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CIMA the choice for Big 4
The Big 4 accountancy firms are now recruiting a lot more CIMA PQs than ACCA ones, according to the recent Accountancy magazine survey.
Together PwC, KPMG, Deloitte and EY have 854 CIMA trainees on their books, compared to just 301 ACCA students. In fact, KPMG in the UK is reported to have no (0) ACCA trainees signed up in 2017.
Deloitte has the most CIMA trainees with 356. However, outside the Big 4 it is the ACCA qualification that is more popular. In the study of the Top 75 firms there are just over 1,000 ACCA’s study with the firms. This compares to 886 CIMA PQs.
The ICAEW is by far the most popular qualification, with 67.5% of all PQs studying for this qualification. Next up is ICAS with 15% (2,506) of the total. Then comes the ACCA with 6.4% followed by CIMA with 5.3%. The CIOT and CIPFA also have students on the list, but in far lower numbers.
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