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The Institute's educational program is recognized for exemptions by: Association of Accounting Technicians (AAT) Association of Chartered Certified Accountants (ACCA) Chartered Institute of Management Accountants (CIMA) [1]
These 5,000+ AAT Licensed Accountants provide tax and accountancy services to over 500,000 small businesses and individuals in the UK. AAT members can claim a range of exemptions from ACCA, ICAEW, ICAS, CIPFA and CIMA examinations and vice versa.
Association of Chartered Certified Accountants (ACCA). (Exempt ACCA F1 to F9 papers for CMA passed finalist students & members who set the CMA relevant papers) [12] [25] [26] CPA Australia. [27] Chartered Institute of Management Accountants – CIMA (UK). Institute of Financial Accountants – IFA(UK). AIMA India. [28] CMA Canada now CPA Canada.
The Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (CCA). Founded in 1904, It is now the fourth-largest professional accounting body in the world, with 252,500 members and 526,000 student members.
The Chartered Institute of Management Accountants (CIMA) is the global professional management accounting body, based in the United Kingdom. CIMA offers training and qualification in management accountancy and related subjects. It is focused on accountants working in industry and provides ongoing support and training for members.
ACCA Association of Chartered Certified Accountants: United Kingdom: Member: CIMA Chartered Institute of Management Accountants: United Kingdom: Member: CIPFA Chartered Institute of Public Finance and Accountancy: United Kingdom: Member: ICAEW Institute of Chartered Accountants in England and Wales: United Kingdom: Member: ICAS
The institute is a member of the Consultative Committee of Accountancy Bodies (CCAB), formed in 1974 by the major accountancy professional bodies in the UK and Ireland. The fragmented nature of the accountancy profession in the UK is in part due to the absence of any legal requirement for an accountant to be a member of one of the many Institutes, as the term accountant does not have legal ...
On January 1, 2010, a new law, AB 138 (Chapter 312 of 2009), [5] took effect in California requiring all accounting firms providing accounting and auditing services to undergo a mandatory peer review. A peer review is a study of a firm's accounting and auditing work, performed by an unaffiliated CPA following professional standards.