ACCA Course Details: Full form, Exam, Fees, Eligibility
The ACCA Course Detail is a globally recognized certification designed for aspiring accountants, offering an overall syllabus and flexible study options. To pursue this prestigious certification, it's important to understand the program's structure, eligibility criteria, exemptions, fees, and salary expectations.
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By obtaining the ACCA certification, professionals can unlock global opportunities, advance their careers, and expand their professional network, ultimately enhancing their career prospects and salary potential in the finance and accounting industry.
The ACCA (Association of Chartered Certified Accountants) is a prestigious global organization that confers the prestigious 'Certified Chartered Accountant' certification. The ACCA Course is a mass program that equips aspiring Chartered Accountants with in-depth knowledge and practical skills in accounting, finance, and management.
Upon completion, ACCA graduates can explore a wide range of rewarding career opportunities, including auditing, taxation, financial consulting, and management accounting, setting them up for success in the dynamic world of finance and accounting.
The ACCA curriculum is thoughtfully designed and divided into three levels: knowledge, skills, and professional. This structured approach ensures that students acquire an overall understanding of accounting principles, technical skills, and professional values.
Additionally, students with relevant prior qualifications can benefit from exemptions, reducing the number of exams required to complete the program. For instance, graduates with a BCom or MCom degree may be exempt from 4 exams, while those holding a CA qualification may only need to sit for 4 exams out of 13.
What is the ACCA?
The ACCA (Association of Chartered Certified Accountants) is a highly respected certification awarded by a leading global organization for professional accountants, headquartered in the UK. With a vast and diverse community of over 2,00,000 members and 6,00,000 students from 180 countries, ACCA provides aspiring accountants with a robust network, extensive support, and unparalleled opportunities for growth and success.
Details of ACCA Course
Check the ACCA course details in the below table:
ACCA Course Details | |
Full Form | Association of Certified Chartered Accountants |
Course Duration | 1-7 years |
Course Fees | INR 28,000 to INR 2,60,000 Learn More: |
Exams | 13 exams |
Eligibility Criteria | 10+2 with a minimum 65% aggregate in Maths/Accounts and English, and 50% in other subjects |
Career Prospects | Accountants, Auditors, Finance managers, Business analysts, and Expert |
Average Salary | INR 3.5 to 4 LPA |
Top Recruiters | PwC, EY, Deloitte, KPMG, Grant Thornton |
Why Choose the ACCA Course?
The ACCA (Association of Chartered Certified Accountants) course is a highly respected and globally recognized certification that offers a wide range of benefits for aspiring accountants. Here are some compelling reasons why you should choose the ACCA course:
- Global Recognition: The ACCA certification is recognized in over 180 countries, making it a valuable asset for those seeking to work globally.
- Career Opportunities: ACCA-qualified professionals are in high demand, with opportunities in auditing, taxation, financial consulting, and management accounting.
- Flexibility and Practicality: The Association of Chartered Certified Accountants course is designed to be flexible, with options for online learning, part-time study, and exemptions for prior qualifications.
- Complete Syllabus: The ACCA course covers a wide range of topics, including financial accounting, management accounting, taxation, auditing, and financial management.
- Professional Development: The ACCA course is created to help you develop essential skills such as critical thinking, problem-solving, and communication, which are valuable in any profession.
- Competitive Salary: ACCA-qualified professionals are typically rewarded with competitive salaries, reflecting their expertise and value to employers.
- Pathway to Other Certifications: The ACCA certification can be a stepping stone to other prestigious certifications, such as the CIMA or CFA.
- Enhanced Employability: The ACCA certification exposes your commitment to professionalism, ethics, and continuous learning, making you a more attractive candidate to potential employers.
Who Should Pursue the ACCA Course?
The ACCA course is a highly respected and globally recognized certification that can benefit a wide range of individuals. If you're considering a career in accounting, finance, or business, here are some ideal candidates who should pursue the ACCA course:
- Aspiring Accountants: Individuals seeking to launch a career in accounting, auditing, or taxation will find the ACCA course highly beneficial.
