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acca / cima

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richardfinch | 16:15 Tue 04th Nov 2003 | How it Works
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in the field of accoutning, what is the best option to study? acca or cima? which of the two is best?
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I believe it depends on what kind of accounting you want qualifcations in.......the short answer is that if you want a good all round knowledge then ACCA is your best bet as CIMA is more specialised. I can't remember the specifics, but I think that CIMA is more management accounting. I hope that helps.
acca is a certified accountant, cima is a management accountant, katejess. Unless your planning to specialise in being the management accountant to a car firm for example, then go for acca which is generally accepted by most accountancies AND businesses wanting their own accountants (except the top-notch companies who will probably insist on Chartered Accountants) - both have roughly the same degree of difficulty (i am told)
ACA is the most valued qualification in practice (it does lots of Tax) and does go a long long way in Industry CIMA is excellent for industry. Exams can take a while to get, but endless tries is a good thing :-) ACCA is becoming more common and is a good all rounder Depends what you want to do and where you can get training.

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