ACCA – A Global Career option after 12th
ACCA is one of the best career options for 10+2 & Commerce graduates or students and professionals who are willing to build a global career.
ACCA stands for the Association of Chartered Certified Accountants, United Kingdom and it is a globally-recognized accounting qualification that provides a strong foundation to students and professionals for careers in Accounting, Tax Consulting, Auditing, Business Valuation, Treasury Management etc which is offered by UK Chartered Accountancy.
The Association of Chartered Certified Accountants (ACCA) which was established in 1904 is a global professional accounting body offering qualified ‘Chartered Certified Banks’.
As a globally recognized education, ACCA qualification is a great way to pursue a career in accounting and finance. Students can follow it upon graduation. Its flexibility examination program makes this qualification more attractive.
A student can choose among the following:
- Can get a Diploma / Advanced Diploma in Accounting and Business and obtain ACCA membership status
- Can get a BSc. Bachelor of Applied Accounting (Honeys) degree offered by Oxford Brookes University.
- Can do M.Sc. in Professional Accounting offered by University of London.
Now here are some questions which may arise in your mind now, let’s dive in to know the answers to all such questions:
It is globally recognized in more than 78 markets, and has more than 80 international accountancy body partnerships.
Confidence is communicated as your skills are tested in 14 rigorous tests, but also provides a great way to build your resume.
A long-term career as an ACCA trains you to play a strategic role at senior management levels.
The total cost, 2 to 3 lakhs, is cheaper than the available options.
If you want to become a professional accountant and pursue a career in global finance and accounting services, in your country or in other countries around the world then ACCA definitely fits you in all aspects.
Does one need any credentials to get started?
Yes, you need at least three GCSE and two A levels in five different subjects including Mathematics and English.
If you do not have these minimum qualifications, you must register for Accounting Futures and study one or more of our entry level qualifications.
Eligibility, Duration & Exemptions:
What kind of work can one do with this qualification?
As a qualified Chartered Certified Accountant, you can work in any field and any size. For example, with the ACCA qualification you can specialize in one area of accounting, such as auditing or tax, with a small institutional accountant or with large accounting firms.
ACCA in India
Most ACCA qualified professionals in India are working with the Big MNCs. India is taking another step towards globalization by introducing AS-INS in principles similar to IFRS. The ACCA broadly incorporates IFRS in its curriculum, which will certainly be a priority for ACCA members in India.
India has become an important source of financial accounting and financial activity, and employers select ACCA qualified professionals to manage these activities.
In India, the average salary paid to ACCA freshers is between INR3,50,000 to INR 4,00,000.
How long does it take to complete?
It depends on what credit you have before registering with us. The ACCA has a time limit of ten years from the date of registration to complete the exam module.
Can one do other ACCA qualifications?
Yes, as an ACCA member, you need to keep your knowledge and skills up-to-date. We provide you with many learning opportunities including technical resources, reading articles, courses and seminars. We offer an MBA with Oxford Brookes University for members who wish to qualify for a general occupation.
When ACCA exams held?
ACCA has a flexible study approach and you can take their computer based test at any of their ACCA’s Authorized Computer Based exam centres.
ACCA has two types of computer-based exams (CBEs):
- F1-F4 papers: On-demand CBEs – you can appear for these exams at any time of the year.
- F5-F9 papers: Session CBEs – you can appear for these exams in any of the four sessions held in March, June, September & December.
Learn more IFRS course articles here …..
INTRODUCTION TO IND AS – INDIAN ACCOUNTING STANDARDS
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