ACCA is a professional accounting qualification that is exceptionally recognized in the fields of banking, consultant and management. It is a significant reward in competing for senior levels.
The Association of Chartered Certified Accountants (ACCA) is a UK-based body which offers this worldwide accreditation in Accountancy. ACCA is perceived in more than 78 markets and has more than 80 universal accounting body associations. ACCA experts get premier immigration status to Australia, Canada, UK, New Zealand, Ireland etc.
A worldwide profession in accountancy ranks high at the forefront of everybody's thoughts.
It is certainly a smart move to choose a career which plans and prepares for senior level jobs in India as well as all over the world. Individuals who have a high inclination towards financial accounting, taxation, audit and pricing, "ACCA" is one certification worth considering.
Flexibility is the significant advantage of this course.
You don't need to be a Chartered Accountant (CA) to seek after this course. Indeed you can begin directly after 10+2.The pass rate for ACCA is around 50%.
The Syllabus of the ACCA is spread in three levels: Knowledge, Skills and Professional.
Below is the structure of each level in subtleties:
1. Fundamental Knowledge
F1- Business Accounting
2. Fundamental Skills:
F4: Corporate Law and Business Law
F5 Performance Management
F7 Financial Reporting
F8 Audit and Assurance
F9 Financial Management
3. Professional Essentials
P1 Governance Risk and Ethics
P2 Corporate Reporting
P3 Business Analysis
4. Professional Options( Any 2)
P4 Advance Financial Management
P5 Advance Performance Management
P6 Advance Taxation
P7 Advance Audit and Taxation
Eligibility and Duration for ACCA Course
You can begin ACCA directly after successful completion of 12th Exams. On the off chance that you are from the business foundation or have an earlier degree in accounting, you are absolved from not many papers at the Fundamental level but there are no exceptions at the Professional level.
Course Duration: 2 - 2.5 Years
· If the candidate has passed 12th he/she need to attempt 14 Papers. Duration will be 3 Yrs.
· If the candidate is a Commerce Graduate he/she need to attempt 10 Papers.
Course Duration: 1Year
· If the candidate has passed IPCC he/she need to attempt 9 Papers. Duration will be 2 Yrs.
· If the candidate has passed B.Com + IPCC he/she need to attempt 8 Papers. Duration will be 1Yr.
· If the candidate has passed Chartered Accountant (After2003) he/she need to attempt 5 Papers.
Pragmatic Experience and Practice Certificate:
In addition to clearing the exams and finishing the Ethics module, to turn into an ACCA you have to have 3 years of relevant work experience.
The ACCA directs to attain certain performance goals that you have to accomplish. When you satisfy the work experience standards set by the ACCA, at exactly that point will you get the practical certificate.
For more details on ACCA, please visit https://www.accaglobal.com/in/en.html