Which is better, CPA or ACCA?

Updated on educate 2024-05-10
13 answers
  1. Anonymous users2024-02-10

    Both the CPA and ACCA exams are more difficult. Comparatively, CPAs are a bit easier.

    Difference and connection between CPA and ACCA:

    At a time when Chinese accountants are competing for the Certified Public Accountant (CICPA) exam, ACCA has its unique advantages to let people see a more international and systematic financial talent certification model.

    First, the goals of the two are different. CICPA trains practicing CPAs with the goal of developing professionals. The goal of ACCA is to develop a complex group of senior management talents, rather than ordinary bookkeepers or auditors.

    Second, the knowledge system covered is different. CICPA only includes five courses in the juxtaposition of economic law, tax law, financial cost management, accounting and auditing, while ACCA includes 14 courses including financial reporting system, auditing system, financial management system, legal system and tax system.

    3. The angle of the exam and the type of questions are different. CICPA focuses on accounting and auditing technical standards, generally only considering financial factors, the key is to calculate quickly, precisely, accurately, the question type of the exam is subjective and objective questions are half of the total, often do not require contact with reality, with a unique standard answer; The ACCA, based on actual cases, emphasizes the ability to analyze and solve problems, and needs to comprehensively consider financial and non-financial factors, except for the objective questions in the first stage, the subsequent stages are all subjective questions, and there is no absolute standard answer, the examiner likes to see unique insights, unexpected but reasonable logical analysis, and appropriate connections with cases in real life.

    Fourth, the pass rate is different. The CICPA pass rate is about 10 per year, and in the face of so many candidates in China, to achieve such a pass rate, the examiners often present some deviations and strange questions; The average annual pass rate of ACCA is 40 50 per year, and the pass rate of low-level subjects is even higher, because ACCA does not deliberately control the pass rate, and when the real level of students reaches the passing standard, they often pass the exam.

    Fifth, the language used is different. This is the intuitive difference between the two, compared with the Chinese form of CICPA, ACCA from teaching materials, exercises to the exam are all in English, so to take the exam has certain requirements for English ability, and the person who finally completes the ACCA exam is undoubtedly an international compound talent who is proficient in professional English.

  2. Anonymous users2024-02-09

    The difficulty of the exam is not absolute, it depends on each person's effort. It's not very good to test.

    ACCA's 14 courses cover a comprehensive range of topics, including accounting, auditing, financial management, taxation, commercial law, business management, etc. The accounting system and legal system here are based on the Commonwealth system, and the standard used is IFRS. In terms of requirements, ACCA is more inclined to cultivate a financial and business thinking system, and most of the exams require a large discussion, and more attention is paid to thinking, logical, and analytical certified public accountants.

    CPA's 6 majors plus a comprehensive course cover accounting, tax law, economic law, auditing, financial management, and corporate strategy. More attention is paid to the understanding of specific standards, and less need to be discussed in large paragraphs, and more biased towards calculations and judgments on accounting scenarios and the details of laws and standards.

    For the details of the CPA, please go to Qinpeng Education Consulting. Henan Qinpeng Education Science and Technology Co., Ltd. adheres to the spirit of educational innovation, constantly pursues forward-looking and breakthrough methods, and has been demanding itself at the most advanced level in the industry in terms of teaching design, product research and development, operation management, etc., constantly polishing the details of teaching, products and services, and continuously iterating, providing students with high-quality teaching services through science and technology empowerment education.

    It is a good choice to apply for CPA Qinpeng Education. Since the establishment of the company, adhering to the business philosophy of "taking the needs of students as the center, teaching quality as the foundation, and continuous innovation as the requirement", it has opened several categories of online tutoring courses for accounting titles and teacher qualification certificates, and adopted the "education + Internet model", with the mission of education to promote social development, aiming to build an advanced, efficient and leading education brand, which has been unanimously recognized and widely praised in the field of vocational education in China, and is a leading educational institution with leading technology and perfect service.

  3. Anonymous users2024-02-08

    Certified public accountants, the difficulty is relatively low, the application fee is small, and the ACCA exam fee is high, with a minimum of 20,000 yuan.

  4. Anonymous users2024-02-07

    In terms of the depth and difficulty of the exam, CPA is more difficult, but ACCA covers a wide range of subjects, and it is an all-English test

  5. Anonymous users2024-02-06

    Of course, he is a certified public accountant, and ACCA is an international certified public accountant, and there are only more than 500 in the country!

  6. Anonymous users2024-02-05

    Note that the overall will be simpler, and the requirements will be low.

  7. Anonymous users2024-02-04

    ACCA's feature is to nurture talents, aiming to cultivate interdisciplinary senior financial management talents. The CPA examination is characterized by the selection of talents, and the training of practicing certified public accountants belongs to professional and technical talents. Both are extremely valuable certificates.

  8. Anonymous users2024-02-03

    It is impossible to say which is better, and the role played by ACCA and CPA is different at different times.

    For financial management, students in the field of accounting want to enter the four major jobs. For students who want to enter the Big Four, a certificate with high gold content is definitely a plus, and the most common certificates in the Big Four are ACCA and CPA.

    Both certificates are highly valuable, but there is one difference: CPA has the sole audit signature authority in China, while ACCA has audit signature authority in other countries internationally.

    The reason why ACCA is very popular in the Big Four is that the Big Four are foreign-funded enterprises, and they also have a large number of foreign corporate clients, and for those clients who apply international accounting standards, holding an ACCA certificate is a symbol of their professionalism.

    In addition, the role of ACCA and CPA varies from time to time.

    For example, college students who take the ACCA exam have more advantages in school recruitment.

