Monday, September 26, 2011

ABOUT CAT

CAT means Certified Accounting Technician qualification is structured and examined by ACCA which is world most recognized Accountant Awarding body. Which offers student the facility to further their career options? CAT student can develop skills in accounting and finance and thus can accelerate their progression to the ACCA professional level. CAT is a fundamental level of ACCA.CAT is help to students develop their skills needed for successful study in higher education.
                                      
CAT & ACCA is a professional qualification. Professional qualification can help you a lot to achieve your goal. CAT & ACCA is a world wide professional degree. If you passed SSC or HSC you can be start CAT.
If you have no academic qualifications but you are above 16 years old you can be start CAT.
You must be seeing many brilliant students not getting a good job or service. This is not their fault. Because they acquire only an academic qualification not acquire any professional education. But at this moment organizations are looking for professional employees due to the complicated business environment. So if you do not acquire any professional quality within you from now on the future will be very though for you to survive with dignity

BOOKS OF CAT COURSE

CAT consists of three levels. These three levels have been shown below:

INTRODUCTORY LEVEL.
 INTERMEDIATE LEVEL.
ADVANCED LEVEL.

INTRODUCTORY LEVEL:
01.Recording Financial Transaction.
02. Information for Management Control.
                   

INTERMEDIATE LEVEL:
03.Maintaining Financial Record.
04. Accounting for cost.

ADVANCED LEVEL:
05.Managing people and systems.
06. Drafting Financial Statement.
07. Planning, Control & Performance Management.
08. Implementing Audit Procedures.
09. Preparing Taxation Computer.
10. Managing Finance

ABOUT MBA & ACCA

MBA means Master of Business Administration.MBA attract people from a wide range of academic qualification. The MBA program is designed to introduce students to the various subject of business. Such as,
: ACCOUNTING
: FINANCE
: MARKETING
: HUMAN RESOURCES etc.
In our country many public and private University offer MBA program. In our country Dhaka University is the most popular University for MBA.



ACCA: ACCA founded in 1904.ACCA is the global body for professional accountants, which is offering the Chartered Certified Accountant.ACCA has 147000 members & 424000 students in 170 countries. ACCA headquarters are in LONDON with the principal Administration office being based in Glasgow.
The Association of Authorized public Accountant, which is one of the British Professional bodies for public Accountant, has been a subsidiary of ACCA since 1996.

If you are completed ACCA you will be gain a MBA certificate in Applied Accounting from Oxford Brookes University in UK.
If you are completed in ACCA part 2 you will be gain a B.Sc certificate in Applied Accounting from Oxford Brookes University in UK.

Saturday, September 24, 2011

ABOUT ACCA

ACCA means Association of Chartered Certified Accountants. It is a UK based CA degree which is recognized almost everywhere around the world. This degree helps learners acquire deeper knowledge of accounting, Taxation and Business laws.


DEMAND:
ACCA has got a worldwide demand. Various well-reputed multinational companies recognized this degree. One can have a god job not only his own country but also in any country recognizing ACCA.Moreover a B.Sc in applied accounting certified is awarded by the Oxford Brookes University of the UK to the student completing the skill level of ACCA upon submitting of a thesis required by the University authority. So it is seen that one can even gain an academic degree without actually putting any extra effort, which will save his or her time and money.


ACCEPTANCE:
in the world 173 countries approve this degree and it is accepted by most of the reputed national or multinational companies. So you can enroll yourself without any confusion

EXAM METHOD OF ACCA

Exam could be given in two method such as:
1:Paper based exam
2:Computer based exam

PAPER BASED EXAM: it is held twice a year, one in June and the other in December, All the subjects could be given in paper based. One can sit for maximum 4 subjects in any six months.
                                    

COMPUTER BASED EXAM: it is held in every month except June and December. Only F1, F2, and F3 could be given in computer based exam.

                                 

PROCEDURE: One can enroll oneself in ACCA course through online by fulfilling an online registration form and paying an initial registration fee. In our country many institutions help the aspirants in that case. So this is no more a hassle for the applicants.

