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FinanceDoes the Netherlands care about ACCA?

Does the Netherlands care about ACCA?

In the UK, every prestigues accountant/editor should be ACCA certified. ACCA stands for ‘Association of Chartered Certified Accountants’ and could be described as a global body of professionals who work in the field of accounting. In order to join the association, you must pass a series of accounting exams that have various levels of difficulty. During the exam you are given about 3 hours. Answering 50% of the questions right gives you the right of passing the exams and joining the ACCA. Most people opt for studying for the exam while working at the same time.

ACCA or CPA?
ACCA could practically be seen as the European counterpart of being a CPA, which stands for ‘Certified Public Accountant’. A lot of big accounting or audit companies in the UK such as the big 4 require their employees to be ACCA certified. However how is this in the Netherlands? 

ACCA in the Netherlands
In the Netherlands, most students can become accountants or auditors by finishing a bachelors. In order to enter bigger and more well-known companies, they opt for a masters in accounting. While ACCA exists in the Netherlands, there is not as much empahsis on having it as much as the countries abroad. However, there are many international audit companies in the Netherlands who do require their employees to be ACCA certified, an example of an interational ACCA Audit Firm is Reanda Netherlands. 

Reanda Netherlands
Companies like Reanda Netherlands with counterparts in other countries provide audit services to firms who would prefer their auditors to have the knowledge required to pass the ACCA exam. The ACCA exam is notoriously known for being very hard to pass. Therefore, it could act like an extra test to see how determined the auditors are to provide great service. Therefore many people in the Netherlands could opt to go for the ACCA exam just for this aspect!

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Does the Netherlands care about ACCA?

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