The ACCA(Associated of Chartered Certified Accountants) qualification is a highly respected global certification for accountants. ACCA is now among the world’s largest and most renowned firms. The most progressive progressing accounting association in the world is ACCA. Accounting and financial knowledge are essential for economies to expand and thrive. The ACCA course includes various topics like financial management, taxation, and finance. This will provide you with the most recent knowledge and abilities required to work in the finance field. Although you know about the ACCA qualification, you are not sure where to start. Even though you are familiar with the ACCA qualification still you are uncertain about how to begin. After reading this blog post in its entirety, you will gain a comprehensive grasp of the ACCA qualification and the advantages it offers for your career growth.
What Advantages Come with ACCA Qualification?
The Association of Chartered Certificate Accountants qualification opens doors in the areas of auditing, taxation, and management analysis. The ACCA qualification course’s flexibility in allowing candidates to study at their speed and manage work and school and is highly valued by candidates. The ACCA qualification is recognized internationally which furthermore enhances your resume. An extensive overview of business and financial management is given by the ACCA Course. It gives you the information and understanding required to lay the groundwork for successfully managing a business. An extensive range of skills and competencies are available with the ACCA qualification.
Who Should Study The ACCA Qualification Course?
Students interested in professions related to auditing, accounting, or finance. Its adaptable and user-friendly examination system supports students completing their degree requirements in addition to ACCA. Accounting students are eligible for exam exemptions through various methods. There will be fewer tests for Bcom and Mcom students to take. Interested students who have passed their 10+2 from an accredited board may apply after confirming the eligibility requirements. It’s mandatory to have scored at least 65% marks in English, Accounting and Mathematics. Applicants for the course may also be those who have finished their post-graduation or graduation requirements. The ACCA Online Courses are also available and are a great choice for students who work and study.
Different Levels Of ACCA Exams:
The ACCA qualification has three levels of exams- The Applied Knowledge(3 exams), Applied Skills(6 exams), and Strategic Professional levels(4 exams) covering a total of 13 ACCA papers. All ACCA students will have to finish a module focused on Ethics and Professional Skills that is designed to enhance the employability of ACCA graduates by developing various skills.
The Applied Knowledge papers provide students with a broad introduction to finance and accounting and develop the student’s essential understanding of practices and techniques in accounting. The three examinations include Business and Technology, Management Accounting, and Financial Accounting.
The Applied Skills papers build on existing knowledge, acquired during the knowledge level. It develops strong, broad, and practical finance skills required to function as a professional accountant in any sector or organisation. The six papers include Corporate and Business Law, Performance Management, Taxation, Financial Reporting, Audit and Assurance.
The Strategic Professional level comprises six papers, of which two are compulsory. Among the four optional courses, every student needs to choose two specialisations.
The compulsory courses include Strategic Business Leader and Strategic Business Reporting.
Best ACCA Study Material And Books:
Are you preparing for an ACCA exam and are worried about the courses, books, and study materials? Eaxamopedia.com is a brilliant solution for most of your ACCA book exam needs. Examopeia provides comprehensive resources, study materials, and expert tips to excel in your exams. This platform is focused on providing students with helpful resources, including a wide range of summarized notes, answers to past year’s exam papers, and a detailed analysis of problems encountered in semester exams.
Examopedia is an expert in offering educational assistance for a range of subjects. The platform is dedicated to maintaining the highest standards of educational support, making it a go-to resource for individuals seeking to enhance their understanding and performance in various ACCA examinations. They have E-books and handbooks for all the ACCA Qualification Courses you desire. All books are ACCA-approved and they are well-sorted and clever in every detail of the topic. Below are a few of them:
- ACCA Management Accounting Study Text Book
- ACCA Financial Accounting Study Text Book
- ACCA Taxation Study Text Book
- ACCA Performance Management Study Text Book
- ACCA Corporate and Business Law Study Text Book
- ACCA Financial Reporting Study Text Book
- ACCA Adv. Audit & Assurance Study Text Book
- ACCA Adv. Financial Management Study Text Book
- ACCA Business & Technology Study Text Book.
- ACCA Strategic Business Leader Study Text Book
The ACCA-approved books are the best resources for this exam. In addition, you can check for other resources like previous years’ test papers, and web-based learning with ACCA books. Also, ACCA Online courses and offline courses can be of great help. The ACCA book exam details are also available on various websites.
How Can One Apply To Study At ACCA?
To start the ACCA qualification course, the initial requirement is completing the application procedure.
Online submission of the application is the speediest and most convenient choice accessible. Completing the online application would require approximately ten minutes.
In order to receive a basic level ACCA Certification, you must present identification like a driver’s license, passport, or birth certificate. When seeking the ACCA qualification, one must show proof of meeting the minimum criteria and determine the most suitable starting level. If you cannot complete all the information or lack the necessary documents, you have the option to save your application for later.
Conclusion:
ACCA qualification is always beneficial, regardless of whether you are considering a career as a chartered accountant or an accountant and want to expand your employment options in the accounting business worldwide. The ACCA qualification combines years of experience, education, and networking opportunities. An ACCA degree offers a multitude of chances for professionals to progress, including global recognition, and improves career prospects. It is possible to study for the ACCA certificate around your lifestyle thanks to the variety of flexible learning alternatives available.
Recommended Reads:
- ACCA vs CIMA vs CFA Which is Right For You?
- ACCA Exam Study Materials: The Best Resources for Every Module
- List of best ACCA books in 2024-2025
- ACCA Salaries Worldwide and Career Scope
FAQs
1. Why choose ACCA?
Ans: When you choose ACCA, you have chosen a future full of opportunity and you become the strategic forward-thinking professional the world needs.ACCA helps students to pace their studies according to their lifestyle and other commitments. The exams has be taken at any global network exam centres.
2. How many ACCA exams can a student take?
Ans: Students may take up to four tests in a session with ACCA. Concentrating on a single subject enables more focused and committed study, which raises the likelihood of passing that specific exam.
3. How can I obtain an accounting and business ACCA diploma?
Ans: Those who wish to earn the ACCA Diploma in Accounting and Business must pass all three knowledge-level exams, as well as the candidates must also finish the subject on professional skills and ethics
4. Is ACCA highly paid?
Ans: The income potential varies according to the industry, geography, employment type and experience. As they progress in their careers, members of ACCA often secure well-paying jobs in the finance and accounting industries. The ACCA members specifically start out earning between 5 to 7 lacs.
5. Is ACCA and CA equal?
Ans: Professional chartered accountancy qualifications include ACCA and CA. While an CA focuses on Indian accounting taxes and legislation, an ACCA focuses on international business, accounting, and finance. ACCA is universally acknowledged, and the CA is mostly acknowledged in India.