The Association of International Accountants (AIA) is an internationally known professional accountancy examining body with members in more than 85 countries worldwide. Being founded in 1928 and with a membership body consisting of professionals in accountancy, finance, audit, business and economics, the AIA is one of the main bodies recognised as being able to license auditors to practice in the UK under the Company’s Act 2006.
AIA Qualifications Benefits
The benefits of gaining the AIA Association of International Accountants qualification includes being in demand the world over as an accountant with International Financial Reporting Standards whilst having a local accountancy expertise. Key skills enable AIA qualified accountants to work within large multinational organisations and practices anywhere in the world with a broad knowledge base that can take the accounting professional in any direction within their field as they progress.
AIA Course Structure
The AIA qualification course structure is divided into three stages with separate exams for each stage:
• Financial Accounting 1
• Business Economics
• Management Accounting 1
• Auditing and Taxation
• Information Processing
Successful completion of the Foundation level will gain the student the “Certificate in Accounting” qualification.
Professional level 1
• Company Law
• Management Information
• Business Management
• Financial Accounting 2
• Management Accounting 2
Successful completion Professional Level 1 will earn students the “Advanced Diploma in Accounting” award.
Professional Level 2
• Financial Accounting 3
• Financial Management
• Professional Practice (Auditing)
• Taxation and Tax Planning
Completion of the final Professional Level as well as three years’ relevant work experience will earn the student the full AIA Association of International Accountants qualification.
AIA Course Requirements
To be eligible to enrol on the AIA accountancy course students need to have achieved two A Levels and three GCSEs which must include English and Maths. Alternatively, a degree in any subject or three years’ relevant work experience gained within the accountancy profession.
There are sixteen exams (one for each subject) which each take three hours to complete and are all in English and use International Accounting Terminology and assume knowledge of International Financial Reporting. Exams take place in May and November every year in assessment centres across the world.