Is an ATPL equivalent to the Chartered Accountant’s exams? Definitely not. All the professional accountancy qualifications have to be carried out through the sponsorship of an employer with a structured training programme which lasts at least three years. The employer has to undertake that the student will receive appropriate “on-the-job” training and the studying is much more intensive.
The exams (6 in the first year, five in the second and four in the year plus now, a case study lasting a few days) are 60% written essay questions with only 40% being multi-guess. The pass rates are much lower with exams failures along the way being commonplace.
There is no way anyone could complete all the exams for Chartered Accountancy with a year’s part-time study!!
Can I have me 12 points please!
Cheers
Whirls