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The institute is a member of the Consultative Committee of Accountancy Bodies (CCAB), formed in 1974 by the major accountancy professional bodies in the UK and Ireland. The fragmented nature of the accountancy profession in the UK is in part due to the absence of any legal requirement for an accountant to be a member of one of the many Institutes, as the term accountant does not have legal ...
The ACCA full Professional qualification is regarded as the equivalent of a UK master's degree by the UK NARIC and Department for Education. Subjects include: Financial accounting, Management accounting, Financial reporting, Taxation, Company law, Audit and assurance and Financial management.
The UK ENIC (European Network of Information Centres) uses a 16-level "band framework" in its evaluation of foreign qualifications to identify comparable British qualifications. UK ENIC issues statements of comparability and certificates based on these bands, which are designed to be precise enough to distinguish between different international ...
Individuals with such qualifications are recognised as professionally qualified bookkeepers. The Association of Accounting Technicians (AAT) is the UK's leading body offering a qualification at 'bookkeeper' level. The AAT has approximately 2,500 licensed bookkeepers (from a total membership of 150,000).
The government argued that the existing visa options are sufficient for international students in Scotland, and noted that, "Applying different immigration rules to different parts of the UK would complicate the immigration system, harming its integrity, and cause difficulties for employers with a presence in more than one part of the UK." [39]
There are four forms of regulated profession in the UK, with respect to the European directives on professional qualifications: professions regulated by law or public authority; professions regulated by professional bodies incorporated by royal charter; professions regulated under Regulation 35; and the seven sectoral professions with harmonised training requirements across the European Union. [5]
The visa policy of the UK also applies to the Crown dependencies of Guernsey, Jersey and the Isle of Man, which each operate their own immigration enforcement and have separate work permit systems. [1] [2] [3] The visa policy does not apply to any of the British Overseas Territories, who generally apply their own visa policies.
CIMA offers training and qualification in management accountancy and related subjects. It is focused on accountants working in industry and provides ongoing support and training for members. CIMA is one of the professional associations for accountants in the UK and Ireland. Its particular emphasis is on developing the management accounting ...