What Does a Financial Accountant Do?

Accountant (acct) refers to accountants who have a certain level of professional accounting, who have obtained a certificate after examination, can accept the client's entrustment, and undertake auditing, accounting, consulting, tax and other aspects of business, such as Chinese certified public accountants, American certified public accountants (certified public accountant), chartered accountant in the UK, recognized accountant in Japan, etc. In Western countries, accountants are freelancers. In China, accountants are one of the technical titles of accounting cadres.

Basic Information

Chinese name

Accountant

Foreign name

accountant

Function

Audit, accounting, consulting, tax

Category

Beginner, Intermediate, Advanced

Types of

A title

China's accountant system was founded in 1918 during the Republic of China. then

1. One of the job titles of accounting personnel in enterprises and institutions.

2. In the old days, the government issued a license and was entrusted by the parties to perform accounting business.

ACCA (The Association of Chartered Certified Accountants)

As the most authoritative accountant organization in the world, ACCA is known as the "golden rice bowl for accountants". Its membership is widely recognized internationally. British legislation permits ACCA members to perform auditing, investment advisory and bankruptcy enforcement, and is eligible to practice directly in EU countries. The exam is held four times a year, in March, June, September and December.

Mr. Zhou of the ACCA Beijing Representative Office explained: To take the ACCA exam, you must first register, and sooner or later the registration time determines the time to take the exam for the first time. Students who have a college degree or higher recognized by the Ministry of Education or a college or university recognized by the Ministry of Education (successfully passed the examination of all courses in the first year) are eligible for registration.

There are fourteen subjects in the ACCA exam divided into three parts. Students must apply for the exam in the order of the subjects, with a maximum of four exams each time. The scores of the elective courses in the first, second and third part of each course can be retained after passing. The last three core courses in Part Three must be registered and passed at the same time. If only one of the three passes, the result of the pass cannot be retained, and the three courses must be retaken. If two of the three passes, and the other is between 30 and 49, then The failed exam has two chances to make up for it. If you pass the next two exams, all three courses can be considered as passing; otherwise, all three courses must be retaken. All fourteen exams must be completed within ten years of registration. The cost of all examinations is less than 20,000 yuan. ACCA stipulates that exempted subjects also need to pay the examination fee; if they participate in training, each subject is 1200 yuan-1400 yuan.

AIA (Professional Certificate of International Accountant)

AIA is a professional certificate of international accountants awarded by the British-based International Institute of Accountants. AIA is one of the five professional certification bodies recognized by the British Act, and the AIA professional accounting qualification is also recognized as the professional qualification of a company auditor Certified.

The AIA exam consists of sixteen courses divided into four stages. Must pass all within ten years, each stage has a corresponding stage certification. The first 12 exams can be taken four times a year, regardless of the order of registration, in January, June, July and December. The last four exams take place in June and December each year before they can pass the exam.

AIA has no special academic qualifications for candidates. Because the entire AIA training and exams are pure English, candidates must have a good level of English. The International Institute of Certified Public Accountants has established an exemption system, and students can apply for exemption from some subjects according to the rules. The training fee is 1200 yuan per course, in addition, each course requires 180 yuan for teaching materials, the examination fee is 25 pounds per course (only paid after passing the exam), and a total of about 30,000 yuan is required to complete the training and examination of the entire course.

CGA (Canadian Institute of Certified Public Accountants)

CGA is an internationally recognized professional accounting qualification. Its members can practice in Canada and independently sign audit reports.

According to the Beijing Representative Office of the Canadian Institute of Certified Public Accountants: All trainees need to assess their eligibility for admission, and students apply for admission based on their eligibility assessment letter. Graduation from high school can begin at the elementary level.

The exam period is six years. Within six years, the student has obtained a bachelor's degree or above; passed all CGA exams; and has two or more years of accounting-related work experience to obtain a CGA qualification. CGA courses are divided into four levels and comprehensive exams? A total of eighteen courses. Accounting undergraduates are exempt from eight to nine courses. The CGA fee standard is relatively complicated: the registration assessment fee is 300 yuan / person; the first level to the professional qualification comprehensive examination fee is 3400 yuan / person; the professionally recognized comprehensive examination (PA1) fee is 5500 yuan / person. The annual membership fee is 2100 yuan / year. The supplementary or deferred examination fee is 600 yuan / time.

CMA (American Management Accountant Certification Exam)

It is a professional license system established by the American Institute of Management Accounting? C MA. It is widely recognized in many countries and famous multinational companies.

To take the CMA exam for management accountants, you must first join an IMA member. After obtaining the membership number, you can apply for registration for the CMA exam. The test content is divided into four subjects and the test period is four years. If any of the subjects fail, you can apply for re-examination (no time interval is required), but you can re-examine the same subject more than three times in a year. A certain membership fee is required each year. The examination fee is $ 120 per door. Candidates who want to retake an exam must be at least 90 days after the last exam.

ASCPA (Australian Institute of Certified Public Accountants)

ASCPA is Australia's largest accountant organization. It has considerable international recognition and members enjoy the right to sign audit reports. There are a total of 16 qualification exams, and students who pass the Chinese Certified Public Accountant exam can be exempted from four exams. Only one retest is allowed for each course, and the exam is twice a year in July and December. The entry requirements are a college degree and a IELTS score of 6 or more. Trainees can choose between two full-time or on-the-job training methods. On-the-job training costs 4,200 yuan per course, and the total price is about 70,000 yuan. Additional examination fees are included. This training can only be tested in Beijing.

AICPA (American Institute of Certified Public Accountants)

In a foreign company, having a CPA qualification in the United States is the preferred employment condition for positions such as financial director and financial manager.