Association of Chartered Certified Accountants

Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global body for professional accountants offering the Chartered Certified Accountant

Chartered Certified Accountant

Chartered Certified Accountant was historically seen as a British qualified accountant designation awarded by the Association of Chartered Certified Accountants . However, although ACCA is UK based, it is a global body for professional accountants with 147,000 qualified members and 424,000...

qualification (Designatory letters ACCA or FCCA). it is one of the largest and fastest-growing global accountancy bodies with 147,000 members and 424,000 students in 170 countries. The Institute's headquarters are in London

London

London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

with the principal administrative office being based in Glasgow

Glasgow

Glasgow is the largest city in Scotland and third most populous in the United Kingdom. The city is situated on the River Clyde in the country's west central lowlands...

. ACCA work through a network of 83 offices and centres and more than 8,500 Approved Employers worldwide, who provide high standards of employee learning and development.

The term 'Chartered' in ACCA qualification refers to the Royal Charter

Royal Charter

A royal charter is a formal document issued by a monarch as letters patent, granting a right or power to an individual or a body corporate. They were, and are still, used to establish significant organizations such as cities or universities. Charters should be distinguished from warrants and...

granted in 1974 by Her Majesty the Queen in the United Kingdom

United Kingdom

The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

.

Since Chartered Certified Accountant

Chartered Certified Accountant

is a legally protected term, individuals who describe themselves as Chartered Certified Accountants must be members of ACCA and, if they carry out public practice engagements, must comply with additional regulations such as holding a practising certificate, being insured against any possible liability claims and submitting to inspections.

The Association of Authorised Public Accountants (AAPA)

Association of Authorised Public Accountants

The Association of Authorised Public Accountants is a British professional body for public accountants.The AAPA was formed in 1978 as a professional body for auditors recognised individually under the Companies Act 1948. AAPA achieved formal recognition by the Department of Trade and Industry in...

, one of the British professional bodies for public accountants

British qualified accountants

British qualified accountants are full voting members of United Kingdom professional bodies that evaluate individual experience and test competencies for accountants....

, has been a subsidiary of ACCA since 1996.

ACCA works in the public interest, assuring that its members are appropriately regulated for the work they carry out and, promoting principles-based approaches to regulation. ACCA as an organisation actively seek to enhance the public value of accounting in society through international research, taking a progressive stance on global issues to ensure accountancy as a profession continues to grow in both reputation and influence.

History

ACCA can trace its history back to 1904 when eight people formed the London Association of Accountants. This was done in order to allow more open access to the profession than was available through the existing accounting bodies at the time, notably the Institute of Chartered Accountants in England and Wales and the Institute of Chartered Accountants of Scotland

Institute of Chartered Accountants of Scotland

The Institute of Chartered Accountants of Scotland is the Scottish professional body of Chartered Accountants . It is a regulator, educator and influencer.ICAS act as a thought leader and voice of the professional business community...

. , the goal of ACCA is to become the world’s leading global professional body by size.

A timeline of key dates in the history of ACCA and its predecessor bodies is:

1930 : London Association of Accountants successfully campaigns for the right to audit companies
1933 : London Association of Accountants renamed London Association of Certified Accountants
1939 : Corporation of Accountants (Scottish body, founded 1891) merges with London Association of Certified Accountants to become the Association of Certified and Corporate Accountants
1941 : Institution of Certified Public Accountants (founded 1903, and incorporating the Central Association of Accountants from 1933) merges with Association of Certified and Corporate Accountants
1971 : Association of Certified and Corporate Accountants renamed Association of Certified Accountants
1974 : Royal Charter
Royal Charter
A royal charter is a formal document issued by a monarch as letters patent, granting a right or power to an individual or a body corporate. They were, and are still, used to establish significant organizations such as cities or universities. Charters should be distinguished from warrants and...

received from Her Majesty the Queen.
1974 : ACCA becomes one of the six founding members of the Consultative Committee of Accountancy Bodies
Consultative Committee of Accountancy Bodies
The Consultative Committee of Accountancy Bodies is an umbrella group for the chartered professional bodies of British qualified accountants.The CCAB was formed in 1974 and has six members:* Association of Chartered Certified Accountants...

(CCAB).
1977 : ACCA becomes a founding member of the International Federation of Accountants
International Federation of Accountants
International Federation of Accountants is the global organization for the accountancy profession. IFAC has 164 member and associates in 124 countries and jurisdictions, representing more than 2.5 million accountants employed in public practice, industry and commerce, government, and academe...

(IFAC).
1984 : Association of Certified Accountants renamed Chartered Association of Certified Accountants
1995 : ACCA members vote at an extraordinary general meeting to amend the name of the body to the Association of Chartered Public Accountants and to introduce the designation Chartered Public Accountant. The Privy Council subsequently rejected this proposal as it was concerned about the inclusion of the term public. It did however agree that any accountancy body that had a royal charter could be granted the right to use chartered as part of the members’ designation.
1996 : Chartered Association of Certified Accountants renamed Association of Chartered Certified Accountants. Members become entitled to use the title Chartered Certified Accountant
Chartered Certified Accountant
Chartered Certified Accountant was historically seen as a British qualified accountant designation awarded by the Association of Chartered Certified Accountants . However, although ACCA is UK based, it is a global body for professional accountants with 147,000 qualified members and 424,000...

(Designatory letters ACCA or FCCA). The Association of Authorised Public Accountants
Association of Authorised Public Accountants
The Association of Authorised Public Accountants is a British professional body for public accountants.The AAPA was formed in 1978 as a professional body for auditors recognised individually under the Companies Act 1948. AAPA achieved formal recognition by the Department of Trade and Industry in...

becomes a subsidiary of ACCA.
1998 : ACCA's syllabus formed the basis of the United Nations
United Nations
The United Nations is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace...

' global accountancy curriculum titled Guideline on National Requirements for the Qualification of Professional Accountants published in 1999. ACCA was a participant in the consultative group, which devised this global Benchmark, and reference to ACCA's role is included throughout the publication.
2001 : ACCA received a Queens Award for Enterprise in International Trade, recognising the growth of ACCA and its role in 160 countries worldwide.
2002 : ACCA received its second Queens Award for Enterprise in the space of 12 months, honouring its continuing work on social and environmental issues with the confirmation of the Queens Award for Enterprise in the Sustainable Development category. ACCA's first Queens Award, for Export Achievement, was presented in 1996.
2009 : ACCA members allowed to provide and to charge for probate services with effect from 1 August 2009 under The Probate Services (Approved Bodies) Order 2009 Number 1588.

Chartered Certified Accountant (ACCA) - Professional Scheme

The Professional Scheme is the primary qualification of the ACCA and, following completion of up to 14 professional examinations and three years of supervised, relevant accountancy experience, enables an individual to become a Chartered Certified Accountant

Chartered Certified Accountant

In accordance with ACCA's traditions, there is open access to its examinations.
As part of the Professional Scheme, a Bachelor of Science (Honours) degree in Applied Accounting (after completing Part 2 of the Professional Scheme and submitting a Research project), is offered in association with Oxford Brookes University
Oxford Brookes University
Oxford Brookes University is a new university in Oxford, England. It was named to honour the school's founding principal, John Brookes. It has been ranked as the best new university by the Sunday Times University Guide 10 years in a row...

