ACCA (the Association of Chartered Certified Accountants) is removing an option for CIMA members to obtain direct membership of ACCA with effect from 1 January 2012.
The direct membership route has historically been available to suitably experienced members of a small number of accountancy bodies, based on the overall quality of their qualifications and an equivalence in the core syllabus coverage.
This change will be made alongside other ACCA Rulebook amendments with effect from 1 January 2012. ACCA is informing the market of this change now to provide fair notice to CIMA members with appropriate experience who may already be making their applications for direct membership of ACCA.
ACCA will continue to offer CIMA members and students exemptions from selected ACCA Fundamental Level papers for those CIMA examinations which match the content of the ACCA Qualification.