Highlights
1. ACA and ACCA are both international certifications that allow individuals to work as qualified chartered accountants.
2. ACA stands for Institute of Chartered Accountants, while ACCA stands for Association of Chartered Certified Accountants.
3. ACA and ACCA differ in syllabus content and set of papers.
Introduction
ACA and ACCA are designations for qualified chartered accountants. ACA is from the Institute of Chartered Accountants, while ACCA is from the Association of Chartered Certified Accountants. Both qualifications allow for auditing and working with public and private companies. Despite similarities, there are differences in syllabus content and papers. ACA is seen as more prestigious and recognized in countries outside the UK. ACA focuses on practical and technical aspects, while ACCA is more technical. ACA requires work experience, while ACCA requires passing an exam. ACA is recognized in England, while ACCA is international. ACA is more suited for practice, while ACCA is more versatile. Both qualifications typically take 3 years to pass.
Summary
– Both ACA and ACCA are international certifications for chartered accountants.
– ACA is from the Institute of Chartered Accountants, while ACCA is from the Association of Chartered Certified Accountants.
– ACA and ACCA differ in syllabus and papers.