Does ACCA have the right to sign abroad?

<>I must talk about the right to sign, many people think that it is a terrible thing to not have the right to sign, but in fact it is not. The right to sign refers to the right to sign the audit report, which is only used by people who are engaged in the audit industry and have achieved certain positions, such as managers and partners. Most of the finance and accounting talents work in the industrial and commercial fields and do not need any signing rights.

For example:1The financial analysis of the enterprise does not require the right to sign.

2.The financial manager, accounting manager, tax manager, etc. of the enterprise does not need the right to sign.

3.Non-manager auditors in the firm are not required to sign the audit report.

4.Tax, consulting, etc. in the firm do not need to sign.

5.General financial personnel in the enterprise do not need the right to sign.

Therefore, the right to sign is only applicable to some practitioners in the field of auditing in the five branches of accounting (financial accounting, management accounting, financial management, taxation, and auditing), while other plays do not have the right to sign.

In fact, the benefits of CPA are not only the right to sign, but also more important to improve all aspects of your finances, and ACCA's are the same in this regard, so when we discuss whether ACCA is good or not, it has little to do with the right to sign in China.

At the same time, ACCA also has the right to sign in some countries, such as the United Kingdom, Ireland, other countries of the European Union, etc.

What is the right to sign?

The right to sign is actually the right of the certified public accountant to sign the audit report, and the accountant who does not have the right to sign is not qualified to sign the audit report, which is the exclusive mark and right of the certified public accountant.

In China, CPA is the only professional group with the right to sign audit reports. The fact that the ACCA does not have the right to sign depends on which country it says this sentence.

It is important to know that the right to sign audit reports is divided into countries and regions, and different laws and policies in different places determine that only a small number of people in their own country have the right to sign. That is to say, in Chinese mainland, only CICPA holders have the right to sign, while in Hong Kong, only HKCPA holders have the right to sign, and in the United States, only USCPA holders have the right to sign.

ACCA is a British accountant qualification, which is restricted by national laws and regulations, and naturally does not have the right to sign in China. However, when you pass the P7 of the ACCA, you can get the right to sign in the Commonwealth countries.

The right to sign is not as important as the legend suggests. The right to sign is not to get the certificate to enjoy, the general countries and regions will have certain work experience requirements for the holder, and furthermore, if you do not have the intention of struggling in the accounting firm for a lifetime, then the right to sign is "decoration" for you, because you can't use it at all.

The use of the signature power is limited to the need for the signature of the certified public accountant to confirm the audit report issued by the accounting firm. In addition, in a firm, only partners and senior managers are generally able to sign. In other words, even if you get the right to sign, if the firm doesn't appoint you to sign, it's for nothing.

ACCA does not have the right to sign in China, only CPA has the right to sign the audit report, ACCA is more popular in foreign companies, but if you really want to engage in auditing in China, then you must take the CPA. Because if you don't take the exam, you can only do chores and can't work independently.

In China, there are several CPAs who sign every day, which is just a certification, and being able to sign does not mean that it is worthy.

1. In China, only CICPA Chinese certified public accountants can sign the audit report, while in Hong Kong, only HKCPA holders have the right to sign, and in the United States, only USCPA holders have the right to sign. ACCA does not have the right to sign in China.

2. After you have passed the P7 of the ACCA, you can obtain the right to sign in the Commonwealth countries.

3. ACCA has the right to sign in the European Union, Southeast Asia, Singapore and other places.

The so-called signing right refers to the right of the certified public accountant to sign the financial report, and it is also the exclusive mark of the certified public accountant. Certified public accountants are the only people in China who have the right to sign external reports.

The right to sign is a national and regional thing, which is limited by the law of the country in which it is located. In Chinese mainland, only CICPA has the right to sign, in the same way, in the United States, only AICPA has the right to sign, and in Hong Kong, only HKCPA has the right to sign.

ACCA has the P7 exam and has the right to sign in Commonwealth countries, and must have one year of work experience in the UK, and obtain the UK auditor qualification certificate (because there are other CPA associations in the UK, ACCA is not the only certificate that can obtain the right to sign in Commonwealth countries). The right to sign is not to have a certificate, and the general countries and regions still have certain work experience requirements for the holder, so many people do not necessarily have the right to sign when they get the certificate.