Why Choose ACCA course and why it is better for your career?

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Why Choose ACCA course and why it is better for your career?

Introduction of ACCA course

The ACCA, expanded as the Association of Chartered Certified Accountants, is a fast-growing international accountancy organization having more than 2,00,000 members and more than 5,00,000 students, with a presence in over 180 countries. It is the organization behind the prestigious “Chartered Certified Accountant” qualification (also known as the ACCA certification).

If you are wondering – Why Choose ACCA course Well! The ACCA certification is among the most respected globally recognized accounting, taxation, and finance credentials. It is considered a great way for commerce students and working professionals to kick-start their careers. Moreover, if you want to work as a finance or accounting professional in foreign countries, then a certification like the ACCA is the way to go.

The course can be pursued after graduation or 12th standard. Moreover, you can even start the ACCA course just after you pass your 10th class examination by enrolling in the FIA (Foundation In Accountancy).  

Now, let us hop on to why choose ACCA courses and the reasons for making it a preferred choice today.

9 Reasons to do ACCA

As a globally recognized course and its updated/Industry-relevant content, ACCA has become a great way to build a career in Accounts and finance as a beginner. Doing the ACCA certification is also quite beneficial for an experienced accounting professional.

There is more than one reason for the question, “Why Choose ACCA course” and acquire this beneficial certification. Let’s discuss a few of those reasons in detail:-

  1. Salary Package

It is obvious that having the ACCA credential can help you land a well-paying job in the finance/accounting sector. If you are already a working professional, doing the ACCA certification course can help you fetch a better salary at your current firm, or help you find a better job opportunity.

The ACCA certification holds a lot of value in India and globally. As an ACCA, you will be able to work in an accounting firm on the same level as an Indian chartered accountant or CA.

On average, an ACCA-certified accounting professional can get a salary anywhere between INR 6 to 8 lakh per annum, which is only bound to increase as you gain more experience. As ACCA is an international certification, you will also be able to work outside India, where you will be able to claim an impressive salary package.

  1. Globally Recognized Qualification

Another reason to “Why Choose ACCA course is the global exposure you receive. As a globally recognized qualification, the ACCA credentials give you the opportunity to work nearly anywhere around the globe. The ACCA institute has a presence in over 180 countries; you will be able to explore career opportunities in these countries. These countries include – the UK, Ireland, Australia, USA, Singapore, Hong Kong, Dubai, and more.

If you ever have the dream of working abroad, the ACCA may make it come true. Even if you don’t want to work abroad but want to work with MNCs in India, ACCA will definitely give you the required edge.

  1. Jobs in Various Domains

With ACCA, you are not limited to mainstream accounting-related jobs. At the beginning of your career, you have multiple avenues, such as advisory, taxation, and financial analysis, in addition to mainstream accounting. Completing the ACCA exams will provide you with all the skills and fundamentals required to excel in your career. Here are the top 7 domains that are perfect to start your career as an ACCA-certified professional.

  • Insolvency
  • Auditing
  • Finance & Accounting
  • Corporate Finance
  • Risk Management
  • Consulting & Advisory
  • Taxation

Moreover, the ACCA institute has partnered with many employers globally, which further helps boost the career opportunities being made available to ACCA members and affiliates. It is what makes it worth it and supports the point of Why Choose ACCA course.

  1. Earn degrees in ACCA-accredited Universities

Many universities and colleges have also partnered with the Association of Chartered Certified Accountants or ACCA. You can earn a Bachelor’s and Master’s degree from these ACCA-accredited Universities after completing the ACCA course.

You are eligible to get a BSc (Hons) Degree in Applied Accounting from such universities. However, you may need to write a research paper and submit it to the university, as any other regular student would have to.

Similarly, you can also proceed to get a Master’s if you wish to do so.

  1. Networks

Why Choose ACCA course Well! Another huge benefit of being an ACCA is the networking opportunity that you may receive. As a member of the ACCA, you get access to several benefits that are exclusive to ACCA members, including access to an exclusive job portal on ACCA, the opportunity to meet like-minded professionals, and attending seminars and conferences to build/grow your professional network.

  1. Flexible and Cost-Effective

One of many reasons that ACCA is the top choice for commerce students is its flexible examination schedule. The ACCA happens four times each year, providing you with a lot of flexibility to go through these exams. There are 13 exams in the ACCA course, which you may need to pass if you started the ACCA course right after the 12th class. However, exemptions to some exams are granted if you have already completed your higher level education (bachelor’s and master’s degree) or any other certification. Check this link to learn about the ACCA exemptions. (hyperlink NSA page)

Another point to support “Why Choose ACCA course is that this certification is also the most cost-effective professional accounting credential that can provide you with much better prospective career options. 

  1. Scope after the ACCA course

The immense number of job opportunities after acquiring the ACCA certificate is another reason supporting the argument why choose ACCA courses.

There is definitely no shortage of job and career opportunities for ACCA-certified accounting professionals in India as well as outside India. Some of the top job roles are-

  • Senior Accountant
  • Chartered Accountant
  • Finance Manager
  • Auditor
  • Associate Auditor
  • Financial Consultant

In the current times, we are witnessing a huge surge in the number of multinational companies (also Big 4s) and start-ups. These companies and firms are looking to hire professionals that have internationally recognized qualifications such as ACCA credentials.

