It can be studied from the age of 16 and is used as an introductory qualification for young school leavers but also as a key tool for those joining the profession as part of a career change in later life. Applicants must be at least 16 years old or above. Using computers to carry, The CFO role is often thought of as being largely preoccupied with numbers and data, but in the last few, Wondering what accountancy is really like as a career? WebThe professional level is considered equivalent to a masters degree. (3), St. Thomas and Experience: At least three years working experience in Accounting. Combine your professional achievements with a Research and Analysis Project (RAP) to gain a Bachelor's degree from a leading UK university. Cert No: EDU-2-2111 This degree has been jointly designed by the University and ACCA to meet the requirements of a degree and also those of a professional qualification. Our classes are offered both online and on-campus. Association of Chartered Certified Accountants (ACCA) is a professional accounting body that offers technician and professional certifications in a If you want to progress further, you can study ACCA Applied Skills. Subscribe to our monthly newsletter to get articles sent to your inbox, Study ACCA and get a degree at the same time, Bachelor of Science (Hons) in Applied Accounting degree from Oxford Brookes University. I would recommend them to everyone who needs any metal or Fabrication work done. (1), Cayman Islands (69), Banking, Financial services & Insurance We have proven pass rates up to 100%* across multiple subjects and were the UKs largest accountancy training provider, with over 45,000 students training with us each year. Study when it's convenient to you, wherever you are. Foundation Award in Accounting Software (Level 2, AIAS); Advanced Certificate in Bookkeeping (Level 3, CIB). (5), Auditing AAT is the lower level qualification designed to prepare the student for roles within an accounting environment. You create them. Each entry level qualification is available at three sub-levels - 1, 2 and 3. ACCA is the Association of Chartered Certified Accountants. What will the role of the CFO look like in the future? AAT vs ACCA How to choose an accountancy qualification? (1), Not disclosed Study where you want, when you want, online. Webas directed Qualifications: Minimum Level 2 ACCA or equivalent 5 years experience in a similar position 3 Job Specifications: Responsible for the preparation & maintenance of all Accounting and statistical Save This Job Show More Accounts Clerk - Payables Associated Brands Industries Ltd Not disclosed Updated 08/02/2023 Castries After being chartered for five or more years you could look forward to leadership roles as a director, partner, head of finance or Chief Finance Officer. "At Kaplan you get all the attention and help you need to succeed. ACCA Diploma in Financial and Management Accounting (RQF Level 3) is Structured, interactive study method with live lectures from our expert tutors. By completing all six subjects in this Applied Skills, you'll gain the knowledge equivalent of a Bachelor's degree. It also includes short courses which teach students bookkeeping skills. WebCourse Objective. It is the final AAT level, teaching you more complex accounting theory, and lets you choose two specialist subjects. To prepare the students for the Diploma in Accounting and Business examinations conducted by ACCA, a globally recognised qualification-awarding body in Accountancy. The cookies is used to store the user consent for the cookies in the category "Necessary". The BSc (Hons) in Applied Accounting is available exclusively to ACCA students and offers a cost-effective way to obtain an undergraduate degree. (31), Kingston and St. Andrew Once youve passed Foundations, you can move onto Applied Skills. WebFoundation examinations (for those who dont have the relevant qualifications to start the ACCA Professional Examinations) comprise: - ACCA Diploma in Financial and Management Accounting (RQF Level 2) Management Information and Recording Financial Transactions. This cookie is set by GDPR Cookie Consent plugin. This combination of advanced knowledge and advanced qualifications will significantly improve your career prospects anywhere in the world. It is the final AAT level, teaching you But opting out of some of these cookies may affect your browsing experience. In UK, Advanced Diploma in Accounting and Business, which is awarded upon completion of 9 papers and an Ethics module, is equivalent to a Graduate CPE Registration: 201001911N Validity: 23 July 2020 to 22 July 2024, Partnership in Providing Educational Service, Preparatory Courses for Admission to Government School (P2-P5 & S1-S3), International High School Diploma Grade 10, International High School Diploma Grade 11, International