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ACCA - Association of Chartered Certified Accountants
ACCA is a global-level course. It is a UK Based program that gives the liberty to practice accounting in India as well as Abroad. The skills you learn while pursuing ACCA can fully prepare you to land in corporates easily as well as start anything of your own. By pursuing the ACCA course, you get access to opportunities all over the world. As it is a globally recognized accountancy organization, acquiring this qualification is a great way to build a career in accountancy and finance. It trains students with the knowledge, skills, and values required in the domains of finance and accountancy.
To clear this examination, one has to undergo the following papers-
Knowledge Level
- Accountant in Business (AB)
- Management Accounting (MA)
- Financial Accounting (FA)
Skills Level
- Corporate and Business Law (LW)
- Performance Management
- Taxation (TX)
- Financial Reporting (FR)
- Audit and Assurance (AA)
- Financial Management (FM)
Professional Level
Essentials:
- Strategic Business Leader (SBL)
- Strategic Business Reporting (SBR)
Options: (Any 2)
- Advanced Financial Management (AFM)
- Advanced Performance Management (APM)
- Advanced Taxation (ATX)
- Advanced Audit and Assurance (AAA)
Highlights
Course Type
Professional
Age
Merit-based or Entrance based
Eligibility
Qualified 12th with an aggregate of 65% in maths/accounts and English, and a minimum of 50% in other subjects.
OR
Class 10th pass can register for ACCA via the Foundation route.
Average Fees Incurred
- Initial Registration - € 30
- Re-registration- € 89
- Annual Subscription- € 122
Employment Roles
Self-Employment, CS as an Independent Professional in a company
Pass Percentage
- Entry Level - Accountant, Internal Auditor, Tax Accountant, Business and Financial Analyst
- Middle Level - Management Accountant, Financial advisor, Risk Manager
- Senior Level - CFO, Group Accountant, Treasurer
Registration Route for Intermediate
Direct Entry Route & Foundation Examination Route
Duration
Varies with previous qualifications
Frequently Asked Questions
- 1) Attempt and clear 13 exams (ACCA does provide up to 9 paper exemptions depending upon the candidate's previous qualification).
- 2) Record 36 months' experience in a relevant role. The candidate can acquire the experience before/ during/ after completion of the qualification. Complete the Ethics and Professional Skills module.
- 3) The 13 subjects and exams of ACCA are divided into three levels: Applied Knowledge, Applied Skills & Strategic Professional.
Basically, there are 2 examination cycles per year which are 1st February to 31st July and 1st August to 30th January. Papers/examinations must be taken in the following order of modules (Knowledge/Skills/Professional) order. Within each module, you can attempt papers in any order. However, ACCA recommends that papers within a module should be attempted in that order as the syllabus has been developed to teach the subjects in a definite order.