Accreditation from ACAT has a positive impact on practitioners in a variety of ways. Whether you want to raise your salary, earn professional recognition or give yourself a competitive advantage, ACAT is ready to assist and support you in achieving your goals.
ABA Accredited Business Accountant® is ACAT’s trademarked designation for Accreditation in Accountancy. The ABA is a prestigious professional accounting credential that demonstrates to clients, potential clients and employers that the credential holder has a thorough knowledge and proficiency in financial accounting, financial reporting, financial statement preparation, taxation, managerial accounting, business law, and ethics for small- to medium-sized businesses.
In some states—DE, IA, MN—achieving the ABA designation meets state regulatory requirements to practice public accountancy. MN requires a 75% passing score on both Practices of the exam. The use of the term “accountant” for non CPAs varies by state. In states where the term “accountant” cannot be used in any form or in states that allow the use the term “accountant” as a stand alone word but with a disclaimer—AL, AK, AR, CA, HI, IN, KY, LA, ND, NV, NY, OH, OK, PA, RI, SC, SD, TN and TX, accredited individuals use Accredited Business Advisor®. The process for attaining the credential and rules for use are the same.