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-   -   ACCA or CPA "each country"? (https://britishexpats.com/forum/accountants-87/acca-cpa-each-country-840881/)

C.Accountant Aug 13th 2014 5:54 pm

ACCA or CPA "each country"?
 
Hello,

I want to choose between CPA or ACCA but still not sure, and I need your help. As I heard it depend on the country which I want to work in, so I didn't still plan to move to which country but it is one of these:

USA and Canada - CPA is better
UK - ACCA is better

What about these countries:
Australia - Germany - Switzerland - Norway - Sweden - Denmark - Iceland - Luxemburg - Finland - Netherlands - Poland - Belgium

Please let me know which professional certificate is the best for those countries ( CPA or ACCA )

Thanks in advance ;)

Bermudashorts Aug 13th 2014 8:49 pm

Re: ACCA or CPA "each country"?
 
There are loads of CPAs, not just one, which do you mean. In any case, I think it is better to do the accounting qualification of your own country.

C.Accountant Aug 13th 2014 9:00 pm

Re: ACCA or CPA "each country"?
 
I mean US CPA.
My country is accepting both, no difference. So I want to apply for the one that is accepted in more countries.

So what is the one that is recognized or more wanted in each of the following countries: Australia - Germany - Switzerland - Norway - Sweden - Denmark - Iceland - Luxemburg - Finland - Netherlands - Poland - Belgium.

Only between (UK ACCA / US CPA).
I wish you understood me now.

For example, in Germany what is better if I have ACCA or US CPA. which one more recognized and wanted to get a job. and so on for the other countries.

Bermudashorts Aug 13th 2014 9:37 pm

Re: ACCA or CPA "each country"?
 
I don't think it makes any difference. I would expect a foreign accountant to have the accounting qualification of their own country. I would be interested in where their work experience is from, not who set their exam papers. I think you are looking at this all wrong.

C.Accountant Aug 14th 2014 6:47 am

Re: ACCA or CPA "each country"?
 
You didn't get my point. I want to move from my country to another still not sure which country.

The question is : Which one of ACCA and US CPA is recognized in more countries internationally?

Bermudashorts Aug 14th 2014 8:38 am

Re: ACCA or CPA "each country"?
 

Originally Posted by C.Accountant (Post 11368545)
You didn't get my point. I want to move from my country to another still not sure which country.

The question is : Which one of ACCA and US CPA is recognized in more countries internationally?

I get your point very well, I think it is you that doesn't get me.

Again, I have worked with many overseas qualified accountants, did whilst I was in London and I do now in Sydney. And I have never seen anyone worry about what country the accounting qualification comes from, usually people have their own country's qualification.

You are not going to win any favours by having a particular qualification like US CPA, not unless it was obtained in that country. Otherwise it just looks like you picked up some books, so what? Experience is more important.

C.Accountant Aug 14th 2014 8:51 am

Re: ACCA or CPA "each country"?
 
So you are saying that each country is having there own qualification?
For example if I want to live in Australia, I have to take Australian professional certificate? ACCA or US CPA will not help me there?

C.Accountant Aug 14th 2014 5:03 pm

Re: ACCA or CPA "each country"?
 
Is there any professional certificate recognized in most countries in the world? because I am kind of person that I don't stay in one country. So What certificate in all countries ?

JOE2010 Aug 19th 2014 4:17 pm

Re: ACCA or CPA "each country"?
 
Probably need to figure out which country you want to live? From your post it seems in your country there is great emphasis on qualifications - as BS pointed you will realise experience is much more important.

And how many languages can you speak? I would imagine you need professional proficiency in many languages to migrate to all those countries? French, Dutch, Germany, Flemish etc?

That said, I would choose any of the global qualifications CIMA/ACCA/US CPA - than a qualification of a country no one knows about (say, if you are in Bhutan or Malawi).

C.Accountant Aug 19th 2014 5:20 pm

Re: ACCA or CPA "each country"?
 
I decided to live in Germany. So now I want to take ACCA or US CPA which one is better choice and recognized in more countries?