.
The current syllabus is made up of 14 examinations, although some exemptions are available. The papers are split into two parts, the fundamental level (9 examinations consisting of F1 Accountant in Business, F2 Management Accounting, F3 Financial Accounting,F4 Corporate and Business Law, F5 Performance Management, F6 Taxation, F7 Financial Reporting, F8 Audit and Assurance, and F9 Financial Management) and the Professional level (5 examinations). Within the professional level there are three compulsory papers (P1 Governance, Risk & Ethics, P2 Corporate Reporting, P3 Business Analysis) and four optional papers (P4 Advanced Financial Management, P5 Advanced Performance Management, P6 Advanced Taxation and P7 Advanced Audit and Assurance, of which two must be selected).
Subjects examined include financial accounting, management accounting
Management accounting
Management accounting or managerial accounting is concerned with the provisions and use of accounting information to managers within organizations, to provide them with the basis to make informed business decisions that will allow them to be better equipped in their management and control...

, financial reporting, taxation, company law, audit and assurance
Audit
The general definition of an audit is an evaluation of a person, organization, system, process, enterprise, project or product. The term most commonly refers to audits in accounting, but similar concepts also exist in project management, quality management, and energy conservation.- Accounting...

and financial management
Corporate finance
Corporate finance is the area of finance dealing with monetary decisions that business enterprises make and the tools and analysis used to make these decisions. The primary goal of corporate finance is to maximize shareholder value while managing the firm's financial risks...

.

It is ACCA policy to update the examination syllabus on a regular basis. Changes were most recently made in 1994, 2001 and 2007. The revised syllabus updated the qualification for recent developments in the accountancy profession and reorganised the papers within the examination.

The ACCA professional examinations are offered worldwide twice yearly, in June and December.

Certified Accounting Technician (CAT)

This is an introductory qualification for accounting technicians. Although CAT can be obtained as a standalone qualification, it is often the case that individuals study for CAT as an introduction to accountancy prior to starting the Professional Scheme. It usually takes 1–3 years to complete the Certified Accounting Technician exams. However, there is no restriction on the number of papers that can be attempted in one attempt.

Alternatives to the CAT qualification include the Association of Accounting Technicians

Association of Accounting Technicians

The Association of Accounting Technicians, or AAT, is an accountancy organisation with over 120,000 members worldwide. The AAT is a technician level qualification which entitles those who have completed the exams and obtained relevant supervised work experience to call themselves associate...

qualification. ACCA was a sponsor of the AAT before breaking its links in favour of the CAT qualification in the mid 1990s.

Currently, the Certified Accounting Technician qualification (CAT) has been placed on the National Qualifications Framework

National Qualifications Framework

The National Qualifications Framework is a credit transfer system developed for qualifications in England, Wales and Northern Ireland....

of the Qualifications and Curriculum Development Agency (QCA), and publicly-funded educational institutions are now eligible for funding to train towards the qualification in United Kingdom

United Kingdom

.

Under a recent re-structure of its courses, the ACCA has placed the CAT as part of the Foundations in Accountancy suit of qualifications.

Other qualifications

The ACCA offers other qualifications:

MBA (for ACCA full members, offered in association with Oxford Brookes University
Oxford Brookes University
Oxford Brookes University is a new university in Oxford, England. It was named to honour the school's founding principal, John Brookes. It has been ranked as the best new university by the Sunday Times University Guide 10 years in a row...

)
BSc(Hons) in Applied Accounting, offered in association with Oxford Brookes University
Oxford Brookes University
Oxford Brookes University is a new university in Oxford, England. It was named to honour the school's founding principal, John Brookes. It has been ranked as the best new university by the Sunday Times University Guide 10 years in a row...
MSc
MSC
- Computers:* Mario Strikers Charged* Microsoft Common Console Document, file for the Microsoft Management Console* Microelectronics Support Centre* Microsoft Corporation* MIDI Show Control* Message Sequence Chart...

in Financial Management, offered in association with Heriot Watt University
Diploma in Financial Management (DipFM). Introduced in the mid-1980s as the Certified Diploma in Accounting and Finance (CDipAF), a financial qualification designed for non-finance managers. This qualification was withdrawn for new registrants at the end of 2010 and will be replaced with Foundations in Accountancy awards at the end of 2011
Diploma in International Financial Reporting (DipIFR)
Certificate in International Auditing (CertIA)
Certificate in International Financial Reporting (CertIFR)

ACCA Affiliate versus Members

In the first instance, individuals register as student members to undertake the Professional Scheme qualification.

Upon successful completion of the examinations, student members are automatically transferred to Affiliate status.

"For ACCA affiliates to gain admission to full membership, they must demonstrate, on the application form, that they have obtained a minimum of three years of acceptable, supervised, practical experience in an accountancy role (or roles) and have reached the required standard of competence".

Fellowship

From 2008, Fellowship, or senior membership of ACCA, is awarded automatically based on 5 years' continuous membership, subject to compliance with Continuing Professional Development

Continuing Professional Development

Continuing professional development or Continuing professional education is the means by which people maintain their knowledge and skills related to their professional lives.-CPD research:...

requirements.

Fellow members of ACCA use the designatory letters FCCA in place of ACCA.

Continuing Professional Development

Before 2005, Continuing Professional Development (CPD) was mandatory only for holders of practising certificates and insolvency licences. From 2005 to 2007, ACCA phased in mandatory CPD requirements for all members.

United Kingdom and Republic of Ireland

The ACCA or Chartered Certified Accountant
Chartered Certified Accountant
Chartered Certified Accountant was historically seen as a British qualified accountant designation awarded by the Association of Chartered Certified Accountants . However, although ACCA is UK based, it is a global body for professional accountants with 147,000 qualified members and 424,000...

qualification is fully recognised in the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

and Republic of Ireland
Republic of Ireland
Ireland , described as the Republic of Ireland , is a sovereign state in Europe occupying approximately five-sixths of the island of the same name. Its capital is Dublin. Ireland, which had a population of 4.58 million in 2011, is a constitutional republic governed as a parliamentary democracy,...

.
- Under the Royal Charter
  Royal Charter
  A royal charter is a formal document issued by a monarch as letters patent, granting a right or power to an individual or a body corporate. They were, and are still, used to establish significant organizations such as cities or universities. Charters should be distinguished from warrants and...
  
  granted by Her Majesty the Queen, ACCA works in the public interest.
- ACCA is a Designated Professional Body under the Financial Services and Markets Act, business activities.
- ACCA is a Recognised Professional Body under the Insolvency Act to issue permits to individual Chartered Certified Accountant
  Chartered Certified Accountant
  Chartered Certified Accountant was historically seen as a British qualified accountant designation awarded by the Association of Chartered Certified Accountants . However, although ACCA is UK based, it is a global body for professional accountants with 147,000 qualified members and 424,000...
  
  s to conduct insolvency appointments.
- ACCA is also a Recognised Qualifying Body and Recognised Supervisory Body in relation to company auditing under the Companies Act 1989.
- ACCA is a member of the Consultative Committee of Accountancy Bodies
  Consultative Committee of Accountancy Bodies
  The Consultative Committee of Accountancy Bodies is an umbrella group for the chartered professional bodies of British qualified accountants.The CCAB was formed in 1974 and has six members:* Association of Chartered Certified Accountants...
  
