Take a look at some useful information on our Accounting course from one of our tutors, Laura Marshall.
How to become a Chartered Accountant
The main route to becoming a Chartered Accountant is to complete a professional body qualification. There are a number of these available but the main three are
- ICAEW ACA Professional Qualification
- ACCA Professional Qualification
- CIMA Professional Qualification.
What's the difference?
Both ACA and ACCA predominantly focus on Financial Accounting, whilst CIMA predominantly focuses on Management Accounting. Each of these pathways will involve not only passing exams but also completing a number of practical work experience days, effectively fully training you to become a professional Chartered Accountant.
Choosing which pathway to follow will depend on your future career goals, so it is key to fully research each of the professional bodies to see which qualification will suit you best. The route to become a Chartered Accountant is challenging and demanding, yet that being said, achieving it means that you will become a highly sought after and valued professional, with a qualification that is recognised worldwide, hopefully giving you lots of opportunities in the future.
Why study Accounting at Pearson Business School?
One of the main benefits of studying Accounting with us at Pearson Business School is that our BSc/MSci Professional Accounting Business courses are accredited with both ACCA and CIMA, meaning you’ll have a great head start to becoming a chartered accountant.
Our accreditation with ACCA means that when you study on our undergraduate degree programme, you will be exempt from the first 9 ACCA exam papers or you will be fully exam qualified with ACCA if you study the MSci postgraduate programme.
With our CIMA partnership, this means that our Professional Accounting in Business graduates are provided with a quicker advanced route to the CIMA Professional Qualification and the CIMA global professional designation of Chartered Global Management Accountant (CGMA). If you choose to study the BSc programme, you will be able to apply for 10 exam exemptions for the CIMA Professional Qualification, leaving only 6 exams to take before obtaining the qualification or 11 exemptions, which means just 5 exams to sit if you choose to complete the MSci postgraduate programme.
Not only do we have a strong associations with professional accounting bodies, we also have great industry links which means that you’ll get lots of extra events, such as industry workshop days, a guaranteed paid accounting internship (subject to academic performance), opportunities to build your professional network and compete in business challenges, whilst studying with us. Lastly, one of the key things that makes our programme different is that you will be taught by Chartered Accountants, who are able to share their experiences with you and really bring the technical content to life.
How do our Accounting students get real-world experience?
Our accounting students get to work with real start-ups to help them to develop their businesses. This means that our students are able to learn about business as it really is, and to see how the technical theory they have studied as part of their accounting programme modules is applied in business. These placements are arranged in addition to the guaranteed internship, and provides another opportunity for our students to seek out and build their professional network and gain valuable work experience. Both our students and the owners/employees of these start-up companies have found working together to be extremely rewarding and beneficial, making these projects a great addition and benefit to studying on our industry focused accounting programme.
CIMA Accounting Scholarship
All students who apply for our BSc/MSci Professional Accounting in Business degree and pass a Professional Workshop by 28th February 2018 will be considered for our CIMA scholarship, which will allow one student to receive the first year of their tuition fees paid in full. This scholarship is awarded to a talented student to help them realise their ambition of becoming a professional accountant. The recipient will also receive a certificate from the Chartered Institute of Management Accountants (CIMA) to recognise their achievement.