ACCA

The ACCA qualification develops the accounting knowledge, skills and professional values of the student resulting in a successful career in the field of Finance and Accounts globally.

The Association of Chartered Certified Accountants (ACCA) institute, formed in 1904 and Royal Charter granted in 1974 is the global professional accounting body offering the “Chartered Certified Accountant” qualification.

ACCA provides opportunities and open access to everyone with ability, who wishes to pursue the course from any part of the world. ACCA course supports and promotes highest ethical, governance and professional standards.

Course Structure

Applied Knowledge (3 Papers)

• AB - Accountant in Business

• MA - Management Accounting

• FA - Financial Accounting

Applied Skills (6 Papers)

• LW - Corporate and Business Law

• PM - Performance Management

• TX - Taxation

• FR - Financial Reporting

• AA - Audit and Assurance

• FM - Financial Management

Strategic Professional (4 Papers)

• Strategic Professional Essentials (2 Papers)

• SBL - Strategic Business Leader

• SBR - Strategic Business Reporting

• Strategic Professional Options (Any 2 Papers only)

• AFM - Advanced Financial Management

• APM - Advanced Performance Management

• ATX - Advanced Taxation

• AAA - Advanced Audit and Assurance

With the growth of MNCs, and with digitisation The role of Finance function has changed over time and is now considered as a partner to the business. So the skills required for Finance Professionals has also changed. Traditionally the focus was only on Technical Skills.

In order to succeed in business in addition to Technical skills, a finance professional also needs to have Business Skills, People Skills, Ethics, Leadership skills and Digital skills. These skills are covered in ACCA.

The focus of ACCA is on Financial Reporting, Audit & Taxation. The course prepares a student to become a CFO in the future.

ACCA is UK based and recognised in over 180+ countries. Case studies, Scenario based questions and Objective Type Questions make CIMA an application oriented course.

ACCA is rated highly by MNCs both in India & Abroad.

ACCA is a pretty flexible courses. A student can take it up paper wise. The pass rates are pretty high compared to Indian professional courses.