  (CCAB). Members of these bodies are deemed to hold equivalent-level qualifications and advertisements for jobs often state that an organisation is looking for a CCAB-qualified individual.
- Full members of CCAB
  Consultative Committee of Accountancy Bodies
  The Consultative Committee of Accountancy Bodies is an umbrella group for the chartered professional bodies of British qualified accountants.The CCAB was formed in 1974 and has six members:* Association of Chartered Certified Accountants...
  
  organisations including ACCA can apply for ICAEW membership subject to certain criteria.
- Only ACCA, ICAEW, ICAI
  Institute of Chartered Accountants in Ireland
  Members of the Institute use the designatory letters ACA. Senior members may be elected Fellows and use the designatory letters FCA....
  
  , ICAS
  Institute of Chartered Accountants of Scotland
  The Institute of Chartered Accountants of Scotland is the Scottish professional body of Chartered Accountants . It is a regulator, educator and influencer.ICAS act as a thought leader and voice of the professional business community...
  
  and AIA
  Association of International Accountants
  The Association of International Accountants is a professional accountancy body. It was founded in the UK in 1928 and since that date has promoted the concept of ‘international accounting’ to create a global network of accountants in over 85 countries worldwide.AIA is recognised by the UK...
  
  are able to authorise members to conduct audit, insolvency and investment business work in the United Kingdom
  United Kingdom
  The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
  
  and Republic of Ireland
  Republic of Ireland
  Ireland , described as the Republic of Ireland , is a sovereign state in Europe occupying approximately five-sixths of the island of the same name. Its capital is Dublin. Ireland, which had a population of 4.58 million in 2011, is a constitutional republic governed as a parliamentary democracy,...
  
  .
Outside these countries, legal recognition by government authorities, and mutual recognition by equivalent overseas institutes, varies from country to country. Even where full legal or mutual recognition is not available, ACCA members can sometimes obtain advanced standing in terms of sitting local accountancy examinations. Additionally, in many instances, ACCA's strong global reputation may obviate the need to acquire a local designation.
Similarly, many (although not all) universities and educational providers will recognise ACCA as equivalent to at least a Bachelor degree in accountancy
Accountancy
Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in...

, for the purpose of obtaining credit to acquire a local Masters degree or enter an advanced study program.

The Irish educational regulatory authorities - Higher Education and Training Awards Council (HETAC) has assigned ACCA Qualification to Level 9 of the Irish National Qualifications Framework (NQF) in 2008. Level 9 holds Irish postgraduate qualifications, such as postgraduate diplomas and masters degrees.

In 2011, the Professional Oversight Board

Professional Oversight Board

The Professional Oversight Board is a UK regulatory body specializing in the accounting, auditing and actuarial professions. It is a part of the Financial Reporting Council , the independent regulator of corporate governance and reporting in the UK.-Functions:The Board's state d purpose is to...

published information for the first time about its concerns over self-regulation by particular institutes. Press reports highlighted comments about ACCA, which had implemented recommendations to improve its examination syllabus, but needed to pay greater attention to continuing monitoring of members who had registered as auditors some years ago.

European Union (EU), European Economic Area (EEA) & Switzerland

The ACCA qualification is legally recognized by all member countries of the European Union
European Union
The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...

under the Mutual Recognition Directive
European professional qualification directives
There are two main European legal instruments covering the mutual recognition of professional qualifications: Directive 89/48/EEC and Directive 92/51/EEC....

. This recognition extends to the European Economic Area
European Economic Area
The European Economic Area was established on 1 January 1994 following an agreement between the member states of the European Free Trade Association and the European Community, later the European Union . Specifically, it allows Iceland, Liechtenstein and Norway to participate in the EU's Internal...

nations and Switzerland
Switzerland
Switzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....

. For example a holder of the ACCA or Chartered Certified Accountant
Chartered Certified Accountant
Chartered Certified Accountant was historically seen as a British qualified accountant designation awarded by the Association of Chartered Certified Accountants . However, although ACCA is UK based, it is a global body for professional accountants with 147,000 qualified members and 424,000...

qualification could practice as an accountant in all member countries of the European Union
European Union
The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...

, European Economic Area
European Economic Area
The European Economic Area was established on 1 January 1994 following an agreement between the member states of the European Free Trade Association and the European Community, later the European Union . Specifically, it allows Iceland, Liechtenstein and Norway to participate in the EU's Internal...

and Switzerland
Switzerland
Switzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....

, but could only describe him/herself as ACCA or Chartered Certified Accountant rather than local professional accountant qualification. Access to local professional qualifications is based on an aptitude test. However, it is necessary to be a citizen of one of the EEA states or Switzerland to benefit from this Directive.

Turkey

ACCA and TÜRMOB (The Union of Chambers of Certified Public Accountants of Turkey) at Turkey
Turkey
Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...

signed a partnership agreement in 2004 which enables TÜRMOB members resident in Turkey
Turkey
Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...

to follow the ACCA Professional Scheme qualification and achieve ACCA membership.

Others

The ACCA currently is recognized by the national accounting institutes with the joint scheme relationships in:
- Armenia
  Armenia
  Armenia , officially the Republic of Armenia , is a landlocked mountainous country in the Caucasus region of Eurasia...
  
  (Association of Accountants and Auditors in Armenia);
- Georgia
  Georgia (country)
  Georgia is a sovereign state in the Caucasus region of Eurasia. Located at the crossroads of Western Asia and Eastern Europe, it is bounded to the west by the Black Sea, to the north by Russia, to the southwest by Turkey, to the south by Armenia, and to the southeast by Azerbaijan. The capital of...
  
  (Georgian Federation of Professional Accountants and Auditors).

, there were 64,574 members and 91,379 students/affiliates in Western Europe, UK and Ireland, as well as 3,279 members and 17,273 students/affiliates in Central/Eastern Europe respectively.

United States

, there was no mutual recognition between ACCA and AICPA/NASBA

National Association of State Boards of Accountancy

The National Association of State Boards of Accountancy is an umbrella group for the 55 state boards that regulate the accountancy profession in the United States of America....

, but a MRA was under negotiation. However, it has effectively been put on hold pending a decision by the UK regulatory body, the Professional Oversight Board

Professional Oversight Board

. It should also be noted that even if ACCA gained statutory recognition, it would still be up to the individual states to grant reciprocity within their state.

Effective December 2009, Colorado State Board of Accountancy no longer accepts Chartered Accountants, including ACCA members, as meeting the educational requirements to sit for the US Uniform Certified Public Accountant Examination
Uniform Certified Public Accountant Examination
The Uniform Certified Public Accountant Examination is the examination administered to people who wish to become Certified Public Accountants in the United States....

