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Is ACCA recognised in Germany? Can you find a job here? How can we get work experience here? Please can you help?
Dont know, mostly it would be useful if you work in MNC, but as IFRS is gaining an advantage, it could soon become a norm to use IFRS in local firms as well. Please ask this in other websites like Linkedin, Quora..
You could look at the members list to see how many ACCA members there are. You will find jobs occasionally from English/US companies wanting an ACA / ACCA / CIMA. But IFRS positions are common. But those are jobs for people with qualifications and experience.
ACCA otherwise has NO presence unfortunately in German speaking countries. You are on your own there if you want to train as an ACCA and you’ll have to work in industry. Germans either do a masters in business/finance and go to the various controller academy style qualifications. And / or they go to “big 4” companiea or tax advisors and do the “Steuerberater” qualification. Only managers try to do the full “auditor” qualification in Germany etc. You would have to explain to people why you want to become chartered and what that is.
Otherwise you will be asked why you don’t do the “Bilanzbuchhalterprüfung” which is tough…but it’s only a few exams (maybe 2-3).
The German speaking market is just different and the main thing is that you’re expected to do a “German” qualification and speak German fluently. Unless your CV is good and you’re at international company. But German companies and staff don’t understand all our definitions of part-qualified etc. You either have a finished qualification or training…or you don’t 🙂
Hope this helps. Hopefully acca will try to get more of a presence as IFRS is becoming just as important as HGB.
Often people just do a certificate in IFRS and use that to justify their credentials. Which is also good. But obviously it’s not as tough as doing all the ACCA financial reporting and audit papers.
Thank you for responses. So you guys are telling me not to bother with ACCA?
what about OBU degree. Wont they accept that?
Or cant i go into further education with OBU Bsc ?
Don’t know about Germany but in Luxemburg the Acca qualification is highly appreciated and finding a job in the banking/finance sector is not difficult. In addition the salaries here are higher than in the rest of Europe, so that’s an added bonus. German speakers can also find interesting opportunities with the Big 4 (audit/ consultancy). Maybe you live just across the border and might be interested…
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