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Information on the ACCA Professional Insights

ACCA Professional Insights

ACCA Professional Insights: ACCA stands for the Association of Chartered Certified Accountants a leading international accountancy body. The ACCA qualification is recognised and is treated in other countries as being equivalent to their local qualification.Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA or FCCA). From June 2016, ACCA recorded that it has 188,000 members and 480,000 students in 178 countries. ACCA’s headquarters are in London with principal administrative office in Glasgow. ACCA works through a network of 100 offices and centres and more than 7,100 Approved Employers worldwide, who provide employee development.

The term ‘Chartered’ in ACCA qualification refers to the Royal Charter granted in 1974.

Chartered Certified Accountant is a legally protected term. Individuals who describe themselves as Chartered Certified Accountants must be members of ACCA and if they carry out public practice engagements, must comply with additional regulations such as holding a practising certificate, carrying liability insurance and submitting to inspections.

The Association of Authorised Public Accountants (AAPA), one of the British professional bodies for public accountants, has been a subsidiary of ACCA since 1996.ACCA works in the public interest, assuring that its members are appropriately regulated. It promotes principles-based regulation. ACCA actively seeks to enhance the value of accounting in society through international research. It takes progressive stances on global issues to ensure accountancy as a profession continues to grow in reputation and influence.

ACCA Professional Insights

An introduction to professional insights

The role of professional accountant contains many elements. Countless factors influence what we do.

Some strike at the heart of our profession, such as new technologies which change how we work today leaving us wondering where they will take accountancy in the future.

Others are more current, like new rules and regulations.

The ACCA Professional Insights team seeks answers to the big questions around being an accountant.  And we share our findings with you, in reports, at events and presentations, in videos and events.

Why, though, is this important? 

It is by asking critical questions and digesting the answers that we can really understand where our  profession is today – and where it is going.

What we uncover moulds global thought leadership, which helps shape and lead the profession.

From global economics to risk management, understanding the impact of a range of factors makes us all better placed to perform at our peak now, and in the future.

And what makes ACCA so well placed to do this?

We are uniquely positioned with a vast membership that spans over 180 countries. That puts a highly skilled network of professionals at our fingertips, feeding into our Insights work and giving it the depth and diversity that makes it relevant to people who matter.

Our findings are shared across the world with standard setters, policy makers and regulators, influencing discussions that impact on all our futures.

You might wonder how this helps you

We hope everyone who visits this professional insights area will find something that leaves an impression on them.

It could be an in-depth report that reveals something new, a fact or a quote that inspires you.

ACCA’s professional insights will help you think ahead, armed with knowledge that helps strengthen our profession today, and forms the foundations for tomorrow.

We want to know your thoughts too. Your feedback – to me or to any of the team – is always welcome.

Maggie McGhee, director of ACCA Professional Insights.

ACCA Professional Insights

ACCA stands for the Association of Chartered Certified Accountants a leading international accountancy body. The ACCA qualification is recognised and is treated in other countries as being equivalent to their local qualification.

brief history of ACCA:

ACCA traces its origin to 1904, when eight people formed the London Association of Accountants to allow more open access to the profession than was available through the accounting bodies at the time, notably the Institute of Chartered Accountants in England and Wales and the Institute of Chartered Accountants of Scotland. As of 2006, the goal of ACCA is to become the world’s largest global professional body.

The term ‘Chartered’ in ACCA qualification refers to the Royal Charter granted in 1974.

Chartered Certified Accountant is a legally protected term. Individuals who describe themselves as Chartered Certified Accountants must be members of ACCA and if they carry out public practice engagements, must comply with additional regulations such as holding a practising certificate, carrying liability insurance and submitting to inspections.

The Association of Authorised Public Accountants (AAPA), one of the British professional bodies for public accountants, has been a subsidiary of ACCA since 1996.

ACCA works in the public interest, assuring that its members are appropriately regulated. It promotes principles-based regulation. ACCA actively seeks to enhance the value of accounting in society through international research. It takes progressive stances on global issues to ensure accountancy as a profession continues to grow in reputation and influence.

ACCA Professional Insights

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