- Finance Professionals: Those working in finance, banking, or investments can enhance their skills and knowledge with the ACCA certification.
- Business graduates: Graduates with a degree in business, commerce, or a related field can leverage the ACCA course to gain specialized knowledge and skills.
- Entrepreneurs and business owners: entrepreneurs and business owners who want to gain a deeper understanding of accounting and finance principles can benefit from the ACCA course.
- Students Pursuing Professional Qualifications: Students pursuing professional qualifications, such as BCom, MCom, or MBA, can complement their studies with the ACCA course, enhancing their career prospects.
- Working professionals seeking specialization: Working professionals seeking to specialize in accounting, finance, or taxation can use the ACCA course to gain the necessary knowledge and skills.
By pursuing the ACCA course, these individuals can gain a competitive edge in their careers, enhance their skills and knowledge, and unlock new opportunities in the world of accounting and finance.
Eligibility for ACCA Course
The ACCA Course is distinguished by its inclusive eligibility criteria, making it an accessible and attractive option for students from diverse backgrounds. The requirements are straightforward and flexible, providing an open door to all aspiring accountants.
Get Started with ACCA Foundation: No prior formal education is required to apply for the ACCA Foundation, making it an ideal entry point for those new to accounting.
Progress to ACCA Qualification: After completing the ACCA Foundation Diploma, you'll be eligible to apply for the ACCA qualification, the primary certification exam that leads to the prestigious ACCA certification.
If you've completed Class 12, here are the eligibility criteria to pursue the ACCA course:
- Minimum Marks in Core Subjects: Achieve a minimum of 65% in key subjects like English, Mathematics, and Accounts.
- Minimum Marks in Other Subjects: Secure a minimum of 50% in all other subjects.
Meeting these criteria will make you eligible to start the ACCA journey and take the first step toward a successful career in accounting and finance.
Highlights of ACCA Exam
To help you plan and prepare for your ACCA journey, we've defined the exam ACCA course details for each level in the table below:
ACCA Exams | ||||
Particulars | Foundations Level | Applied Knowledge Level | Applied Skills Level | Strategic Professional Level |
Exam Duration | 2 hours | 2 hours | 3 hours | 4 hours |
Passing Marks | 50% | 50% | 50% | 50% |
Total Marks | 100 | 100 | 100 | 100 |
Syllabus of ACCA Course
The ACCA syllabus is thoughtfully designed and divided into four distinct sections, providing a progressive and complete learning experience. Here's an overview of the ACCA Course Syllabus:
ACCA Syllabus | |
ACCA Levels | Particulars |
Foundations in Accountancy | ACCA Diploma in Financial and Management Accounting (RQF Level 2) |
ACCA Diploma in Financial and Management Accounting (RQF Level 3) | |
ACCA Diploma in Accounting and Business (RQF Level 4) | |
Certified Accounting Technician (CAT) | |
Knowledge Level | Business & Technology |
Management Accounting | |
Financial Accounting | |
Skill Level | Corporate and Business Law (LW) |
Taxation (TX) | |
Performance Management (PM) | |
Financial Reporting (FR) | |
Audit and Assurance (AA) | |
Financial Management (FM) | |
Professional Level | Strategic Business Leader (SBL) |
Strategic Business Reporting (SBR) | |
Optional Subjects at the Professional Level | Advanced Financial Management (AFM) |
Advanced Performance Management (APM) | |
Advanced Taxation (ATX) | |
Advanced Audit and Assurance (AAA) |
ACCA Course Fees
The total ACCA course fee is approximately INR 1,70,000. To help you plan and budget, we've provided a detailed breakdown of the specific fees associated with the ACCA course:
ACCA Course Fees | |
Particulars | Fees (INR) 1GBP=90 INR |
Initial Registration | 2,700 |
Annual subscription | 10,440 |
Knowledge Level | 22,680 |
Skill Level | 69,660 |
Professional Level | 64,170 |
Total | 1,69,650 |
Scope in ACCA
The Association of Chartered Certified Accountants qualification is highly respected and sought-after deep in the accounting and finance industry. With an ACCA certification, you'll unlock a world of opportunities and enjoy a wide range of benefits that can propel your career to new heights.
