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CPA or ACCA route?

  • 26-10-2013 7:26pm
    #1
    seanin98
    Registered Users, Registered Users 2 Posts: 40 ✭


    Hi,

    I have 5 ACCA exemptions and 6 for CPA. I haven't done an exam in the ten years since I completed my degree and have been working in financial services for the past 3 years. I have been made aware than I can only go so far in my current role (which I quite like) without having a professional qualification. My employer is not bothered which route I take and there are both ACCA and CPA qualified senior managers within the company.

    Basically I want the quickest route possible but realise that there will sweat & tears no matter which course I choose. I am married with two small kids but recently retired from playing football at a pretty high level, so I think if I could channel the time saved here into study I should be ok.

    Has anybody got an opinion on what might work best for me?


Comments

  • #2
    jus_tin4
    Registered Users, Registered Users 2 Posts: 432 ✭✭jus_tin4


    From what you have said, I would say either would do in your currently situation. If, however, you were thinking of moving sectors or even countries, maybe look into their foreign agreements with different countries. I think acca is more more regarded than CPA but i could be wrong. Im doing aca, but this was the starting point for my research. Hope that helps in some way!


  • #3
    seanin98
    Registered Users, Registered Users 2 Posts: 40 ✭seanin98


    Thanks. Very unlikely I will emigrate but worth having a qualification that will give you the greatest options. ACCA sittings (Dec and June) seem to be swaying me in that direction as I would like to think you could completely switch off for a month in the summer, which I don't think would be the case if you had an August sitting with CPA.

    I will check this out on Tuesday but can anyone advise in the meantime? - 5 years ago in a previous job I registered for ACCA, paid for my exemptions etc but never sat the exams. My then employer subsequently deregistered me (or whatever the correct term is) and stopped paying my subscription. So my question is if I register again have I still got ten years to complete the exams.


  • #4
    smcgiff
    Closed Accounts Posts: 5,943 ✭✭✭smcgiff


    seanin98 wrote: »
    Thanks. Very unlikely I will emigrate but worth having a qualification that will give you the greatest options. ACCA sittings (Dec and June) seem to be swaying me in that direction as I would like to think you could completely switch off for a month in the summer, which I don't think would be the case if you had an August sitting with CPA.

    I will check this out on Tuesday but can anyone advise in the meantime? - 5 years ago in a previous job I registered for ACCA, paid for my exemptions etc but never sat the exams. My then employer subsequently deregistered me (or whatever the correct term is) and stopped paying my subscription. So my question is if I register again have I still got ten years to complete the exams.

    Unless they have changed the syllabus you'd only have 5 years to complete. Best ch3ck with ACCA first.


  • #5
    Maidhci
    Registered Users, Registered Users 2 Posts: 866 ✭✭✭Maidhci


    If being either CPA or ACCA qualified will serve you equally well, I would suggest that you seriously consider following the CPA route. You should have a look at the different websites and review the exam pass rates and also the past exam papers of both Institutes. From experience, I speak as an ACCA qualified accountant and would consider that exams are extremely difficult and the time commitment is massive. That was certainly the case some years ago when I was studying and from I understand, the situation has not changed a great deal. My advice therefore would be that if the objective is an accounting qualification to take the easiest possible route which will get you there faster and with less sweat and tears. Best of luck.


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