ACCA Course Eligibility Requirements And More About ACCA Qualification

Is the dynamic finance and accounting domain luring you to pursue a prestigious course? ACCA is one certification that fits the list. Lucrative job roles and revered job titles like financial management, management accounting, and financial accounting are waiting for you. Be well-conversant with your ACCA course eligibility requirements at the very outset when you register with ACCA. Develop the ethics and professional skills module.

To work in sectors like Corporate Finance, Tax Consultancy, and Accounting in India and abroad, enroll in an ACCA course and come up with flying colors. Learn about the different clauses of ACCA eligibility criteria and get ACCA full course details in this comprehensive guide to ACCA. 

Key Takeaways

• Eligibility Criteria for ACCA Course

• Syllabus for ACCA: A Quick Look! enroll

• Keys Points to Remember for Ensuring Work-Life Balance for Professionals

Eligibility Criteria for ACCA Course

If you are 18 years old, you can pursue the ACCA course. Students are required to meet the following requirements for the ACCA program:

ACCA After 12th

• For those who’ve finished 12th grade, a combined mark of 65% is needed in subjects like accounting. Subjects, including English and mathematics, are taken into consideration.
• The aggregate score should be 50%, combining the other subjects for an interested candidate looking forward to qualifying for the specific eligibility criteria for ACCA.

ACCA After Graduation

• If you are a commerce student with degrees such as BMS, BBA, and BCom, you can sit for the ACCA exams and put your worries about completing the ACCA course to rest.
• Likewise, graduates who pass out of esteemed universities with B.Sc. or BA degrees can pursue the ACCA program, provided they finish the foundation diploma ACCA course, which is the minimum skills required.

This is the ACCA eligibility after graduation requirement. 

ACCA after 10th

• There are three levels in the ACCA exam. 
• However, if you are a student who wants to pursue an ACCA course after completing your 10th studies, ACCA offers another level called Foundation in Accountancy that needs to be completed before you apply.
• If you are from a non-commerce background, the same rule applies to pursuing the course.

If you pursue non-FIA (Foundation in Accountancy) routes in ACCA, you have to clear three levels:

1. Knowledge Level
2. Skill Level
3. Professional Level.

There are 13 exams spread across these three levels, and you must complete them successfully to qualify as an ACCA member.

ACCA After CA

Chartered Certified Accountants in India can get as many as nine exemptions from thirteen papers in ACCA.

This can help them directly progress to the advanced level, and they only have to clear four papers. This way, they can bypass the long-drawn process, saving time and energy in attaining the ACCA membership and gaining global recognition.  

It is also possible for CA IPCC Students (Foundation and Intermediate) to get exempted from having to sit for five separate subjects. 

You can get holistic knowledge as a finance professional with experience as a CA combined with the global curriculum knowledge of the Association of Chartered Certified Accountants. Your internship in CA following IPCC Group 1 can also be regarded as work experience for ACCA. ACCA has a pass percentage ranging between 40% and 50%, while the passing rate of CA is tougher, at 40%. 

Number of Exemptions

Keep in mind that you can be awarded up to 9 Applied Knowledge and Applied Skills exams to pursue ACCA. However, when it comes to Strategic Professional Exams, no exemptions are awarded. 

As a candidate, you must remember that when you are seeking exemptions, depending on the number of papers you are bypassing, you need to pay a cost to ACCA Global. ACCA offers exemptions, but not for free. 

Syllabus for ACCA: A Quick Look!enroll

The ACCA syllabus prepares candidates for thirteen examinations, which are spread across three levels. 

The ACCA program covers: 

• Accounting 
• Accounting Management
• Business Finance
• Taxation
• Auditing
• Financial Reporting

& other aspects of Chartered Accountancy make the ACCA subjects vast for students to grasp. 

Students can take the Knowledge Level exams at their discretion. It can be in tune with their preferred time slot. 

However, the other two exam levels have specific time allotments. One can take the Skill and Professional Level exams every year in March, June, September, and December. 

The professional-level exams were offline tests before 2021. However, all three levels—knowledge, skill, and professional—are now online. You can apply for these papers online at your convenience. 

With ACCA online classes, preparing for the exam and bagging the certification easily can be easier. Try to enroll in an online coaching center that is proven in its teaching methods and methodologies and has an enviable track record of helping students complete the course and build a successful career in accounting.

Duration of the ACCA Program: What You Need to Know!

The ACCA course duration is around 3 – 4 years. This is because the exams constitute a whopping number of learning hours. Other than this, it is necessary to complete an Ethics and Professional Module and must complete a minimum practical experience requirement of 36 months as a part of course eligibility. 

With the Ethics and Professional Module, students can get a full range of skills that employers seek in accounting and finance candidates. Students get exposed to real-life business situations, which develop their analytical skills and advance their ethical and professional skills.

