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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.
Passing A-Levels is the major requirement for applying for local universities. This exam is very competitive, where students have to study college 1st-year and 2nd-year material and pass it to get college admissions. The tough nature of the examination is due to the government funding all the college students.
Initially, it only included final year exams but since 1997 has covered all exams for which grades are allocated. The table allocates 5 points for a First Class degree, 3 points for an Upper Second (known also as a 2.i), 2.5 points for a Second Undivided (A second class degree that is not divided into Upper or Lower), 2 points for a Lower Second (a 2.ii), 1 point for a Third and no points for ...
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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 ...
In 2013, holders of Association of Chartered Certified Accountants (ACCA) and CPA Australia have until 31 December 2016 and existing students have until 31 December 2018 to complete the ICPAS PAC and qualify for the "Chartered Accountant of Singapore" professional designation through the previous transitional arrangements. [22] [23] [24]
College entrance exam may refer to any standardized test which is needed in order for one to be considered eligible for application by a post-secondary institution, such as: SAT Reasoning Test, in the United States; ACT, also in the United States; CLT, also in the United States; The Hong Kong Diploma of Secondary Education, in Hong Kong
ICAI is the second largest professional accounting body in the world in terms of number of membership and number of students after the AICPA. [7] It prescribes the qualifications for a Chartered Accountant, conducts the requisite examinations and grants Certificate of Practice.