What's better ACA or ACCA?

I am about to start studying for my AAT Level 4, and work in the Accounts & Audit Dept of a small practice. The units I choose in AAT Level 4 will determine what exemptions I can get from either ACA or ACCA. My question is which is best, in terms of both for practical use and looking good on a CV.

 

Thanks

Comments

This often turns into a big

stevo5678 | | Permalink

This often turns into a big debate but I would say that either one would be great for your career.  They are both CCAB qualifications and just as difficult to pass (although ACCA is easier to become a student with).

The key is where do you work/want to work.

ACCA puts itself between ACA and CIMA in terms of content.  ACA is more practice/tax focused.

I am ACCA and work in an ACA firm.  There is an ACCA manager but the partners are ACA.  My brother works in an ACA firm and a director is ACCA.

I chose ACCA as it suited my study needs/committments at the time as the course providers are more flexible.  However if you work in practice I would give the edge to ACA just because alot of old school accountants/businessmen still perceive this as the only 'Chartered' qualification despite this not being true as every CCAB qualification is with a 'Chartered' body...

The largest accountancy firm in my area with 400 staff is an ACA firm but the managing partner is ACCA.  This demonstates the little difference it makes to ones career in most situations.

It's a bit of half a dozen of one and 6 of the other so go with what's best for your study plans and the culture of your employer.

Acca or Aca

Acctsgen | | Permalink

As a fellow of the ACCA it saddens me to say that if you can, get yourself onto an ACA training contract if you have a choice. When I finished Uni I chose ACCA because it offered flexible study and seemed the right choice for a global accountancy qualification. In 1997 ACCA re-modelled its exams on the ICAEW syllabus and was given chartered status. This appealed to me and when I found out the 'advanced tax' option went further than ACA did I went with it.
Now however ACCA have changed their final exam process where students can now take their finals one at a time.
I am sad to say that this has completely destroyed the prestige of what was very a tough qualification to get especially when you had to take and pass all 3 final exams together like I did.
Sad to say you are better off with ICAEW or ICAS.
Good luck everyone

ACA vs CIMA, which one to choose ?

Kyzersoziah | | Permalink

Hi everyone
Since the last month I've been giving it a very serious thought to go for accounting qualification.. I'm struggling with choice between ACA and CIMA. I know the difference between them ,I'm also aware that ACA is more difficult and more rewarding than CIMA. But still both qualifications are highly regarded and require a tremendous amount of time and serious commitment.

My educational background, I've a master degree in accountancy from University of Glasgow( 2009) and my bachelor was in accounting with minor in finance. I'm a lecturer in a national college,teaching accounting and finance courses ( no surprise here :) ). I need to get out of the academic field for now and join the business community.
I'm looking toward the financial and the corporate position sides in future after getting either of these qualifications.

The possible/expected exemptions:
CIMA: 11 courses provided that I passed the " Gateway Fast Track Exam" then I will be left with 3 exams and the study case.
ACA: 4- 5 courses.

I'm 36 yrs old, and somehow I think that doing the auditing at this age could be even more difficult, I could be wrong.
At work I have a flexible work schedule, I can even study in my office for an average of 3 hours daily.
So, if you were in my shoe which qualification would u go for ?
Another question, what is the oldest age has done either of these certificates? From what I've read in the websites most of students (if not all) are under 30 yrs.
I know that if I decided go to for PhD in the America I will be taking a very advanced courses with their exams. I'm referring to the amount of time here it would take in doing the PhD.

I'd highly appreciate any advice you can offer.
Sorry it's a little lengthy :) .

ACA vs CIMA, which one to choose?

Kyzersoziah | | Permalink

Hi everyone
Since the last month I've been giving it a very serious thought to go for accounting qualification.. I'm struggling with choice between ACA and CIMA. I know the difference between them ,I'm also aware that ACA is more difficult and more rewarding than CIMA. But still both qualifications are highly regarded and require a tremendous amount of time and serious commitment.

My educational background, I've a master degree in accountancy from University of Glasgow( 2009) and my bachelor was in accounting with minor in finance. I'm a lecturer in a national college,teaching accounting and finance courses ( no surprise here :) ). I need to get out of the academic field for now and join the business community.
I'm looking toward the financial and the corporate position sides in future after getting either of these qualifications.

The possible/expected exemptions:
CIMA: 11 courses provided that I passed the " Gateway Fast Track Exam" then I will be left with 3 exams and the study case.
ACA: 4- 5 courses.

I'm 36 yrs old, and somehow I think that doing the auditing at this age could be even more difficult, I could be wrong.
At work I have a flexible work schedule, I can even study in my office for an average of 3 hours daily.
So, if you were in my shoe which qualification would u go for ?
Another question, what is the oldest age has done either of these certificates? From what I've read in the websites most of students (if not all) are under 30 yrs.
I know that if I decided go to for PhD in the America I will be taking a very advanced courses with their exams. I'm referring to the amount of time here it would take in doing the PhD.

I'd highly appreciate any advice you can offer.
Sorry it's a little lengthy :) .

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