.

There are currently around 2,900 members and students in the US.

In AICPA International FAQs section, the designation from the ACCA is not generally recognized by the states in the U.S., so ACCA members are required to complete all of the regular requirements to become a U.S. Certified Public Accountant (CPA). Information on becoming a CPA in the U.S.

Moreover, only full member of any one of Global Accounting Alliance (GAA) is eligible to join AICPA International Associate. CIMA member will be eligible to join AICPA International Associate Member once the new strategic alliance is approved by the respective governing councils.

ACCA failed to gain recognition in America whereas HKICPA signed Mutual Recognition Agreement with AICPA.
The mutual recognition agreement was signed between the Hong Kong Institute of Certified Public Accountants and the U.S. International Qualifications Appraisal Board representing the National Association of State Boards of Accountancy and the American Institute of Certified Public Accountants. The agreement covers the period from 24 October 2011 to 23 October 2016.
http://www.hkicpa.org.hk/en/

Canada

ACCA announced a Mutual Recognition Agreement with CGA Canada
Certified General Accountant
Certified General Accountant is the designation of professionals who are jointly members of the Certified General Accountants Association of Canada and a provincial or territorial CGA association, or a CGA association overseas...

effective from 1 January 2007., Canadian Institute of Chartered Accountants
Canadian Institute of Chartered Accountants
The Canadian Institute of Chartered Accountants was incorporated by a Private Act of the Canadian Parliament in 1902. This Act, now known as the Canadian Institute of Chartered Accountants Act, was last amended in 1990 to reflect the CICA’s current mandate and powers.Working in collaboration with...

, World Education Services
World Education Services
World Education Services is a nonprofit organization that provides credential evaluations for international students and immigrants planning to continue their studies or work in the U.S. and Canada...

and the Odette School of Business at the University of Windsor
University of Windsor
The University of Windsor is a public comprehensive and research university in Windsor, Ontario, Canada. It is Canada's southernmost university. It has a student population of approximately 15,000 full-time and part-time undergraduate students and over 1000 graduate students...

indicated that the evaluation recognized ACCA as having the Canadian equivalence of a Bachelor's Degree (four years) in Accounting.
The Canadian branch of ACCA is pursuing recognition for statutory audit purposes in the province of Ontario
Ontario
Ontario is a province of Canada, located in east-central Canada. It is Canada's most populous province and second largest in total area. It is home to the nation's most populous city, Toronto, and the nation's capital, Ottawa....

under the province's Public Accounting Act of 2004

Since Canadian Institute of Chartered Accountants (CICA) and Certified Management Accountants in Canada (CMA Canada) has just announced to create a new joint qualification “Chartered Professional Accountant or CPA Designation”, whether the effect of this new Chartered designation will impinge on ACCA's application for recognition in Ontario is still uncertain at the moment.

There is a drive for consolidation of accounting profession in Canada incorporating CICA, CMA Canada and CGA. The proposal is to use “Chartered Professional Accountant” or CPA across the board. However a 10 years transitional period for tagging is mandatory where CGA members must use CPA-CGA designation instead of just CPA designation. For that reason, CGA withdrew from the negotiation process. If all accounting institutes in Canada merged altogether to form a new Chartered Professional Accountants institute, then ACCA may be compelled to bail out from North America.

, ACCA had 1,100 members and over 400 students in Canada, the largest concentration of which live in Ontario.

Australia

ACCA has one office in Sydney, and holds its exams in major cities in Australia, including Sydney, Melbourne, Perth, Adelaide and Brisbane.

The Institute of Chartered Accountants in Australia, CPA Australia
CPA Australia
CPA Australia is one of three professional accounting bodies in Australia, the others being the Institute of Public Accountants and the Institute of Chartered Accountants of Australia....

and Institute of Public Accountants recognised the ACCA qualification as sufficient to obtain a skill assessment as an Accountant for the purposes of migration
Migration
Migration, Migratory behavior, or Migratory may refer* Gene migration, a process in evolution and population genetics* Animal migration, the travelling of long distances in search of a new habitat...

to Australia.

The Tax Practitioners Board has accredited ACCA as a recognised tax agent association and as a recognised BAS
BAS
BAS may stand for:Most commonly:* BAS Business Accounting System A norwegian ERP program written by BAS Datasystemer as in the 1980's and exported to USA in 1985* BASIC programming language Societies:* Bangladesh Academy of Sciences...

agent association on 12 May 2010.

Subject to passing exams in Australian tax and law, ACCA members may obtain the professional National Accountant (PNA) designation from the National Institute of Accountants
National Institute of Accountants
The Institute of Public Accountants is one of the three legally recognised professional bodies for accountants in Australia. The IPA represents more than 22,000 members and students working in industry, commerce, government, academia and private practice.From the 2nd of May 2011, the organisation...

, On the same basis, ACCA members can obtain direct entry to the CA Program of the ICAA.

ACCA has not procured a mutual recognition agreement with any accountancy body in Australia whereas both CIPFA & CIMA
Chartered Institute of Management Accountants
The Chartered Institute of Management Accountants is a United Kingdom-based professional body offering training and qualification in management accountancy and related subjects, focused on accounting for business; together with ongoing support for members.CIMA is one of a number of professional...

are recognized in Australia via MRA with CPA Australia.

New Zealand

ACCA has one representative in Auckland and holds its exams there.

New Zealand Institute of Chartered Accountants

The New Zealand Institute of Chartered Accountants is the operating name for the Institute of Chartered Accountants of New Zealand. The Institute represents over 32,000 members in New Zealand and overseas...

has removed its exemptions altogether for ACCA members following the re-negotiation of mutual recognition agreement with various accounting bodies including CIPFA and CPA Australia in December 2010.

Caribbean, Central & South America

The ACCA is an affiliate of the Institute of Chartered Accountants of the Caribbean

Institute of Chartered Accountants of the Caribbean

The Institute of Chartered Accountants of the Caribbean is an association of accounting organizations in the Caribbean region that promotes professionalism and standards of best practice in the region.-Purpose:...

.
The ACCA qualification is legally recognized by the national accounting institutes with the joint scheme relationships in:

Barbados
Barbados
Barbados is an island country in the Lesser Antilles. It is in length and as much as in width, amounting to . It is situated in the western area of the North Atlantic and 100 kilometres east of the Windward Islands and the Caribbean Sea; therein, it is about east of the islands of Saint...

(Institute of Chartered Accountants of Barbados
Institute of Chartered Accountants of Barbados
The Institute of Chartered Accountants of Barbados is a professional accountancy body in Barbados. It is the sole organisation in Barbados with the right to award the Chartered Accountant designation....

);
Bahamas (Bahamas Institute of Chartered Accountants
Bahamas Institute of Chartered Accountants
The Bahamas Institute of Chartered Accountants is a professional body that regulates the accountancy industry in the Bahamas.In theory anyone approved by the relevant government ministry can act as an independent auditor, but in practice, all auditors are members of BICA.-History:BICA was formed...

