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About Chartered Accountants

Updated on September 7, 2013
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Chartered Accountants

Chartered accountants are vital to small business owners, as they will deal with all those matters that confuse the layman; VAT, IR35 compliance, PAYE, etc.; as well as offering commercial advise and business consultancy.

Choosing a good, experienced and reliable UK chartered accountant is important, and you should look for one in your area that is a member of the ICAEW; Institute of Chartered Accountants in England and Wales, or ACCA; the Association of Chartered Certified Accountants; which is the global body.

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Chartered Accountants in London

In large cities the choices will be immense.

For example, there are so many chartered accountants in London; that it is quite daunting trying to find the right one for your needs. However an online search will reveal the choices available to you, while a look through some of the client reviews should make the differences clearer and the choice easier.

Chartered accountants are vital to small business owners, as they will deal with all those matters that confuse the layman; VAT, IR35 compliance, PAYE, etc.; as well as commercial advise and business consultancy.

Accounting
Accounting

What are Chartered Accountants?

Chartered accountants are well qualified accountants who have received further training to learn skills beyond being a regular accountant. Accountants that carry the title of chartered, are qualified to become members of other countries such as Africa, New Zealand, Australia, Canada, and other states apart from their home institute. In order for an accountant to become chartered, extensive training regimens are required, and must be accomplished through an organization that is certified and registered. Most accountants must be mentored by another chartered accountant while in the training process. Accountants who are able to receive the title of chartered have a wider selection of businesses to choose from; when it comes to finding employment as an accountant.

Friendly Help but Efficient
Friendly Help but Efficient

Education and Training

Those wishing to know more about becoming a chartered accountant, can find plenty of information and programmes online.

Four years of schooling is required for a person to receive their degree in becoming a chartered accountant, along with practical training hours. Schooling can be done at College or University, or online; with practical training done at a recognised institution.

Certain institutions may have different requirements than others, but the amount of time that a person is required to train, and the subjects and material covered within the training period, are generally the same.

Choosing to be an accountant can be a rewarding career, and becoming a chartered accountant adds to the ability to serve customers fully.

If you are interested in a career as a CA, you may find this video helpful, in deciding which way to go.

A Career with ACCA

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