financial Strategy, a Masters-level course that provides the essential elements of an MBA for qualified accountants, and is designed to extend knowledge and develop senior management skills.
- ACCA and Edinburgh Business School
Edinburgh Business School is the Graduate School of Business of Heriot-Watt University , Edinburgh, Scotland. Heriot-Watt University is the eighth oldest higher educational institution in the UK, and awards degrees by Royal Charter.-About EBS:...
at Heriot-Watt UniversityHeriot-Watt University in Edinburgh, Scotland, is the eighth-oldest higher education institution in the United Kingdom originating as the School of Arts of Edinburgh in 1821. It received its university charter in 1966. The name commemorates George Heriot – the 16th century financier to King James,...
have signed a joint agreement to enable ACCA Part 3 students, affiliates and members to gain a fast track entry through free-of-charge credit transfer and exemption when they matriculate for the MSc in Financial Management by distance learning or face-to-face study at a global network of centres.
- ACCA partners Exeter University to offer members postgraduate qualifications in leadership (MA degree in leadership). http://www.accaglobal.com/news/general/2859911 http://www.accaglobal.com/wcoa/partnerships/university/?session=fffffffeffffffff0a0121384556200ecc05e04daca1fa5d1125fab71e8530fe
- Through a range of recognitions by many universities in this world including UK, Hong Kong
Hong Kong , officially the Hong Kong Special Administrative Region, is a highly autonomous territory of the People's Republic of China, facing Guangdong to the north and the South China Sea to the east, west and south...
and Universitas 21 Global-Intro:Universitas 21 Global is a Singapore based Online Graduate School owned by a network of affiliated universities of the Universitas 21 network and Manipal Universal Learning International . A separate external Quality Assurance body called U21pedagogica monitors quality for U21Global...
, there are the accelerated routes for ACCA members to their master degree programmes.
Representation worldwide
- ACCA is represented on many committees and bodies around the world.
- ASEAN Federation of Accountants (AFA)
- Confederation of Asia Pacific Accountants (CAPA)
- Consultative Committee of Accountancy Bodies
The Consultative Committee of Accountancy Bodies is an umbrella group for the British chartered accountancy bodies.The CCAB was formed in 1974 and has six members:* Association of Chartered Certified Accountants...
(CCAB)
- Eastern, Central and Southern African Federation of Accountants (ECSAFA)
- European Financial Reporting Advisory Group
- Fédération des Experts Comptables Européens (FEE)
- Fédération des Experts Comptables Méditerranéens (FCM)
- Global Reporting Initiative
The Global Reporting Initiative produces one of the world's most prevalent standards for sustainability reporting - also known as ecological footprint - guidelines. Sustainability reporting is a form of value reporting where an organization publicly communicates their economic, environmental, and...
(GRI)
- IFAC
IFAC may refer to:* International Fine Arts College* International Federation of Accountants* International Federation of Automatic Control* Irvine Fine Arts Center* Irish Farm Accounts Cooperative...
- Institute of Chartered Accountants of the Caribbean (ICAC)
- Inter-American Accounting Association (IAA)
- South Eastern European Partnership on Accountancy Development (SEEPAD)
See also
- Chartered Certified Accountant
Chartered Certified Accountant is a British qualified accountant designation awarded by the Association of Chartered Certified Accountants ...
(ACCA/FCCA)
- Certified Accounting Technician
The Certified Accounting Technician qualification is offered by the Association of Chartered Certified Accountants . Upon completion of the exams and required practical work experience the CAT graduate will be able to apply to use the letters CAT after his or her name...
(CAT)
- Association of Authorised Public Accountants
The Association of Authorised Public Accountants is a British professional body for public accountants.The AAPA was formed in 1978 as a professional body for auditors recognised individually under the Companies Act 1948. AAPA achieved formal recognition by the Department of Trade and Industry in...
(AAPA - Subsidiary of ACCA)
External links