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The Certified Accounting Technician (CAT) qualification is offered in the United Kingdom by the Association of Chartered Certified Accountants (ACCA). Upon completion of the exams and required practical work experience, the CAT graduate will be able to apply to use the letters CAT after their name.
However, to use certain titles and designatory letters requires membership of the appropriate professional body, thus: Bodies with royal charter Chartered Accountants must be members of one of the following: the Institute of Chartered Accountants in England & Wales (ICAEW) (designatory letters ACA or FCA)
In 2011, 2012 and 2013 the ACCA professional body had the highest percentage of A&B (best) outcomes from FRC's Recognised Supervisory Body (RSB) visits to a sample of 'Registered UK Audit Firms'. ACCA firms tend to audit smaller and less complex clients. As of 2023 there were over 113,000 members and 72,000 students in the UK & Ireland.
In 2013, holders of Association of Chartered Certified Accountants (ACCA) and CPA Australia have until 31 December 2016 and existing students have until 31 December 2018 to complete the ICPAS PAC and qualify for the "Chartered Accountant of Singapore" professional designation through the previous transitional arrangements. [22] [23] [24]
A certification is a third-party attestation of an individual's level of knowledge or proficiency in a certain industry or profession. They are granted by authorities in the field, such as professional societies and universities, or by private certificate-granting agencies.
ACCA, FCCA Certified Public Accountant: CPA: Chartered Institute of Management Accountants (CIMA) ACMA, FCMA Accounting Technician (Accounting Technicians Ireland - formerly called IATI) MIATI Professional Risk Manager : PRM: Financial Risk Manager : FRM: Qualified Financial Advisor: QFA: Fellowship and Membership of Learned Societies [b] [c]
Association of International Certified Professional Accountants: Revenue: US$361.37 million (2020, including AICPA) Expenses: US$324.89 million (2020, including AICPA) Website: www.aicpa-cima.com www.cimastudy.com
Post-nominal letters are used in the United Kingdom after a person's name in order to indicate their positions, qualifications, memberships, or other status. There are various established orders for giving these, e.g. from the Ministry of Justice, Debrett's, and A & C Black's Titles and Forms of Address, which are generally in close agreement.