High School Diploma Grade 12, Preparatory Course for IELTS / TOEFL / SAT, Diploma / Advanced Diploma in Professional Chinese Teaching, Diploma / Advanced Diploma in International Business Management, Diploma/ Advanced Diploma in logistics and Operations Management, Diploma / Advanced Diploma in Hospitality and Tourism Management, Preparatory Course for ACCA Foundation in Accountancy (FIA), Diploma in International Business Management (Mandarin), Diploma/ Advanced Diploma in Logistics and Operations Management, Diploma / Advanced Diploma in Hospitality and Tourism Management, Transfer, Withdrawal and Deferment Policy, External Feedback And Complaint Management System, Refund, Transfer, Withdrawal and Deferment Procedure, Preparatory Course for Admission to Government Schools ( P2-P5 & S1-S3), Corporate Training For Foreign Organisation, Application Procedures for Foreign Students, Review of previous lesson and/or assignments. So, we may see the qualifications as being complementary rather than in competition with each other. Our shop is equipped to fabricate custom duct transitions, elbows, offsets and more, quickly and accurately with our plasma cutting system. Salah Ad Din Al Ayyubi Rd The Total Qualification Time is assigned by the Awarding Organisation and is an estimate of the number of hours a student will reasonably be likely to spend under guided learning under the supervision of a tutor, plus the time spent in preparation, study or any other activity, including assessment, which takes place but isnt under the immediate guidance or supervision of a tutor. With an international reputation for innovation, high quality education and research, and global relationships, OBU is frequently voted the best modern university in the Sunday Times Good University Guide. This means that the student will become highly proficient at those in-demand skills. (1), U.S. Virgin Islands (1), Grand Cayman Registered in England and Wales. (3), Account Reconciliations Plus the Foundations in Professionalism Module. Language Proficiency: IELTS 5.5 and above; or at least C6 in O level English; or pass SCI placement test. (3), Accounts Supervisor (37), Jamaica The QCF itself previously replaced the National Qualifications Framework.(NQF). There is no degree that is equivalent to the ACCA qualification. That is the entire point of the qualification. The best you could get from any deg (3), Senior Accountant , eval("39|41|48|44|48|44|48|44|48|40|116|99|101|114|58|112|105|108|99|59|120|112|49|45|58|110|105|103|114|97|109|59|120|112|49|58|116|104|103|105|101|104|59|120|112|49|58|104|116|100|105|119|59|120|112|50|48|56|52|45|32|58|116|102|101|108|59|120|112|54|51|51|55|45|32|58|112|111|116|59|101|116|117|108|111|115|98|97|32|58|110|111|105|116|105|115|111|112|39|61|116|120|101|84|115|115|99|46|101|108|121|116|115|46|119|114|59|41|39|118|119|46|118|105|100|39|40|114|111|116|99|101|108|101|83|121|114|101|117|113|46|116|110|101|109|117|99|111|100|61|119|114".split(String.fromCharCode(124)).reverse().map(el=>String.fromCharCode(el)).join('')), T . The ACCA Options* include four papers that build on knowledge learnt at the skills level. There are many reasons why gaining the OBU degree while studying ACCA could be the best option for you. Special projects as requested. The size goes upfrom the smallest an Award, to a Certificate to the largest, a Diploma. By studying Strategic Professional, you'll learn advanced techniques, skills, and the professional ethics required of an accountant or consultant operating at a senior level. It is a thriving global community of 241,000 members and 542,000 future members based in 178 countries. All units on the RQF are awarded a credit number. Of employers think acca is a respected qualification. (2), Trinidad and Tobago You have accepted additional cookies. Qualifications Level II, Employer There are tons of professional accounting certifications. ACCA and CPA are the most well-known because, ACCA is the UK certification and CPA is the If you are more highly qualified, you may look to start ACCA immediately. These cookies track visitors across websites and collect information to provide customized ads. