Tax786
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#1
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Hi,

I need some help on a problem that I've been having recently and was hoping someone here would be able to help. I am currently studying for ACCA exams funded through my own income. Only sat one exam so far and haven't had the result. I've also had an offer from one of the big 4 which is great but obviously they prefer ACA however they do give me the option to continue with my ACCA studies.
My question is would it be detrimental to me to be ACCA chartered rather than ACA in a big 4 firm in terms of being promoted etc? Obviously I'd lose the amount I've paid for the exams already if I leave my ACCA exams to study ACA but that is not too big an issue in the scheme of things. Also it may be useful to know I plan on being CTA qualified later too.

Many thanks for any help,
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natninja
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(Original post by Tax786)
Hi,

I need some help on a problem that I've been having recently and was hoping someone here would be able to help. I am currently studying for ACCA exams funded through my own income. Only sat one exam so far and haven't had the result. I've also had an offer from one of the big 4 which is great but obviously they prefer ACA however they do give me the option to continue with my ACCA studies.
My question is would it be detrimental to me to be ACCA chartered rather than ACA in a big 4 firm in terms of being promoted etc? Obviously I'd lose the amount I've paid for the exams already if I leave my ACCA exams to study ACA but that is not too big an issue in the scheme of things. Also it may be useful to know I plan on being CTA qualified later too.

Many thanks for any help,
If you can get some exemptions definitely take ACA as it's very much the gold standard in the UK, continue with the ACCA if you want to go abroad though as it has more international recognition. Depending which big 4 you're going to they may let you do ACA/CTA where you get done exemptions in both.
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Tax786
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Report Thread starter 3 years ago
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(Original post by natninja)
If you can get some exemptions definitely take ACA as it's very much the gold standard in the UK, continue with the ACCA if you want to go abroad though as it has more international recognition. Depending which big 4 you're going to they may let you do ACA/CTA where you get done exemptions in both.
I do think I get some exemptions but not nearly as many as I do for ACCA. I was also thinking about the ACA.CTA route. The only downside to doing ACA is the financial side for me but I wouldn't want that to hold me back in the long run. Thanks for the advice
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M1011
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I'm relatively certain the only people that think it actually matters are students. Both make you a qualified accountant.

Where you train is far more important than ACA vs ACCA. That's why people generally (and wrongly IMO) think ACA is superior, as those training at the big 4 train for the ACA as the firms have their deal signed with ICAEW.

I think prospects would be identical for a big 4 trained ACCA vs big 4 trained ACA.
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Tax786
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(Original post by M1011)
I'm relatively certain the only people that think it actually matters are students. Both make you a qualified accountant.

Where you train is far more important than ACA vs ACCA. That's why people generally (and wrongly IMO) think ACA is superior, as those training at the big 4 train for the ACA as the firms have their deal signed with ICAEW.

I think prospects would be identical for a big 4 trained ACCA vs big 4 trained ACA.
Yes that's what I was thinking too. I gave them a call and they said it wouldn't be a disadvantage in any way, so I may just go ahead with ACCA.
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