Association Of Chartered Certified Accountants
ACCA Or Association Of Chartered Certified Accountants is the advance Field In Accountancy and ACCA is the best at serving in Accountant and whole setup of accountancy. The ACCA Qualification is a highly-regarded accountancy qualification. In order to become a qualified chartered certified accountant and use the designatory letters “ACCA” after your name you need to complete:
14 exams (exemption can be claimed in nine exams)
Three-years’ relevant practical experience requirements
A Professional Ethics module
ACCA (Association of Chartered Certified Accountants) is the largest and fastest-growing international accountancy body, with over 296,000 students and 115,000 members in 170 countries. More people around the world qualify in-country with ACCA than any other international body. ACCA’s reputation and influence are respected worldwide by employers, government and the profession itself. ACCA has an extensive network of over 80 staffed offices and other centres around the world.
ACCA’s Members, who are known as Chartered Certified Accountants, are employed in industry, financial services, the public sector, or in public practice. With statutory recognition in the UK and Ireland it has the authority to license its members to work as registered auditors. In the UK, it also authorises its members to undertake insolvency work. Outside the UK, ACCA’s are recognised under the EU’s Mutual Recognition Directive and in many countries around the world.
ACCA offers four core qualifications:
- A Technician Level qualification provides a comprehensive introduction to accountancy (CAT)
- A Professional Qualification enabling members to reach the highest level in accountancy (ACCA)
- A Bachelor of Science in Applied Accounting which is centered on the needs of employers for practical, professional accounting BSc (Hons)
- A Masters in Business Administration designed to broaden business understanding and enhance strategic decision making (MBA)
- Accountant In Business
- Management Accounting
- Financial Accounting
- Corporate and Business Law
- Performance Management
- Financial Reporting
- Audit and Assurance
- Financial Management
- Professional Accountant
- Corporate Reporting
- Business Analysis
- Advanced Financial Management
- Advanced Performance Management
- Advanced Taxation
- Advanced Audit and Assurance
ACCA offers various entry routes, depending on your age and previous academic qualifications.
Minimum Entry Requirements
- 2 passes at GCE A’ Levels and 3 passes at GCSE/GCE O Level in 5 separate subjects, including English and Mathematics
- American Higher School Certificate with atleast 50%
Gradutae Entry Route
- Graduation, B.Com, BA, BSc from a recognised University
Access to ACCA via FIA qualification
- No academic qualification required to do FIA
- Complete the Diploma in Accounting and Business through the Foundations in Accountancy route, and you can continue your studies with the Certified Accounting Technician Qualification, or you can transfer onto the ACCA Qualification, miss out the first three exams and continue your studies from the fourth exam (F4 – Corporate and Business Law) onwards.
Removal of Mature Student Entry Route (MSER)
If you would have normally registered on the ACCA Qualification via the Mature Student Entry Route (MSER), you should now register on Foundations in Accountancy. MSER is no longer available.
This is because now that we have introduced Foundations in Accountancy, which is open entry and does not require you to have any previous academic qualifications to apply, it is possible for you to enter at any level within Foundations in Accountancy, including the Diploma in Accounting and Business.
The exams FAB, FMA and FFA on Foundations in Accountancy are identical to F1, F2 and F3 of the ACCA Qualification. If you would have normally registered on MSER, you are now better placed when you register on Foundations in Accountancy. This is because there is no restriction on the number of exams you take, the order you choose to take them in, or the time you can take to complete FAB, FMA and FFA on Foundations in Accountancy.
Career After ACCA
- Finance Managers
- Financial Controllers
- Financial Advisers
- Financial Directors
- Chief Internal Auditor
- Cost Controller
- Chief Accountant
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