What do you get by doing ACCA?
| Aspect | Description |
|---|---|
| Global Recognition | Get jobs in 180 markets and recognition from 80 international bodies |
| Senior Roles | Build a fulfilling career by taking up senior strategic roles |
| Gauge Latest Skills | Get the most updated curriculum with industry-relevant knowledge, skills and professional values |
| Prestigious Alumni Network | Become a part of 200,000 strong alumni network of ACCAs across the globe |
| Multiple Accords | Along with becoming an ACCA member, earn degrees from Oxford Brooks university and University Of London |
| Value For Money | Grab the best packages across the globe with education costs of 2 to 4.5 lakhs or lower |
What are the 13 subjects in ACCA?
The 13 subjects in ACCA (Association of Chartered Certified Accountants) are as follows:
- Accountant in Business (AB)
- Management Accounting (MA)
- Financial Accounting (FA)
- Corporate and Business Law (LW)
- Performance Management (PM)
- Taxation (TX)
- Financial Reporting (FR)
- Audit and Assurance (AA)
- Financial Management (FM)
- Strategic Business Leader (SBL)
- Strategic Business Reporting (SBR)
- Advanced Financial Management (AFM)
- Advanced Performance Management (APM)
Who should pursue the ACCA program?
For HSC Students Interested in an Accounting Career: ACCA offers flexible learning and student-friendly examination systems, providing a solid foundation for aspiring accountants and preparing them for diverse career opportunities beyond traditional accounting roles.
For Graduates Interested in Accounting Careers: ACCA offers several exemptions, making it a faster and more cost-effective path to prepare for various roles and gain entry into multinational companies.
For Experienced Professionals: ACCA provides an opportunity to refresh concepts and prepare for strategic roles, enhancing career prospects for experienced professionals.
To Determine If ACCA Is the Right Career Choice: Take a short quiz to assess your suitability for ACCA.
Minimum Eligibility Criteria for ACCA:
- Pass 10+2 with a minimum score of 65% in English and Mathematics/Accounts, and at least 50% in other subjects.
- Students who have recently passed their 10th standard examination can enroll in ACCA through the FIA (Foundation in Accountancy).
An Important Feature of ACCA: Unlike CA, ACCA allows exemptions based on existing qualifications or training, potentially reducing the number of exams required for ACCA qualification.
Exemptions Criteria:
- Exemptions are awarded only for qualifications received within the past decade.
- Exemptions are available only for recognized qualifications.
- Credit points may be awarded if a course covers topics found in multiple exemption requirements.
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Let's delve deeper into ACCA exemptions:
| Qualification | Exams to give | Exemptions |
| 12th standard completion | 13 | 0 |
| Commerce graduate | 9 | 4 |
| M.Com | 9 | 4 |
| CA IPCC (Both groups) | 8 | 5 |
| CA | 4 | 9 |
Countries where ACCAs have signing authority
As an ACCA member, you have the authority to sign audit reports and practice independently in several countries, including:
- United Kingdom
- Canada
- Australia
- New Zealand
- Singapore
- UAE
- Germany
- South Africa
- Switzerland
- Turkey
Please note that in India, you do not have signing authority and cannot establish your own practice. However, you are eligible to work with any audit firm, including those in the Big 4 and other multinational corporations.
ACCA Courses
ACCA Courses Overview The ACCA (Association of Chartered Certified Accountants) offers a diverse array of courses tailored to assist individuals in preparing for ACCA exams and achieving certification as chartered accountants. These courses encompass:
The ACCA Qualification: This comprehensive ACCA course delves into a wide spectrum of accounting and finance topics. It comprises a series of exams evaluating students’ proficiency in areas like financial reporting, performance management, and audit and assurance.
ACCA Fundamentals: Serving as the initial level of the ACCA Qualification, this course introduces fundamental concepts in accounting and finance.
ACCA Professional: Positioned as the second level of the ACCA Qualification, this course explores advanced topics, including business strategy, ethics, and governance.
