Chartered Accountant vs Chartered Certified Accountant
You may see the terms “chartered accountant”, “certified accountant” and “chartered certified accountant”. To most people these terms can be used interchangeably, but as used by an accountancy firm it indicates which practising body the firm is regulated by. The regulatory body determines what level of education and training is required and standards of ethical and professional conduct required by its members.
Our Managing Partner, Michael O’Mahony FCCA, qualified through the ACCA, Association of Chartered Certified Accountants. ACCA qualified accountants have completed a rigorous programme of examinations and practical work experience before attaining Chartered Certified Accountant status. They are also required to participate in continuing training and development programmes overseen or approved by the ACCA. An ACCA accountant will therefore be well qualified to deliver the service required. ACCA also insists on the highest standard of ethical and professional conduct from all members and will investigate and deal with complaints about members. It is required to supply details of its regulatory processes to the Department of Trade and Industry (DTI) and the Department of Enterprise Trade and Employment (DETE). The ACCA requires that member accountancy firms hold professional indemnity cover.