JOE2010 Aug 20th 2014 7:09 am

Re: ACCA or CPA "each country"?
 

Originally Posted by C.Accountant (Post 11374579)
I decided to live in Germany. So now I want to take ACCA or US CPA which one is better choice and recognized in more countries?

Wirtschaftsprüferkammer - Wirtschaftsprüferkammer

C.Accountant Aug 20th 2014 8:08 am

Re: ACCA or CPA "each country"?
 

Originally Posted by JOE2010 (Post 11375266)

Thank you very much. You helped me a lot.
I have last question, please do you know if I can get exemptions in it?
I mean it is more like which one ACCA or US CPA? Because first I will take one of these two then I will take it.

So between ACCA and CPA which one is more closer to that german one? and can I take exemptions in it.

JOE2010 Aug 21st 2014 3:13 pm

Re: ACCA or CPA "each country"?
 

Originally Posted by C.Accountant (Post 11375317)
Thank you very much. You helped me a lot.
I have last question, please do you know if I can get exemptions in it?
I mean it is more like which one ACCA or US CPA? Because first I will take one of these two then I will take it.

So between ACCA and CPA which one is more closer to that german one? and can I take exemptions in it.

Why would you take an American or UK exam with the aim of going to work in Germany?

Did you even read the English version of that website? I doubt there are any exemptions.

C.Accountant Aug 21st 2014 3:32 pm

Re: ACCA or CPA "each country"?
 
Because I will not go now. Maybe after two or 3 year. So I don't want to waste the time now doing nothing

C.Accountant Aug 30th 2014 11:16 am

ACCA / ACA / CIMA "The best choice?"
 
Hi,

I am considering to have better potions and get a promotion. Even if I can get a better job somewhere else is great.

Currently I am an Auditor at Deloitte. My firm recommended me to get from these professional certificates ( ACCA or ACA or CIMA ).

So I am really confused, which one is better to get from these options that my job offered me to take? Which one will open for me more options in future and is more popular and needed everywhere?

And please tell me why one of them is better than the other.

Thanks in Advance

Pollyana Aug 30th 2014 3:25 pm

Re: ACCA or CPA "each country"?
 
Threads merged, to save people retyping their previous info !

Gavilon18 Sep 1st 2014 4:16 pm

Re: ACCA or CPA "each country"?
 
If you are currently auditing for Deloitte then I'm surprised that they recommended CIMA - this is a route for accountants within industry, not practice and is very much a management accountant route.

Auditors will typically follow ACCA or ACA, those from 'big 4' typically ACA.

As to which is best, depends on who you ask - I'm ACA so will say ACA is best, those with ACCA/CIMA qualifications will say theirs is best. Snobbery possibly puts ACA in more demand (due to the 'big 4' connection) but thats really a load of nonsense and they are all better in some ways and weaker in others - I don't think there is one that is better overall. This only really goes for the UK though as they are UK qualifications.

I'll echo the earlier advise - get the qualification from your own country and build a strong portfolio of experience. This will be 100% more valuable than a piece of paper from another country.

C.Accountant Sep 1st 2014 9:23 pm

Re: ACCA or CPA "each country"?
 
Sorry, I miss understood them. They told me CIMA is good but the told me to choose between ACCA and ACA only. So what I should take. What is the deference between these two?

and my country doesn't have its own qualifications they only accept American CPA and British qualifications

Bermudashorts Sep 2nd 2014 7:47 am

Re: ACCA or CPA "each country"?
 

Originally Posted by C.Accountant (Post 11389307)
Sorry, I miss understood them. They told me CIMA is good but the told me to choose between ACCA and ACA only. So what I should take. What is the deference between these two?

and my country doesn't have its own qualifications they only accept American CPA and British qualifications

Just pick one! Toss a coin, it doesn't matter!

Gavilon18 Sep 2nd 2014 10:14 am

Re: ACCA or CPA "each country"?
 

Originally Posted by C.Accountant (Post 11389307)
Sorry, I miss understood them. They told me CIMA is good but the told me to choose between ACCA and ACA only. So what I should take. What is the deference between these two?

and my country doesn't have its own qualifications they only accept American CPA and British qualifications

So if you are an auditor now, what are you studying if your country does not have its own qualification?

