Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

An interesting ACA or ACCA option

  • 30-04-2012 9:00pm
    #1
    CORaven
    Registered Users, Registered Users 2 Posts: 1,144 ✭✭✭


    Hi, sorry to bother you with another ACCA or ACA choice, but I would like some other opinions on this.

    Currently I have exemptions for both ACCA and ACA as I have done both a degree and a masters.

    For ACA: CAP1
    For ACCA: F1 to F9


    I have a masters but I did not get the required for CAP2 exemptions (as one subject was just below the required 50% percent).
    I will be resitting this exam in a few weeks time to get these CAP2 exemptions, but there is that small nagging fear I will not make the 50% and as I am a risk averse person, it is getting to me.

    If I sign an ACA contract and God forbid, do not make the 50% I will have two years of exams to do. This is something I do not want to have to do.
    So can I do the one year of exams with ACCA?

    And, suppose I do the ACCA qualification and later in life I feel ACA would be more for me, is it easy to switch?

    Thank you for your time.


Comments

  • #2
    thefa
    Registered Users, Registered Users 2 Posts: 1,054 ✭✭✭thefa


    There is no one year of ACCA exams. If you are exempt from all the F papers, you will have to do P1-P3 and two of P4-P7. Can do between 1 and 4 exams per sitting and there is a sitting every June and December so you can do the 5 exams you'd be required in a year if you want. You'd have to complete 3 years of experience anyways so you'd be rushing yourself. Trainees doing chartered FAEs with the big 4 do them in their 2nd year from what I've heard.

    Why would you want to switch from ACCA to ACA later in life (presuming later in life means post-qualification)? I get the impression that that its more based on the old school thinking of ACA being superior than any practical reason.

    You need to stop stressing over the possibility of failing and think positive. Use the time to study and get used to passing 50% exams!


  • #3
    Mouth of the South
    Registered Users, Registered Users 2 Posts: 162 ✭✭Mouth of the South


    Which accountancy body you are qualified with doesn't amount to a hill of beans later on. I did ACA because of the old school thinking that it was somehow more prestigious but in reality it is not, that is just the spiel the ICAI give you.


  • #4
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,601 Mod ✭✭✭✭Jim2007


    Mouth of the South wrote: »
    Which accountancy body you are qualified with doesn't amount to a hill of beans later on. I did ACA because of the old school thinking that it was somehow more prestigious but in reality it is not, that is just the spiel the ICAI give you.

    Yes and No, For instance ICAI is the only one recognized to practice in the USA.. interesting enough none of sister organizations are... which might be a consideration for some people.

    I work in IT and I'm always surprised when on business in places like India, who many people recognize FCA on my business card, especially since most of the people I meet are non financial - "Oh you're a Chartered Accountant!"


Advertisement