Keys Points to Remember for Ensuring Work-Life Balance for Professionals

The demand for accountants and finance professionals globally has gone higher. With rising work pressure and professional dynamics, things can get tough for working professionals. Giant companies and corporations are well aware of the need for professionals to balance their work-life and family life and find ‘me-time’ to pursue something on their own. 

Initiatives Taken to Ensure Work-Life Balance:

• Flexible working hours are a boon that employers entrust working professionals with. 
• Physical well-being is encouraged. Employers are doing everything, from gym subscriptions and fitness boxes to planning fitness activities! There is no need to get stuck with work and reel under the burden of work pressure, meeting deadlines, client calls, and more. Now recharge yourself and let your dopamine dance! You can bounce back to work with a high spirit! 
• Mental health matters. Only piled-up work and deadlines cannot make professionals give their best. Ways to cut down stress and anxiety and channel frustration in the right way are encouraged. 
• ‘’Me-time’’ and ‘’family-time’’ do not need to be compromised. 
• Vacations are a reality and not a far-fetched plan. 
• Delegation of tasks is a necessity, and it is encouraged now. 

Preparing for the ACCA Exams with a Study Planner

• A study planner allows you to organize study tasks to declutter your mind.
• A neat and crisp plan of your daily tasks, along with milestones, charges you up.
• Setting realistic expectations when you lock in your study hours helps. Be true to yourself and see whether the early morning or night-time works for you to settle long hours of study time.
• Based on your intense attention spans and mental freshness, chalk out the topics based on their complexity.
• For reviewing and consolidating what your mind has absorbed, make way for an extra period (a short time slot) where you review the already done chapters.
• Breaks should be written loud and clear in your study planner, helping you relax, recharge, and return refreshed.
• Once you have made the plan with care and attention, ensure you maintain it with no hiccups. Train your brain accordingly.
• Tracking your progress graph is essential. Your study plan might need adjustment based on the merits of your progress.
• So, stay true to yourself and make the necessary tweaks and updates on your study planner to move in the right direction of cracking ACCA exams. 

Practical Tips to Excel in ACCA Exams

• Stay positive and be confident. Don’t let the ACCA pass percentage pull you down. 
• You need to plan early and be sincere with your study plan. Set realistic study goals with a SMART approach.
• It is not enough to check the ACCA full course details; you need to understand the topics lucidly. 
• Memorizing is good, but everyone cannot master it. However, you must understand the concepts and theories first before memorizing them. ACCA exams test your knowledge and application process. 
• Read up as much as you can. Articles and case studies go a long way toward improving your analytical skills. 
• Review, revise, and repeat. Practicing is the key to improving your knowledge and skills. Do review what you are soaking in from time to time. 
• Group studies promote interactive learning and go a long way toward clear understanding and consolidating important topics and concepts. When ideas flow and collide, new ways of learning emerge. 
• Do not leave any weak areas untouched, thinking they are beyond comprehension. Seek expert help wherever you get stuck while covering the ACCA syllabus. 
• Breaks are essential to let your brain rest and process what you have studied. Don’t force yourself to study when you are unable to concentrate. 
• To recharge yourself, do what pleases you. Be it a small walk with your dog, getting hooked on music for a while, or a quick nap,. 

How Does an Online Coaching Centre Help You Crack ACCA Exams?

Here are the reasons for you to pursue your ACCA course training with an approved learning partner like NorthStar Academy:

The Flexibility to Learn at Your Own Pace 

With the changing dynamics of the accounting world and the operation modes of different industries, it is a tough job to juggle work and studies. An online coaching center lets you study at your own will and on your own curated schedule. Just good connectivity is all that you need. 

Voluminous Digital Course Materials 

With the internet by their side, students can access a wide range of study materials that make their knowledge-acquiring process worthwhile. They can make their notes after exploring the different course materials and lectures encapsulated in videos and interesting audio formats. The students can lay their hands on:

• E-Magazines
• Technical Articles
• Specimen Exam Tests 
• Mock Exams
• Practice Papers
• Revision Kits

Mentorship and Guidance 

When you are struggling to maintain a work-life balance, you need to plan things well. An online coaching center with expert tutors with real-world experience can show students the right direction when opting for an ACCA qualification. Students get complete support, academic guidance, and one-to-one personalized sessions to do away with stress, keep exam fear at bay, say goodbye to anxieties, and focus on their studies. 

Conclusion

Once you explore the eligibility for ACCA qualification and want to go up the success ladder in the finance and accounting world, choose NorthStar Academy to register for the ACCA course. It is a preferred choice as an online coaching center among ACCA professionals who have passed the exam with the active help of educators and instructors. With accredited mentors at the top, you get all-rounded support, enabling you to pass the ACCA exams and make the most of an ACCA course. Good luck!