Sunday, April 7, 2013

How to become a certified chartered accountant?

How to become a certified chartered accountant?
Am 22 yrs old. I have recently been graduated with BSc Computer Science degree and also been offered a place in King's College London, University of London to do my MSc Finance and Accounting. However, i was recently told by someone that i don't need MSc degree in Finance and Accounting to become a chartered accountant, but having MSc degree will help. Also how long does it take and what qualification do i need to become a chartered accountant. Thanks Everyone :)
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
The degree would give you exemption from the first three paper of the ACCA exams - there are fourteen papers in total. To be honest, if you haven't already got it, I wouldn't do the degree. It'll take you a lot longer to do that than to do the three paper it would excuse you from. Look at roughly three years to complete the ACCA (although obviously everyone is different). This answer is based on ACCA since you mentioned certified chartered accountant - if you wanted to do ACA you would need to be employed by a firm of accoutants who are recognised by the ICAEW (like PwC) but you have only a certain amount of time to complete and obviously can lose your job if you fail the exams.
Answer 2 :
Correct, you don't need an MSc in Finance and Accounting to become a chartered accountant. In fact you can even train to become a chartered accountant as a school leaver providing your A-level results are good. For more information visit the ICAEW (Institute of Chartered Accountants in England and Wales) website. The URL appears below.

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