ACA road to professional accountant.

mewtwo By mewtwo, 15th Nov 2010 | Follow this author | RSS Feed | Short URL http://nut.bz/1lnl79c7/
Posted in Wikinut>Business>Accounting & Finance

One road to be a chartered accountant from Institute Chartered Accountant of England and Wales.

ACA of ICAEW. Dream of many accountant wanna-be.

ACA of ICAEW : Road to Chartered Accountant

ACA is stands for Associate of the Institute of Chartered Accountant in England and Wales.



ICAEW is a recognised body which prepares many professional programmes. One of these programmes are ACA. This year, there are more than 135,000 of ACA of ICAEW member in the world. It is one of toughest accounting paper that required the candidate to work at least 450 days in any ATE ( Authorised training employee ) and sit for at least 15 papers. These 15 papers are divided into 2 kinds : Professional and Advanced.

Professional papers have two kind of paper too : one multi choice question and one structured question. MCQ questions are know as knowledge modules or e-modules or e-assesment. Whereas, structured question is known as application modules.

Both knowledge modules and application modules have six papers of different subjects. This subject's scope range from assurance, accounting, principles of taxation, law, business and finance, management information, and law. While application modules consisted of financial management,financial accounting,financial reporting, audit and assurance, taxation and business strategy.

What start must have an end.

The last 3 papers is the toughest one but feasible if one has enrich the knowledge especially in the external audit area. The last papers are business reporting , business change and case study.

ACA in Malaysia.
The only institution that provide ICAEW in Malaysia is Sunway College under Sunway - TES. Noted that TES is the abbreviation of a director of the programme's name. For record, only 75 candidates have successfully managed to get from the college since 2004.

The son of prime minister Malaysia, Mohd Nizar Najib is an ACA of ICAEW member too.

Tags

Aca, Accountant, Chartered Accountant, Icaew

Meet the author

author avatar mewtwo
Once I live in small village. Made from concrete. The sides of the road there are many small business. They earn more than the total spend in a month.
I live long enough in town, watching people suffer from their income deficit and HIGHLY expenditure...(more)

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author avatar Retired
27th Nov 2010 (#)

Good work mate. real stuff. information provided in the body of the article is really helpful. Do check my writing work in between and suggest me tips to improve my skills as a writer.

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