14th May 2023 | By: Admin

All about ACCA- the prime choice for accountancy students

Do you dream to kick-start your career with a certification that is recognized across the globe? If yes, then ACCA- Association of Chartered Certified Accountants- is the most sought-after finance certification that can open doors towards a bright future in over 180 countries. ACCA boasts of its global network which includes 219000 fully qualified professionals which opens a stairway to connect, progress and to make an impact in the world of Finance. The certification is based on International Accounting standards benchmarked for quality. ACCA-trained professionals are highly reputed due to niche skill sets acquired- strategic thinking, technical skills and professional values.

ACCA- the road to success

There are three stages in ACCA journey:
1. Applied Knowledge which comprises of:

  • Business and Technology (BT)
  • Financial Accounting (FA)
  • Management Accounting (MA)

2. Applied Skills which comprises of:

  • Corporate and Business Law (LW)
  • Taxation (TX)
  • Financial Reporting (FR)
  • Performance Management (PM)
  • Financial Management (FM)
  • Audit and Assurance (AA)

3. Strategic Professional which comprises of:

  • Strategic Business Reporting (SBR)
  • Strategic Business Leader (SBL)

Optional papers:

  • Advanced Financial Management (AFM)
  • Advanced Audit and Assurance (AAA)
  • Advanced Taxation (ATX)
  • Advanced Performance Management

To qualify as a member of ACCA and as a professional accountant the candidate has to clear the mentioned stages, complete the Ethics and Professional skills module and PER (Practical Experience Requirement) for a period of 36months. The PER makes the graduates incredibly valuable to the employers as they already possess hands on experience. The exam papers can be typically completed in two years.

Why should you choose ACCA?

An array of opportunities
ACCA qualification is recognized all over the world which enables you to work in over 180 countries as the course modules focus on international accounting and auditing standards. ACCA also runs an Approved Employer Programme and working for those employers can gain an exemption in Performance Objectives. Currently there are more than 7400 approved employers and 80 accountancy partnerships worldwide. Other than technical knowledge, the graduates will also learn professional approaches to succeed, transferable skills like communication, teamwork to name a few.

Flexible approach
Exams are held every quarter and certain papers can be even attempted on demand which gives the candidates an option to progress at their own pace. The course is highly flexible which offers the students an opportunity to specialize in their chosen field and in certain countries they can even prefer to attend exams based on their national tax and law. Additionally, on your journey to membership there are possibilities to gain qualifications from world renowned Universities parallelly.

Better career prospects
ACCA qualification offers the flexibility to work in various sectors and in any industry as the certification is highly reputed across the world. Be it working as a financial accountant, Finance Director, Chief Financial officer or as an entrepreneur the demand for an ACCA graduate remains high.

Who can join ACCA?
Students can either start the journey after 12th grade or graduation. Exemptions are offered based on prior learning so that the candidate can start at a level right for them. The alternative route of entry named Foundation in Accountancy (FIA) is open for everyone as there is no minimum academic entry requirements.

ACCA at Triplei
Join the world’s most forward-thinking accountancy body – ACCA and expand the most valuable skill of Financial Literacy. We at TripleI, ensure that the coursework is relevant and is drafted by pioneers in the industry, sessions are delivered by the most eminent faculty who leaves no stones unturned. We also give the students an opportunity to complete B. Com from a UGC affiliated University. If you are looking for an Approved Learning Partner by ACCA, then look no further, TripleI Commerce Academy will be a great companion in your career path.

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