Acat Certiification

ACAT Certification

Bryant & Stratton College

Ms. Erina Masters

Anita Bennett

July 26, 2013

ACAT Certification

ACAT is the Accreditation Council for Accountancy and Taxation. “The Accreditation Council for Accountancy and Taxation is the regulatory and certification board for the Accredited Business Accountant (ABA).” (Goodson, 2012) ACAT is proof that you have the knowledge and skills in the area of Accounting and Taxation. A person is giving their credentials if they can provide financial, accounting and taxation services. “Professionals receive accreditation in accountancy and/or taxation through examination and/or coursework, and maintain their accreditation through commitment to a significant program of continuing professional education and adherence to the Council’s Code of Ethics and Rules of Professional Conduct.” (Kolar, 99)

“Accreditation is a voluntary credentialing progam for accountants and tax practitioners that recognizes individuals who have demonstrated a specific level of professional knowledge and competency.” (Kolar, 99) When obtaining an accreditation, you are letting businesses, government and the public know that you will be providing the highest degree of specialization in accounting and tax services.

The ACAT Board of Directors requires that a candidate have a minimum background of three years work experience or two years of college-level accounting plus one year work experience to earn the ABA credential. Individuals without substantive work experience are advised to have completed Principles, Intermediate, and either Cost or Managerial Accounting, as well as at least one semester in taxation, before taking the exam. You must make at least a 70 or better to pass. The test takes three-hours and you must have 72 hours everys three years of continuing professional education. The three hour examination consists of 58 multiple-choice...