In terms of best reputation, most recognised, preference etc, which is the best out of The Institute of Certified Bookeepers and The International Association of Bookkeepers?
Nicola Dobson
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AIA better than all can be
Here me, prof kk. AIA better as can be able to set easier exam like others can say compare with CCAB. You can tell this S L saying in this website much long ago then.
I also encourage because if not many non-qualify accountant take CCAB exam, I afraid many can't think they can pass. AIA easy , so many can pass and become accountant.
Accountant higher than bokkeeping, so be accountant you can do everything you can all the time, bookkeeping cannot do this because not generally expert in accounting aspect.
AAT, of course
To those caught unaware, Accountess started a thread on the IFA/ICAEW topic again, much to the chagrin of Frauke Golding who claimed such "discussions" mentioned by Accountess as "not true".
From my observation, Accountess seem knowledgeable and he could have been an "inside" man of the IFA committee, failing which, he would certainly not be in a position to tell us so much even Frauke "didn't know". So, thank Accountess for the much updated news.
The news now concerned IFA and AAT. Looking back, we know that the WTO is coming, with the advent of legalising the word "ACCOUNTANT" in UK, I see that there is every reason for AAT/IFA to possibly come to some form of conclusion. The conclusion? To become a bigger force to be reckoned with.
But why IFA? not AIA, CPA, ACCA? That's because the others are senior bodies in the profession in UK. A junior body can't possibly court the senior so easily, citing the "break-off" of the IFA/AIA merger.
The IFA/AAT "merger", if this were to materialise, shall conclude with the name change to somewhat like "...accounting..." body. Thus, the do away of the junior title called "technician" after they conclude the purpose and objective later.
The name change and being a big body then, would cause an impact for the senior bodies to listen to them. Would a country ignore the pleas of a 100 K strong membership?
Next, could be the ICB in the pipe-line. As someone quoted it to be the "biggest bookeeping body, a possible absorption exercise could create an even much bigger force to be reckon with.
Soon, we shall see only accounting bodies existing in the UK, no more technician bodies in accounting and could this move come within the definition of "ACCOUNTANT" should this profession be confined to some legal definition later on?
This is just my guesswork of the developments to come, but please...all should stay watch to find out what is happening and also let us know more developments that transpired.
Bookkeeping qualifications
I'm going annoy at lot of people - but I work with a lot of different book keepers and I find AAT bookkeepers don't know as much as IAB bookkeepers, and some of the best bookkeepers have no qualifications at all.
Do the qualification you want to do. Look at what it covers and if its want you want to do - do that one.
Don't just stop at Book-keeping
My advise is to not just stop at Book-keeping. Look far and wider. Being "stuck" at book-keeping for too long is boring unless being a book-keeper for life is your sole ambition.
Go for something broad-base, like the AAT or CAT. Both these technician qualification can lead you to a professional level exam such as the CIMA, ACCA, ICAEW, etc.
Look far, to go far.
Qualifications
I'm actually already ACCA qualified and can therefore obtain membership of a bookkeeping qualification just by applying.
I cannot practice as ACCA at present as I do not have a certificate and no means to get one as I do not work in practice or an accounts department.
AAT
Hi Nicola
If you are ACCA qualified, you can apply to the AAT for membership and take advantage of the Member in Practice scheme and CPD scheme.
Neil
Of course the best of all AAT
AAT got professor vouching, so it must be best of course!
AAT also can get exemption in one of Irish institute MBA. SUre you all know which of course, right?
Logic Frauke Golding
AAT is most popular, logic Frauke Golding, correct or not correct, pleaaase tell the world for sure everyone understand and know you well enough.
AAT got most members and biggest amoung all technician bodies.
If IAB best, then please complain to AAT. Let AAT do correction for your telling.
Show AAT your complain and show IAB your best staff is IAB not AAT. AAT deseve to know best for such matter for improvement for future challenge and future good book-keepers.
How come AAT not so good, Frauke Golding. Did you research and find out how come?
Then tell AAT after your research and findings for future of AAT growth.
To further clarify my points made
I say again that one should go far by taking on further examinations like the CCABs instead of being contented with book-keeping for life.
AAT and CAT is much further than a book-keeping qualification. If one has gone through the very first stage, then he would have been well-taught against the basic principles of practical double-entries. Where can an AAT/CAT go wrong then?
As compared to an AAT/CAT with exemptions who sits the fianl few papers, his grasp of the earlier basics may not be there. I said "may not", but still he could have learn elsewhere.
The IFA qualification is an equally good foundation qualification in book-keeping too by the looks of its earlier stages of the syllabus.
Higher level qualifications emphasizes on the higher or professional aspects much more. They prepare you for a professional career in accountancy. The AAT/CAT/IFA is like 'on-between' but not up to intermediate professional accountancy. AAT/CAT being the more popular, that is why I reasoned that it is better to take up AAT/CAT for your career take-off in the field of book-keeping and accountancy.
Sorry folks, I am out-dated in the sense that I didn't know the ICB has more than 100,000 qualified book-keepers (ICB is the largest book-keeper body - AAT has more than 100,000 members). My best wishes to these qualified book-keepers and may they follow my advice to take up professional accountancy like CCAB. I bet ACCA will love you all as, if 50% of these ICB qualifieds were to join ACCA means an increase of at least 50,000 ACCA students and I love to see how ICAEW responds to such big increase in ACCA intake in the UNITED KINGDOM.
Last but not least, a BIG THANK YOU for updating me. I am surely out-of-date on ICB. Sorry.
ICCBW
How about the set-up of The Institute of Chartered Certified Book-keepers in this world?
Previously, The Institute of Chartered Accountants in this World was suggested, and up came this Institute next - ICAW.
Since my friend asked me more about ICAW after I posted quite sometime back, for information, I didn't help set up ICAW. If I did, I would have got the co-operation of all ICAs and CPAs first and got them to recognise first before setting this Institute up.