ACCA has two levels, fundamentals and professional. AAT is a technical level qualification, while the ACCA qualifications are at the professional level. (4), Internal Audit (9), Accountancy & Finance It can take anywhere between 12 to 18 months to complete this qualification. Undergraduate Pathways (Level 4 and 5) Business, Undergraduate Pathways (Level 4 and 5) Computing, CMI Level 7 Qualifications in Strategic Management and Leadership Practice, Chartered Manager Status with Level 7 Diploma in Business Management, Level 7 Diploma in Business Management classroom block Teaching, International sustainability and corporate social responsibility (CSR), Managing International Business through co-operative strategies, Implementing Organisational Change Strategies, Reviewing Organisational Strategy Plans and Performance. Wed like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. Of employers think acca is a respected qualification. It is a thriving global community of 241,000 members and 542,000 future members based in 178 countries. But opting out of some of these cookies may affect your browsing experience. (5), Auditing Study when it's convenient to you, wherever you are. ACCA-qualified professionals are recognised worldwide, making it easier for them to acquire jobs with top accountancy firms and other organisations. For the best and most secure experience on this site we recommend you change your browser. (28), Port-of-Spain This cookie is set by GDPR Cookie Consent plugin. ACCA is a professional accounting qualification which leads you to become a Chartered Certified Accountant with full professional status. It also includes short courses which teach students bookkeeping skills. 179-191 Borough High Street, London SE1 1HR. It provides you with a powerful combination of qualifications, which can help you climb the career ladder quicker, open avenues to more career paths and give you a greater depth of finance and business knowledge. One credit equals very roughly around ten learning hours. (4), Junior Accountant Developing the next generation of business leaders in partnership with CIMA, The importance of integrated thinking for finance professionals, CIMA E3 exam tips from an experienced tutor, How to pass the ACCA Strategic Business Leader exam, Oxford Brookes BSc (Hons) in Applied Accounting, Introduction to Banking & Financial Services, Data & Technology apprenticeships timetables, Professional Accounting Taxation Technician Level 4, Accounting & Taxation Professional Level 7, Information Communications Technician Level 3, Senior Financial Services Customer Adviser Level 3, Senior Compliance Risk Specialist Level 6, https://www.osbornetraining.org/aat-qualification-faq, https://www.lsbf.org.uk/blog/online-learning/what-is-aat-and-what-their-levels-are-equivalent-to. (1), Tunapuna/Piarco Again, these exams are taken at one of four sittings a year. (1), Arima/Sangre Grande The ACCA Options* include four papers that build on knowledge learnt at the skills level. to become an accountant). This is why employers are often very keen to employ AAT students as the skills that they learn are directly linked to the needs of the company. (1), Education, Childcare & Training WebCourse Objective. These exams may be taken on demand. (5), Accountant/Finance Manager Attending university, while a great experience both personally and academically, can be very expensive. While ACCA is not a degree it self. In Pakistan HEC gives equivalency of Masters in Commerce degree once you become a member. Upon completion and passing the examination of Foundation in Business and Technology (FBT), Foundation in Management Accounting (FMA) and Foundation in Financial Accounting (FFA), a certificate of ACCA Diploma in Accounting and Business (RQF Level 4) will be awarded by ACCA Global. ACCA AAT Vs ACCA which accounting qualification should you Most people can complete this level in 12 to 18 months. (1), Cayman Islands Our capabilities go beyond HVAC ductwork fabrication, inquire about other specialty items you may need and we will be happy to try and accommodate your needs. The size goes upfrom the smallest an Award, to a Certificate to the largest, a Diploma. ACCA EQUIVALENT LEVELS TO CGA/CPA - Free ACCA It will take only 2 minutes to fill in. Plus the Foundations in Professionalism Module. View Programmes However, you may visit "Cookie Settings" to provide a controlled consent. If you have two A Levels and three GCSEs, in five separate subjects including English and Maths, you can start studying ACCA. Hearing about a novel and stringent qualification ACCA that could give me both an academic and a professional qualification, I decided to pursue it with the intension of gaining an added advantage over my peers with a dual qualification. AAT students pass first time in a Classroom. Great company and great staff. 