The Association of Chartered Certified Accountants (ACCA) is the world’s largest & most reputed professional accountancy body recognized across 180 Countries. It is popularly known as Global CA. ACCA Qualification covers a wide variety of aspects of business management. It covers theoretical aspects like motivational theories along with more technical aspects such as cost accounting and bookkeeping.
ACCA is the global professional accounting body offering the Chartered Certified Accountant qualification in the field of Accountancy, Auditing & Taxation having 170,000+ members with more than 436,000 students in 180 countries. This course is equivalent to the CA in India & the CPA of the USA. ACCA Qualified are placed as Financial Directors, Financial Managers, Business Analysts, Tax Accountants, and Auditors & Management Accountants.
WHAT DOES IT TAKE…TO BECOME AN ACCA MEMBER YOU MUST,
- Get exemptions* or pass 13 papers
- Complete 36 months of relevant work experience in finance, accounting or auditing role. This can be done before, during or after studies
Eligibility Criteria for Students Pursuing ACCA
To be eligible to register for ACCA qualification, students should have qualified for their 10+2 examinations with an aggregate of 65% in Mathematics/Accounts & English, and a minimum of 50% in other subjects.
Students who have just cleared their class 10 examinations, can still register for the ACCA qualification via Foundation in Accountancy (FIA) route.
The ACCA Syllabus/Course Structure
Applied Knowledge |
· Business and Technology (BT) · Management Accounting (MA) · Financial Accounting (FA) |
Applied Skills |
· Corporate and Business Law (LW) · Performance Management (PM) · Taxation (TX) · Financial Reporting (FR) · Audit and Assurance (AA) · Financial Management (FM) |
Strategic Professionals |
ESSENTIALS · Strategic Business Leader (SBL) · Strategic Business Reporting (SBR) OPTIONS (PICK TWO) · Advanced Financial Management (AFM) · Advanced Performance Management (APM) · Advanced Taxation (ATX) · Advanced Auditing and Assurance (AAA) |
The exams are divided into two levels: |
· Fundamentals (9 Papers) · Professional (4 Papers) · The first 4 papers are Computer Based Exams (CBE) · CBE exams can be taken at any time · Paper based exams are conducted in March, June, September and December |
EXEMPTIONS
B.com | BAF | 4 Exemptions |
IPCC | 5 Exemptions |
ICAI | 9 Exemptions |
BBA | 3 Exemptions |
BMS (Finance) | 1 Exemptions |
BMS (Marketing) | 0 Exemptions |
BFM and BBI | Need to send certificates to get Exemptions |