International qualifications for accountants and auditors

International qualifications for accountants and auditors

Financial English courses prepare for study in English-language programs for accountants, auditors and finance professionals ACCA, CIMA. We are often asked about international qualifications for the financial industry. These are the answers to the most common questions.

Who Chooses What?

ACCA – Association of Certified Chartered Accountants. This certification is more often chosen by those who want to develop an global career as an accountant or auditor

CIMA – Chartered Institute of Management Accountants. This qualification is chosen by those who want to work in the field of management accounting and hold the positions of financial analyst or CFO.

Why Are These Qualifications In Demand?

The global education system has already agreed that university education, although it lays a good professional foundation, cannot be the only and final one during a person’s professional life.

In an environment of extremely fast-changing business processes, companies need professionals who can manage them. University graduates can gain such knowledge, but most of them have no practical experience in their application. That is why the idea of “on-going study” has arisen, which ensures a comprehensive qualification in the profession for several years after graduation.

Employers always prefer professionals with international qualifications, as these diplomas ensure the knowledge of the latest techniques and methods of their profession and their practical application.

Qualification characteristics

qualification description
ACCA ACCA has about 480 thousand students in 180 countries. To obtain the qualification, you should pass 14 exams, which are held in June and December each year. The training usually takes 2-3 years, but can be extended for a longer period if the candidate chooses a more comfortable schedule of preparation and exams.
ACA (ICAEW) The qualification is awarded by the Institute of Chartered Accountants of England and Wales (ICAEW). It has more than 150,000 owners in 160 countries. The program consists of 15 modules on 3 levels. The full course lasts about two years.
CFA The qualification of the American Institute of Certified Financial Analysts (CFA Institute). It has more than 96 thousand owners in 133 countries. The full course is divided into three levels, training in each lasts about 6-7 months.
CIMA Certified Institute of Management Accounting Specialists. It has earned a reputation as a leading professional community in the field of cost accounting, budgeting, management accounting, investment evaluation and management decision-making. It has more than 70,000 owners. The full course is divided into three levels, training in each lasts about 1-1.5 years.

In Ukraine, there are licensed centers for taking exams to obtain these qualifications. Therefore, with a good stock of financial English, financial experience and economic qualifications of national universities – there is a good chance to get an international certificate, which is recognized worldwide.

If you want to prepare for ACCA quickly, enroll in our English programs for accountants – Basic Course or Professional Course. These programs also include topics to prepare for CIMA. You will get good English for ACCA, CIMA and other English language programs for accountants and financiers.

Choose your program here!

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