What is a chartered accountant

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A chartered accountant is someone who has received their accounting certification from the Institute of Chartered Accountants or the Association of Chartered Certified Accountants.

Compared to regular accountants, they tend to be more highly qualified and experienced – they are usually a member of a professional body. They specialise in offering advice and providing services for more complex needs and usually charge a higher fee for their services, so it is important to consider if your needs are complex or specialised enough to require their skill set.

Their in-depth expertise allow them to advise on specific financial matters, such as corporate finance or forensic accounting which other accountants may not be able to due to their lack of specialised experience in a particular field.

In order to gain the official accreditation, an accountant would have to undertake a series of exams as well as complete 3-5 years of work experience.



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