ACCA (Association of Chartered Certified Accountants)

ACCA (Association of Chartered Certified Accountant) is the global body for Professional accountants. It aims to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world, who seek a rewarding career in accountancy, finance and management.

Few Snippets about ACCA Course:

• ACCA Started in 1904

• ACCA works through a network of over 104 offices and centres in 52 countries - with 323 Approved Learning Partners (ALP) and more than 7,300 Approved Employers worldwide, who provide employee

• ACCA Supports 200000 Members and 486000 students in 180 Countries.

• 71% of CFO's and Finance directors in recent independent survey agreed or strongly agreed that ACCA Is a world class organization.

• 93% of employers agree ACCA is a globally respected brand.

• The Association  of   Authorized   Public   Accountants  (AAPA),  one of the British professional bodies for public accountants, has been a subsidiary of ACCA since 1996

• As of 2006, the goal of ACCA is to become the world's largest global professional body. ACCA members are known as UAECA in United Arab Emirates.

• 1974: ACCA became one of six founding members of the Consultative Committee of Accountancy Bodies (CCAB).

• 1977: ACCA became a founding member of the International Federation of Accountants (IFAC).

• The ACCA or Chartered Certified  Accountant  qualification  is fully recognised in both the United Kingdom and Ireland.

• Only ACCA, ICAEW, ICAS, Association of International Accountants (AIA) and Chartered Accountants Ireland (CA Ireland) are able to authorise members to conduct audit, insolvency and investment business work in both the United Kingdom and Ireland.

• The ACCA qualification is legally recognized by all member countries of the European Union under the Mutual Recognition Directive. This recognition extends to the European Economic Area nations and Switzerland

• ACCA announced a  Mutual  Recognition  Agreement  with  Certified  General  Accountant  (CGA Canada) effective from 1 January 2007

• CPA Australia  and  Institute  of Public Accountants recognise ACCA qualification as sufficient   to obtain a skill assessment as an Accountant for the purposes of immigration.

• In June 2016, the Association of Chartered Certified Accountants (ACCA) and Chartered Accountants Australia  and  New  Zealand  (CA ANZ),  announced  a  strategic  alliance which  will add value to members locally and globally.

• The ACCA is an affiliate of the Institute of Chartered Accountants of the Caribbean.[43] The ACCA qualification is legally recognized in the French Guiana (Part of France and hence subject to European Union regulations).

• ACCA was awarded full and unconditional accreditation status as a professional body in Namibia by the statutory Public Accountants' and Auditors' Board (PAAB) on 24 -11- 2016

• ACCA Zimbabwe is one of the constituent bodies of the Public Accountants and Auditors Board (PAAB).

• The ACCA qualification is highly accepted by the Hong Kong employment market. Most HKICPA members qualified through a joint scheme with Hong Kong Society of Accountants (HKSA) which operated for more than 20 years. HKSA later became HKICPA.

• In Singapore, holders of ACCA had until 31 December 2016 and existing students have until 31 December 2018 to complete the ICPAS PAC and qualify for the Chartered Accountant of Singapore professional designation through the previous transitional arrangements.

• In March 2014, ACCA signed a strategic partnership agreement with UAE's national Accountancy body Accountants and Auditors Association (AAA) to help the latter develop a new Chartered Accountant qualification nationwide. The exams will be held jointly, and Successful graduates will gain both ACCA and UAE's new Chartered Accountants' Qualifications - the UAECA (United Arab Emirates Chartered Accountant).(Source from Wikipedia)

ACCA Course Structure

The syllabus comprises 13 examinations and an Ethics and Professional Skills module.

The qualification is structured in three modules, plus an Ethics and Professional Skills module and a Professional Experience Requirement (PER).

The ACCA full Professional qualification is regarded as the equivalent of a taught UK master's degree by the UK NARIC and Department for Education.

Additional Qualifications :

• B.sc(Applied Accounting) from Oxford Brookes University:

• B.sc ACCA's innovative partnership with Oxford Brookes University allows ACCA students to study for a BSc (Hons) in Applied Accounting, while taking their ACCA examinations.

• Students will be entitled to the degree (awarded by Oxford Brookes University) on completing the first two parts of the new Professional Scheme of examinations, and then submitting a Research and Analysis Project to the University for Assessment.

• The Project examines graduate skills, focusing particularly on the ability of students to carry  out research and analysis MSc. Professional Accountancy from University of London:

• ACCA allows a direct entry into MSc. in Professional Accountancy after qualifying relevant professional papers and Less Duration. Master Degree from a top 5 University of the world

ACCA Exemptions :

The ACCA full Professional qualification is regarded as the equivalent of a taught UK master's degree by the UK NARIC and Department for Education.

ACCA Exemptions: ACCA Recognising and awarding exemptions based on completion of Degree or CA, ICWA