Association Of Chartered Certified Accountants Course Eligibility & Fee Structure - Xaviers Institute of Business Management Studies - [XIBMS], Bengaluru

Eligibility Criteria: Association Of Chartered Certified Accountants Course

The Association of Chartered Certified Accountants (ACCA) course is open to individuals who aspire to pursue a career in accounting, finance, and business management. Before embarking on the journey to become a chartered certified accountant through ACCA in India, candidates must meet specific eligibility criteria. These criteria ensure that candidates have a strong foundation in accounting and are well-prepared to tackle the rigorous ACCA curriculum.

1. Minimum Age: There is no minimum age requirement to enroll in the ACCA program in India. Candidates can start their ACCA journey as soon as they are ready to commit to the program.
   
   

2. Educational Qualifications:

   1. To start at the Fundamentals level (Applied Knowledge and Applied Skills), candidates must have completed at least the 12th standard (or equivalent) from a recognized educational institution.
   2. For direct entry into the Professional level, candidates need to hold a relevant bachelor's degree from a recognized university.
      
      

3. English Language Proficiency: Since ACCA exams are conducted in English, candidates must demonstrate proficiency in the language. This can be proven through qualifications like a recognized English language proficiency test (e.g., IELTS or TOEFL) or by showing proof of having completed a degree program in English.
   
   

4. Exemptions: Candidates with relevant prior qualifications, such as a degree in accounting or finance, may be eligible for exemptions from certain ACCA exams. Exemptions are determined based on the candidate's previous qualifications, and ACCA provides a tool on its website to check eligibility for exemptions.
   
   

5. Registration with ACCA: Once candidates meet the eligibility criteria, they must register with ACCA through their online portal or by submitting a paper-based registration form. During registration, candidates provide personal information, educational background, and contact details.
   
   

6. Payment of Registration Fees: Candidates are required to pay the registration fee, which includes an initial annual subscription fee. The fee amount may vary depending on the country and exchange rates. ACCA provides the current fee structure on its website.
   
   

7. Ethics and Professional Skills Module: Candidates must complete the Ethics and Professional Skills Module as part of their ACCA journey. This module focuses on ethics, governance, risk management, and professional skills development. It is mandatory and must be completed before taking any Professional level exams.
   
   

8. Practical Experience Requirement (PER): To become a fully qualified ACCA member, candidates must complete a minimum of three years of practical experience in a relevant accounting or finance role. This requirement ensures that ACCA members possess not only theoretical knowledge but also practical skills.

Fee Structure:

The fee structure for ACCA in India are essential aspects of the admission process. Meeting the eligibility criteria ensures that candidates are academically prepared for the program, while understanding the fee structure allows candidates to plan their finances effectively throughout their ACCA journey. ACCA provides valuable resources and support to help candidates navigate these requirements and achieve their goal of becoming chartered certified accountants.The fee structure for ACCA in India is designed to cover various components, including registration, exam fees, and annual subscription fees. It's essential for candidates to plan their finances carefully to ensure they can meet these financial obligations throughout their ACCA journey.

1. Registration Fees: The initial registration fee for ACCA is a one-time payment that allows candidates to start their ACCA journey. This fee may vary depending on when candidates register and their location. ACCA provides a schedule of registration fees on its official website.
   
   

2. Annual Subscription Fees: ACCA requires candidates to pay an annual subscription fee to maintain their student or affiliate status. This fee is payable each year and allows candidates to access ACCA's study resources, support services, and exam entry. The annual subscription fee varies depending on the country and is subject to change.
   
   

3. Exam Entry Fees: Candidates must pay separate exam entry fees for each paper they attempt. The fee amount varies depending on the level of the exam (Fundamentals or Professional) and whether it's an early, standard, or late entry. Candidates can find the most up-to-date exam entry fees on ACCA's official website.
   
   

4. Exemption Fees: If candidates are eligible for exemptions from certain ACCA exams based on their prior qualifications, they may need to pay exemption fees for each paper from which they are exempted. The exemption fees are in addition to the registration and annual subscription fees.
   
   

5. Ethics and Professional Skills Module Fees: There is a fee associated with enrolling in the Ethics and Professional Skills Module, which is mandatory for all ACCA candidates. This fee covers the module materials and assessments.
   
   

6. Practical Experience Requirement (PER) Fees: While there is no specific fee for the PER, candidates should consider the costs associated with gaining practical experience, such as any training programs or mentorship fees.