Basics of ACCA Certification

What Is an ACCA Course?

Association of Chartered Certified Accountants, or as the acronym goes ACCA, institute was established in 1904 is the professional accounting core assisting the Chartered Certified Accountant capability. ACCA is a fast accumulating international accountancy organization with 2,00,000 members and 4,86,000 pupils in 180 countries. As a globally well-known education qualification and updated Industry-related content, ACCA credential is a great way to create a career in Accounts and finance. Students can start their ACCA online coaching along with their graduation. Its elastic examination scheme makes this qualification more impressive.

Learners pursuing ACCA training in India are able to earn a Diploma or Advanced Diploma in Accounting and Business and go on to achieve an ACCA Member status and receive a BSc.Honours degree in Applied Accounting awarded by other Universities or further get an MSc in Professional Accountancy granted by reputed professional institutions.

Why ACCA?

• Globally acknowledged in over 78 markets and gives birth to more than 80 international accountancy unit partnerships 
• Conveys credibility since with ACCA online training your ability is sharpened and tested over 14 rigorous exams and is a tremendous way to provide a horizon to your resume.
• A well-constructed curriculum that is continuously updated to develop industry-relevant proficiency, skills and professional significance.
• Long Term Career since ACCA trains you to perform strategic functions at senior management levels.
• Total Expenditure, at INR. 2 to INR.3 Lakhs, figures to be cheaper than other options.

Career Options

ACCA online coaching and qualifications provides multiple options at a wide range of organizations because:

• Holistic technique in curriculum and ACCA online training prepares you for diverse skills which you can go and utilize as per strategic tasks. 
• Multinational institutions encompassing the Big 4 and a huge number of captives or KPOs are familiar with the ACCA qualification since its members or learners are scattered across 181 countries. 

ACCA in India

Vastly of the professionals with ACCA training in India and ACCA certification are employed with the Big 4s or MNCs. Employers in India have presently become conscious of ACCA qualification and are employing them eagerly. Some major hirers only in India for ACCA are PriceWaterhouseCoopers, TATA Communications, Embassy Group, Grant Thornton and so goes the list. CA and ACCA members are increasingly prevailing given identical job profiles, designation and income packages. India is putting up with another step closer towards globalization by inaugurating Ind-AS drafted on principles compared to IFRS. ACCA covers IFRS broadly in its syllabus which would certainly provide an edge to ACCA members in India.

With the existence of many financial KPOs in India, India has become a main outsourcing hub for accounting and financial processes and ACCA authorized specialists are preferred by the employers for handling these functions. In India, the normal salary proposed to ACCA freshers is between INR3,50,000 to INR 4,00,000.

Course Structure

The 13 programs and exams of ACCA are allocated into three levels which are

1. Knowledge
2. Skills & 
3. Professional

To qualify as an ACCA member, a nominee will be expected to do the following:

• Make an effort for clearing 13 exams -which provide exemptions in some exams- banking upon the candidate’s last qualification.
• Record 36 months’ knowledge in a relevant role. The candidate can attain the experience before or during even after fulfillment of the qualification.
• Complete every ethics and Professional abilities module.

Conclusion

Pursuing ACCA certification will lead you towards the challenging opportunities you are looking for and enable you to become a leading professional anywhere in the world.