I'd suggest Googling ACCA and ACA to see which you prefer, it is personal preference which to do. Just check that you meet the entry requirements. Bear in mind that it will take 3-5 years to fully qualify in either.

And remember - build up the experience

C.Accountant Sep 2nd 2014 8:55 pm

Re: ACCA or CPA "each country"?
 
if they are almost the same at least which one is easier?
Thanks all, I really appreciate your help. ;)

Gavilon18 Sep 3rd 2014 8:26 am

Re: ACCA or CPA "each country"?
 
Bit of an impossible one to answer - I can't see why anyone would have sat both to be able to say which is easier.

Either way, they are both professional qualifications and therefore neither are going to be easy. As suggested before, Google them and see which one takes your interest more - go with your gut feeling.

If you want my recommendation - I'd go ACA. Thats only because its the one I have so am more familiar with it. If you ask someone who has the ACCA qualification they will recommend that for the same reason. Got to be your decision from now on.

Good luck

quiltman Sep 3rd 2014 9:04 am

Re: ACCA or CPA "each country"?
 
I may be being thick here, but if I was in your position I'd email the professional association in each country you are interested in. Ask them the question as to whether they will accept either qualification or alternatively, what qualification is needed to be recognised in that country.

Many countries do NOT recognise qualifications from another country as many threads on BE will confirm.

Anyway, that's my two penny worth!

Wombat7 Sep 21st 2014 2:09 pm

Re: ACCA / ACA / CIMA "The best choice?"
 

Originally Posted by C.Accountant (Post 11386982)
Hi,

I am considering to have better potions and get a promotion. Even if I can get a better job somewhere else is great.

Currently I am an Auditor at Deloitte. My firm recommended me to get from these professional certificates ( ACCA or ACA or CIMA ).

So I am really confused, which one is better to get from these options that my job offered me to take? Which one will open for me more options in future and is more popular and needed everywhere?

And please tell me why one of them is better than the other.
Thanks in Advance

look at other people in your firm who are in the positions to which yiu aspire, what qualifications do they have? In my opinion, if you want to get a qualification that will stand you in best stead worldwide, I would go with the chartered qualification, ie ICAEW.

Bermudashorts Sep 23rd 2014 8:21 pm

Re: ACCA / ACA / CIMA "The best choice?"
 

Originally Posted by Wombat7 (Post 11413156)
look at other people in your firm who are in the positions to which yiu aspire, what qualifications do they have? In my opinion, if you want to get a qualification that will stand you in best stead worldwide, I would go with the chartered qualification, ie ICAEW.

ACCA and CIMA are also chartered qualifications. Hence the "C" in CIMA and one of the Cs in ACCA.

I would have thought the ability to apply for ICAEW whilst not living in EW would be limited.

Wombat7 Sep 23rd 2014 8:27 pm

Re: ACCA or CPA "each country"?
 
did not realize OP was not in UK. changes things but I agree with G18. If you are looking to career with big 4 ACCA is not the way to go.

Again, look people in the position to which you aspire and ask what qualifications they hold.

On the road again Oct 18th 2014 8:38 am

Re: ACCA or CPA "each country"?
 
Until I started working in the UK recently I had never heard of ACCA in either the US, Canada or Australia, where as CPA is found in most if not all western nations. ACCA also appears easier to get, With my degree alone I immediately qualified for 9 of the 14 modules in ACCA. Where as CPA doesn't credit you for any of their modules regardless of your degree. From my experience, making the accreditation easy to obtain lessens it's respect with employers in the industry. Ultimately it will be the amount of experience you bring to the job that will count the most. Take that for what it's worth.

Bermudashorts Oct 18th 2014 8:36 pm

Re: ACCA or CPA "each country"?
 

