+- Accountancy Forum (https://www.accountancy.com.pk/forum)
+-- Forum: The Profession (https://www.accountancy.com.pk/forum/forum-the-profession)
+--- Forum: Students (https://www.accountancy.com.pk/forum/forum-students)
+--- Thread: Questions about settling in USA after doing ACCA (/thread-questions-about-settling-in-usa-after-doing-acca)
Questions about settling in USA after doing ACCA - Girl_here - 01-10-2007
SALAM to everyone,
I am a student of CAT.I plan to settle in the USA after doing ACCA ,as my bro and some cousins are already there.My question is that is there any chance for me to get a decent job in the accounting field, living in the USA as per my ACCA qualification?I know,there must be some course that I would have to get done with before applying for a job in the USA,as in most of the cases,Americans don't rely wholly on any certificate attained from any part of the world other than their own place.My bro completed his engineering studies from NED karachi and moved to the US and there he found a training program ready for him before he could seek for a job.So I expect the same for myself but the only confusion is that what could the course be that i would have to do after ACCA and which could lead me to a beneficially decent job in order to earn good money,"LIVING IN THE USA"?Secondly,how long that accountacy course could take?
Waiting for your replies eagerly,specially of the senior members of this forum.
Cheers,[)]
ALLAH HAFIZ )
- Mahtab - 01-10-2007
From Wikipedia
United States (US)
A mutual recognition between ACCA and AICPA/NASBA does not exist, but is under negotiation as of December 2006. However, it has effectively been put on hold pending a decision by the UK regulatory body,the Professional Oversight Board of Accountancy (POBA).It should also be noted that even if ACCA gained statutory recognition, it would still be up to the individual states to grant reciprocity within their state.
Currently ACCA membership is recognised by the Colorado State Board of Accountancy as meeting the educational requirements to sit for the US
Uniform Certified Public Accountant Examination.
The majority of ACCA members who pass the CPA exam may apply for licensing as a Certified Public Accountant(CPA)in the state of Colorado, USA after completing a qualifications evaluation.
As of 2002, World Education Services (WES) indicated that the evaluation awarded 9 U.S. semester credits for every subject passed in
ACCA exams resulting in a total of 126 U.S. semester credits based on ACCA studies, so it allows ACCA associate members to sit for
uniform CPA examination at the states with 120 U.S. semester credits requirements.
As of end of 2005, there are 1,315 ACCA members in USA.
Canada
ACCA announced a Mutual Recognition Agreement with CGA Canada effective from 1 January 2007. Details ACCA is recognized by Canadian government as an eligible qualification to audit federal government institutions in Canada. As of 2006, Canadian Institute of Chartered
Accountants, World Education Services (WES) and the Odette School of Business at the University of Windsor indicated that the evaluation recognized ACCA as having the Canadian equivalence of a Bachelor's Degree (four years)in Accounting. The Canadian branch of ACCA is pursuing recognition for statutory audit purposes in the province of Ontario under the province's Public Accounting Act of 2004
Institute of Management Accountants (IMA) in United States has agreed that Chartered Certified Accountants(ACCA)only have to pass four-papers final examination to get the Certified Management Accountant (CMA)designation.This is not based on a specific agreement but is the result of IMA's policy and similar accreditation is
given to many other IFAC bodies, as well as to others with the equivalent of a U.S. bachelors degree (any discipline).
- Mahtab - 01-10-2007
Please Visit
http//www.imanet.org/certification_started_education_professional.asp
http//usa.accaglobal.com/
http//www.ifa.org.uk/memshiproutes.asp
http//www.imanet.org/pdf/2649.pdf