);
Belize
Belize
Belize is a constitutional monarchy and the northernmost country in Central America. Belize has a diverse society, comprising many cultures and languages. Even though Kriol and Spanish are spoken among the population, Belize is the only country in Central America where English is the official...

(Institute of Chartered Accountants of Belize
Institute of Chartered Accountants of Belize
Institute of Chartered Accountants of Belize is a professional accountancy body in Belize. It is the sole organization in Belize with the right to award the Chartered Accountant designation....

);
Dominica
Dominica
Dominica , officially the Commonwealth of Dominica, is an island nation in the Lesser Antilles region of the Caribbean Sea, south-southeast of Guadeloupe and northwest of Martinique. Its size is and the highest point in the country is Morne Diablotins, which has an elevation of . The Commonwealth...

(Recognized by Companies Act 1994 in the Commonwealth of Dominica);
Guyana
Guyana
Guyana , officially the Co-operative Republic of Guyana, previously the colony of British Guiana, is a sovereign state on the northern coast of South America that is culturally part of the Anglophone Caribbean. Guyana was a former colony of the Dutch and of the British...

(Institute of Chartered Accountants of Guyana
Institute of Chartered Accountants of Guyana
The Institute of Chartered Accountants of Guyana is a professional body in Guyana that regulates the accountancy industry and arranges for ongoing training of its members.-History:...

);
Jamaica
Jamaica
Jamaica is an island nation of the Greater Antilles, in length, up to in width and 10,990 square kilometres in area. It is situated in the Caribbean Sea, about south of Cuba, and west of Hispaniola, the island harbouring the nation-states Haiti and the Dominican Republic...

(Institute of Chartered Accountants of Jamaica
Institute of Chartered Accountants of Jamaica
The Institute of Chartered Accountants of Jamaica is a professional accountancy body in Jamaica. It is the sole organisation in Jamaica with the right to award the Chartered Accountant designation.-History:...

);
Trinidad and Tobago
Trinidad and Tobago
Trinidad and Tobago officially the Republic of Trinidad and Tobago is an archipelagic state in the southern Caribbean, lying just off the coast of northeastern Venezuela and south of Grenada in the Lesser Antilles...

(Institute of Chartered Accountants of Trinidad and Tobago
Institute of Chartered Accountants of Trinidad and Tobago
The Institute of Chartered Accountants of Trinidad and Tobago is a professional accountancy body in Trinidad and Tobago. It is the sole organization in Trinidad and Tobago with the right to award the Chartered Accountant designation....

);
Saint Lucia
Saint Lucia
Saint Lucia is an island country in the eastern Caribbean Sea on the boundary with the Atlantic Ocean. Part of the Lesser Antilles, it is located north/northeast of the island of Saint Vincent, northwest of Barbados and south of Martinique. It covers a land area of 620 km2 and has an...

(Institute of Chartered Accountants of Saint Lucia);

The ACCA qualification is legally recognized in the French Guiana

French Guiana

French Guiana is an overseas region of France, consisting of a single overseas department located on the northern Atlantic coast of South America. It has borders with two nations, Brazil to the east and south, and Suriname to the west...

(Part of France

France

The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

and hence subject to European Union

European Union

The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...

regulations).

South Africa

The ACCA Professional Scheme has been registered at Level 8 (equivalent to master degree level).

ACCA hasn’t procured mutual recognition agreement with any accountancy body in South Africa while Institute of Chartered Accountants in England and Wales, ICA in Scotland, ICA in Ireland have MRA with South African Institute of Chartered Accountants.

Zimbabwe

ACCA Zimbabwe is one of the constituent bodies of the Public Accountants and Auditors Board (PAAB). The PAAB is a statutory body established in 1996, to oversee the regulation of the profession and maintain a register of persons entitled to work or practise as public accountants or public auditors in Zimbabwe
Zimbabwe
Zimbabwe is a landlocked country located in the southern part of the African continent, between the Zambezi and Limpopo rivers. It is bordered by South Africa to the south, Botswana to the southwest, Zambia and a tip of Namibia to the northwest and Mozambique to the east. Zimbabwe has three...

. Only members in good standing of ACCA and Institute of Chartered Accountants of Zimbabwe
Institute of Chartered Accountants of Zimbabwe
The Institute of Chartered Accountants of Zimbabwe is a professional accountancy body in Zimbabwe. It is the sole organization in Zimbabwe with the right to award the Chartered Accountant designation....

as well as Chartered Secretary (ICSA) or CIMA
Chartered Institute of Management Accountants
The Chartered Institute of Management Accountants is a United Kingdom-based professional body offering training and qualification in management accountancy and related subjects, focused on accounting for business; together with ongoing support for members.CIMA is one of a number of professional...

members can register as auditors.

Others

The ACCA qualification currently is legally recognized by the national accounting institutes with the joint scheme relationships in:
- Ghana
  Ghana
  Ghana , officially the Republic of Ghana, is a country located in West Africa. It is bordered by Côte d'Ivoire to the west, Burkina Faso to the north, Togo to the east, and the Gulf of Guinea to the south...
  
  (Institute of Chartered Accountants of Ghana
  Institute of Chartered Accountants of Ghana
  The Institute of Chartered Accountants of Ghana is a professional accountancy organisation in Ghana. It is the sole such organisation in Ghana with the right to award the Chartered Accountant designation, and with the right to regulate the accountancy profession in Ghana. The Institute of...
  
  );
- Botswana
  Botswana
  Botswana, officially the Republic of Botswana , is a landlocked country located in Southern Africa. The citizens are referred to as "Batswana" . Formerly the British protectorate of Bechuanaland, Botswana adopted its new name after becoming independent within the Commonwealth on 30 September 1966...
  
  (Botswana Institute of Accountants);
- Egypt
  Egypt
  Egypt , officially the Arab Republic of Egypt, Arabic: , is a country mainly in North Africa, with the Sinai Peninsula forming a land bridge in Southwest Asia. Egypt is thus a transcontinental country, and a major power in Africa, the Mediterranean Basin, the Middle East and the Muslim world...
  
  (The Egyptian Society of Accountants & Auditors);
- Ethiopia
  Ethiopia
  Ethiopia , officially known as the Federal Democratic Republic of Ethiopia, is a country located in the Horn of Africa. It is the second-most populous nation in Africa, with over 82 million inhabitants, and the tenth-largest by area, occupying 1,100,000 km2...
  
  (The Ethiopian Professional Association of Accountants and Auditors);
- Lesotho
  Lesotho
  Lesotho , officially the Kingdom of Lesotho, is a landlocked country and enclave, surrounded by the Republic of South Africa. It is just over in size with a population of approximately 2,067,000. Its capital and largest city is Maseru. Lesotho is a member of the Commonwealth of Nations. The name...
  
  (Lesotho Institute of Accountants);
- Malawi
  Malawi
  The Republic of Malawi is a landlocked country in southeast Africa that was formerly known as Nyasaland. It is bordered by Zambia to the northwest, Tanzania to the northeast, and Mozambique on the east, south and west. The country is separated from Tanzania and Mozambique by Lake Malawi. Its size...
  
