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ACCA offers a range of foundation-level certificates and diplomas – collectively referred to as Foundations in Accountancy (FIA) [13] – which provide an entry point for anyone new to accounting and finance and who doesn't meet the minimum entry requirements for the ACCA Qualification (which is three GCSEs and 2 A Levels or equivalent, in ...
RQF level Level criteria Example qualifications [1] Equivalent FHEQ qualifications [5]; Level 8 Holder develops original practical, conceptual or technological understanding to create ways forward in contexts that lack definition and where there are many complex, interacting factors.
ACCA was a sponsor of the AAT before breaking its links in the mid-1990s in order to form the CAT qualification. [1] The rationale behind this move was that it wanted a technician level qualification which followed the same strategic direction of the ACCA qualification, i.e. one with an international profile. [2]
All full members of these bodies and CIMA are deemed to hold equivalent-level qualifications. Many job advertisements for accountants in the United Kingdom therefore specify 'CCAB qualified' as though it was a specific qualification rather than a group of qualifications.
They could be taken in a wide range of subjects. There are different levels of GNVQ, namely the Intermediate level (equivalent to four General Certificates of Secondary Education) and Advanced level (equivalent to two Advanced-level General Certificates of Education). GNVQs were available to people of all ages.
Levels of national qualifications will be placed at one of the central reference levels, ranging from basic (Level 1) to advanced (Level 8). This will enable a much easier comparison between national qualifications and should also mean that people do not have to repeat their learning if they move to another country.
Most, but not all, professional qualifications are 'Chartered' qualifications, and follow on from having been admitted to a degree (or having an equivalent qualification). The term "professional qualification" can also be used to refer to higher-level vocational qualifications in "professional" roles. [3] [4]
A qualifications framework is a formalized structure in which learning level descriptors and qualifications are used in order to understand learning outcomes. [1] This allows for the ability to develop, assess and improve quality education in a number of contexts.