Applicants with minimum requirements, working and studying part time basis might take 3 or 4 years but on the basis of your qualifications and relevant practical experience you can complete it much more.

BOOKS OF ACCA COURSE

There are three parts of ACCA. Such as,

1:Knowledge Level.
2: Skill Level.
3: Professional Level.

KNOWLEDGE LEVEL:
F1-Accounting in Business.
F2-Management Accounting.
F3-Financial Accounting.

                            

SKILLS LEVEL:
F4-Corporate and Business Law.
F5- Performance Management.
F6-Taxation.
F7-Financial Reporting.
F8-Audit and Assurance.
F9-Financial Management.

PROFESSIONAL LEVEL:
P1-Professional Accounting.
P2-Corporate Reporting.
P3-Business Analysis.
P4-Advanced Financial Management.
P5-Advanced Performance Management.
P6-Advanced Taxation.
P7-Advanced Audit and Assurance.

ABOUT THE ENTRY TO ACCA & CAT

CAT:
 You will learn CAT without any educational qualification if you are above 16 years.

ACCA:
 You will learn ACCA without any educational qualification if you are above 21 years. But when you start ACCA without any academic qualification you must be start to ACCA knowledge level.

: If you are completed HSC, Graduation and Masters you are start and continue CAT or ACCA.

If you are completed CAT, you will get exemption in ACCA knowledge level.
                    
                          

If you are completed Graduation and Masters in Accounting, Finance and Management you can have one or more subject’s exemption in ACCA (knowledge level or skill level)

TUT ION FACILITIES:
For ACCA students there are many listed and unlisted tuition providers are working to give a standard studying facility to the applicants.
                                    
 EXAM CENTRE:
I am a student of ACCA in Bangladesh. Our all exams are held in Dhaka British Council Office and Chittagong British Council Office.

NAME OF SOME PROFESSIONAL DEGREE

ACCA: Association of Chartered Certified Accountants.

CA: Chartered Accountant.

                   
CMA: Cost and Management Accountant.

ICS: Institute of Chartered Secretary.


CFA: Chartered Financial Analysis.
CPA: Certified Public Accountant.

CIMA:Chartered Institute of Management Accountant.

ABOUT FIA & CAT

FIA is a fundamental course of ACCA.FIA means Foundation in Accountancy.FIA has 7 papers. If you are completed 7 papers you are a FIA qualified. When you are completed 9 papers you are CAT qualified.

If a student ac hive a FIA qualified he or she must be study to ACCA skill level.
If a student completed CAT he or she must be study to ACCA skill level.
So a student may be completed FIA or CAT their wish. As a student of ACCA my say if you are completed CAT you are more skill than FIA qualified.


ABOUT HND

HND means Higher National Diploma. It is a two years full time or three years part time course.
If you are completed HND you can lead to entry on the final year of a degree course. HND course are vocational in nature as they prepare you for careers in specific areas of industry.





The HND course is composed of sixteen units or subjects, which are spread out over four semesters.
You must successfully complete eight units in the first year in order to progress to the second year.
In the event that you fail one or more units within the first year you will be permitted to continue only once you have successfully completed the failed units.

A part time HND as the name suggests in the same HND course but spread out in away that is more beneficial to those students that can only devote part of their time to study. 

ABOUT BBA

BBA means Bachelor of Business Administration.
The main objective of BBA program is to develop students with a concrete academic base aiming them to take and carry out the responsibilities as young executives.


BBA program also facilitates the necessary knowledge and skills to the students who are planning their careers in government, semi government and social organization.
BBA program provides a balanced and well-developed program of study in the field of business and general education at the undergraduate level.


ACCA @ CAT

This is an introductory qualification for ACCA. Although CAT can be obtained as a standalone qualification, it is often the case that individuals study for CAT as an introduction to accountancy prior to starting the Professional Scheme. It usually takes 1–3 years to complete the Certified Accounting Technician exams. However, there is no restriction on the number of papers that can be attempted in one attempt.