ACCA Online Course: Offering flexibility, the online version of the ACCA Qualification enables students to study at their own pace from any location with internet access.
ACCA Distance Learning: Tailored for students desiring self-paced study, this option includes comprehensive study materials such as textbooks, practice kits, and access to an online tutor.
ACCA Classroom Course: Designed for those preferring a traditional classroom setting, this course features face-to-face lectures, group discussions, and interactive sessions.
ACCA Qualification
The ACCA Qualification (Association of Chartered Certified Accountants) stands as a globally recognized professional accounting certification. It is strategically crafted to equip students with the requisite knowledge and skills essential for achieving chartered accountant status, enabling them to pursue diverse roles in the accounting and finance sector.
Structured into two levels, the ACCA Qualification encompasses the Fundamentals level and the Professional level. The Fundamentals level imparts foundational concepts in accounting and finance, while the Professional level delves into advanced subjects such as business strategy, ethics, and governance.
To successfully attain the ACCA Qualification, students must navigate a series of exams assessing their proficiency in crucial areas like financial reporting, performance management, and audit and assurance. These computer-based exams are conducted four times annually across various global locations. Additionally, students are required to fulfill a practical experience period known as the “Professional Ethics and Responsibilities” module, where they demonstrate competence in Ethics and Professional Skills.
Upon meeting all exam and practical experience requisites, students receive the ACCA Qualification and gain the privilege of appending “ACCA” to their name. This esteemed qualification is held in high regard within the accounting and finance industry, unlocking a myriad of career prospects.
ACCA online courses free
Finding entirely free ACCA online courses is uncommon due to ACCA’s status as a globally recognized professional body. Attaining the ACCA qualification involves passing a series of exams and completing a practical experience period, necessitating a certain level of investment from students. While you may encounter some free resources or trial lessons providing insights into the basics of the ACCA syllabus, completing the entire course typically requires the purchase of course materials and payment for exams.
ACCA, in general, provides an array of study materials, including video lectures, practice questions, and mock exams, which are available for purchase on their website or through approved learning partners. These materials are specifically crafted to assist students in preparing for ACCA exams and achieving certification as chartered accountants.
Moreover, ACCA’s official website offers certain free resources such as past papers, technical articles, and webinars. While not comprising the full course, these resources can offer an understanding of the course content and provide insights into what to anticipate in the exams.
It’s crucial to recognize that the quality of free resources might not match that of paid resources, and you may not benefit from the same level of support or guidance provided by a paid course.
ACCA online exams
The ACCA (Association of Chartered Certified Accountants) provides the option of online exams for students to take their exams remotely. These computer-based exams offer the flexibility to be taken from any location with internet access, enhancing convenience in exam scheduling.
Online exams are conducted four times a year and cover most ACCA papers, categorized into two levels: the Fundamentals level (F1-F3) and the Professional level (P1-P7).
To participate in an online exam, students need to register and pay the exam fee. Following registration, students can access the exam through a secure online platform and take the exam in a proctored environment. Proctors monitor the exam to ensure students adhere to exam rules and regulations.
Online exams are designed to mirror traditional paper-based exams in format and content, allowing students the same time allocation and access to resources and tools. Technical requirements include a computer with a webcam, microphone, and sufficient internet bandwidth. Students must pass a system check before the exam and ensure a suitable and quiet exam location, following the code of conduct for online exams.
FAQs (Frequently Asked Questions)
Can the ACCA course be pursued online?
Certainly, the ACCA (Association of Chartered Certified Accountants) offers an online course option for individuals keen on establishing a career in accounting and finance. The ACCA Online Course furnishes students with the requisite knowledge and skills to successfully navigate the ACCA exams, leading to certification as chartered accountants. The course encompasses diverse study materials, including video lectures, practice questions, mock exams, and access to an online community comprising both students and teachers.
