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About Accountancy (ACCA)

ACCA is the Association of Chartered Certified Accountants. Accountants with ACCA are recognised globally, opening up more opportunities internationally. It is a profession where the returns are quite high, be it public, private sector or a self run business.

Founded in 1904, ACCA is one of the largest and fastest-growing global accountancy bodies which offer the Chartered Certified Accounting professional qualification. Headquartered at London, it has over 4 lakh (400,000) students and 1.5 lakh members in 180 countries. It works through a network of 83 offices and centres, and has more than 8,500 employers worldwide, who seek ACCA professionals. In fact, ACCA is so popular globally that there is one new student registering for it every 6 minutes. ACCA qualification is very useful if the student wishes to focus on Business, Finance and Taxation at an international level.

Preparing for ACCA

Students can start working towards the qualification quite early, while they are still in school. It is highly recommended to use materials provided by an ACCA approved learning partners such as BPP Learning Media.  This is a platinum approved learning partner of ACCA that conducts online classroom sessions for students from anywhere in the world. It allows flexibility along with access to a library of comprehensive online content. Students are also able to interact with other aspirants via online forums and can even book sessions with the tutors. With a successful online classroom pass rate of 82%, BPP is also the most popular choice amongst ACCA aspirants.

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Career Prospects

An ACCA qualification will ensure that a student can kick-start his/her career with the best prospects available. It would also let then decide their work destination anywhere in the world. ACCA members find lucrative jobs under designations such as Finance Manager, Accounts Manager, Internal Auditor, Financial Advisors, and Directors.

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Jobs & Salary

ACCA has more than 8,500 registered employers across the world making it easier for qualified professional to find exciting job opportunities anywhere they want. High profile companies such as Deloitte, HSBC, Genpact, Accenture, Unilever, and Standard Chartered are some of ACCA’s topmost partners.

61% of ACCA members surveyed got a salary increase in the last 12 months.
64% of ACCA members who gained a pay rise reported an increase of at least 4%.
Members are positive about future salary increases – 60% expect a pay increase in the next year
ACCA members can expect their salary to increase strongly during their career and earn significantly more than the national average.

Pros & Cons

Pros
  • Flexibility: The trainings are conducted over weekends and the students can pursue the course along with their job/studies.
  • Variable Duration: 1 to 3 yrs
Cons
  • An ACCA qualification is not preferred by organizations of the Indian government like public sector banks, government stock exchanges and finance departments of government institutions.
  • After an ACCA qualification you will not be allowed to conduct financial audits in India

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