ACA and CICPA Joint Programme
The joint programme between ICAEW and the Chinese Institute of Certified Public Accountants (CICPA) is the only agreement to be reached with a professional accountancy body outside of the People’s Republic of China.
This accelerated study route to ICAEW membership is available to CICPA members (see below) who have obtained membership by complying with its training and examinations requirements.
Studying the ACA and then CICPA
For individuals who are not members of CICPA the full ACA programme is available (see below), this will then provide you with a faster route to completing the CICPA. Once you have gained the ACA qualification, you claim for credits to two out of the seven CICPA exams.
It’s worth remembering that you are required to have the right qualifications from the CICPA to sign off audits in China. So depending on your career plans and aspirations you might need to complete the CICPA too.
CICPA members
For CICPA members, the ACA from ICAEW is a combination of exams and ethics training. As a CICPA member, your training and professional experience entitles you to credits for prior learning for 10 of the 15 ACA modules.
You will need to successfully complete the following exams:
Financial Management
Business Planning
Strategic Business Management
Corporate Reporting
Case Study
You will also receive credit for 150 days of technical work experience. You will therefore need to complete 300 days of relevant technical work experience (or equivalent hours) within in a minimum of a two-year training agreement with an ICAEW authorised training employer. Companies you could end up working for in China include: Ruihua, PwC, Deloitte, EY and KPMG.
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