Accountancy, accounts and auditors – ACCA Accountant in Business (AB)
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The difference is really in the added requirements of obtaining and maintaining an ACCA qualification. Even though someone who has a university degree in accounting might have covered the same academic subjects as someone who qualifies ACCA there are additional requirements:
1 ACCA has a professional experience requirement (a minimum 36 months’ relevant work experience and achieve 9 performance objectives).
2 You must keep up to date so there is a Continuing Professional Development requirement
3 You must adhere to the ACCA’s ethical principles. Breaking these can lead to losing the ACCA qualification.
In contrast, once a degree is awarded it is usually yours for life.
Therefore ACCA provides a much more rigorous professional framework.
Thank you very much
Hello sir thank you for your lectures .Did someone could call himself professional accounting if he has just master in accounting and works as an accountant in a company?
What make the difference between someone who has been trained by an professional accounting body such as ACCA ,registered as member of one professional accounting body and someone who has just academic certificate in accounting and undertake task as an accountant in a company?