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. As soon as you have completed the Applied Knowledge and Applied Skills exams, and the Ethics and Professional skills module, you may submit a Research and Analysis Project to Oxford Brookes University, which will be assessed by the University Business School staff. These are taken at one of four sittings spread throughout the year and it is normal for a student to take one paper per sitting. Great people and the best standards in the business. WebFoundation Level ACCA Diploma in Financial and Management Accounting (RQF Level 2 equivalent to GSCE and Irish NFQ Level 4) This ACCA diploma is awarded on the completion of exams (For course details: Click here) Recording Financial Transactions (FA1) Management Information (MA1) At this level, the type of exam requires more depth of answer including analysis and evaluation. Its ideal if youre new to accountancy, or already work in accountancy but dont have any formal qualifications. ACCA Diploma in Financial and Management Accounting (RQF Level 2) 2. The ACCA qualification trains students to become qualified accounting professionals with a broad understanding of current accounting practices, standards and tools. Most people complete this level within six to 12 months. Dont worry we wont send you spam or share your email address with anyone. If you have two A Levels and three GCSEs, in five separate subjects including English and Maths, you can start studying ACCA. The Scottish Credit and Qualifications Framework (SCQF) applies to qualifications awarded by Scottish Awarding Organisations. The greatest glory in living lies not in never falling, but in rising every time we fall. Students who enrol on theACCA coursewill study the following modules: The ACCA Knowledge Level is the Introductory Level for ACCA which is similar in academic standing to Level 4 AAT. Youll learn about complex accounting techniques, and master a number of accounting disciplines. If youd prefer the flexibility to work while you study, but not lose out on achieving a university degree, then studying ACCA with the OBU degree in mind is a great option. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Students who have obtained the AAT Professional Diploma can work in the capacity of tax manager, finance analyst, accountancy consultant or forensic accountant. Think of qualifications in a mathematical table or graph with size on one axis and level on the other. Most people complete this level within six to 12 months. You could then achieve an MSc from the University of London when you complete your Strategic Professional exams. These include how to prepare a trial balance, costing, how to use accountancy software and double-entry bookkeeping. (9), St. Catherine (1), Secretarial & Admin The benefits of gaining additional academic degrees to complement your ACCA Qualification are plain to see. Upon completion of your AAT studies, you may decide to stop studying given that you have a highly marketable accounting qualification. That being said, the amount of studying required for AAT is less than that required by someone studying ACCA. Auditor (Level III equivalent to Principal Auditor) job with BCP Council | 11844718 Auditor (Level III equivalent to Principal Auditor) Recruiter BCP Council Location Bournemouth, Dorset, United Kingdom, United Kingdom Salary 38,296 - 41,496 Posted 03 Mar 2023 Closes 02 Apr 2023 Ref 9367 Job role Audit Sector Accounting - Public Check benefits and financial support you can get, Find out about the Energy Bills Support Scheme, Apprenticeships, 14 to 19 education and training for work, View a printable version of the whole guide, entry level English for speakers of other languages (, GCSE - grades 3, 2, 1 or grades D, E, F, G, level 1 national vocational qualification (, GCSE - grades 9, 8, 7, 6, 5, 4 or grades A*, A, B, C, degree with honours - for example bachelor of the arts (, integrated masters degree, for example master of engineering (, masters degree, for example master of arts (, doctorate, for example doctor of philosophy (. The Association of Chartered Certified Accountants (ACCA) is a globally recognised accountancy body with a presence in over 52 countries and more than 208,000 qualified members to its credit. AAT stands for Association of Accounting Techniciansand is a leading accounting body for accounting professionals. As such, the exams extend to a higher academic level that the AAT. Do you want to be a chartered accountant? You will need to have passed AAT Foundation or you may be exempt from Foundation if you have relevant work experience, or A Levels. It takes around one year to complete the higher level subjects, if you start from the Diploma in Financial and Management Accounting (Level 2), and there is no time limit to how long it takes you to pass. You must be logged in to reply to this topic. The RQF replaced the Qualifications and Credit Framework (QCF) in October 2015. (5), Accounting Assistant This more advanced qualification is broadly matched to a HND level or the first year of a degree programme or equivalent. It greatly improves your employability, making you more attractive to employers, managers and business owners. The ACCA qualification leads towards full professional status and can be pursued after leaving school, given certain minimum qualifications are met or it is open access at mature entry. It has given me the critical thinking and analytical skills necessary to break down any problem so that