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The Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA or FCCA). From June 2017, ACCA recorded that it has 198,000 members and 490,000 students in 178 countries.

ACCA is very helpful to 12th pass out students who wants to gain Global Qualification along with BCom.

ACCA provides exemption for past qualification like BCom, MCom, BBA, CA IPCC passed out (Any Group), CA Member. So that students have to give only remaining papers only. For more details, regarding exemption contact our institute or ACCA directly.

ACCA have total 13 papers total which are as follows,

Fundamental Knowledge level

1 – Accountant in Business
2 – Management Accounting
3 – Financial Accounting

Skills Level:

4 – Corporate and Business Law
5 – Performance Measurement
6 – Taxation
7 – Financial Reporting
8 – Auditing and Assurance
9 – Financial Management

Professional Essentials

1. Strategic Business Leader
2. Strategic Business Reporting

Optional: (any 2)

3. Advanced Financial Mgt.
4. Advanced Performance Mgt.
5. Advanced Taxation
6. Advanced Auditing

The above professional level structure is applicable from September 2018(No change in fundamental level). Students who wants to appear before September 2018 have to refer old professional level structure.

 

Important Information

  • To pass each paper student is required to score 50% marks.
  • ACCA takes paper based exam in March, June, September, December.
  • Students can give maximum 4 papers in any quarter.
  • There is no Group system.
  • sFirst 4 papers of fundamental level are computer based exam.

 

Reasons to choose ACCA

Gain Bachelors and Masters Degree with ACCA qualification:

  • BSc (Hons) from Oxford Brookes University:

Completing Fundamental level, student can get BSc in Applied Accounting by submitting a project only.

  • MSc in professional accountancy from University of London:

With one set of module student can get Masters degree along with ACCA qualification.

Mutual Agreement of Membership:

To make it easier for you to work wherever you want, ACCA has formed mutual recognition agreements around the world, which are as below,

  • AAA – United Arab Emirates(UAE)
  • CA – Australia and New Zealand
  • CGA – Canada
  • HKICPA – Hong Kong
  • MICPA – Malaysia

Employer Trust the ACCA:

7400 Employer trust and respect ACCA qualification. They value the skills and contribution that ACCA qualified professional makes to their business.

Flexibility and Personalized planning:

  • A student can give any Computer Based Exam at any point of time during the year.
  • Paper based exam is also flexible that student can give any paper in any exam session as per their convenience.
  • This type of flexibility is very rare in Indian education system.

Great opportunity in Big Four and MNCs:

  • Because of emergence of IFRS and international law, Big four and MNCs always prefer ACCA to promote their global business.
  • Sometime MNCs only prefer ACCA for specific work because of specialization.

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