  (The Society of Accountants in Malawi);
- Mauritius
  Mauritius
  Mauritius , officially the Republic of Mauritius is an island nation off the southeast coast of the African continent in the southwest Indian Ocean, about east of Madagascar...
  
  (The National Equivalence Council of Mauritius);
- Nigeria
  Nigeria
  Nigeria , officially the Federal Republic of Nigeria, is a federal constitutional republic comprising 36 states and its Federal Capital Territory, Abuja. The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east, and Niger in...
  
  (Institute of Chartered Accountants of Nigeria
  Institute of Chartered Accountants of Nigeria
  The Institute of Chartered Accountants of Nigeria is a professional accountancy body in Nigeria.It is one of the two professional accountancy associations with regulatory authority in Nigeria, the other being the Association of National Accountants of Nigeria .The relationship between the two...
  
  );
- Sierra Leone
  Sierra Leone
  Sierra Leone , officially the Republic of Sierra Leone, is a country in West Africa. It is bordered by Guinea to the north and east, Liberia to the southeast, and the Atlantic Ocean to the west and southwest. Sierra Leone covers a total area of and has an estimated population between 5.4 and 6.4...
  
  (Institute of Chartered Accountants of Sierra Leone
  Institute of Chartered Accountants of Sierra Leone
  The Institute of Chartered Accountants of Sierra Leone is a professional accountancy body in Sierra Leone. It is the sole organization in Sierra Leone with the right to award the Chartered Accountant designation....
  
  );
- Swaziland
  Swaziland
  Swaziland, officially the Kingdom of Swaziland , and sometimes called Ngwane or Swatini, is a landlocked country in Southern Africa, bordered to the north, south and west by South Africa, and to the east by Mozambique...
  
  (Swaziland Institute of Accountants);
- Zambia
  Zambia
  Zambia , officially the Republic of Zambia, is a landlocked country in Southern Africa. The neighbouring countries are the Democratic Republic of the Congo to the north, Tanzania to the north-east, Malawi to the east, Mozambique, Zimbabwe, Botswana and Namibia to the south, and Angola to the west....
  
  (Zambia Institute of Chartered Accountants
  Zambia Institute of Chartered Accountants
  Zambia Institute of Chartered Accountants is the only professional accountancy body in Zambia. It is the sole organization in Zambia with the right to award the Chartered Accountant designation...
  
  );
- Tanzania
  Tanzania
  The United Republic of Tanzania is a country in East Africa bordered by Kenya and Uganda to the north, Rwanda, Burundi, and the Democratic Republic of the Congo to the west, and Zambia, Malawi, and Mozambique to the south. The country's eastern borders lie on the Indian Ocean.Tanzania is a state...
  
  (National Board of Accountants and Auditors).

Hong Kong SAR

A new Agreement of Recognition Arrangement (ARA) between ACCA and HKICPA (Local statutory accountancy body) was put in place on 22 August 2006, backdated to 1 July 2005.

This replaced the old Mutual Recognition Agreement (MRA) that was terminated by HKICPA on 30 June 2005. It was a disaster for ACCA members when they had to go through so called "8 unfair terms" e.g.holding a degree recognized by HKICPA (ACCA degree offered by OUB was failed in the test), worked under HKICPA authorized employers, attend workshop, passed Final Professional Examination (FPE) etc.

On the contrary, HKICPA members could join in ACCA without any further requirement.

However, ACCA qualification is highly recognized by the Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

employment market due to international and historical influences. Most HKICPA members qualified through HKSA-ACCA joint scheme which was operated for more than 20 years. HKSA (Hong Kong Society of Accountants) was the old name of HKICPA.

, there were 16,609 members in Hong Kong SAR.

Macau SAR

The ACCA currently is legally recognized with the joint scheme relationships by Macau Society of Certified Practising Accountants (Local statutory accountancy body) in Macau
Macau
Macau , also spelled Macao , is, along with Hong Kong, one of the two special administrative regions of the People's Republic of China...

.

Singapore

ACCA and national accountancy body, Institute of Certified Public Accountants of Singapore (ICPAS), have operated a Joint Scheme of Examinations since 1983. The Joint Scheme is based on ACCA's examinations and allows students to sit papers in Singapore law and tax. All students who successfully complete the Joint Scheme examinations satisfy the examination requirements of both ACCA and ICPAS and are eligible to apply for membership of both bodies. ACCA's student numbers in Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...

for the Joint Scheme have topped 11,000.
A blog has been set up to assist those preparing for the Singapore variant law paper.
Singapore government recognizes ACCA qualification to meet her migration skills assessment to immigrate in Singapore.

, there were 5,161 members in Singapore.

Taiwan

According to the rules 6(iii) & 9 of accountancy examiniation published by Taiwan
Taiwan
Taiwan , also known, especially in the past, as Formosa , is the largest island of the same-named island group of East Asia in the western Pacific Ocean and located off the southeastern coast of mainland China. The island forms over 99% of the current territory of the Republic of China following...

government, ACCA members are entitled to obtain advanced standing in the examinations to become a Certified Public Accountant
Certified Public Accountant
Certified Public Accountant is the statutory title of qualified accountants in the United States who have passed the Uniform Certified Public Accountant Examination and have met additional state education and experience requirements for certification as a CPA...

in Taiwan.

Malaysia

On the 13th August 2007 ACCA and the Malaysian Institute of Certified Public Accountants (MICPA) signed a mutual recognition agreement (MRA), providing a route for members of both accountancy bodies to join the other body and to enjoy the benefits which both respected designations have to offer.

The ACCA or Chartered Certified Accountant qualification currently is recognized by the Malaysian Institute of Accountants
Malaysian Institute of Accountants
The Malaysian Institute of Accountants is a statutory body responsible to regulate the accountancy profession in Malaysia. It is the sole organisation in Malaysia with the right to determine whether or not a person is qualified to be recognised as an accountant by virtue of the power provided by...

(MIA). Only MIA members will be considered as accountants in Malaysia under the Accountants Act, 1967.

ACCA is statutorily recognised in Part II of the First Schedule of the Accountants Act, 1967.

, there were 7,417 members in Malaysia.

Pakistan

The ACCA qualification is legally recognised as Qualified Company Secretary in Pakistan
Pakistan
Pakistan , officially the Islamic Republic of Pakistan is a sovereign state in South Asia. It has a coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by Afghanistan and Iran in the west, India in the east and China in the far northeast. In the north, Tajikistan...

, and there is partial recognition between ACCA and the local statutory accounting body (Institute of Chartered Accountants of Pakistan
Institute of Chartered Accountants of Pakistan
The Institute of Chartered Accountants of Pakistan is a professional accountancy body in Pakistan. , it had 5,078 members working in and outside Pakistan. The institute was established on July 1, 1961 to regulate the profession of accountancy in Pakistan. It is a statutory autonomous body...

).

ACCA in Pakistan has seen tremendous growth during the last five years with thousands of students enrolling every year into ACCA programs. Various local colleges and universities are also now offering ACCA programs in all major cities of the country.

