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Hello. I’d appreciate if anyone can guide me in the right direction.
I would like to take up the ACCA course, however at the moment I do not intend to work in pure accounting, but in financial services and I’m afraid that if I don’t work in pure accounting I’ll loose the certification. Is my assumption correct? Would I be better off taking the BSc Accounting and Finance from London School of Economics (which never expires)?
Thank you.
In order to obtain the full ACCA qualification, you need to evidence experience working in a suitable role, this is both by a sustained period of employment, and through completion of objectives through your daily work, so in order to to get qualified you will need to be in a role at some point. To retain membership, you have to also evidence on going experience in a role through CPD, which is providing evidence to the ACCA that you are continuing to work and develop yourself in the profession
I don’t think you necessarily have to be an ‘Accountant’ but you need to be able to evidence working in the profession, it could be that your financial services role covers this, but without knowing what it is, its hard to tell
Probably best to call the ACCA and ask their view
You do not need to work in pure accounting to retain the qualification – financial services is fine.
Also, the certificate that you have passed the exams never expires whether or not you decide to keep the qualification itself.The ACCA qualification is much, much better and much more useful than a BSc (but the exams are harder 🙂 )
A professional qualification such as ACCA is a higher level than a university degree.
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