Tuesday, December 14, 2010

Is ACCA a 'Chartered Accountant"?

Is ACCA a 'Chartered Accountant"?
I have seen some answers referring to Privy council decision, but in their website / ACCA website, nowhere I found the clear statement about it. I am not expecting a ICAEW vs ACCA comparison, I just want to know Yes / No and a clear reference...as simple as that.
Other - Education - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
A Chartered Accountant is a member of the ICAEW (or the ICAS or ICAI). A chartered certified accountant is a member of the ACCA.
Answer 2 :
Simple answer: yes. There are three main bodies awarding bodies for accounting exams: ACA/ICAEW, ICAS and ACCA. All three have been awarded royal charters by the Privy Council, so graduates from any may refer to themselves as Chartered Accountants. Before this ruling, only ICAS members could refer to themselves as chartered accountants, while ACA/ICAEW graduates were Associate Chartered Accountants. One of the biggest disagreements that stopped the two merging was that ICAS members did not want ACA members to use the CA status.

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