Conversion from ACCA to ACA

EMPLOYEE WANTING TO TAKE ACA PATHWAYS

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I have one employee who is planning to undertake the Pathways track to convert her FCCA qualification to ACA.  This would assist in succession planning for our Chartered Accountants Practice but it's also a personal target for her. 

Does anyone have any experience of Pathways; how hard is the Examination of Experience and what are the chances of passing first time? 

Is it worth it?  Is the Practice being a Chartered Accountants rather than Chartered Certified Accountants still seen as superior?    

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By Mr_awol
06th Aug 2018 13:24

If it's necessary for your firm to retain its chartered status then yes it's worth it.

I think they've made it easier these days to convert now, although I cant comment on how hard it is. This might depend on how hard your employee found the ACCA I guess - if they only scraped through that, and haven't studied for a while, then they might struggle with further studying. They may also now be in a role which doesn't afford them sufficient time off to put the work in to get the results they need.

Obviously neither qualification guarantees a 'superior' accountant and I'm sure we have all seen useless examples with both qualifications. I'm not going to (fully) open that can of worms but I tend to find that chartered accountants say the ACA is better and certified accountants say there's no difference...... ;)

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Replying to Mr_awol:
Slim
By Slim
06th Aug 2018 14:42

I know people who have done it, if you have good experience it is easy, the hardest part is paying the fees.

Exam is a stretch, it is more writing a few pages about your experience.

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Replying to Slim:
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By Mr_awol
07th Aug 2018 10:44

Then I would say it's a bit of a no-brainer in the OPs case. Assuming the Employee is on board of course. It seems pointless for them to retain both memberships so presumably they would drop the ACCA (they could always transfer back one day if the were particularly attached to it or wanted to become a partner at an ACCA firm).

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