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What is ACCA?

The Association of Chartered Certified Accountants (ACCA) institute, formed in 1904 is the global professional accounting body offering the “Chartered Certified Accountant” qualification. ACCA is fast growing international accountancy organisation with 2,00,000 members and 4,86,000 students in 180 countries.

As a globally recognized education and updated/Industry relevant content, ACCA qualification is a great way to build a career in Accounts and finance. Students can pursue this along with their graduation. Its flexible examination scheme makes this qualification more attractive.

Students pursuing ACCA can:

  • earn a Diploma/Advance Diploma in Accounting and Business and go on to earn an ACCA Member status

  • earn a BSc. (Hons) degree in Applied Accounting awarded by Oxford Brookes University

  • get an MSc in Professional Accountancy awarded by University of London

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Course Structure

To qualify as an ACCA member, a candidate will be required to do the following:

  • Attempt and clear 13 exams (ACCA does provide exemptions in some exams depending upon the candidate’s previous qualification)

  • 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.

The 13 courses and exams of ACCA are divided into three levels:  Knowledge, Skills & Professional.

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ACCA in India

Most of the ACCA qualified professionals in India are employed with the Big 4s or MNCs. Employers in India have now become aware of ACCA qualification and are hiring them eagerly. Main employers in India for ACCA are Price Waterhouse Coopers, Ernst and Young, Deloitte, KPMG, TATA Communications, Embassy Group, Grant Thornton, etc. CA and ACCA members are increasingly being offered similar job profiles, designation and salary packages.

India is taking another step closer towards globalization by introducing Ind-AS drafted on principles similar to IFRS. ACCA covers IFRS broadly in its syllabus which would definitely give an edge to ACCA members in India.

With the presence of many financial KPOs in India, India has become a major outsourcing hub for accounting and financial functions and ACCA qualified professionals are preferred by the employers for handling these functions.

In India, average salary offered to ACCA fresher is between INR3,50,000 to INR 4,00,000.

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