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What are the benefits of royal chartered accountant ACA for employment?
The first category: For students who intend to go back to China to develop this field, it is suggested that after obtaining ICAEW, they can complete the remaining courses without taking two courses of CICPA, because it is very important for individuals to add domestic CICPA and internationally accepted certified ICAEW. Because now many accounting talents needed by multinational companies also need to know international accounting standards.
The second category: If you want to find a job in Britain, most students will first consider the well-known enterprises in the accounting industry, that is, the four major accounting firms. Generally speaking, the four major accounting firms in Britain have no requirements for your professional background. But there are minimum requirements for your high school (A-level) and college grades, otherwise you will not pass your resume. The minimum college education requires second-class education and first-class education. In addition, the top four job seekers in Britain have rich extracurricular activities, especially teamwork and leadership skills. Therefore, for some international students in China, it is suggested that they should strive to improve their abilities in these two aspects when they go to school. If you want to be a stronger competitor, students who have passed several ACCA exams or even won all of them will have an advantage. Generally speaking, after all the students who pass the ACCA exam are hired by the Big Four, the company will have a specific conversion procedure from ACCA to ACA. Some students studying in Britain may have taken several CPA exams in China before going abroad, and may feel that they may not need to enter the Fourth University of Britain. As a matter of fact, the "Big Four" in Britain have set up China projects in their main offices to serve those companies that have trade relations with China. In this way, those students who have passed CPA in China will have an advantage in competing for positions related to this project. In addition, ICAEW was entrusted by China Institute of Certified Public Accountants of CICPA to set up test sites in Europe, which shows that the cooperation between CICPA and ICAEW is extraordinary. Students who have failed several CICPA exams can also contact ICAEW in Europe to take the rest of the courses. Non-big four British companies will also write something like "... qualified or partially qualified accountants will be given priority", which shows that students who pass the accounting professional qualification certificate exam will have more competitive advantages in job hunting than fresh graduates who fail the exam.
Finally, if we consider the problem of immigrants from Canada and Australia, ACCA has a fatal flaw, that is, the global recognition of ACCA is not high, which can be reflected from the mutual recognition between ACCA Association and other national accounting associations. After a brief study, the Institute of Certified Public Accountants in Canada and Australia. There are two institutes of certified public accountants in Canada: CICA and CGA. The effect is that CICA is bigger than CGA. CICA and ICAEW(ACA) recognize each other, but ACCA does not. The other is Australia. Similarly, there are mainly ICAA (commonly known as CA) and CPA in Australia. The influence of ICAA-CA is greater than that of CPA in Australia, and only 65,438+03% of CPA members in Australia practice in the firm. ACCA and Australian CA can't climb up. Australia's CA ICAA only has mutual recognition agreement with ICAEW's ACA.
So if you want to immigrate, ACA is the first choice, whether in Britain or other Commonwealth countries.
I hope my answer can help you solve the problem. If you are satisfied, please adopt it as the best answer.
Thank you again for your question. More accounting questions are welcome to be submitted to enterprises in Gao Dun.
Gao Dun wishes you a happy life!
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