1. CHARTERED ACCOUNTANCY Professional advice to organisations and individuals

2. CHARTERED ACCOUNTANT (CA) - UK CHARTERED CERTIFIED ACCOUNTANT (CPA) - USA

3. Insure that professional standards are enforced Offer advisory services to clients in: financial reporting, taxation, auditing, forensic accounting, insolvency Audit financial statements and business practises Help in making high-level strategic decisions Set up businesses of their own

4. THE USA The American Institute of Certified Public Accountants (AICPA) 1.Study accountancy 2.Pass the CPA examination 3.Have professional work experience in public accounting

5. THE UK The Institute of Chartered Accountants in England and Wales (ICAEW) 1.Have sufficient school or university education 2.Apply for a training contract with a recognized company, 3 years’ work experience 3.Pass the ICAEW’s exam

6. CPA examination (USA)  Business Law and Professional Responsibilities  Auditing  Accounting and Reporting – Taxation, Managerial, and Governmental and Not-for-Profit Organizations  Financial Accounting and Reporting – Business Enterprises

7. CA examination (UK)  Accounting  Audit and assurance  Business Finance  Business Management  Financial Reporting  Taxation  Commercial Law  Business Environment  Business Life Cycle  Advanced Case Study

8. FIND OUT: 1.What is the major accounting body in Croatia? 2.What are the prerequisites for becoming a CA in Croatia? 3.What does the CA exam in Croatia consist of?

9. Use the following words: expertise, business, profitability, share Chartered accountants are involved in improving ___________ and increasing market ________ for their clients. They are expected to use their ________ not only in finance, but also in marketing, management, economics and every other _____________ area.