Alternatives to the CAT qualification include the Association of Accounting Technicians qualification. ACCA was a sponsor of the AAT before breaking its links in favor of the CAT qualification in the mid 1990s.
Currently, the Certified Accounting Technician qualification (CAT) has been placed on the National Qualifications Framework of the Qualifications and Curriculum Development Agency (QCA), and publicly-funded educational institutions are now eligible for funding to train towards the qualification in United Kingdom

EDUCATION IN BANGLADESH

The educational system in Bangladesh is three-tiered and highly subsidized. The government of Bangladesh operates many schools in the primary, secondary, and higher secondary levels. It also subsidizes parts of the funding for many private schools. In the tertiary education sector, the government also funds more than 15 state universities through the University Grants Commission.
Primary (from grades 1 to 5), Secondary (from grades 6 to 10), Higher Secondary (from grades 11 to 12) and tertiary.[101] the five years of lower secondary education concludes with a Secondary School Certificate Examination. Students who pass this examination proceed to two years of Higher Secondary or intermediate training, which culminate in a Higher Secondary Certificate (HSC) Examination. Education is mainly offered in Bangle, but English is also commonly taught and used. A large number of Muslim families send their children to attend part-time courses or even to pursue full-time religious education, which is imparted in Bengal and Arabic in maracas
Bangladesh conforms fully to the Education for All (EFA) objectives, the Millennium Development Goals (MDG) and international declarations. Article 17 of the Bangladesh Constitution provides that all children between the ages of six and ten years receive a basic education free of charge.
Universities in Bangladesh are mainly categorized into three different types: Public University, Private University, and International University.
Bangladesh has some thirty public and forty-five private universities. National University has the largest enrollment amongst them and University of Dhaka (estd.1921) is the oldest university of the country.

HISTORY OF MBA

The first graduate school of business in the United States was the Tuck School of Business, part of Dartmouth College Founded in 1900, it was the first institution conferring advanced degrees  in the commercial sciences, specifically, a Master of Science in Commerce degree, the forebear of the modern MBA degree.


In 1908, the Graduate School of Business Administration at Harvard University was established; it offered the world's first MBA program,with a faculty of 15 plus 33 regular students and 47 special students. There is M7 peer recognition for top MBAs.
The University of Chicago Booth School of Business first offered working professionals the Executive MBA (EMBA) program in 1943,first available in permanent campus in three continents  and this type of program is offered by most business schools today.
In 1950, the first MBA degrees awarded outside the United States were by The University of Western Ontario in Canada followed in 1951 with the degree awarded by the University of Pretoria in South Africa In 1957, INSEAD became the first European business school to offer an MBA program In 1986, the Roy E. Crummier Graduate School of Business at Rollins College (Florida) was the first MBA program to require every student to have a laptop computer in the classroom.
The MBA degree has been adopted by universities worldwide, and has been adopted and adapted by both developed and developing countries

BBA IN ACCOUNTING

Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in selecting the information that is relevant to the user and is reliable The principles of accountancy are applied to business entities in three divisions of practical art, named accounting, bookkeeping, and auditing.


Accounting is defined by the American Institute of Certified Public Accountants (AICPA) as "the art of recording, classifying, and summarizing in a significant manner and in terms of money, transactions and events which are, in part at least, of financial character, and interpreting the results thereof."
Accounting is thousands of years old; the earliest accounting records, which date back more than 7,000 years, were found in Mesopotamia (Assyrians). The people of that time relied on primitive accounting methods to record the growth of crops and herds. Accounting evolved, improving over the years and advancing as business advanced.
Today, accounting is called "the language of business" because it is the vehicle for reporting financial information about a business entity to many different groups of people. Accounting that concentrates on reporting to people inside the business entity is called management accounting and is used to provide information to employees, managers, owner-managers and auditors. Management accounting is concerned primarily with providing a basis for making management or operating decisions. Accounting that provides information to people outside the business entity is called financial accounting and provides information to present and potential shareholders, creditors such as banks or vendors, financial analysts, economists, and government agencies.