179-191 Borough High Street, London SE1 1HR. Strategic Professional takes 12 to 18 months to complete, and once you've successfully passed you can apply to be a full member of ACCA. We have proven pass rates up to 100%* across multiple subjects and were the UKs largest accountancy training provider, with over 45,000 students training with us each year. Simply, if you are entering accountancy training with very limited accounting skills then it would make sense to pick up the AAT qualification first as it gives an unmatched introduction to the skills needed at a basic level. The (3), San Fernando Think of qualifications in a mathematical table or graph with size on one axis and level on the other. what their levels are equivalent to Entry level 3 is the most difficult. You will need to have passed AAT Foundation or you may be exempt from Foundation if you have relevant work experience, or A Levels. There are three papers introducing the core elements of accounting and laying out the basic knowledge needed for further study at higher levels. Tertiary education in Accounting Financial Management, of the financial reports Prepare month-end and year-end audit schedules What You Will Need, of professional exams Ask for feedback on own progress and applies it going forward Qualifications. Foundations begins at GCSE level and progresses up to the equivalent of the first year of a bachelor's degree. Do you want to be a chartered accountant? WebPractical Experience Requirement. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. ACCA In total, it takes around five years to become ACCA qualified. It is the final AAT level, teaching you (2), East Caribbean Adam Sibley, Kaplan ACCA Classroom student. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. What will the role of the CFO look like in the future? Study where you want, when you want, online. Special projects as requested. Registered in England and Wales. It covers the basic principles of accountancy, and is your starting point if youve never studied accountancy before. It leads to the status of being an accounting technician. It can be studied from the age of 16 and is used as an introductory qualification for young school leavers but also as a key tool for those joining the profession as part of a career change in later life. New Q2022 syllabus for AAT is launching in 2022. The QCF itself previously replaced the National Qualifications Framework.(NQF). What is an AAT qualification equivalent to? Study ACCA and get a degree at the same time - Association of (3), Accounting Associate ACCA Certificate in Audit (RQF Level 4) 5. WebOpen doors to opportunities all over the world the ACCA Qualification is respected globally, and will help you to open doors wherever your career path may take you. (3), Internal Audit & Risk As soon as you have completed the Applied Knowledge and Applied Skills exams, and the Ethics and Professional skills module, you may submit a Research and Analysis Project to Oxford Brookes University, which will be assessed by the University Business School staff. Analytical cookies are used to understand how visitors interact with the website. (2), Financial Controller The ACCA qualification leads towards full professional status and can be pursued after leaving school, given certain minimum qualifications are met or it is open access at mature entry. The professional exams (CIMA, ACCA, etc) are recognised as equivalent to a Masters Degree but are a specialised qualification in their own right - ie. AAT vs ACCA How to choose an accountancy qualification? You can start studying ACCA direct from school, given you have the appropriate qualifications. If you have a higher academic starting point, you may decide to go straight on to ACCA studies. I was lucky enough to become the graduate speaker at my regional graduation too. ACCA If you work in accounts or have studied accountancy before, you may be able to start at this level, instead of doing Foundation first. ACCA It has more levels than the RQF. "At Kaplan you get all the attention and help you need to succeed. By completing all six subjects in this Applied Skills, you'll gain the knowledge equivalent of a Bachelor's degree. ACCA designation is equivalent to a Bachelors degree. Scottish Credit and Qualifications Framework. So, we may see the qualifications as being complementary rather than in competition with each other. Applied Skills encourages you to develop a broad understanding of the role of accounting in business, and how to interpret financial information. (3), Guyana The Professional Diploma in Accountingis equivalent to an HNC level qualification, or the first year of a university degree. We provide training for all levels, and we offer four study methods to suit your lifestyle: OnDemand, Classroom, Live Online, and Distance Learning.