The online course provides the flexibility for students to progress at their own pace and is accessible from any location with internet connectivity. This adaptability enables students to harmonize their studies with other commitments, such as work or family. Additionally, ACCA’s online courses are often structured for self-study, allowing students to learn independently, with the option to seek support from tutors or instructors.
It’s crucial to acknowledge that the ACCA online course serves as a supplementary option to traditional face-to-face classes, not a complete replacement. The online course materials are designed to complement the traditional classroom-based learning experience, offering students additional resources and support.
In conclusion, the ACCA online course stands as an excellent option for those aspiring to forge a career in accounting and finance, providing the flexibility to study at their own pace and from any location.
Is it possible to pursue the ACCA course online?
The most suitable ACCA online course for you will be contingent on your learning style, objectives, and financial considerations.
ACCA itself presents an online course alternative for those aspiring to build a career in accounting and finance. The ACCA Online Course equips students with the essential knowledge and skills to successfully navigate the ACCA exams, leading to certification as chartered accountants. The course encompasses diverse study materials, including video lectures, practice questions, mock exams, and access to an online community comprising both students and teachers.
Furthermore, various providers such as Kaplan, BPP, and LSBF offer ACCA online courses with options like self-study, live online classes, and tutor support.
When selecting an ACCA online course, it’s imperative to assess the following factors:
- Quality of the study materials
- Access to support and guidance
- Flexibility to accommodate your schedule
- Cost of the course
- Reputation of the provider
It’s advisable to peruse reviews and testimonials from other students who have completed the course to gauge their experiences.
Ultimately, the most fitting ACCA online course for you will align with your individual needs, offering the necessary support and resources for success in the exams.
Is there a way to study ACCA online for free?
Finding entirely free ACCA online courses is uncommon due to the global recognition of ACCA as a professional body. Earning the ACCA qualification involves passing a series of exams and completing a practical experience period, necessitating a certain level of investment from the student. However, you may encounter some free resources or trial lessons that can aid in grasping the fundamentals of the ACCA syllabus. Nevertheless, to complete the full course, acquiring the course materials and covering exam fees will be essential.
What is ACCA?
ACCA is a globally recognized professional accountancy qualification that prepares individuals for a career in accounting, finance, and management.
How is ACCA different from other accounting qualifications?
ACCA is recognized in over 180 countries and offers a flexible and practical approach to learning. It focuses on developing practical skills alongside technical knowledge.
What are the entry requirements for ACCA?
The minimum entry requirements for ACCA include passing 10+2 with a score of 65% in English and Mathematics/Accounts, with a minimum of 50% in other courses. Students who have passed their 10th standard examination can also enroll through the FIA (Foundation in Accountancy) route.
How many exams are there in ACCA?
There are a total of 13 exams in ACCA, divided into three levels: Applied Knowledge, Applied Skills, and Strategic Professional.
Can I get exemptions from ACCA exams?
Yes, ACCA offers exemptions based on your previous qualifications. Exemptions are available for certain qualifications that cover similar syllabus areas.
What are the career opportunities after completing ACCA?
After completing ACCA, individuals can pursue careers in various fields such as accounting, auditing, finance, taxation, and consulting. ACCA qualification is highly valued by employers globally.
How long does it take to complete ACCA?
The time taken to complete ACCA varies depending on individual circumstances. On average, it takes around three to four years to complete all exams and practical experience requirements.
Can I study ACCA online?
Yes, ACCA offers online learning options for students who prefer to study at their own pace. Online learning is supported by study materials and resources provided by ACCA.
How much does it cost to study ACCA?
The cost of studying ACCA varies depending on the tuition provider and study materials chosen. It is advisable to check the latest fees and charges on the ACCA website or contact a local tuition provider.
Is ACCA a recognized qualification?
Yes, ACCA is a globally recognized qualification that is highly respected by employers and professional bodies around the world. ACCA members have signing authority in many countries, allowing them to sign audit reports and practice as accountants.
