Association Of Chartered Certified Accountants (ACCA): Courses, Admission, Syllabus, Colleges, Eligibility, Entrance Exam, Career Scope and Salary

  • course years 3 Years
  • type of course Post Graduate
  • course stream Commerce
  • course type Full Time
Written By universitykart team | Last Updated date Oct, 09, 2024

The Association of Chartered Certified Accountants is a professional accounting body that offers a professional qualification in accountancy. The ACCA has 233,000 current and future members. Its headquarters are in London with its principal administrative office in Glasgow. If you're thinking of getting this qualification, here are some of the reasons why you should consider getting it. 

ACCA offers a number of different courses to meet the requirements of the ACCA Qualification. There are also foundation-level diplomas and certificates you can do to gain an introduction to the field of accountancy. The Foundations in Accountancy, also known as the FAA, is a good first step for people who want to get into the field of accountancy but don't quite meet the eligibility requirements for the ACCA Qualification. 

ACCA certification is widely accepted by employers worldwide and is recognized in 180 countries. Most ACCA-qualified professionals in India are employed with MNCs and Big 4 accounting firms. In fact, it's the only accounting qualification in India that is recognized by MNCs and other major employers.

Benefits of Association of Chartered Certified Accountants

An ACCA certification is an excellent asset in today's economy. Whether you are working in the private practice, financial services, or the corporate sector, your membership will be recognized globally. Upon completing 5 years of ACCA study, you can then become an FCCA. This designation signifies substantial knowledge and dedication to the profession. 

The Association of Chartered Certified Accountants qualification will open many doors. You can join the big four accountancy firms or begin a consultancy business of your own. You can also choose a career in management or other fields. By becoming a member of the ACCA, you will also have access to many training programs and CPD resources. 

You will receive the professional journal, Accounting, and Business, sent to you ten times a year. This magazine features articles on key issues, CPD, and careers, and provides valuable advice. Additionally, you'll have access to AB Direct, the association's weekly e-bulletin. 

ACCA certification can be obtained through a flexible online or in-person course. This flexible study schedule allows you to work and study at the same time. You will need at least three years of practical experience to obtain your ACCA certification, which is why it is a highly sought-after qualification. You will also be eligible for nine papers exemptions, which can give you an advantage over other students. 

Eligibility for Association of Chartered Certified Accountants

The candidates must have passed 10+2 in any stream from a recognized board.

They must have a minimum aggregate of 55% to be eligible for the program.

Future Scope of Association Of Chartered Certified Accountants

Whether you are planning to make a career move or already have one, there are plenty of opportunities available for CAs. As an accountancy professional, you can use your ACCA qualification to find high-profile jobs abroad and even land a job with an MNC in India. 

With the rise of the economy, many people are considering accountancy as a career. With the rising demand for accountants all over the world, the future of the industry is bright for professionals with accounting expertise. In fact, accountancy is becoming a multi-billion dollar industry in the next few years. 

If you want to work abroad, an Association of Chartered Certified Accountants is compulsory. The British government recognizes the ACCA certification as a professional qualification, and if you're a citizen of the UK, you'll be able to work there. Moreover, ACCA members can also pursue jobs in the field of management consulting and financial planning. 

The ACCA is also recognized internationally as a Designated Professional Body. Its members are recognized as having equivalent qualifications across the EU, the European Economic Area, and Switzerland. As a result, ACCA members can practice their profession as accountants in all of these countries.

Career Opportunities and Job Prospects of Association Of Chartered Certified Accountants

The ACCA qualification is mandatory for those who wish to work in foreign countries. There are various jobs available in the financial sector in the UK, Singapore, and India. ACCA professionals can also pursue careers as management consultants or as financial planners. In India, there is a high demand for qualified Accountants. 

Despite the global recognition of ACCA, not all companies offer employment to ACCA members. However, ACCA members are in high demand and have the highest job retention rate. This makes them an excellent choice for many international companies and is respected by the business community. 

A strong foundation in financial models is another advantage of the Association of Chartered Certified Accountants certification. After earning your qualification, you can seek professional work experience as an Auditor, Accountant, or Tax Advisor. You can also work in a variety of top positions at renowned firms with a broad knowledge of international laws. 

The ACCA course is highly flexible and versatile and graduates will find employment in a wide range of roles. Most graduates begin their careers in entry-level roles such as accounts payable or accounts receivable. With further education and experience, however, these positions can lead to higher-level positions in corporate finance.

Course duration and fee details of Association Of Chartered Certified Accountants

The average fees for the completion of the program are 2 lacs or it may vary from college to college.

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