Do u need 3 years experience to be qualified as a chartered accountant after finishing acca?
or does working and studying count
Careers & Employment - 1 Answers
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Answer 1 :
In order to become a fully qualified chartered accountant you need to do two things. Firstly you need to pass all of the exams of the chartered accountancy institute for whose exams you are studying. In the case of the ACCA this means passing 14 exams. Secondly, you need to gain three years practical accountancy experience within an organisation which has been registered as suitable by your chosen accountancy institute. You can obtain this work experience while you are studying for the exams or, in the case of the ACCA, after you have completed all of the exams. The important point to note is that the work experience must be relevant and you will need to fill in an ACCA training diary which may need to be submitted to the ACCA when you apply for full membership. This is needed so that the institute can verify that you have obtained all the necessary training you need in order to be able to describe yourself as a qualified chartered accountant. In summary, therefore, any relevant accountancy work that you have completed while studying for your exams will count towards your three years practical experience if it has been undertaken within the offices of an employer registered by the ACCA.
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