Accountants exclusively in the British division.
As a chartered accountant you'll give advice, audit accounts and provide trustworthy information about financial records. This might involve financial reporting, taxation, auditing, forensic accounting, corporate finance, business recovery and insolvency, or accounting systems and processes.
Under the Mutual Recognition Directive, European Economic Area (EEA) and Swiss nationals holding a professional qualification can become members of the equivalent bodies in another member state. They must, however, pass an aptitude test in understanding local conditions (which for accountants will include local tax and company law variations).
As a chartered accountant, you'll need to:
manage financial systems and budgets
undertake financial audits (an independent check of an organisation's financial position)
provide financial advice
liaise with clients (individuals or businesses) and provide financial information and advice
review the company's systems and analyse risk
perform tests to check financial information and systems
advise clients on tax planning (within current legislation to enable them to minimise their tax liability) and tax issues associated with activities such as business acquisitions and mergers
maintain accounting records and prepare accounts and management information for small businesses (accountancy)
advise clients on business transactions, such as mergers and acquisitions (corporate finance)
counsel clients on areas of business improvement, or dealing with insolvency
detect and prevent fraud (forensic accounting)
manage junior colleagues
liaise with internal and external auditors (where applicable) and deal with any financial irregularities as they arise
produce reports and recommendations following internal audits or public-sector audits
prepare financial statements, including monthly and annual accounts
arrange financial management reports, including financial planning and forecasting
advise on tax and treasury issues
The local title is, however, not available for use if the professional does not choose to join the local professional body. For example, a holder of the French expert comptable (in French) qualification could practise as an accountant in England without taking a local test but could only describe him or herself as "expert-compatible (France)" not "Chartered Accountant". Within the EEA, only the UK and Ireland have bodies that issue the Chartered Accountant title.
Any candidate who is successful will undergo all relevant industry training and subsequent exams.