- Auditing and Assurance: ACCA-qualified professionals are in high demand in auditing firms, government agencies, and private companies.
- Financial Management: With an ACCA certification, you can pursue roles in financial management, planning, and analysis in various industries.
- Taxation: ACCA-qualified professionals can work in taxation, providing expert advice on tax planning, compliance, and consulting.
- Consulting: ACCA certification opens doors to consulting roles in accounting, finance, and management.
- Industry and Commerce: After completing the ACCA, professionals can work in various industries, including banking, insurance, and manufacturing.
Global Job Prospects:
- International Recognition: ACCA certification is recognized globally, making you eligible to work in over 180 countries.
- Global Job Opportunities: With an ACCA certification, you can explore job opportunities with multinational companies, international accounting firms, and government agencies.
- Competitive Salary: ACCA-qualified professionals are rewarded with competitive salaries, reflecting their expertise and value to employers.
Salary of ACCA
The ACCA qualification has endorsed a remarkable surge in demand in recent years, with top companies competing to hire ACCA-certified professionals. Renowned employers such as the Big Four accounting firms (EY, Grant Thornton, PwC, Deloitte, and KPMG), multinational corporations (PepsiCo and HSBC), and global consulting firms (Accenture) highly value ACCA-qualified professionals, offering them challenging and rewarding career opportunities.
ACCA Salary | |||
Country | Entry level | Mid-level | Senior Level |
India | INR 7.00 lac | INR 11.17 lac | INR 19.00 lac |
UK | GBP 39,000 | GBP 52,500 | GBP 68,200 |
UAE | AED 60,000 | AED 1,20,000 | AED 2,40,000 |
Hong Kong | HKD 17,400 | HKD 22,800 | HKD 31,900 |
FAQs
What is the ACCA course?
ACCA is the world's oldest and most unique qualification for creating strategic management infrastructure. The ACCA Course Details is divided into three levels: knowledge, skills, and professional exam.
Who is eligible for the ACCA course?
The ACCA course is open to students from various educational backgrounds. For Class 12 students, a minimum of 65% in English, Mathematics, and Accounts and 50% in other subjects is required. Students with a graduate degree in any discipline can also apply.
What is the total cost of the ACCA program?
The total cost of the ACCA program is approximately INR 1,70,000. This includes registration fees, exam fees, and study materials. However, please note that fees may be subject to change.
What are the different levels of the ACCA syllabus?
The ACCA syllabus is divided into four main sections: Foundations in Accounting, Knowledge Level, Skill Level, and Professional Level. Each level builds on the previous one, providing a comprehensive learning experience.
What are the career opportunities after completing the ACCA course?
ACCA-qualified professionals can pursue various career opportunities in auditing, financial management, taxation, consulting, and industry. They can work with top companies, including the Big Four accounting firms, multinational corporations, and global consulting firms.
Which companies hire ACCA-qualified professionals?
Renowned companies like EY, Grant Thornton, PwC, Deloitte, KPMG, PepsiCo, HSBC, and Accenture hire ACCA-qualified professionals. These companies recognize the value of ACCA certification and offer challenging and rewarding career opportunities.
Is the ACCA certification recognized globally?
Yes, the ACCA certification is recognized globally, with over 180 countries accepting the qualification. This makes ACCA-qualified professionals highly sought after by employers worldwide.
What skills does the ACCA course equip students with?
The ACCA course equips students with advanced technical skills in accounting, finance, and taxation. It also develops essential soft skills, such as communication, teamwork, and problem-solving.
Can I pursue the ACCA course while working?
Yes, the ACCA course is designed to be flexible, allowing working professionals to pursue the qualification while continuing their jobs. Many ACCA students balance work and studies successfully.
How long does it take to complete the ACCA course?
The duration of the ACCA course varies depending on individual circumstances. Typically, it takes around 2-3 years to complete the course, assuming you attempt and pass all exams on the first attempt.