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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.
ACCA was a sponsor of the AAT before breaking its links in the mid-1990s in order to form the CAT qualification. [1] The rationale behind this move was that it wanted a technician level qualification which followed the same strategic direction of the ACCA qualification, i.e. one with an international profile.
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
Accounting, also known as accountancy, is the process of recording and processing information about economic entities, such as businesses and corporations. [1] [2] Accounting measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. [3]
AAT members can claim a range of exemptions from ACCA, ICAEW, ICAS, CIPFA and CIMA examinations and vice versa. Many AAT students go on to study for Chartered status with one of the Chartered bodies with approximately 30% of Chartered body membership comprising those who began their studies with AAT.
The London Chamber of Commerce and Industry (LCCI) is London’s key hub for the city's business community. It supports its members’ businesses through a range of services, advocates on behalf of London’s business community in important forums of policy debate, and promotes ‘Global London’ as the best city for doing business, whether it's for trading, investing, learning, or finding ...
LCCI aims to represent its members and contribute to the nation's economic development through the promotion of trade and industry. LCCI acts as a bridge between the government and the business community. It plays an important role in policy formulation by maintaining a constant interaction with the relevant authorities.
The convergence of accounting standards refers to the goal of establishing a single set of accounting standards that will be used internationally. [1] Convergence in some form has been taking place for several decades, [2] and efforts today include projects that aim to reduce the differences between accounting standards.