What is the difference between an accountant and a chartered accountant?
Careers & Employment - 9 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I guess a chartered accountant has completed their professional qualifications.
Answer 2 :
charterd means you can do company accounts.
Answer 3 :
About GBP20,000 - 30,000
Answer 4 :
Chartered Accountants will have qualifieded through an institute such as ICAEW and ICAS. The other type of accountant you get is 'certified' which is through the ACCA or CIMA (for management accountants). Chartered is slightly higher in terms of status since you need a degree to train whereas certified you do not, but you learn the same stuff and so there isn't really any difference between the two.
Answer 5 :
There are many different types of accountant who can act for small businesses. Legally, there are no restrictions preventing anyone setting up an accountancy practice or calling himself or herself 'an accountant'. When engaging an accountant to act for your business, you need to ensure that they are appropriately qualified. The main accountancy qualifications are Chartered Accountants (ACA), Chartered Certified Accountants (ACCA), Chartered Institute of Management Accountants (CIMA) or Associate of Accounting Technicians (AAT). What do these mean? By holding one of these qualifications, the individual demonstrates that:- they have obtained a minimum standard in passing entrance examinations; they hold professional indemnity insurance; they are committed to maintaining their professional knowledge by undertaking continuing training; and their practice work is monitored for its quality by the professional body to which they belong. An unqualified accountant may be able to charge lower fees but probably won't be able to meet the standards of a qualified accountant Any saving you make on fees might prove expensive in the long term.
Answer 6 :
I am also an accountant but not chartered yet.I am longing to be one.Accountants are believed to a have theorical knowledge about accounting and not professional but chartered accountants are professionals.
Answer 7 :
Chartered Accountant can do accounting for Govt. Comapnies and his/her signatures are accepted by banks and Govt. Accountant can be somebody who can do accounting but without any privilege mentioned above.
Answer 8 :
chartered
Answer 9 :
CA has been allowed to join the professional body, by passing exams and undergoing a period of approved training. I understand that being a CA is "top of the tree" as far as accountants are concerned
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