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What is ACCA?
The Association of Chartered Certified Accountants abbreviated as ACCA was formed in 1904. It is the global body for professional accountants which offer Chartered Certified Accountant qualification. Through its global networks, students can study ACCA all over the world.
ACCA mainly focuses not only in finance and accounting but also acquires valuable skills in organizational management and strategy. This course has been internationally recognized in 180 countries but mainly in the UK and European countries.
The ACCA Qualification is based on global accounting and auditing standards and hence covers knowledge of UK GAAP, Laws and IFRS. It opens the doors of many International and National companies handling overseas clients. ACCA Professional qualification is of a high standard and is equivalent to completing a full University Degree.
Why you should choose to study ACCA?
Are you thinking why should I choose to study ACCA? If yes then following are some reasons to choose ACCA:
✔️ACCA provides a world of opportunities
✔️Global work opportunity
✔️Stand better among other employees
✔️Flexible Exam Schedule
✔️Skill Development for success
ACCA Course Structure
Following is the structure of ACCA course:
✔️You have to qualify 13 exams however it provides an exemption in some exams depending upon your previous qualification.
✔️Students need 36 months of experience in a relevant role & you can take experience before, during or after completion of the course.
✔️It is compulsory to complete the Ethics & Professional Skills module.
ACCA course duration
The duration of the ACCA course depends on your level of education. For example, if you are a 12th passed, the course is for 3 years, commerce graduate studies for 2 to 2.5 years, IPCC (both groups) for 2 years, B.Com and IPCC study the ACCA course for 1 year, and CA graduates also study for 1 year.
ACCA course eligibility
The eligibility criteria to pursue ACCA is:
✔️The candidates must be at least 18 years of age and must complete 10+2 as a minimum required qualification.
✔️A minimum of 65% is required in Accounts or Mathematics and English, in grade 12 exams.
Students should have scored 50% in their other subjects.
ACCA Exams
ACCA exams are divided into three stages:
✔️Applied Knowledge Exams
✔️Applied Skills Exams
✔️Strategic Professional
ACCA career options
After ACCA you can become
-Financial Accountant
-Auditor
-Management Consultant
-Tax Consultant
-Auditor
-Marketing Analyst
-Business Analyst
-Corporate Analyst
-Management Consultant
-Accounts Manager
-Finance Manager
ACCA job opportunities
ACCA qualification provides a wide range of job opportunities & after completing this course students can work in senior financial roles anywhere in the world.
Scope of ACCA in India
Job opportunities for ACCA members in India have increased rapidly over the past few years. The majority of the ACCA professionals in India are working with the Big4s or MNCs. Indian employers are hiring ACCA professionals enthusiastically as they have become aware of their qualifications. Price Waterhouse Coopers, Ernst and Young, Deloitte, KPMG, TATA are leading employers in India for ACCA. Now similar job profiles, salary packages & designations are offered to ACCA & CA members.
ACCA salary in India
The salary of ACCA in India is equivalent to that of a CA professional. An ACCA member can earn an average salary of up to INR 8 lac p.a. The pay scale generally ranges between INR 4 lac p.a. To INR 15 lac p.a. It could go higher too, depending upon the candidate’s skills, company’s demands, competition, etc.
00:00 ACCA After Class12th Overview Introduction
00:24 Career option for good job & growth in professional life
00:29 What is ACCA
00:40 Work Profile of an ACCA
01:17 ACCA Course Overview
01:35 Myth- ACCA fees is too high
02:03 ACCA Knowledge Level Overview
02:17 ACCA Skill Level Overview
02:31 Benefits of ACCA
04:23 ACCA Strategic Professional Level Overview
05:29 Join a free community of ACCA Students on www.learn91.com
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