Forums › ACCA Forums › General ACCA Forums › Practising Certificate
- This topic has 12 replies, 5 voices, and was last updated 3 years ago by Kim Smith.
- AuthorPosts
- January 3, 2021 at 11:51 am #601355
I’m slightly confused regarding the requirements of this and whether a PC is needed for working in industry in the UK in a management accountant/business partner role? Any help on this will be much appreciated.
January 3, 2021 at 12:20 pm #601357Short answer – no.
“You need to apply for an ACCA practising certificate if:
– you’re thinking of setting up a practice (download Am I in public practice? PDF, 97kb)
– you’re joining a firm as a principal, eg partner or director
– you work in the UK, Ireland, Zimbabwe, Australia or there is a local requirement for you to hold an ACCA practising certificate.”Please note that there is a separate forum for members https://opentuition.com/forum/qualified-members-forum
January 3, 2021 at 12:38 pm #601360Thanks for responding, does the “you work in the UK” only apply if the above conditions are met?
Thanks.
January 3, 2021 at 4:00 pm #601371Yes it is only relevant to “public practice” – as it goes on to say – if you click on the link:
“You do not need to apply for a practising certificate if you are engaged in public practice outside of the above territories ….”.
January 12, 2021 at 5:08 pm #605638I am in the same boat. I have recently gotten eight F-level papers exempted based on my qualification obtained five years ago. I am planning to move to Dublin or London from the USA. Should I accept my exemptions? It seems that I could not get a practising certificate by doing so. Would this limit my job prospects in Dublin or London?
January 12, 2021 at 5:25 pm #605641@wiray the question of a practicing certificate does not arise until you are eligible for membership. If you take all exemptions available to you, you will still have to pass the remaining applied skills exams and five exams at the strategic professional level (and complete the ethics and professional skills module and complete 36 months practice experience requirements) before you can apply for membership.
January 12, 2021 at 6:50 pm #605649The potential problem is that it is an irreversible action. Accept exemptions –> get membership –>can’t apply for practising because my exemptions are unqualified. I am afraid that I will lose some kinds of job opportunities by doing so.
January 13, 2021 at 11:06 am #605701@wiray – sorry but I don’t understand what you mean – nowhere on the application for a practicing certificate does it mention exemptions – it makes no distinction between an affiliate who sits and passes 14 exams or one who is exempt from 8 and sits and passes only 6 – both are qualified.
March 30, 2021 at 10:24 pm #615548I got 9 exemptions because I was a qualified CA in India and was practicing in India for 7 years. I had to write only 4 strategic level papers and ethics module. Out of this I cleared SBR and AFM so only SBL and ATX are remaining to qualify. I recently migrated to UK and that’s when I checked with ACCA and got the below reply from them
March 30, 2021 at 10:32 pm #615550ACCA Enquiry – Becoming a member
Response By E-mail (Alen) (08/12/2020 06.10 PM)
Hello Shastri Govind,Thanks for contacting us.
I hope you are safe and well during these unprecedented times that we are currently facing.
If a student is awarded full exemptions on registering with ACCA and wishes to go on to apply for the Practising Certificate and Audit Qualification, they are required to pass the ‘Professional’ level examinations (3 essentials & 2 options) within the next 5 years.
Failure to meet this requirement would mean they would become permanently ineligible for the PC+AQ.All students who are awarded full exemptions are told of this requirement on their initial welcome/exemption award notification.
Students who registered after 1st January 2010 who claim exemptions using a qualification older than 5 years previous to the time of registration would be required to forfeit these should they wish to go on and apply for the Practising Certificate and Audit Qualification.
This is again communicated at the time of registration/exemption award.Members who do not forfeit these examinations then wishing to go ahead and apply for the PC+AQ would be required to attempt all exams exempted from under post-qualification examinations.
For all students registering from 1 January 2016 the rules are:
The Strategic Professional exams must be completed within five years from the date of completion of the Applied knowledge and Skills exams these must be completed within five years from the date the member became eligible to sit that part.Students who fail to meet these requirements will not be eligible to apply for a practising certificate and audit qualification.
If you need any further help, please contact us again.
Thanks,
Alen
ACCA
ConnectMarch 31, 2021 at 7:57 am #615564@govindshastri – thank you very much for sharing that communication with this forum.
August 20, 2021 at 10:06 am #632315Hello All,
I am ACCA Qualified since 2018 working in Cameroon (Central Africa) in the banking industry as Risk Manager since 2012.
Before that I have around 5 years experience in Accounting Firms (Deloitte and E&Y) as auditor.
I would like to register in the local association of accountants and they are requiring me to produce the ACCA practising certificate.
I would like an advice if with my current profile I could obtain that practising certificate because through my review of ACCA website, it seems that a 2 years post qualification training in an audit practise is mandatory.
What could I do with my current profile to obtain that practising certificate?
Thanks in advance.August 20, 2021 at 10:16 am #632316@rubik – you can contact ACCA directly https://forms.accaglobal.com/contact-us select “I’m a member” and then “Practicing Certificate” as the topic.
- AuthorPosts
- You must be logged in to reply to this topic.