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Qualifying as a Chartered Accountant

Qualifying as a Chartered Accountant. ACA – A combination of four components. Initial professional development. Structured training in ethics. Examinations. Work experience. Entry requirements and entry routes. Minimum entry requirements:

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Qualifying as a Chartered Accountant

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  1. Qualifying as a Chartered Accountant

  2. ACA – A combination of four components Initial professional development Structured training in ethics Examinations Work experience

  3. Entry requirements and entry routes

  4. Minimum entry requirements: Two A levels (or international equivalent) and three GCSE passes including Maths and English The ACA – minimum entry requirements

  5. Graduate route Don’t need maths/accounting at A-level 84% of ACA students have a degree Majority of these have a non-relevant degree – eg, law, civil engineering, modern languages, history… School- leavers (A-levels or international equiv.) Fast Track programmes (from AAT) Certificate in Finance, Accounting and Business The ACA – multiple entry routes

  6. Exams

  7. Exams ADVANCED STAGE Case study 4 hour assessment 2 Advanced Stage modules – paper-based Each 3.5 hours long PROFESSIONAL STAGE 6 application modules – paper-based exam Each 2.5 hours long 6 knowledge modules – computer-based exam Each 1.5 hours long

  8. ACA exam structure

  9. Credit for prior learning / exemptions

  10. Credits / exemptions available

  11. Initial professional development

  12. Initial professional development Technical and functional expertise Set up to ensure continuous development in the following key areas that define a chartered accountant Personal effectiveness Business awareness Professional judgement Ethics and professionalism

  13. Structured training in ethics

  14. Web-based interactive programme Updated ethics guidance and activities Three stages designed to be spread across training Ethics also integrated into exams Structured training in ethics

  15. Work experience requirements

  16. 450 days of ‘real’ work experience of a financial, business or commercial matter Can include but is not limited to one of (or multiple) of: Accounting Audit/Assurance Taxation Financial Management Insolvency Information Technology Work experience requirements

  17. Practice: From Big Four to sole practitioners Public sector: National Audit Office, Ministry of Justice, Department of Transport, Thames Water, Portsmouth City Council, Wales Audit Office Financial services: Barclays, American Express, Deutsche Bank, JP Morgan, Royal SunAlliance, Royal Bank of Scotland, Old Mutual Business: T-Mobile, BUPA Care Homes, Barratt Homes, British Land Company Employers – they include:

  18. ACA training across the world

  19. Where can students train for the ACA Europe Tuition at selected centres in France, Germany etc Cyprus and GreeceLocal tuition and exam centres UKHQ. Local tuition and exam centres across UK RussiaLocal tuition and exam centres ChinaOffice. Local tuition and exam centres for top-up ACA course from CICPA qualification GulfTuition in Dubai and Bahrain MalaysiaOffice. Local tuition and exam centres RomaniaLocal tuition and exam centres Singapore Office. Local tuition PakistanTuition. Exam centres

  20. Qualifying as a Chartered Accountant

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