Higher Education Commission (HEC) of Pakistan recognise ACCA member as equal to Masters in Commerce (M.Com)
Also ICAP
ICAP
ICAP may stand for:* Institute of Chartered Accountants of Pakistan* International Center for AIDS Care and Treatment Programs - ICAP* International Computational Accelerator Physics Conference* Internet Content Adaptation Protocol...

awards exemption to ACCA affiliates. ICAP reduced the exemptions to ACCA affiliates/members. Previously, ACCA affiliates or members were given exemptions up to Module D. Now ACCA affiliates/members can get maximum of seven exemptions.

Others

The ACCA currently is legally recognized by the national accounting institutes with the joint scheme relationships in:
- Vietnam
  Vietnam
  Vietnam – sometimes spelled Viet Nam , officially the Socialist Republic of Vietnam – is the easternmost country on the Indochina Peninsula in Southeast Asia. It is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea –...
  
  (The Ministry of Finance of the Socialist Republic of Vietnam);
- Brunei
  Brunei
  Brunei , officially the State of Brunei Darussalam or the Nation of Brunei, the Abode of Peace , is a sovereign state located on the north coast of the island of Borneo, in Southeast Asia...
  
  (Brunei Institute of Certified Public Accountants);
- Cambodia
  Cambodia
  Cambodia , officially known as the Kingdom of Cambodia, is a country located in the southern portion of the Indochina Peninsula in Southeast Asia...
  
  (The Ministry of Economy and Finance Kampuchea Institute of Certified Public Accountants and Auditors);
- Laos
  Laos
  Laos Lao: ສາທາລະນະລັດ ປະຊາທິປະໄຕ ປະຊາຊົນລາວ Sathalanalat Paxathipatai Paxaxon Lao, officially the Lao People's Democratic Republic, is a landlocked country in Southeast Asia, bordered by Burma and China to the northwest, Vietnam to the east, Cambodia to the south and Thailand to the west...
  
  (The Ministry of Finance of the Lao People's Democratic Republic).
- Bangladesh
  Bangladesh
  Bangladesh , officially the People's Republic of Bangladesh is a sovereign state located in South Asia. It is bordered by India on all sides except for a small border with Burma to the far southeast and by the Bay of Bengal to the south...
  
  (The Institute of Cost and Management Accountants of Bangladesh)
- The United States Uniform CPA Examination will be offered outside the 55 U.S. jurisdictions for the first time in its history in 2011. The CPA Examination next year will be offered in Japan, Bahrain, Kuwait, Lebanon and the United Arab Emirates in direct competition with ACCA Middle East branches.
- AICPA has formed a strategic alliance with CIMA to offer a new global accounting designation. This comes out as a result of the launch of Uniform CPA examinations worldwide. AICPA has changed its path moving away from a national based institute offering qualification for CPAs in public practice into an international accounting institute covering both CPAs in public practice and management accountant in conglomerates (something like ACCA does for decades).

Professional Partners

Through a range of partnerships with professional institutions, ACCA offers students and members access to other related professionals.
- The full members of ACCA are one of two professional bodies' members (Another is the charterholders of Chartered Financial Analyst
  Chartered Financial Analyst
  The Chartered Financial Analyst Program is a graduate level self-study program offered by the CFA Institute to investment and financial professionals...
  
  (CFA)) to be recognized by UK's Securities & Investment Institute (SII) as the equivalent level of SII full membership (MSI). Full membership of SII is recognized by several national investment professional bodies such as in Australia
  Australia
  Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
  
  (Financial Services Institute of Australasia (Finsia), formerly the Australian Institute of Banking and Finance) and Hong Kong Securities Institute (HKSI).
- ACCA and Financial Services Institute of Australasia (FINSIA
  FINSIA
  is a membership association for financial services professionals in Australia and New Zealand. Finsia was formed in 2005 by the the Australasian Institute of Banking and Finance , founded 1886 and the Securities Institute of Australia , founded 1966...
  
  ), formerly the Australian Institute of Banking and Finance) have signed a global partnership agreement. Under the agreement, students and members of ACCA may obtain advanced standing in the Institute examinations.
- ACCA and the Institute of Internal Auditors
  Institute of Internal Auditors
  Established in 1941, The Institute of Internal Auditors is a guidance-setting body. Serving members in 165 countries, The IIA is the internal audit profession's global voice, chief advocate, recognized authority, and principal educator, with global headquarters in Altamonte Springs, Fla., United...
  
  (IIA) have signed a global partnership agreement. Under the agreement, the two organisations will co-operate, collaborate and share resources across their global networks of offices and affiliate bodies.
- ACCA and the Chartered Institute of Taxation (CIOT) have signed a global partnership agreement to enable ACCA’s members worldwide to take the CIOT’s Advanced Diploma in International Taxation (ADIT).
- ACCA members may access an accelerated route to Associate membership of the UK Association of Corporate Treasurers
  Association of Corporate Treasurers
  The Association of Corporate Treasurers is the only British professional body specialising in the profession of corporate treasury. Founded in 1979, it is both an examining body, providing a wide range of qualifications for those working in treasury, risk and corporate finance, and a membership...
  
  (CAT).
- ACCA and Investors in People
  Investors in People
  Launched in 1991 Investors in People is a business improvement tool administered by UK Commission for Employment and Skills and supported by the Department for Business, Innovation and Skills ....
  
  (IIP) have signed an agreement that will enable IIP recognised organisations in the UK and Ireland to apply directly for the award of ACCA Approved Employer (professional developments stream), that means ACCA members working in IIP recognised organisations will benefit from the recognition of the work-related learning they obtain and will be able to take advantage of simplified CPD reporting.
- Institute of Directors
  Institute of Directors
  The Institute of Directors is a UK-based organisation, established in 1903 and incorporated by royal charter in 1906 to support, represent and set standards for company directors...
  
  (IoD) and ACCA are working on a number of initiatives to promote an agenda of good governance and high standards in learning and development. From 2007, ACCA members seeking to enhance their skills and improve the performance of their organisation will be able to undertake the Chartered Director qualification – a professional qualification for directors.
- Institute of Management Accountants
  Institute of Management Accountants
  Institute of Management Accountants is a professional organization headquartered in Montvale, New Jersey more than 60,000 professionals worldwide...
  
  (IMA) in United States
  United States
  The United States of America is a federal constitutional republic comprising fifty states and a federal district...
  
  has agreed that Chartered Certified Accountant
  Chartered Certified Accountant
  Chartered Certified Accountant was historically seen as a British qualified accountant designation awarded by the Association of Chartered Certified Accountants . However, although ACCA is UK based, it is a global body for professional accountants with 147,000 qualified members and 424,000...
  
  s (ACCA) only have to pass four-papers final examination to get the Certified Management Accountant
  Certified Management Accountant
  The title Certified Management Accountant is used by various professional bodies around the world to designate their different professional certifications....
  
  (CMA) designation. This is not based on a specific agreement but is the result of IMA's policy and similar accreditation is given to many other IFAC bodies, as well as to others with the equivalent of a U.S. bachelors degree (any discipline).

