scottish_student
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#1
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#1
Are you able to gain both of the accountancy body professional qualifications or must you only pick one?
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Illusionary
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#2
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I don't think there's anything to stop you - in fact, being a member of one institute may well give you a vastly accelerated route to a qualification with another, if you want it: http://www.icaew.com/index.cfm/route...thwaystotheACA

I'm not so sure that there's any great benefit to multiple similar qualifications / memberships such as this, however. It would be different for say, ICAEW + CTA (Chartered Tax Advisor) where the two finance-based qualifications address substantially different specialisms.
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456789
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If you do one then you should get exemptions from the other

But if you have ACA there is no real advantage to having CIMA aswell

btw as you are scottish shouldn't you be doing ICAS :P
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Illusionary
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(Original post by 456789)
If you do one then you should get exemptions from the other

But if you have ACA there is no real advantage to having CIMA aswell

btw as you are scottish shouldn't you be doing ICAS :P
Being Scottish doesn't mean you have to be with ICAS - it'll depend on the firm's policy. I'm not Scottish, but I'm in the second year of my CA (ICAS qualification) training contract! :p:
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456789
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I know that you don't have to be scottish to do it

though most firms in Scotland tend to do it over ACA
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theis
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wait a second, having done 3 years of exams for an accountancy qualification on what possible basis would you ever consider doing another. Are you insane?
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456789
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Usually you only have to sit a few extra exams as you have exemptions from most of them and you usuaully already have all the work experience that you need
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love2learn
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#8
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From an employment perspective though, I'm under the impression that a job would specify chartered accountant, but wouldn't say CIMA instead of ACA, so I'm not sure what the benefit would be.
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Guru
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#9
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(Original post by theis)
wait a second, having done 3 years of exams for an accountancy qualification on what possible basis would you ever consider doing another. Are you insane?
Precisely - it's just a complete waste of time and adds no value, unless you finish the ACA and decide that being a management accountant is what the rest of your life is going to be about; as ACA doesn't cover this extensively.
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Mochamoo
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#10
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Employers in industry look for ACCA or CIMA, Only accountancy practices are interested in ACA unless of course you are aca qualified leaving a practice and want to work in Industry in Audit then you will be highly sought after.

So in imo yes doing you CIMA is highly beneficial it will cover alot of stuff ICAEW doesnt and the practical is completely different.
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psl89
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#11
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with the CIMA, you can get an 'accelerated route' or if you prefer,some exemptions to obtain the ACA qualifications.
But from ACA to CIMA, you have to check CIMA's website.
Having both,doesnt hurt
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royalmariner159
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#12
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(Original post by psl89)
with the CIMA, you can get an 'accelerated route' or if you prefer,some exemptions to obtain the ACA qualifications.
But from ACA to CIMA, you have to check CIMA's website.
Having both,doesnt hurt
can a person obtain both icaew and cima? pls let me know
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