Avicihk
Badges: 3
Rep:
?
#1
Report Thread starter 2 years ago
#1
If you do, prepare for difficult exams that gives your ACCA and ACA contemporaries a clear unfair advantage, And ultimately gives you a poorer salary and lower job prospect than those qualifications.
0
reply
zeldusone
Badges: 10
Rep:
?
#2
Report 2 years ago
#2
(Original post by Avicihk)
If you do, prepare for difficult exams that gives your ACCA and ACA contemporaries a clear unfair advantage, And ultimately gives you a poorer salary and lower job prospect than those qualifications.
Unfair advantage? How so?
0
reply
Avicihk
Badges: 3
Rep:
?
#3
Report Thread starter 2 years ago
#3
With a Acca and aca you can skip ATT and the final application exam (the hardest exam) in the CTA qualification. Essentially you will get the CTA just doing 3 written papers and 2 smaller online tests (rather than 7 written papers in ATT-CTA) If u do ATT-CTA, you will have 1 or 2 foundation level exemptions in ACA and ACCA which is ********.

Exempting the application paper in CTA may sounds like it's no big deal. But you have to do all the CTA exams in 7 sittings (used to be 5 sittings) and I have met multiple people who never passed the last paper in my career. Some of them are very smart. It is also a paper that is based on luck. If you get a good question, you may pass. If you get a bad paper, you will never pass.

By exempting Acca and aca from the worst paper (and the easiest 3 ATT exams), the CIOT are giving them unfair advantage.

And if u have met anyone who did the Acca-CTA and aca-CTA, they would tell you CTA is way harder (even though they have been exempted from the hardest exam)

So, just make your life easier and don't do the ATT-CTA.
1
reply
shinytoy
Badges: 17
Rep:
?
#4
Report 2 years ago
#4
I did att-cta route a good few years ago. I love law and don't mind tax, hate accounting. Att was manageable. Cta...i failed like 3 times doing all 4 papers at once. I passed some but not all and you need all. You might think, why didn't I spread them over 4 years? Well you need all the study from awareness and the other two papers to pass the interaction paper. So it makes sense to do all and take your chances, plus the content changes each Nov so if you spread over two years you need to buy a whole new set of books.

I was around when the unfair aca-cta exemptions were beginning. I was so annoyed that my peers with academic could get cta by skipping out the hardest paper.

Cta requires everyone to have a prior professional qualification yet the pass rates for each paper are low like 30%

Aca does not require any prior qualification but the pass rates are 80%

So aca-cta route is much easier.

As a practitioner, att-cta does give you deeper more all round knowledge that your peers do not have. I don't think your client s will appreciate how much of a difference it makes
0
reply
accno1
Badges: 12
Rep:
?
#5
Report 2 years ago
#5
(Original post by Thomas4321)
The exemption is being dropped from 2018.

https://www.tax.org.uk/students-and-...its-exemptions
Does this mean if I have only passed 10/15 ACA exams by 31/12/2017 I will not get any CTA exemptions?
0
reply
min123321
Badges: 2
Rep:
?
#6
Report 1 year ago
#6
yes you will no longer get the exemption from the final cta exam, its a way to make it fair for everyone who is taking the examinations
(Original post by accno1)
Does this mean if I have only passed 10/15 ACA exams by 31/12/2017 I will not get any CTA exemptions?
0
reply
X

Quick Reply

Attached files
Write a reply...
Reply
new posts
Back
to top
Latest
My Feed

See more of what you like on
The Student Room

You can personalise what you see on TSR. Tell us a little about yourself to get started.

Personalise

Regarding Ofqual's most recent update, do you think you will be given a fair grade this summer?

Yes (228)
33.88%
No (445)
66.12%

Watched Threads

View All
Latest
My Feed