There are a number of routes to qualify as an ICAEW Chartered Accountant. Training as an Associate Chartered Accountant (ACA) opens the door to a huge range of exciting opportunities in every sector of business and finance. The ACA qualification, offered by ICAEW, is an internationally recognised financial business qualification. The benefits of using a regulated chartered accountant.ICAEW regulation and the ICAEW Regulatory Board (IRB).Find out more about the regulation of accountants.They are required to hold a practising certificate and professional indemnity insurance if they offer professional services to the public. The title ‘chartered accountant’ and the letters ACA or FCA, however, indicates that the person has undertaken a minimum of three years in-depth training, passed a series of rigorous examinations in financial management, auditing, business strategy and taxation, and committed to continuing professional development to keep their skills up to date.Īlthough unqualified accountants are subject to the same laws as chartered accountants, ICAEW Chartered Accountants are bound by our Code of Ethics and subject to our disciplinary procedures. What is the difference between an accountant and a chartered accountant?īy law anyone can call themselves an accountant. Explore career profiles and more roles for chartered accountants.Large firms often have specialised departments in litigation support composed of qualified accountants. Investigations into commercial fraud, personal injury cases and civil cases often require the testimony of expert witnesses in accountancy. A job in corporate finance requires skills in negotiation with finance providers, lawyers, researchers and other key professionals. Work involves securing finance for company mergers, acquisitions, management buy-ins and buy-outs and capital reconstructions. Large firms often have specialised departments in corporate finance. Currently 43% of ICAEW members work in business. They can occupy roles such as finance director or fund manager. Firms vary in size from the sole practitioner to one of the Big Four multinational accountancy firms.Īccountants are often employed within an organisation using their financial knowledge and expertise to control the management of the business and to help it develop. Key areas in which chartered accountants work include:Ĭlose to 30% of ICAEW members work within an accountancy firm and provide a range of accountancy and tax services to clients, including business advice, management consultancy and audits.
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