ACCA stands for Association of Chartered Certified Accountants. Based out of UK, ACCA is an international accountancy body with more than 200000 members and 500000 students in 179 countries. It was formed in 1904 and carries with it a rich history. It is headquartered in London and has operations in 180 countries. It has hundred offices and more than 7000 employees around the world. Chartered Certified Accountant is one of the major professional qualifications given by the ACCA. It is considered as a desirable qualification for young professionals and students, given the numerous benefits associated with it. After the completion of the exams and relevant experience, you will become a member of ACCA.
ACCA Qualification is respected and recognized all across the globe. Due to the nature of the qualification, the professional mode of study and the certification’s repute ACCA’s are in high demand in numerous industries such as banking, auditing, consultancy as well as other professions like taxation and law etc.
Along with Acca you can gain additional qualifications, such as:
• A Bachelor of Science in Applied Accounting(Oxford Brookes) which is centered on the needs of employers for practical, professional accounting – BSc (Hons)
• A Masters in Professional Accountancy (University of London) designed to broaden business understanding and enhance strategic decision making – (MSc)
The Applied Knowledge exams provides students with a broad introduction to the world of finance and develop your essential understanding and techniques in accounting. These exams are:
Comprising modules LW to FM , this module examines the principle technical subjects that you’re expected to have an advanced understanding of. These subjects include law, taxation, auditing and financial management, financial reporting and performance management. You will develop knowledge and skills in these subject areas, reaching a level of knowledge equivalent to a Bachelor’s degree.
This module is called Essentials as it will provide you with the specialised skills and techniques required to become an expert accountant, either in a consultancy or high-level advisory role. Each of the 2 ACCA papers is assessed with a 3-hour paper-based exam.