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ACCA and the local statutory accounting body Institute of Chartered Accountants of Pakistan (ICAP) offer partial recognition of each other. The Higher Education Commission (HEC) of Pakistan recognises ACCA members qualifications as equal to master's degree in Commerce (MCom). ICAP also awards some exemptions to ACCA affiliates.
Association of Chartered Certified Accountants (ACCA) grants exemptions in five papers (F2, F3, F4, F5 &F7) to PIPFA affiliate and members. [ 1 ] Chartered Institute of Public Finance and Accountancy ( CIPFA ) grants Direct route to CIPFA membership for members of the Pakistan Institute of Public Finance Accountants(PIPFA).
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 ...
Through partnerships with the international professional institutions, CMA Sri Lanka passed finalist and members who followed without getting exemptions for the CMA examination subjects can obtain other related professional qualifications. [11] Association of Chartered Certified Accountants - ACCA (UK) awards F1 to F9 subjects exemptions. [12]
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 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]
Bachelor of Business Administration (Accounting) Degree Programme offered by the Zambian Open University was in January, 2020 accredited by the Association of Charted Certified Accountants (ACCA). In this regard ACCA members will be offered Exemptions in order to obtain a Degree in Bachelor of Business (Accountancy) offered by ZAOU.
The Association of Chartered Certified Accountants (ACCA) has granted “Exemption Accreditation” to the college. Exemption Accreditation means ICCI graduates are exempted from certain examination papers ordinarily required by the ACCA. ICCI is recognized by the Cayman Islands Education Council which gives credence to its degrees.