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CFA entry requirement after ACCA? - Printable Version

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CFA entry requirement after ACCA? - Odyssee - 07-21-2009

exactly how many years of education is an ACCA Affiliate equivalent to so as to register in CFA?
Can one enrol in CFA after clearing the Fundamental level of ACCA?
Is it necessary for an ACCA Affiliate to get the BSc frm Oxford Brookes in order to register in CFA?


- Odyssee - 07-22-2009

anyone...?


- hanifasif - 07-23-2009

CFA Program Entrance Requirements
Become a candidate
1. Fulfill the entrance requirements. At the time of enrollment you must
Have a U.S. bachelor’s (or equivalent) degree
Or be in the final year of your bachelor's degree program
(Note education information must be updated before progression to Level II)
Or have four years of qualified, professional work experience
Or a combination of work and college experience that totals at least four years.
Note summer, part-time, and internship positions do not qualify)

Meet the professional conduct admission criteria (during the application process, you will be asked to sign statements of Professional Conduct and Candidate Responsibility).
Be prepared to take the exams in English.




You may if you could provide some evidence of study-work exp that totals 4 years or else you must have your Bachelor's. Part qualified ACCA + some work exp may help you to get admission.


http//www.cfainstitute.org/cfaprog/charterholder/program/program_require.html




- Odyssee - 07-23-2009

is ACCA equivalent to US Bachelor's for the purpose of enrollment in CFA Program?


- hanifasif - 07-23-2009

It may not be equivalent (technically), but it is one of the qualifications that is accepted for enrolling for American qualifications like CIA, CMA, CPA and CFA. The ACCA (affiliates or members) are also entitled to claim exemptions from Part 4 and Part 1 of CIA and CMA exams respectively.


- rabia-k - 07-23-2009

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by hanifasif</i>
<br />It may not be equivalent (technically), but it is one of the qualifications that is accepted for enrolling for American qualifications like CIA, CMA, CPA and CFA. The ACCA (affiliates or members) are also entitled to claim exemptions from Part 4 and Part 1 of CIA and CMA exams respectively.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

are you sure its accepted by cpa(AICPA)? where can i get more info on this?


- Toronto_Boy - 07-24-2009

Small correction...

ACCA exams/courses are not recognized to satisfy educational requirements to sit for CPA exams from any State Board of Accounting EXCEPT Colorado State. Even with Colorado, after passing all sections of CPA exam, a candidate needs to satisfy working experience under Licensed CPA, to apply for Colorado license. Moreover, Colorado is one tier State, means does not give even a certificate if all requirements are not satisfied.

Conclusion An ACCA can sit for CPA exam through Colorado, but could not get any thing (i.e. neither certificate nor license) if he/she does not satisfy experience requirements under US licensed CPA. Following hyperlink has all State Boards of Accounting listed and their specific educational, experience, all other requirements.

http//www.aicpa.org/yellow/ypsboa.htm

I hope it helps...

Regards