Wednesday, November 23, 2011

BS ACCOUNTING TECHNOLOGY

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    

0 comments:

Post a Comment

Twitter Delicious Facebook Digg Stumbleupon Favorites More

 
Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | Design Blog, Make Online Money