BS
in Accounting Technology in the Philippines
The
Bachelor of Science in Accounting Technology program aims to provide students
with a strong foundation of knowledge and skills regarding accounting standards
and techniques, in order to prepare them for careers as bookkeepers, auditors
and accounting staff.
Accounting Technician is a new terminology in the Philippine
marketplace but is widely used in Australiaand the United Kingdomto identify a
range of accounts or bookkeeping occupations working in all industries and
sectors.
An Accounting Technician carries out valuable accounting and
related jobs. They work at all levels from account clerks to financial
controllers.
Can Accounting Technology graduates work as accountants?
Graduates of BS in accounting technology program won't be eligible to take the
CPA board exam and work as accountants. They would need to take the BS in
Accountancy program to be able to do so.
The BS in Accounting Technology enables graduates to work as bookkeepers and
auditors.
BS in accounting technology graduates are eligible to work abroad after taking
the CAT exam.
What exam do I need to take to practice as accounting technicians
in the Philippines?
A graduate of Bachelor of Science in Accounting Technology needs to take and
pass the Certified Accounting Technician (CAT) Examination in order
to practice as accounting technicians in the Philippines. This is offered by
the Association of Chartered Certified Accountants (ACCA).
What are the requirements for admission to the Certified
Accounting Technician Examination?
- Must not have
any case filed or pending for moral turpitude in any court in the
Philippines that involves moral turpitude
- Must have
finished the Certified Accounting Technician program in the National
Institute of Accounting Technicians
- Must have a copy
of the Transcript of Records with Special order and date of graduation
- Must be a holder
of a degree in Bachelor of Science in Accounting Technology
- Must have an original
copy of community tax certificate (cedula)
- Must have a copy
of the NSO authenticated birth certificate
- Must be of good
moral character
What are the career opportunities for graduates of Bachelor of
Science in Accounting Technology in the Philippines?
- Financial
Services Manager (Commerce & Industry and Government Sectors)
- Senior
Information Systems Internal Auditor
- Financial
Accounting and Reporting Staff
- Senior Forensic
Internal Auditor
- Financial
Statement Preparers
- Management
Accounting Staff
- Vice President
for Finance
- Chief
Information Officer
- Accounting
Technician
- Senior Fraud
Examiner
- Chief Financial
Officer
- Tax Accounting
Staff
- Internal Audit
Staff
- Financial
Analyst
- Budget Analyst
- Credit Analyst
- Comptroller
CAT Challenge Exam
If you
have graduated from any of the accredited providers, then you will only have to
take the CAT Challange Exam.
The CAT
challenge exam can be take in three levels:
Level 1
: Practical Accounting
Level
2: Cost Accounting
Level
3: Taxation and Payroll Accounting
Work Experience Required
To fully
become an Accounting Technician, the National Institute of Accounting
Technicians require the students who have passed the CAT Program to
acquire at least one (1) year relevant experience after passing the exams which
will first be evaluated by NIAT in order to properly credit it.
Our requirement
of work experience is to make sure of the quality of our Accounting Technicians
on whether they understand or grasp the essence of what an Accounting
Technician is capable of. And evaluating their coming from is just our way to
make sure that when our graduates take on the title of CAT, they trully deserve
it.
There are
no limitations on the titles a student should or will possess in their pursuit
of the one (1) year work experience because the variety of duties in the
accounting and finace industry is very wide
What can you do after
qualifying?
Many NIAT members took up key roles in accounting practices and in industry. These covered a broad range of finance roles in many types of organisations across different sectors from private industry to local and central government. Some members pursue careers in accounting management by becoming members international bodies such as Institute of Certified Bookkeepers UK (ICB), Institute of Accounting Technicians (IAT) Canada and Institute of Certified Management Accountants (ICMA) Australia.
CREDITS:
NIAT, Finduniversity.ph