    The ACCA certificate can be applied for during the university period, and many candidates have already obtained all the subjects of ACCA before graduation and become associate members of ACCA. For the advantages of taking the ACCA during the university examination, it is reflected in the following aspects:

    Adding points to your resume, whether you have won the ACCA's full subject or are in the exam, can prove everyone's enthusiasm for learning.

    ACCA is an all-English test, and there are certain requirements for English proficiency, and students who choose to take ACCA will also pass the English proficiency.

    Professional skills are a plus, and their professional skills are the reason why the gold content of the ACCA certificate has always been so high, so holding the ACCA certificate itself can prove their professional ability.

  9. Anonymous users2024-02-02

    I think it's acca.

    First of all, if the subject wants to take some valuable certificate now, ACCAA is the only one who can apply for the name, because ACCA can be registered in the sophomore year, regardless of major. In the case of the subject, he can't get any exemption from the exam at the moment, so he can only gnaw 14 in a row.

    ACCA is also divided into two stages, Phase F is compulsory for 9 subjects, of course, in many cases it can be exempted; There are a total of 7 subjects in the P stage, all of which are passed in the F stage, and 5 of the 5 courses in the P stage are considered to have passed all the ACCA exams, among them, those who take the advanced audit P7 can apply to become an accountant with the right to sign, of course, this signing right is only for the validity of the audit report in the UK.

    So by the way, those who say that ACCA doesn't have the right to sign are too lonely yourself. In addition, if you don't go abroad, the signing right of a foreign accountant certificate is suspended? I am currently trying to study ACCA on my own, and I clearly feel that in terms of exams alone, the difficulty and connotation of ACCA far exceed that of AICPA.

    In fact, ACCA has been in China for many years, has a large number of members, and is still the most influential international accounting organization in China (I personally think there is no one). Now let's get back to the question, if the subject is willing to spend money, is willing to endure hardship, and wants to act right away, ACCA is almost the only option for you.

    The reason why I say almost is because the threshold for AICPA application has been raised, and it is difficult for universities to complete the registration without the assistance of institutions; China's CPA has now strictly restricted college students from applying for the exam, and the ACCA has not raised the threshold, so current college students can only choose this.

  10. Anonymous users2024-02-01

    The focus of the two is different, and the actual application scenarios are also different, so I can't say that it is good! ACCA's training is a compound type of senior management talents, and CPA is training professional and technical talents in accounting and auditing.

    To learn CPA, you must have a certain foundation in accounting, and its content is based on the basic knowledge of the accounting profession, and if you have no foundation or no accounting professional background, it is best to choose ACCA, because the ACCA's curriculum has taken into account the existence of zero-based students, and the 16 subjects are gradual, which is very suitable for students with zero foundation and poor foundation.

    ACCA's background is based on actual cases, emphasizing the ability to analyze and solve problems, which requires comprehensive consideration of financial and non-financial factors, except for the objective questions in the first stage, the subsequent stages are all subjective questions, and there is no absolute standard answer, the examiner likes to see unique insights, unexpected but reasonable logical analysis, and appropriate links to real-life cases.

    CPA focuses on accounting and auditing technical standards, generally only considering financial factors, the key is to calculate quickly, precisely, accurately, the question type of the exam is subjective and objective questions are half of the total, often do not require contact with reality, with a unique standard answer.

  11. Anonymous users2024-01-31

    I think that this kind of thing is determined according to the needs of the individual's own development, ACCA and CPA are each with their own strengths, regardless of the advantages, all kinds of advantages and disadvantages, can not simply say which is good, should be more suitable for their own environment and development.

    Certified public accountant refers to a person who has obtained a certified public accountant certificate and practices in an accounting firmRefers to professionals engaged in social auditing, intermediary auditing, and independent auditing, such as CGA in Canada, AICPA in the United States, CPA Australia in Australia, and ACCA. Internationally, accountants generally refer to certified public accountants, rather than accountants with intermediate professional titles in China.

    Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is currently the world's leading professional accountant body, as well as the professional accountant organization with the largest number of overseas students and the fastest growing number of students in the world. UK legislation authorizes ACCA members to work in auditing, investment advisory and insolvency enforcement. ACCA membership is recognized by EU legislation as well as by the company laws of many countries.

    ACCA is a founding member of the International Accounting Standards Board (IASC) and a principal member of the International Federation of Accountants (IFAC), which in February 1999 was adopted by the United Nations as a benchmark for the curriculum of professional accountants around the world.

    If personal ability and conditions allow, it is best to obtain both certificates, so that there is no need to consider which one is useful and which is not useful.

  12. Anonymous users2024-01-30

    CPA is a professional skills certificate, which is the only certificate that engages in audit business in China and has the right to sign. CPA, the full name of certified public accountant, refers to the person who has obtained the certificate of certified public accountant and practices in an accounting firm, and is the only professional qualification with the right to sign. Let's do a quiz before studying, click on the test, I am not suitable for studying accounting.

  13. Anonymous users2024-01-29

    CPA is a Chinese Certified Public Accountant, and a CPA is the only officially recognized CPA qualification in China and the only practice qualification with the right to sign. According to Article 175 of the Company Law of the People's Republic of China, a company shall prepare financial and accounting statements at the end of each year and conduct review and verification in accordance with the law. Enterprises must entrust certified public accountants to audit the authenticity, reliability and legitimacy of their annual financial reports in accordance with the provisions of laws and regulations, and obtain the audit report issued by the certified public accountants.

    In other words, financial report auditing is a statutory audit business of certified public accountants. It can be seen that the gold content of the CPA certificate is very high.

    ACCA, also known as the Chartered Certified Accountant in the United Kingdom, also has a very high gold content.

    Candidates can choose the certificate they need to apply for according to their own career development.

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