Association of Chartered Certified Accountants (ACCA)
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ACCA Online Course in India
ACCA stands for the Association of Chartered Certified Accountants. It is a UK-based syndicate/group of qualified professional accountants. The ACCA is the largest confederation of accounts professionals with a whopping 228,000+ members and counting alongside an additional half a million students enrolled. The ACCA certification is accepted globally for the high standards and quality of the course that includes a myriad of professionally oriented developmental activities.
Note: Students who have cleared their class 10 examinations, or do not qualify as per the criteria above, can still register for the ACCA Course via the Foundation in Accountancy (FIA) route.
Paper: 3
Subjects:
- Business & Technology (BT)
- Management Accounting (MA)
- Financial Accounting (FA)
Paper: 6
Subjects:
- Corporate and Business Law (LW)
- Performance Management (PM)
- Taxation (TX)
- Financial Reporting (FR)
- Audit & Assurance (AA)
Paper: 4
Essentials:
- Strategic Business Leader (SBL)
- Strategic Business Reporting (SBR)
Options (Pick any Two):
- Advanced Financial Management (AFM)
- Advanced Performance Management (APM)
- Advanced Taxation (ATX)
- Advanced Audit & Assurance (AAA)
| Qualifications | Number of exams | No of exemptions | Duration to complete |
| High School | 13 Exams | None | Three year |
| B.Com | 9 Exams | BT, MA, FA, LW & TX | Less than Three Years |
| IPCC (both) | 8 Exams | BT, MA, FA, TX & AA | Two years |
| B.Com + IPCC | 7 Exams | BT, MA, FA, LW, TX & AA | One year |
| CA (after 2003) | 4 Exams | BT, MA, FA, LW, PM, TX, FR, AA & FM | One year |
The ACCA Qualification is the world’s foremost accountancy qualification for aspiring financial professionals, equipping students with the skills, knowledge, and principles needed to advance their careers and lead the businesses they work for in the future.
An average ACCA member in India can expect to earn between INR 6 lakhs and INR 15 lakhs per year. This can be increased with more experience, new talents, and managerial duties.
However, obtaining the ACCA certification will take at least three years. It is because the ACCA expects candidates to have three years of practical experience before becoming ACCA members and qualified accountants. However, all of the tests can be completed in two years or less.
This is a globally recognized qualification, people with the necessary ACCA membership can apply for jobs overseas. ACCA members can also apply for jobs in all major MNCs in India, including the Big Four (KPMG, Deloitte, PWC, and EY).
ACCA has no minimum degree requirements. Students who have completed their 12th grade and meet the qualifying requirements in terms of age and English language ability can register for ACCA immediately. However, mathematical ability is essential.
Your learning style, schedule, and preferences all influence whether you take online or offline lessons. Online training provides flexibility, whereas offline instructions create a reliant environment. Recall your requirements and select the one that best suits you.
The average ACCA pass rate is roughly 55%, indicating a moderate level of difficulty. Exams are tough and need substantial time, money, and effort to pass. The ACCA exam can be challenging for some students due to the extensive preparation necessary.