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Re: CIMA in NZ
Originally Posted by Hellboy663
(Post 5802327)
Some academic insititions do recognize CIMA, I agree. For e.g CA Australia gives CIMA holders exemptions from 1 out of the 5 papers which is not available to members of some of the other professional bodies. Its the employers and the job market who are ignorant. Other than that, CIMA on the overall is a good qualification to have.
The Deakin MBA just require you to complete 2 extra modules? Well this is news to me. But can you do it like from the UK or whereever you are or do you have to come to Australia to do? In the latter situation, cost can be a limiting factor. Just curious. |
Re: CIMA in NZ
Originally Posted by Hellboy663
(Post 5802889)
Sorry. I think I've misread the info. They did mention that you could do with an associate degree, thats more like its lower than a bachelor's degree. But licensing wise, they are not as liberal as Colorado and they require a course to be done in US federal taxation before being allowed to sit for the exams. But I don't suppose the'd be prepared to consider Oxford Brookes degree program would they?
That said, Delaware's work experience requirements are overall somewhat tougher than Colorado and especially where only an associate degree is held. Delaware used to be a "choice" state as prior to 2006, they offered a "certificate only" CPA status with no work experience required. This is now closed to new applicants. Would Delaware accept the Oxford Brookes degree? Probably not, as the Delaware State Board insists on classroom taught degrees (although they will apparently accept correspondence for the U.S. Federal Tax element). Many other states, even those which do accept distance learning, won't accept a 3 year U.K. bachelors degree to equal a U.S. bachelors. Normally a degree + ACCA = a U.S. bachelors degree for equivalency purposes. Maybe not fair but a general principle is that qualifications do lose some value when transported across national borders. It's still possible to become a New York CPA without a degree if you have 15 years public accounting experience but that will be closed to new applicants on 1 August 2009. Vermont had until recently a rule that only required 2 years higher education (no actual degree or diploma necessary) but that changed on 1 July 2007. I'm not aware of any other U.S. states/territories that require less than a 4 year degree. So the trend towards higher academic requirements is clear. |
Re: CIMA in NZ
Originally Posted by Hellboy663
(Post 5802327)
Some academic insititions do recognize CIMA, I agree. For e.g CA Australia gives CIMA holders exemptions from 1 out of the 5 papers which is not available to members of some of the other professional bodies. Its the employers and the job market who are ignorant. Other than that, CIMA on the overall is a good qualification to have.
The country education profile for the United Kingdom states this clearly and most AEI-NOOSR accredited skill assessing authorities will accept this. Except where that skill assessing authority has special rules against accepting non-degree qualifications. CPA Australia is one of these (they want at least a degree in any subject, plus professional qualification), although they do offer alternative pathways towards membership for ACCA/CIMA qualified persons without a tertiary degree. Out in the employment marketplace it's another story and is really up to the employer. One thing to bear in mind is that a local qualification will always impress upon an employer that you are serious and committed to Australia. |
Re: CIMA in NZ
Originally Posted by JAJ
(Post 5803182)
You can become a Delaware CPA with an associates degree, which is about the same as a U.K. diploma (although whether a HND would be assessed the same way is another question).
That said, Delaware's work experience requirements are overall somewhat tougher than Colorado and especially where only an associate degree is held. Delaware used to be a "choice" state as prior to 2006, they offered a "certificate only" CPA status with no work experience required. This is now closed to new applicants. Would Delaware accept the Oxford Brookes degree? Probably not, as the Delaware State Board insists on classroom taught degrees (although they will apparently accept correspondence for the U.S. Federal Tax element). Many other states, even those which do accept distance learning, won't accept a 3 year U.K. bachelors degree to equal a U.S. bachelors. Normally a degree + ACCA = a U.S. bachelors degree for equivalency purposes. Maybe not fair but a general principle is that qualifications do lose some value when transported across national borders. It's still possible to become a New York CPA without a degree if you have 15 years public accounting experience but that will be closed to new applicants on 1 August 2009. Vermont had until recently a rule that only required 2 years higher education (no actual degree or diploma necessary) but that changed on 1 July 2007. I'm not aware of any other U.S. states/territories that require less than a 4 year degree. So the trend towards higher academic requirements is clear. |
Re: CIMA in NZ
Originally Posted by Hellboy663
(Post 5803212)
Thanks for the info Jeremy. I have seen for CPA Australia that they have a MRA with CPA US but one of the requirements would be to have 3 years experience in the US supervised by a US CPA. I don't suppose they would be prepared to consider experience gained elsewhere other than the US would they? Will they be rigid when it comes to this requirement? Australian CA might not be but how about CPA Australia?
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Re: CIMA in NZ
Originally Posted by JAJ
(Post 5803368)
You will have to ask CPA Australia. But don't be surprised if they are inflexible. Often those with "non-standard" education or work experience do not come within the ambit of a mutual recognition agreement.
