ACCA or Association of Chartered Certified Accountants is a global professional body for accounts. It is a member of the International Federation of Accountants (IFAC). ACCA Global aims at offering business relevant accountancy and finance related qualification. It has more than 188,000 members and 480,000 students across 178 countries.
The ACCA qualification consists of four modules:
Knowledge Module: 3 Papers
Skills Module: 6 Papers
Essentials Module: 3 Papers
Options Module: Complete 2 out of 4 papers
The minimum requirement to start the ACCA Qualification: Secondary School Education (10+2) covering 5 subjects including English and Maths or equivalent qualifications. If you don’t have relevant qualifications (no prior qualifications) you can start with Foundations level. There are multiple entry points to ACCA Qualification which means you don’t have to give all 14 papers. Based on you previous qualifications, you can claim exemptions to skip the Fundamentals level (First 3 or all 9 papers) which allows completing the qualification sooner.
Requirements for Becoming an ACCA Member
To become an ACCA member, you will need to complete
Fundamentals and Professional levels (of 14 exams nine are eligible for exemption)
3 years’ work experience in a relevant role
Ethics – the Professional Ethics module
Use ACCAs new four session exam model to plan ahead and sit exams whenever suits you
In 2016, ACCA introduced four exam sessions a year, providing aspirants greater flexibility to schedule their exams at a time and pace that suits them.
These four exam cycles a year are for both CBE and paper-based exams. Aspirants are allowed to take a maximum of 4 exams during each exam cycle across a maximum of 8 distinct exams over the course of a calendar year.
HIGHER PASS RATES
Higher pass rates. Higher chances of success. The pass rate of ACCA exam is higher when compared othet accountancy exam. The average pass rate ACCA exam is as follows:
ACCA offers a variety of entry points. You can start your studies at the most relevant level, based on your previous qualifications.
Click on your current qualification to know about the available exemptions and time required to complete the qualification
CA IPCC (ICAI)
Qualified Indian CMA
You have to complete the foundation level before starting the ACCA Qualification Number of Papers to complete: Foundation Level and 14 papers of ACCA Qualifications Avg Completion time: 3 Years
DIVERSIFIED JOB OPPORTUNITIES
The global recognition of ACCA qualification has increased the scope of ACCA jobs across various industries. Due to this the number of students taking up the ACCA exam has also increased. There various job roles available in industry for ACCAs. These include Accountant, Financial Consultant, Tax Consultant, Financial Planner, etc. Hence, there is always ACCA job opportunities in big 4 companies which include E&Y, KPMG, PwC, and Deloitte. In MNCs like Microsoft, Nestle, P&G and PepsiCo ACCAs are desired candidates for roles related to accounting.
Association of Certified Chartered Accountant or ACCA body declared four exam sessions in a year, last year. All the upcoming ACCA Exams will be held in the month of March 2018, June 2018, September 2017 and December 2017. Between the early exam entry opening date and...