recently become ACCA member

recently become ACCA member

Didn't find your answer?

Have recently become an ACCA member (not pract cert - member only) but have been in practice for 5 years (subbing and a few clients). Do not use ACCA membership in letterehead or any other way.

Anybody see any probs with ACCA for this. If so - how do will they know??

Thank you.
A P

Replies (11)

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By Ken Howard
09th Aug 2006 13:09

You can't practice
Sorry, but according to ACCA rules, you aren't allowed to practice without a practicing certificate. That applies whether you are a student or a member. So if you were practicing whilst you were a student, you have been breaking their rules for some time anyway.

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By User deleted
09th Aug 2006 23:06

Daft!
I suspect you do actually already realise you need a practising certificate - it isnt rocket science to read the members handbook.

To be brutally honest it strikes me as daft - you have studied long and hard for these exams and then -

a) you dont put them to good use - I suspect you could be earning considerably more if using your qualification and,

b) you should be proud of the fact you are qualified - why on earth not use it?

As for how will they know.....!

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By AnonymousUser
10th Aug 2006 10:19

Worrying
The most worrying part is you seem to think that as long as no one finds out, then it's OK.
You are in serious breach of ACCA's global practising regulations ( see http://www.accaglobal.com/professionalstandards/rules/) and whether ACCA knows or not, as a member you have committed to a certain standard of ethics. If you cannot adhere to these standards, you should resign your membership.

Incidentally, you will be unlikely to gain a practising certificate as you must spend at least 3 years working (on a full time basis as an employee or sub-contractor) for an ACCA Approved Employer to gain one.
You may undertake honorary public practice, but only if you are not paid (may accept gifts up to £50) and the entity does not have a turnover of more than £100,000 pa and the aggregate turnover of all entities does not exceed £200,000. This is so local clubs etc can have treasurers for little or no cost.

I hope you will do the 'right thing' as soon as possible. I notice you are not brave enough to use your name!

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By AnonymousUser
09th Aug 2006 14:32

The real problem is
you will know, not whether your institute knows. This part of your question brings both you and the ACCA into disrepute.

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By AnonymousUser
10th Aug 2006 07:45

More pertinent is ............
what would you say to your clients, if your clients were to ask "WHAT PROFESSIONAL QUALIFICATIONS DO YOU HOLD?"

Back to basics - what do you look for in a person who claims to be capable of handling your tax, secretarial, auditing, accounting, finance matters?

You would not call a qualified accountant who has some experience in engineering works to build the suspension bridge of Japan, right? If you do, you will get to read "..... bridges falling down...in here and there...", highland towers collapse and the unqualified engineer who build your bridges and towers who holds accounting qualifications will just laugh his way to his Swiss Bank accounts, being protected by the golden rule in separate and distinct entity.

I look for qualified professionals to do my accounting and related work. I would end up paying more to an unqualified person who leaves loopholes and flaws here and there to be found out later.

Who would you pick to be your tax consultant? FCA , FTII or "half-qualifieds"? How does the so-called experienced "half-qualifieds" prove to you to your satisfaction that he will fulfil all necessary tax compliance and reuirements? Would an FCA or FTII have gone through a formal course in tax to know what he has to cover in your tax assignments? I guess everyone knows clearly.

Well, the choice is yours - to prove that you hold ACCA or leave it "blank". Will your clients still think you are highly competent as those qualified ACCAs?

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By David160
10th Aug 2006 21:39

Local club treasurer
"local clubs can have treasurer..." Presumably this means that you need a practicing certificate to be a company secretary or a financial director?

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By User deleted
14th Aug 2006 06:13

Hear this enlightenment on AIA
I write to AIA because of telling them this famous professor as chief examiner for AIA and they reply who this famous professor and never heard of him and also said standards now very high like the rest and if I don't know or know.

Looks like I don't so high standards already. So, A P can join AIA also, no need others because AIA standards like the rest same level.

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By Narninda
14th Aug 2006 10:57

I get this Page not found for your advice on ACCA rules
This is for Stephanie Naylor

Page not found
This could be because of a mistyped web address. Please ensure the address and spelling are correct and that there are no erroneous capital letters or spaces.

It is also possible that the page may have been moved, updated or deleted.

Please continue exploring the ACCA website via one of the links below or by using the search box at the end of this page.


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By AnonymousUser
19th Aug 2006 04:18

AAT is very best
AAT can also do for you, but professor said ACCA designate better still.

So, ACCA got professor backup. Go for ACCA because you do not want losing to others.

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By martinfoley07
10th Aug 2006 15:08

....jeez......
.....no wonder some folk query why "qualified" accountants are better. As AP demonstrates all too graphically, not all of them are.

Sorry to hear you got the qualification without the backbone.

"How might I get found out".

Whew!!!!

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