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Re: CIMA in NZ
[QUOTE=Hellboy663;5794868]Hi:
I'm sorry but I don't understand why is it that you've found Jeremy's comments offensive. He's not saying anything false. It's a fact that little is known of the CIMA qualification in Australia and even less is known in New Zealand. This is a cold hard fact as much as the fact that the Pope is a Christian. Of course, they may have a body in the repective countries but that does not mean that everyone knows about it. Having just moved to NZ and secured a decent job despite being "disadvantaged" by being a CIMA member ( no Uni degree either shock, horror!) I feel that you are being overly negative. There are over 3,000 CIMA members and students in NZ(not my figures but two agencies) and whilst the qualification is admittedly not universally known it caused me no problems getting interviews at all. Over here at the moment the jobs market for accountants is booming and whilst it does make sense to consider NZICA long term I could not envisage decent CIMA accountants being held back. The above is just my experience but I am sure others could vouch for it too. Mark |
Re: CIMA in NZ
To add to Mark's sensible comments, as the person who originally started this thread and who doesn't have an undergraduate degree, I start work in NZ in Feb, and have been approved in principle for permanent residence. Just goes to show that CIMA people can do anything if they put their mind to it.
Alison:thumbup: |
Re: CIMA in NZ
Originally Posted by mark and kim
(Post 5862907)
[
Hi Hellboy Having just moved to NZ and secured a decent job despite being "disadvantaged" by being a CIMA member ( no Uni degree either shock, horror!) I feel that you are being overly negative. There are over 3,000 CIMA members and students in NZ(not my figures but two agencies) and whilst the qualification is admittedly not universally known it caused me no problems getting interviews at all. Over here at the moment the jobs market for accountants is booming and whilst it does make sense to consider NZICA long term I could not envisage decent CIMA accountants being held back. The above is just my experience but I am sure others could vouch for it too. |
Re: CIMA in NZ
[QUOTE=mark and kim;5862907]
Originally Posted by Hellboy663
(Post 5794868)
Hi:
Hi Hellboy Having just moved to NZ and secured a decent job despite being "disadvantaged" by being a CIMA member ( no Uni degree either shock, horror!) I feel that you are being overly negative. There are over 3,000 CIMA members and students in NZ(not my figures but two agencies) and whilst the qualification is admittedly not universally known it caused me no problems getting interviews at all. Over here at the moment the jobs market for accountants is booming and whilst it does make sense to consider NZICA long term I could not envisage decent CIMA accountants being held back. The above is just my experience but I am sure others could vouch for it too. Mark Thanks for your reply. I think you've missed the point I'm trying to make here. I'm not trying to be negative or belittle the CIMA qualification in any way. What I'm trying to point out is the point that Jeremy is making, I feel that he's got a valid point in saying that a local qualification is much better known and would put you at a much better platform as compared to a foreign one. This is regardless of where you are in the world. Like American CPA for example may propel you to great heights in the US but how much of value do you think it might have in the UK as compared to ACCA, CIMA or CIPFA? If you are an employer in the UK and have advertised for say an accountant,would you rather offer the job to someone having an American CPA or someone holding a British qualification (ACCA, CIMA, ICAEW or CIPFA), assuming every other thing i.e. experience etc is the same? Sure, CIMA, ACCA, CIPFA and some of the other qualifications can get you interviews and jobs if you are a new migrant but a migrant who has been around for say 10 years in a country without a local qualification would surely get employers scratching their heads. You may do ok with CIMA, ACCA or some other foreign qualification initially but at the end of the day, if you want to go far, the only wise thing to do is to have a local qualification which is known to more people in the market. |
Re: CIMA in NZ
Originally Posted by JAJ
(Post 5867359)
I can't speak for him but I don't think he was being as negative as you suggest. All I think he was trying to say is that a local qualification & a university degree may at a particular point in time open doors that would otherwise be closed.
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Re: CIMA in NZ
Originally Posted by littleal
(Post 4741374)
Hello - I am an associate member of CIMA. Has anyone any experience of emigrating to NZ as a skilled migrant? Do I need to get the CIMA qualification assessed by the NZQA?
Thanks for any advice:unsure: HTML Code:
www.WikiJob.co.ukI've tried to put this in htmp - but this is the best I can do!... HTML Code:
<a href="http://www.WikiJob.co.uk/">WikiJob.co.uk</a> |
Re: CIMA in NZ
Originally Posted by JAJ
(Post 4786468)
CIMA is treated as a British qualification (not "global" - no such thing as a global qualification) Incase you wanted to know, CIMA's website address is; www.cimaglobal.com !! :thumbsup: |
Re: CIMA in NZ
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Re: CIMA in NZ
An update for anyone interested - I am now living in NZ and have paid NZICA to have my overseas qualification assessed. For CA status, I have to do 4 papers before I can sit the 2 professional papers to become a New Zealand Chartered Accountant. This may vary for others depending on their marks in individual papers and whether they have a degree, relevant or otherwise.
CIMA's presence in NZ is less than their website may suggest. However the qualification is certainly recognised and appreciated by larger organisations. I am studying NZ tax and will do NZ law next and feel these are important to help me work as an accountant here. The other papers I need to do to qualify with NZICA would be updating existing knowledge. I can't even remember what my original question was, but am happy to share experiences if anyone is going through similar situations. |
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