What is the difference between an ACA and an ACCA qualification?
I would like to train as an accountant and have the choice of these two qualifications. Thank you!
Other - Careers & Employment - 1 Answers
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Answer 1 :
The ACA isn't as internationally recognized as the ACCA. The ACCA is in over 170 different countries, so I would say it is better... If you are looking to start the ACCA this fall, I would start looking at schools now (since you have to register with the ACCA before the 15th!) There are a lot of schools that offer these types of programs, but I would recommend the London School of Business and Finance the most. The reason is that they combine ACCA with bachelors and master degrees... The ACCA takes 2.5 years - if you do some extra work for the ACCA during one summer, you are able to earn a Bachelors Degree in Applied Accounting from Oxford. Furthermore, if you study 1-1.5 years after finishing the ACCA, you are able to earn a MBA in Financial Services (or any number of other subjects). This way you finish your whole education in about 4 years, and can get into Accounting or Finance (whichever interests you more at that time). And, the whole program (all 4 years) costs less than 1-year of your undergraduate if you go to an American university! Right now they are also giving scholarships away that makes the 14,500GBP MBA program free for students who sign up for the whole 14-papers of the ACCA (or less if they have exemptions). Finally, if you don't want to study in London - you can take the whole program online! I am an official ACCA-based adviser and would be happy to answer any questions you - or anyone else reading this - may have in regards to the ACCA or schools with good programs. You can contact me on both Yahoo! email or messenger. My name on both is thiel_pt_2008
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