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In 2016, CIMA sponsored the creation of the world's first management accounting standard: Guide to management accounting principles. The standard, published by the British Standards Institute codifies a universal framework for best practice in decision making. Organisations including Sky, The Environment Agency, Fujitsu, the NHS and Siemens had ...
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.
To qualify as a CA (SA), one requires a specialised bachelor's degree in accounting, followed by a Certificate in the Theory of Accounting (CTA); depending on the university, this is offered as a postgraduate honours degree or as a postgraduate diploma. This formal education is followed by two external competency exams set by SAICA.
Conversely, some bachelor's degrees in the "higher faculties" at the older universities in the UK (e.g. those other than arts at Oxford and Cambridge) are postgraduate qualifications (e.g. the BCL and BMus at Oxford). Many have been changed to the corresponding master's degree (e.g. BSc is now MSc at Oxford), but only within the last generation.
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]
A postgraduate certificate (abbreviated as PGCert, PG Cert or PGC is a postgraduate qualification at the level of a master's degree. Like a postgraduate diploma , it is standard practice to use 'PGCert' as a post-nominal designation after completing the certificate course.
The Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (CCA). Founded in 1904, It is now the fourth-largest professional accounting body in the world, with 252,500 members and 526,000 student members.
Level 7 qualifications are at a level equivalent to master's degrees, postgraduate certificates and postgraduate diplomas. Level 6 Level 6 qualifications recognise a specialist high-level knowledge of an area of work or study to enable the use of an individual's own ideas and research in response to complex problems and situations.
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