What Differentiates an Accountant from a Chartered Accountant? - PowerPoint PPT Presentation

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What Differentiates an Accountant from a Chartered Accountant?

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Accounting is the methodical keeping of records in order to examine, analyse, summarise, and present them as the financial data required for company decision-making. – PowerPoint PPT presentation

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Date added: 9 March 2024
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Title: What Differentiates an Accountant from a Chartered Accountant?


1
What Differentiates an Accountant from a
Chartered Accountant?
  • Unicorn Accountants
  • 02080640454
  • www.unicornaccountants.co.uk
  • 5 Merchant Square London W2 1AYdream_at_unicornacco
    untants.co.uk

2
Introduction
Accounting is the methodical keeping of records
in order to examine, analyse, summarise, and
present them as the financial data required for
company decision-making.
One specialised and designated area of accounting
is chartered accounting. These specialised and
fundamental accounting services are provided by
chartered accountants, who must pass a rigorous
and highly comprehensive qualifying exam.
Difference Between a Chartered Accountant and an
Accountant
Qualification Chartered accountants must pass a
professional qualification programme with several
levels and a wide range of disciplines covering
subjects such as accounting, taxation, auditing,
finance, compliance, etc. The term "accountants"
is broad and linked to a range of educational
programmes and credentials. It is not necessary
to be qualified for specialised professional
training.
Blog Source - What is the Major Difference
Between a Chartered Accountant and Accountant?
3
Difference Between a Chartered Accountant and an
Accountant
Regulatory The role and scope of a chartered
accountant are guided by the regulations and
ethical standards of operations laid down by the
professional body that recognises them as
CAs. Although ethical conduct and practice norms
apply to accountants as well, the extent of their
certification and the qualifications they possess
ultimately determine how they carry out their
duties.
Scope and Specialisation Chartered accountants
must complete a rigorous programme of study and
get in-depth, specific training. They manage a
wide range of financial tasks and
responsibilities. Certified accountants have a
relatively limited scope of work, and it is
usually restricted to financial management
(bookkeeping and accounting)
Blog Source - What is the Major Difference
Between a Chartered Accountant and Accountant?
4
Difference Between a Chartered Accountant and an
Accountant
Auditing Certified chartered accountants are
qualified to conduct audits and provide assurance
services to their clientele. Not all accountants
are qualified to conduct financial statement
audits. When it comes to auditing, accountants
must demonstrate that they possess the necessary
skills.
Get in Touch
Unicorn Accountants specialise in delivering
customised accounting services to meet your
unique needs. Get in touch with us right now if
you're seeking a chartered accountant London, and
we'll help you with all of your accounting
problems.
Blog Source - What is the Major Difference
Between a Chartered Accountant and Accountant?
5
THANK YOU!

Unicorn Accountants
dream_at_unicornaccountants.co.uk
02080640454
www.unicornaccountants.co.uk
5 Merchant Square London W2 1AY - United Kingdom
Blog Source - What is the Major Difference
Between a Chartered Accountant and Accountant?
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