Originally Posted by On the road again (Post 11442177)
Until I started working in the UK recently I had never heard of ACCA in either the US, Canada or Australia, where as CPA is found in most if not all western nations. ACCA also appears easier to get, With my degree alone I immediately qualified for 9 of the 14 modules in ACCA. Where as CPA doesn't credit you for any of their modules regardless of your degree. From my experience, making the accreditation easy to obtain lessens it's respect with employers in the industry. Ultimately it will be the amount of experience you bring to the job that will count the most. Take that for what it's worth.

It isn't the same CPA you know! It is just a common acronym, it doesn't mean the qualification is the same or that you can make sweeping generalisations about exemptions or quality. In Australia, CPA means open book, multiple choice papers and is very much the poor cousin. I generally think the not very bright ones did CPA (here)!

And considering you have never heard of ACCA until recently you are probably not best placed to comment on how easy or difficult it is. In fact it is deemed to be just as difficult /easy as the other English qualifications by official standard setters. I suspect you have misunderstood your exemptions. But another thing to bear in mind is that not a lot of Brits that go into accountancy will have an accounting degree, unlike in other countries. Perhaps you have, which would mean an above average number of exemptions. Most people I know, did not get any exemptions.

On the road again Oct 18th 2014 9:56 pm

Re: ACCA or CPA "each country"?
 

Originally Posted by Bermudashorts (Post 11442634)
It isn't the same CPA you know! It is just a common acronym, it doesn't mean the qualification is the same or that you can make sweeping generalisations about exemptions or quality. In Australia, CPA means open book, multiple choice papers and is very much the poor cousin. I generally think the not very bright ones did CPA (here)!

And considering you have never heard of ACCA until recently you are probably not best placed to comment on how easy or difficult it is. In fact it is deemed to be just as difficult /easy as the other English qualifications by official standard setters. I suspect you have misunderstood your exemptions. But another thing to bear in mind is that not a lot of Brits that go into accountancy will have an accounting degree, unlike in other countries. Perhaps you have, which would mean an above average number of exemptions. Most people I know, did not get any exemptions.

I can't speak for what you know only for what CPA Australia told me. I was told I didn't need to complete all 6 modules in Australia. I could go to the UK, Canada or the US (and most likely many other countries) and finish off any outstanding ones overseas and receive my CPA.

How could I get ACCA wrong. You go to their site, enter your uni, year and degree and it tells you what you are exempt from. I even phoned them and they confirmed that I was exempt from needing to take all but the 5 professional modules. All I had to do was pay for the other 9 so I could then put on my resume that I was a member partially through ACCA.

For myself I don't know if the tests are easier or harder, but I do know that if I don't have to complete more than half the required modules it's easier to obtain that particular credential. YMMV

Wombat7 Oct 18th 2014 10:03 pm

Re: ACCA or CPA "each country"?
 
To confuse things more, in Canada three accounting professions have Merged and are now all CPA, though each designation for the new several years will be "CPA CA" , "CPA CGA" or "CPA CMA" - to distinguish - without question the CA qualification was significantly more difficult to get than the CGA

JOE2010 Oct 21st 2014 2:58 pm

Re: ACCA or CPA "each country"?
 

Originally Posted by Wombat7 (Post 11442714)
To confuse things more, in Canada three accounting professions have Merged and are now all CPA, though each designation for the new several years will be "CPA CA" , "CPA CGA" or "CPA CMA" - to distinguish - without question the CA qualification was significantly more difficult to get than the CGA

I think we will see a lot of this sort of activity in the future. CA Australia recently merged with CA New Zealand, they have tried five times in Australia to merge CA with CPA and each time failed. We may see a convergence in the future of the six bodies which make up the Global Accounting Alliance.

barnaby Dec 12th 2014 7:23 pm

Re: ACCA or CPA "each country"?
 
Personally, I would go with the ACA, though admittedly I am biased because it's what I studied all those years ago.

I am sure the ACCA is just as good in reality, but I think ACA is seen as the benchmark standard as is certainly the most common in the big firms.

Of course, if you do decide on the ACCA I am sure you will do just as well.

Like everybody else on here says, in reality all firms want to see is that you are qualified and hopefully did well in your exams. After that, it's all about the quality of your experience.


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