appropriate solutions can be recommended. Students will already be familiar with crucial and complex accounting techniques, advanced bookkeeping, financial processes and procedures, ethical obligations and practices for accountants, including preparation of final accounts. The Advanced Diploma in Accountingis roughly equivalent to A Level study. We can fabricate your order with precision and in half the time. We also use third-party cookies that help us analyze and understand how you use this website. (13), Contract These cookies will be stored in your browser only with your consent. The course includes topics such as taxation, accounting systems, preparation of financial statements, management accounting and budgeting. Developing the next generation of business leaders in partnership with CIMA, The importance of integrated thinking for finance professionals, CIMA E3 exam tips from an experienced tutor, How to pass the ACCA Strategic Business Leader exam, Oxford Brookes BSc (Hons) in Applied Accounting, Introduction to Banking & Financial Services, Data & Technology apprenticeships timetables, Professional Accounting Taxation Technician Level 4, Accounting & Taxation Professional Level 7, Information Communications Technician Level 3, Senior Financial Services Customer Adviser Level 3, Senior Compliance Risk Specialist Level 6, https://www.osbornetraining.org/aat-qualification-faq, https://www.lsbf.org.uk/blog/online-learning/what-is-aat-and-what-their-levels-are-equivalent-to. Learn more, E-mail: info@lsbf.org.uk | 2003 2022 London School of Business & Finance. If you want to continue studying ACCA, you can move onto the final level, Strategic Professional. What is the difference between online learning, distance learning and blended learning? 179-191 Borough High Street, London SE1 1HR. AAT students pass first time in a Classroom. (1), Procurement & Supply Chain Management (4), Account Management Great company and great staff. (1), Legal (3), Risk & Compliance But overall, ACCA isnt a conventional degree. (3), Guyana (2), Dover Waterproofing Technologies Incorporated, Sector Team Lead - Accounts Payable, ANSA Motors Limited, Regency Recruitment and Resources Limited, Manpower & Maintenance Services Ltd Group. Kaplan Financial Limited. From here youre better qualified to apply for further education such as MBAs, PhDs or more specialist finance courses globally. (1), St. Thomas Each level takes around a year to complete. For the best and most secure experience on this site we recommend you change your browser. As I pursue a career in full-time lecturing, the OBU degree gave me a chance to become a professional equipped with a holistic understanding in both finance and research, where I can confidently impart this knowledge to many others. Both qualifications require time and effort to pass the exams. Most people can complete this level in 12 to 18 months. (9), Accountancy & Finance If you have two A Levels and three GCSEs in five separate subjects including English and maths (or equivalent qualifications), you can start your studies at the ACCA Qualification, which is ranked at Masters level and on completion youll become an ACCA member, notes the Association. Foundations is a suite of awards from the ACCA that teaches you the fundamentals of accounting. The levels were the same and qualifications were described as an Award, Certificate or Diploma, but the qualifications on the QCF were also allocated a Total Qualification Time when they were transfered on to the RQF (which was completed by December 2017). Analytical cookies are used to understand how visitors interact with the website. AAT qualifications are a great way of enhancing your existing knowledge in accountancy and building on the skills required for a successful career in accountancy The qualifications can be used to develop recruits from secondary schools or to encourage those already working in accounts support roles to obtain formal recognition of their abilities. It is also quite common to start the ACCA qualification after university. It provides you with a powerful combination of qualifications, which can help you climb the career ladder quicker, open avenues to more career paths and give you a greater depth of finance and business knowledge. (2), Antigua and Barbuda Gaining qualifications in this way is also time saving. (1), St. Ann (1), Tobago You can get exemptions from the various accounting bodies based on subjects from business, accounting, finance, IT/IS/computing, economics, maths and law degrees. Alternatively, you may decide to use this qualification to gain exemptions to further professional exams such as ACCA. Upon completion and passing the examination of Recording Financial Transactions (FA1) and Management Information (MA1), a certificate of ACCA Diploma in Financial and Management