University Links

Through a range of partnerships with several universities, ACCA offers students and members access to graduate and postgraduate level accountancy
Accountancy
Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in...

education.
- The relationship between ACCA and the UK's Oxford Brookes University
  Oxford Brookes University
  Oxford Brookes University is a new university in Oxford, England. It was named to honour the school's founding principal, John Brookes. It has been ranked as the best new university by the Sunday Times University Guide 10 years in a row...
  
  , has offered ACCA students and members to the Oxford Brookes BSc
  BSC
  BSC is a three-letter abbreviation that may refer to:Science and technology* Bachelor of Science , an undergraduate degree* Base Station Controller, part of a mobile phone network; see: Base Station subsystem...
  
  (Honours) in Applied Accounting, and the online supported MBA.
- According to the agreements between ACCA and Tsinghua University
  Tsinghua University
  Tsinghua University , colloquially known in Chinese as Qinghua, is a university in Beijing, China. The school is one of the nine universities of the C9 League. It was established in 1911 under the name "Tsinghua Xuetang" or "Tsinghua College" and was renamed the "Tsinghua School" one year later...
  
  in Beijing
  Beijing
  Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...
  
  (China
  China
  Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
  
  ), Tsinghua will recognise the Oxford Brookes University
  Oxford Brookes University
  Oxford Brookes University is a new university in Oxford, England. It was named to honour the school's founding principal, John Brookes. It has been ranked as the best new university by the Sunday Times University Guide 10 years in a row...
  
  BSc(Hons) Applied Accounting degree stated as the above, and will accept the graduates from this BSc(Hons) degree program to further study Tsinghua's master degree programs.
- ACCA and the School of Oriental and African Studies
  School of Oriental and African Studies
  The School of Oriental and African Studies is a public research university located in London, United Kingdom and a constituent college of the University of London...
  
  (SOAS) at the University of London
  University of London
  -20th century:Shortly after 6 Burlington Gardens was vacated, the University went through a period of rapid expansion. Bedford College, Royal Holloway and the London School of Economics all joined in 1900, Regent's Park College, which had affiliated in 1841 became an official divinity school of the...
  
  have signed a global partnership agreement to enable ACCA’s members and affiliates worldwide to take the SOAS's Postgraduate Diploma in Public Financial Management.
- ACCA has signed the agreement with the University of Cambridge ESOL examination
  University of Cambridge ESOL examination
  University of Cambridge ESOL Examinations is a non-profit assessment organization that provides examinations in English language ability for non-native speakers of English and English teaching qualifications.- Overview :...
  
  s (English for Speakers of Other Languages) to result in the launch of the International Certificate in Financial English (Cambridge ICFE), a new financial English exam.
- Together with the Said Business School
  Saïd Business School
  Saïd Business School is the business school of the University of Oxford in England, located on the north side of Frideswide Square on the former site of Oxford Rewley Road railway station. It is the University's centre of learning for graduate and undergraduate students in business, management...
  
  , at the University of Oxford
  University of Oxford
  The University of Oxford is a university located in Oxford, United Kingdom. It is the second-oldest surviving university in the world and the oldest in the English-speaking world. Although its exact date of foundation is unclear, there is evidence of teaching as far back as 1096...
  
  , ACCA offers the Diploma in Financial Strategy, a Masters-level course that provides the essential elements of an MBA for qualified accountants, and is designed to extend knowledge and develop senior management skills.
- ACCA and Edinburgh Business School
  Edinburgh Business School
  Edinburgh Business School is the Graduate School of Business of Heriot-Watt University , Edinburgh, Scotland. Heriot-Watt University is the eighth oldest higher educational institution in the UK, and awards degrees by Royal Charter...
  
  at Heriot-Watt University
  Heriot-Watt University
  Heriot-Watt University is a university based in Edinburgh, Scotland. The name commemorates George Heriot, the 16th century financier to King James, and James Watt, the great 18th century inventor and engineer....
  
  have signed a joint agreement to enable ACCA Part 3 students, affiliates and members to gain a fast track entry through free-of-charge credit transfer and exemption when they matriculate for the MSc in Financial Management by distance learning or face-to-face study at a global network of centres.
- ACCA partners Exeter University to offer members postgraduate qualifications in leadership (MA degree in leadership).
- Through a range of recognitions by many universities in this world including UK, Hong Kong
  Hong Kong
  Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
  
  and Universitas 21 Global
  Universitas 21 Global
  Universitas 21 Global is a Singapore-based Online Graduate School owned by Universitas 21 and Manipal Universal Learning International...
  
  , there are the accelerated routes for ACCA members to their master degree programmes.

Representation worldwide

ACCA is represented on many committees and bodies around the world.
- ASEAN Federation of Accountants (AFA)
- Confederation of Asia Pacific Accountants (CAPA)
- Consultative Committee of Accountancy Bodies
  Consultative Committee of Accountancy Bodies
  The Consultative Committee of Accountancy Bodies is an umbrella group for the chartered professional bodies of British qualified accountants.The CCAB was formed in 1974 and has six members:* Association of Chartered Certified Accountants...
  
  (CCAB)
- Eastern, Central and Southern African Federation of Accountants (ECSAFA)

- European Financial Reporting Advisory Group
- Fédération des Experts Comptables Européens (FEE)
- Fédération des Experts Comptables Méditerranéens (FCM)
- Global Reporting Initiative
  Global Reporting Initiative
  The Global Reporting Initiative produces one of the world's most prevalent standards for sustainability reporting - also known as ecological footprint reporting, Environmental Social Governance reporting, Triple Bottom Line reporting, Corporate Social Responsibility reporting...
  
  (GRI)
- IFAC
  IFAC
  IFAC may refer to:* International Fine Arts College* International Federation of Accountants* International Federation of Automatic Control* Irvine Fine Arts Center* Irish Farm Accounts Cooperative...
- Institute of Chartered Accountants of the Caribbean (ICAC)
- Inter-American Accounting Association (IAA)
- South Eastern European Partnership on Accountancy Development (SEEPAD)

External links

ACCA official website
Key Facts and Trends in the UK Accountancy Profession, annual publication by the Professional Oversight Board
Professional Oversight Board
The Professional Oversight Board is a UK regulatory body specializing in the accounting, auditing and actuarial professions. It is a part of the Financial Reporting Council , the independent regulator of corporate governance and reporting in the UK.-Functions:The Board's state d purpose is to...

The source of this article is wikipedia, the free encyclopedia. The text of this article is licensed under the GFDL.

History

Chartered Certified Accountant (ACCA) - Professional Scheme

Certified Accounting Technician (CAT)

Other qualifications

ACCA Affiliate versus Members

Fellowship

Continuing Professional Development

United Kingdom and Republic of Ireland

European Union (EU), European Economic Area (EEA) & Switzerland

Turkey

Others

United States

Canada

Australia

New Zealand

Caribbean, Central & South America

South Africa

Zimbabwe

Others

Hong Kong SAR

Macau SAR

Singapore

Taiwan

Malaysia

Pakistan

Others

Professional Partners

University Links

Representation worldwide

See also

External links