ACAT Accreditation
A standard for excellence, a committment to professional development.
Accreditation Council for Accounting and Taxation (ACAT)
The Accreditation Council is a non-profit, independent accreditation organization seeking
to identify specialist in accountancy and federal taxation serving the financial needs of
individuals and small businesses. ACAT serves as a testing, accrediting and
monitoring organization.
ACAT promotes and maintains the integrity of its accreditation programs for the benefit of
professionals who have invested the time, resources and commitment to continuing
professional development. Further, ACAT seeks to assure clients that accredited
professionals will provide the highest degree of specialized technical proficiency in
small business and individual accounting and taxation services.
Accreditation in Accountancy
Accredited Business Accountant (ABA)
Designed to support the needs of small businesses and individual/family financial
services, accountancy accreditation is obtained through examination. The ACAT
comprehensive accountancy exam tests technical proficiency of candidates in financial
accounting, compilation services, managerial accounting, taxation, business law and
ethics. Emphasis is on a practical approach to professional accounting services
required by small business entities. National uniform examiniations are conducted
twice a year, in May and December, and require significant preparation.
Individuals holding Accreditation in Accountancy (Accredited
Business Accountant) must earn 120 hours of continuing professionl eduction
every three years. This meets or exceeds the recommended educational requirements of
all state boards of accountancy.
Accreditation in Federal Taxation
Accredited Tax Preparer (ATP)
Through comprehensive, practical course work, enrollees are exposed to critical compliance
issue, as well as the mechanics of preparing a variety of tax returns. The
Accredited Tax Preparer program provides the flexibility and confidence needed to prepare
individual tax returns.
Individuals must earn 90 hours of continuing education every three years. This
exceeds the educational requirements for those enrolled to practice before the Internal
Revenue Service.
Accredited Tax Advisor (ATA)
This is a six-course, advanced program which focuses on the areas essential to an
advisor's practice. It prepares individuals to handle complex and sophisticated tax
planning issues, including planning for owners of closely held businesses, planning for
the highly compensated, choosing qualified retirement plans, and performing estate
planning. Tax practice procedures and case studies are also covered. This
rigorous six-course program of study provides the scope of information necessary to
effectively meet the needs of today's growing tax planning clientele.
Individuals must earn 90 hours of continuing education every three years. This
exceeds the educational requirements for those enrolled to practice before the Internal
Revenue Service.
ACAT's Code of Ethics and Rules of Professional Conduct are among
the highest standards of practice in the financial and taxation professions.
Compliance with this standard of professional integrity is required of all those with
accreditation.
For more information, phone ACAT at 703-549-2228, ext. 1341,
FAX to 703-549-2984, or see ACAT's web site at http://www.acatcredentials.org.