ACA Fundamentals Flashcards

1
Q

What is the ACA ?

A

It is the qualification given by the professional body ICAEW to qualified chartered accountants.

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2
Q

What does the ACA qualifaction entail ?

A

15 exams certificate (6) , professional (6) and advanced (3)

450 days of professional work experience at a authorised training employer

Professional devolpment which enables for the develpoment of key competancies e.g. communication , teamwork, decision making, problem solvining

Ethical and professional sceptisism - How to develop integrity and remain objective in order to show due care

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3
Q

Why do you want to become a chartered accountant ?

A

Job security from the career has been evident especially throughout the pandemic . Where other careers have suffered majorely the accoutnting industry has not. There will always be a need for accountants. Whether opening up a buisness as an example

The salary for qualified chartered accountant is alot higher than the average uk salary. Job progression allows for Chartered accountants to earn a very comfortbale wage.

ACA is world recognised qualification it always for the ability to do work anywhere in the world this is especially beneficial for companies with a international presence.

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