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Journey to becoming a CA (SA) images (1), Finally - Coggle Diagram
Journey to becoming a CA (SA)
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Theory of Professions
John L. Carey's Criteria
The basis requirement is a degree in accounting. A form of education that branches towards qualifying as a CA(SA). the completion of articles follows which includes practical training.
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One needs to live by a code of ethical standards that uphold the profession and responsibility of a CA(SA). There is a specified code of conduct that CA's should follow and uphold their work to.
Upon proving that you are a suitable candidate and qualifying - the title 'CA' is obtained as a high honor. It shows dedication and commitement to the industry. You become a memeber of SAICA.
Historical Context (UK)
The First Industrial Revolution brought about the need for more formal bookkeeping/accounting practices as the economy grew rapidly and became more complex.
The formation of the UK's professional bodies were formed - namely, Society of Accountants in Edinburgh (1854) and the Institute of Chartered Accountants in England and Wales (1880).
Royal Charter - this is a legal form of recognition in the form of a legal document that grants an entity independent legal status and defines its objectives, constitution, and governance.
As accounting standards improved and the economy became more complex, the 19th century brought about training and examinations to ensure that the same high standards for correct reporting was followed. From basic bookkeeping to bankruptcy law.
A profession consists of a group of individuals with a set of shared specialized skills and interests.
There are ethical standards of which should be complied by and expectations within the societal setting to work ethically.
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