With the global economy keeps rising, this surge is not stopping soon, whichThis is bound to create many new job opportunities for professionals with ACCA credentials.

  1. Continuous Professional Development

As an official ACCA member, you must complete at least 40 hours of Continued Professional Development (CPD) every year. Why Choose ACCA course Well! It will keep you updated with the latest IFRS® changes and financial trends, thus remaining at par with the current market standards. As you can see, you become more competent and updated in the accounting industry, further increasing your value and exposure.

  1. Industry Experience

To become a full-fledged member of the prestigious ACCA institute, the candidate needs to complete up to 3 years of relevant practical experience (PER) under the supervision of other ACCA-certified accounting professionals. These three years will provide you with enough industry experience to gain a high-level position in a Multinational company. However, the exemption is granted if you are working in an Approved learning provider (ALP), which itself provides the equivalent experience. 

This experience can be extended to hone your skills more and get you well-versed in the underlying concepts. So, yeah! Industry experience is another great reason to support the argument – Why Choose ACCA course

FAQs

1. When are the ACCA exams conducted?

The ACCA institute has four exam sessions each year – in March, June, September, or December. The ACCA exams are conducted in over 400 centers across the globe. With 13 ACCA exams that are divided into Foundation, fundamental, and professional stages, you can complete the ACCA exams in less than two years.

2. How long does it take to complete ACCA?

 It generally takes a total of 5 years to complete the ACCA course, including the three years of relevant working experience and the Ethics Module. However, it must be possible to complete it earlier depending on the exemptions granted due to your previous educational qualification. You can also complete it in less time if you have already gathered the required work experience.

3. Why did you choose the ACCA course?

There is more than one reason for the question – Why Choose ACCA course The ACCA qualification is one of the most sought-after credentials in accounting and introduces you to international accounting and auditing standards. With the ACCA certification, you can get into nearly any country where these accounting standards are accepted, which includes most of Europe, Canada, Australia, Hong Kong, Singapore, and many more.

Moreover, the entry barrier for the ACCA course is lower than most of the other professional accounting credentials. You can start your ACCA course right after passing your 12th-grade examination.

4. What is the benefit of doing ACCA?

ACCA is one of the most respected qualifications in the field of accounting and finance. The ACCA credentials are a great way to start your career in this field. As a globally recognized certification, it opens up the door to many jobs and professional opportunities all around the globe. As an ACCA-certified professional, you can work in nearly any country you want and will be able to fetch a high salary from your employers.

5. Why did you choose an accounting course?

Well, many have a misconception that accounting is boring, but in reality, the field of accounting offers a range of interesting career choices. You can work in nearly any industry you want as an accountant, making another great point to support why choose ACCA course. 

With accountancy skills, you can even work across teams and diverse roles – all the way up to the boardroom or CFO (Chief Financial Officer).

6. What skills do you gain from ACCA?

The ACCA course is designed to produce work-ready strategic finance professionals with the required technical and financial ability to do their work as international accountants. The ACCA candidate also acquires the necessary professional skills to excel in any sector, anywhere in the world. Want to know more as to “Why Choose ACCA course” Well! The ACCA course provides the candidates with comprehensive knowledge that can be applied in the real world. Most employers believe that the ACCA professional has the skills to drive their businesses forward

7. Which accounting qualification is best?

let’s change the question, which accounting qualification is better for you? There are many accounting qualifications that can help you to grab a high-paying job all around the globe. These certifications may include – ACA (Association of Chartered Accountants), ACCA (Association of Certified Chartered Accountants), CIMA (Chartered Institute of Management Accountants), and the US CPA (Certified Public Accountant). 

Each of those accounting qualifications is best in its own way, but you should try to find which best suits you. For example, if you have just passed your 12th class examination, then ACCA may be the best fit for you, as you can get the ACCA certification without needing to get a bachelor’s degree. Moreover, after successfully passing the ACCA exams, you will be able to claim a BSc (Hons) Degree in Applied Accounting with little effort.

8. What should I study after ACCA?

 It depends heavily on your interest. However, if you want, there are many great courses to pursue after the ACCA course, including MBA, MSc in Accounting and Finance, CIMA, and CFA (Chartered Financial Analyst). Subsequent to finishing ACCA, perhaps the most ideal choice you have is to go for an MBA Post Graduation degree from a top management institute.
However, if you are more specifically interested in Financial Management, you should go for the CFA certification.

Conclusion

In the past five or so years, the demand for an ACCA qualification has grown immensely. Many students are looking to do such professional qualifications that can help them expand their horizons and get better professional opportunities, which makes it a good reason to support the argument of “Why Choose ACCA course”.

However, proper guidance is required to become an ACCA-certified accounting professional. If you have already decided to get the ACCA credential, let us help you with the next steps. We at the NorthStar Academy help students to achieve their desired professional accounting qualifications. You should check out our ACCA certification course, where we provide you with hand-holding support to achieve your desired credentials. Our well-organized study material covering every corner of the syllabus has proven beneficial to successful ACCA professionals. 
Have any queries? Give us a call at +918147470707 and discuss them with our counselors.

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