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which accountancy qualifi is powerfull ACCA or ICAEW?

Asked by dinsiv

Posted in Qualifications and Accounting

25 Sep 2008

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Answers (25)

  • The simple fact of the matter is that people in banking will see the ACCA as a dumbed down version of the ACA for whatever reason. ACA is the most prestigious in the eyes of employers generally.

    dion1927 09 Nov 2008

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  • Further to the answer above, where does CIMA fit into all of this nowadays? Is it rated at all or not, and if it is how does it compare to ACA?

    Smartsy 03 Oct 2008

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  • I have worked for a big 4 firm for a number of years - and I have seen first hand that ACAs are not only paid significantly more than ACCAs, they are promoted faster, fast tracked into management and many move into banking. I have also seen several ACA colleagues that have been given opportunities in NYC on secondment from the London office. I have also noticed for many banking jobs ACAs are favoured over ACCAs. (I am not an ACA or ACCA though... I'm an MBA).

    AVeFin 01 Oct 2008

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  • Actually i think you will find that ACA stands for association of creative accountants,

    Off Balance Sheet Bob 27 Sep 2008

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  • i took the ACA exam & dont find it more intellectually challenging. CPA exams in US are much harder.

    george 27 Sep 2008

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  • ACA is world recognize with any sector were ACCA is all so well known through the world I would prefer to employed who has qualified with ACA or CPA in financial services.

    Ashley Patel 27 Sep 2008

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  • ACA stands for "A Cut Above" as arrogant as that sounds it holds it's weight. When I was training for the first two exams as an ACA trainee a guy I was working with failed the same exams twice in a row. As soon as he transferred to the ACCA he passed them first time. The academic ability & hard work to pass the exams ensure that ACA's a much higher calibre.

    James 26 Sep 2008

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  • do u realise ACA have mutual recognition agreements with growing no of overseas bodies ? i.e. an accountant from Oz/HK can get ACA directly w/o sitting any conversion exams. is it still that prestigious ? also as a CA having worked outside the Isles, people prefer those w/ CFA rather than CA in front office roles like CF, Asset Mgt & Equity Research. No niche vs ACCA at all, unfortunately to be true

    CA 26 Sep 2008

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  • acca

    Lorraine Vel 26 Sep 2008

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  • if you can i'd be going for the ICAS and get CA after your name, that kicks all butts hands down. some may disagree but you all know it's true!

    001 26 Sep 2008

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