Thinking of a career in Accountancy?

Accountancy has a long history of being a profession that provides great career opportunities and progression. It is increasingly accessible to a wide range of people in their early careers but knowing where to start can be difficult.

One of the biggest challenges is understanding the different qualifications and governing bodies.

This page breaks down why there are so many and will help you find the best one for you.

  • ACA (Associate Chartered Accountant).

    With this qualification you can call yourself an ICAEW chartered accountant. You will need to pass 14 exams and do at least 3 years of on-the-job training. It’s a very well respected and valued by businesses worldwide.

    It is often thought that this is a more demanding qualification than the ACCA, but that is up for debate.

  • ACCA (Association of Chartered Certified Accountants).

    With this qualification you will become a Certified Chartered Accountant. Again this is a qualification which is respected all over the world. This is the largest exam body with 527,000 students and 219,000 fully qualified members.

    You will need to complete 13 exams.

  • AAT (Association of Accounting Technicians).

    Again, internationally recognised, this qualification is often an entry route into ACA or ACCA. AAT is a Level 4 qualification whereas ACA and ACCA are Level 7.

    Many students start at Level 2 to qualify for entry-level accounting roles, but you can start at Level 3 if you have relevant skills and experience. These qualifications give you the opportunity to progress to an AAT Licensed Accountant (you can even open your own practice!).

  • CIMA (Chartered Institute of Management Accountants)

    This qualification is also internationally recognised and focuses on Management, Costing & Financial Accounting whereas the focus of ACCA is more on auditing and accounting. This qualification could be better for you if you're looking to pursue a management or strategic business role. You will become a management accountant.

  • CIPFA (Chartered Institute of Public Finance and Accountancy)

    This qualification is dedicated to public financial management so great if you want to work in the public sector. Again it is a Level 7 qualification and globally recognised.

  • ICAS (Institute of Chartered Accountants of Scotland)

    ICAS is a global professional membership organisation, regulator and educator, like many of the other awarding bodies. Although headquartered in Scotland, ICAS has members and trainees all over the UK. Members can use the letter CA (chartered accountant) after their name. ICAS is one of the smallest awarding bodies in terms of trainee numbers but is highly respected as a qualifcation.

  • ATT (Association of Taxation Technicians)

    The Association of Taxation Technicians is a charity and the leading professional body for those providing UK tax compliance services. They have over 9,900 Members and Fellows (qualified individuals), together with over 7,000 students. Members and Fellows use the practising title 'Taxation Technician' or 'Taxation Technician (Fellow)' respectively.

Hear from people who’ve already made their careers in accountancy

Our Founder, Hannah, discusses the highs, lows and middle bits of accountancy and finance careers with qualified accountants, industry leaders, career coaches and business owners:

  • Hear our top tips for passing specific exams

  • We discuss how to pick yourself up after any exam failure

  • Find out how to juggle work and studying (and keep hold of your marbles)

  • Listen to insights from various practice and industry careers

  • Hear people’s unique finance careers

  • Discover how to stay human during challenging times in your career

You can listen on Spotify, Apple Podcasts, Amazon Music and Google Podcasts!