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Difference between CA and Accounting Technician
Do you know the difference between a chartered account (CA) and an accounting technician is?
Margaret Harris of the Sunday Times spoke to Natalie Zimmelman a business development manager of the Association of Accounting Technicians of South Africa, a professional body for accounting technicians,
Sunday Times, Sunday 10 October 2010
Q & A: Business Times – Money & Careers
Backbone of a Firm’s Finances
By: Margaret Harris
What is the difference between an accounting technician and a chartered accountant (CA)?
A CA is academically trained in the strategic management of business, specifically from a financial perspective. They are strategists and leaders. An accounting technician is practically trained to perform the functions of an accounts department. They are strategists and leaders.
An accounting technician is practically trained to perform the functions of an accounts department. They are the “doers” and the backbone of a financial function.
Accounting technicians, who exit at NQF Level 5, support CA’s who are trained at NQF Level 7.
What do you do to help accounting technicians in their careers?
We recognise accounting technicians and provide training, leading to enhanced opportunities and even increased income. The emphasis is on improved opportunities and income through recognition, community and services.
Do you take prior learning into account?
Yes, employees working in the finance industry can convert their years of experience into either membership of AAT(SA) or to facilitate their entry in to a more senior level of our qualifications.
Should an employee have any existing accounting qualifications and relevant experience, these will be assessed and the employee may be allowed to apply for membership or complete a qualification.
What are the requirements to study through AAT(SA)?
The entry-level certificate is registered at an NQF level 3. It has been developed to minimise the barriers to students and, as such, no formal qualifications are required for entry, not even a matriculation certificate. However, good English literacy and numeracy skills will stand the learner in good stead to succeed.