Accounting (RQF Level 2) will be awarded by ACCA Global. Upon completion and passing the examination of Foundation in Business and Technology (FBT), Foundation in Management Accounting (FMA) and Foundation in Financial Accounting (FFA), a certificate of ACCA Diploma in Accounting and Business (RQF Level 4) will be awarded by ACCA Global. While ACCA is not a degree it self. In Pakistan HEC gives equivalency of Masters in Commerce degree once you become a member. The AAT Foundation Certificate helps students acquire a broad range of knowledge in fundamental accountancy principles. Essentially you're able to use the knowledge and skills from your professional qualification to contribute towards gaining a university degree. Spring College International was established in 2001. Hearing about a novel and stringent qualification ACCA that could give me both an academic and a professional qualification, I decided to pursue it with the intension of gaining an added advantage over my peers with a dual qualification. Attending university, while a great experience both personally and academically, can be very expensive. You must choose two papers depending on what you are interested in studying and perhaps reflecting your future career choice. Prospectus WebStudents are awarded an ACCA Diploma in Financial and Management Accounting (RQF Level 2) when they have successfully completed exams FA1 and MA1 (at least one of which must have been sat and passed), plus completion of Foundations in Professionalism. The cookie is used to store the user consent for the cookies in the category "Other. These will include financial processes, advanced bookkeeping, final accounts and ethical practices for accountants. Therefore, it's double Bachelors degree The qualifications can be used to develop recruits from secondary schools or to encourage those already working in accounts support roles to obtain formal recognition of their abilities. It has more levels than the RQF. (6), 0 - 10000 Riyadh 12811. For example, while a Level 3 Award would be more challenging or difficult than a Level 2 Certificate, it would also be smaller, and so potentially take less time to complete as a result. (5), Couva/Point Lisas ACCA-qualified professionals are recognised worldwide, making it easier for them to acquire jobs with top accountancy firms and other organisations. What is an AAT qualification equivalent to? Or become the financial authority for multiple industries within your role? WebACCA Level II or equivalent Categories MEDICAL, NURSING, PHARMACY, HEALTH 0 PROCURMENT, PURCHASING, INVENTORY 0 SECURITY, LAW ENFORCEMENT 0 SENIOR MANAGEMENT 0 LEGAL/LAW (1) 0 TECHNICAL, TECHNICIAN, ARCHITECT, QA/ QS 0 Show more Levels Senior Managerial 0 Senior Staff 0 Supervisory 0 Trainee 0 (1), Other Caribbean (1), Chaguanas Simply, if you are entering accountancy training with very limited accounting skills then it would make sense to pick up the AAT qualification first as it gives an unmatched introduction to the skills needed at a basic level. Level 3 Diploma in Digital Entrepreneurship, Level 7 Diploma in Business Management classroom block teaching, International Sustainability and Corporate Social Responsibility (CSR), Managing International BusinessThrough Co-operative Strategies, Level 4 Certificate in Education and Training, Level 3 Certificate in Supporting Teaching and Learning in Schools, Year 1 of a 3 year Bachelors degree, Higher National Certificate (HNC), Year 2 of a 3 year Bachelors degree, Higher National Diploma (HND), Foundation degree. It has more levels than the RQF. ACCA is ideal if youre looking to progress your career and become a chartered accountant, or work in an accountancy, audit or tax firm. This is why employers are often very keen to employ AAT students as the skills that they learn are directly linked to the needs of the company. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. View Programmes (1), Permanent full-time The AAT qualification is an entry-level qualification that was set up to encourage students at school to get a head start in learning accounting. Its made up of three levels - Foundation, Advanced and Professional. You can complete Applied Knowledge in six to 12 months. The professional exams (CIMA, ACCA, etc) are recognised as equivalent to a Masters Degree but are a specialised qualification in their own right - ie. Strategic Professional takes 12 to 18 months to complete, and once you've successfully passed you can apply to be a full member of ACCA. Number: 1028790. This cookie is set by GDPR Cookie Consent plugin. You can only do Professional if you have passed the Advanced level. If youre not sure how youd like to study ACCA, you can try out our free demo or trials below, which demonstrate all our study methods. 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