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This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 August 2011
what is the difference between FCA and ACA?
25 August 2011
ACA - Associate CA (COP less than 5 year)
FCA - Fellow CA (Cop more than 5 year)
FCA - Fellow CA (Cop more than 5 year)
26 August 2011
I agree with the expert
26 August 2011
Hello,
ACA (Associates): "Any person" after qualifying Chartered Accountancy and getting his name entered in register of members is called as Associates. He / she can use after name as A.C.A. (e.g. i m a ACA, employed)
FCA (Fellows): following "category of members", whose names gets registered as Fellows on "an application made in a prescribed manner" to use FCA after there name-
category,
1.Member, "who is an Associate, in continuous practice" for atleast 5 yrs.
2.Member, "who is an Associate for continuous period of not less than 5 yrs AND who possess qualification, experience as prescribed, equivalent to that of continuous practice.
Now in nutshell,
a) To be an ACA, NEED NOT be in practice.
b) To be FCA you should fufill either of above two category...
Hope its clear...
Regards!
ACA (Associates): "Any person" after qualifying Chartered Accountancy and getting his name entered in register of members is called as Associates. He / she can use after name as A.C.A. (e.g. i m a ACA, employed)
FCA (Fellows): following "category of members", whose names gets registered as Fellows on "an application made in a prescribed manner" to use FCA after there name-
category,
1.Member, "who is an Associate, in continuous practice" for atleast 5 yrs.
2.Member, "who is an Associate for continuous period of not less than 5 yrs AND who possess qualification, experience as prescribed, equivalent to that of continuous practice.
Now in nutshell,
a) To be an ACA, NEED NOT be in practice.
b) To be FCA you should fufill either of above two category...
Hope its clear...
Regards!
29 August 2011
I AGREE WITH CAFEROZ
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