Prestigious International Accounting Body Recognizes Columbia College’s Business Management Program
Columbia College today announced that the Association of Chartered Certified Accountants (ACCA) has completed a formal review of its Diploma in Business Management Program and granted it accreditation. This prestigious body was founded over 100 years ago under a Royal Charter in the United Kingdom. It is the largest and fastest-growing international accountancy body in the world with 424,000 students and 147,000 members in over 170 countries. It offers premium qualifications to people around the world who seek a rewarding career in accounting, finance and management. It works to achieve and promote the highest professional, ethical and governance standards and advance the public interest.
“We take this recognition by the ACCA – a well-renowned and respected international accounting body – with immense pride,” commented Dr. J.T. (Tom) Snell, president of Columbia College. He adds, “It provides yet another convincing demonstration of the quality of our education programs and the high-calibre of our faculty and staff. As we work toward achieving degree-granting status, we will continue to improve our program with a goal of achieving additional exemptions from the ACCA.” Ben Ontuca, Assistant Chair of the Business Management Department, went on to say, “The ACCA is an excellent alternative for students who want to obtain a recognized professional accounting designation at a reasonable cost. This is definitely a positive development for the program and for our students and graduates, and we could not be more pleased.”
The ACCA Qualification is recognized by thousands of well-established employers world-wide. In Canada, employers who have recruited or are actively recruiting ACCA-trained accountants and graduates include: American Express, Bank of Montreal, CIBC, General Electric, Hewlett-Packard, Microsoft Corporation, Procter and Gamble Company, Shell Canada, and the Standard Life Insurance Company. Canadian public-sector employers (such as the Canada Customs and Revenue Agency and the Ministry of Finance) as well as renowned international accounting and auditing firms (such as Ernst and Young, KPMG, Deloitte, and PricewaterhouseCoopers) have also hired ACCA-trained accountants.
Many universities and colleges throughout the world have courses recognized by the ACCA. In Canada, post-secondary educational institutions where course exemption accreditation with the ACCA may be available include the University of Alberta, University of Calgary, University of Lethbridge, Athabasca University, Grant McEwan University, University of Toronto, Queen’s University, Royal Roads University, and University of Victoria. As well, the Canadian Institute of Chartered Accountants (CA) recognize ACCA as having the Canadian equivalence of a bachelor’s degree (4 years) in Accounting.
The ACCA and the Certified General Accountants of Canada (CGA) have a current Mutual Recognition Agreement which provides a mechanism through which members of one association can be recognized by the other and vice versa. The ACCA also has similar agreements with other national accounting bodies in various countries throughout the world including Hong Kong, Singapore and Malaysia.