What is ACCA and FCCA? Meaning, Requirements & Key Differences
Published on: January 10, 2026
WHAT IS ACCA?
The Association of Chartered Certified Accountants (ACCA) is a globally recognized professional accounting qualification. To gain ACCA membership, passing 13 exams, completing the Ethics and Professional Skills module, and gaining three years of relevant work experience are mandatory. ACCA is recognized globally.
Upon completion of the qualification, members can use the ACCA designation.
WHAT IS FCCA?
After five years of continuous membership and compliance of continuous professional development (CPD), an ACCA member can use the FCCA designation.
REQUIREMENTS TO BECOME FCCA
- One will have to be an ACCA member for five consecutive years by paying annual subscription fees
- Meet the CPD requirements by submitting the declaration each year
- No separate application is required—ACCA automatically upgrades members to FCCA status after 5 years of continuous membership.
BENEFITS OF BECOMING FCCA
Some of the key advantages of becoming an FCCA are as follows:
- Enhanced Professional Status
- Career Advancement
- Networking Opportunities
FCCA members earn 50% to 100% more than ACCA-qualified accountants. Senior management roles, such as Finance Director, CFO, and Partner, offer significantly higher salaries.
FCCA v/s ACCA: KEY DIFFERENCES
