Top Benefits of pursuing ACCA course

Top Benefits of pursuing ACCA course

Overview

The esteemed ACCA (Association of Chartered Certified Accountants), headquartered in the UK, offers a globally recognized qualification in accounting and finance. With a comprehensive syllabus covering financial management, taxation, audit, and management accounting, ACCA certification opens doors to career opportunities worldwide. Recognized in 180 countries, the ACCA qualification holds comparable value to esteemed global certifications like India’s CA. Over time, its growing reach and reputation make it an ideal choice for aspiring accountants and employers seeking qualified ACCA members with strong work experience in accountancy. 

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Essentials of the ACCA Course

The ACCA course is comprehensive and challenging, covering a broad range of subjects, including fundamental accounting principles, business technology, law, and advanced topics for specialized development. It emphasizes professional ethics, strategic thinking, and practical experience, helping ACCA candidates build confidence. The globally recognized ACCA qualification prepares you for a promising career in accountancy and finance, opening doors to job opportunities and a professional accounting certification.

Applied Knowledge Level

At the initial stage of the ACCA course, the Applied Knowledge Level provides an overview of fundamental accounting concepts, acquainting students with the field's core principles. Additionally, it offers insights into ancillary topics such as the integration of technology in business operations and its potential advantages for students. 

Applied Skill Level

At the ACCA Applied Skill Level, the focus shifts to building upon the foundational knowledge acquired in the previous level. This transitional phase sets the stage for delving into more advanced concepts at the subsequent level. The modules covered here are diverse and comprehensive, encompassing:

  • Corporate and Business Law

  • Performance Management

  • Taxation

  • Financial Reporting

  • Financial Management

  • Assurance and Audit

ACCA Ethics and PER

The ACCA Ethics and PER modules are valuable supplements to the ACCA study materials, enhancing students' overall development. While the ACCA Ethics module fosters the cultivation of professional ethics and conduct, practical experience is instrumental in shaping students into competent professionals. 

Benefits of the ACCA Course

The ACCA qualification provides numerous benefits, including flexible study options that allow you to pursue other courses alongside. Recognized globally, it opens doors to diverse career opportunities in accountancy and finance. With no prerequisites for registration and affordable exam fees, ACCA empowers individuals to achieve their professional goals and become globally recognized professionals in accounting.

Pursue Other Courses Simultaneously

One major advantage of pursuing ACCA is the flexibility to study other courses simultaneously, saving valuable time. This allows students to pursue multiple qualifications, gaining a competitive edge in accountancy and finance. ACCA’s globally recognized qualification opens doors to diverse career opportunities, helping you gain an advantage over peers and advance sooner in your ACCA journey.

ACCA Study Materials

ACCA study materials are esteemed for their depth and clarity, reflecting the rigorous and comprehensive nature of the course. Prioritising practical learning, ACCA provides various resources, including practice platforms, study guides, and materials. These resources empower students with thorough theoretical knowledge and cultivate essential practical skills for real-world application.

Global Recognition

The ACCA degree's global recognition is a significant advantage. In today's era of globalisation and shrinking boundaries, many degrees face limitations in scope, hindering professionals from pursuing opportunities abroad. However, with accreditation spanning 180 countries, ACCA professionals benefit from seamless access to career prospects worldwide, facilitating continuous career growth.

Affordability

Despite its world-class education system, ACCA course fees are surprisingly reasonable. The total cost, especially for ACCA fees, is quite affordable given the comprehensive nature of the course and its global recognition. Here's a breakdown of the ACCA exam costs: 

  • Each examination at the knowledge level costs £70, totalling £140 for the entire stage.

  • The fee per paper increases to £134 at the skill level, totalling £670 for the entire second stage.

  • The third and final stage is the most expensive, costing £238 for SBL and £170 each for the remaining subjects, bringing the total stage three ACCA exam cost to £748.

The ACCA exam fees total £1558. However, this fee structure applies if students book through the ACCA portal 25 days before the exam. Booking fewer days before the exam incurs an additional £70. Additionally, if students pre-qualify for specific exams and wish to take exemptions, they must pay an exemption fee of approximately £10000 per paper. 

No Prerequisites for Registration

Unlike many other professional courses, ACCA has no prerequisites for registration. Individuals with a commerce background can directly enrol in the course after completing their senior secondary education with a minimum grade point average of 65% in the 12th grade. The course is also open to students from a science background; they only need to opt for the FIA route for entry. 

Diverse Career Paths

The global recognition of the ACCA qualification offers significant advantages, with recognition in 180 countries. Unlike many other degrees, ACCA professionals can pursue diverse career paths across borders, unlocking job opportunities and facilitating international career growth in the global accounting sector.

Study Online

A major advantage of pursuing ACCA is the accessibility of online classes, available from anywhere. While online courses existed before, advancements in technology and the pandemic have increased their popularity, making them the preferred choice for both educators and students due to their flexibility and benefits. 

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Should You be Studying ACCA Online?

Here are some benefits of taking the ACCA course online to assist you in making up your mind if you're a student searching for ACCA programs and aren't sure whether to enrol in offline or online courses:

Enhanced Convenience

Online classes offer greater convenience by eliminating commuting, saving time and energy for studies. This also reduces exhaustion and results in significant cost savings, making it a more economical option.

Predetermined Schedules and Clear Objectives

Unlike offline classes, online classes offer a structured format with set schedules and clear objectives, ensuring better organization and efficiency, which is essential for preparing students for complex professional courses.

One-on-One Interactions

Online classes enable frequent one-on-one interactions with career counselors or mentors, helping students address academic or personal challenges and improve performance through timely guidance.

Diverse Resources

Online classes often boast diverse resources, with multiple experts specialising in various subjects. It ensures comprehensive coverage of topics and prevents overlap in teaching efforts. Multiple qualified experts also allow seamless class coverage, ensuring uninterrupted learning and schedule adherence. 

Expanded Access to Education

Online classes have significantly expanded access to education, particularly for students residing in remote or deprived areas. Previously, talented individuals in such regions faced barriers to pursuing their career aspirations due to limited access to institutes and classes. But thanks to online learning, these worthy individuals can now pursue their career goals and overcome regional limitations while receiving a top-notch education from any location.

Customisation

Because online courses are so adaptable and flexible, students can tailor their education to fit their needs and schedules. They can create personalised timetables and alter the frequency and difficulty of classes based on their skill levels and learning goals. Whether they require more support in certain subjects or wish to focus more on specific topics, online courses provide the flexibility to allocate time and resources accordingly, ensuring a well-rounded and effective learning journey. 

Enhanced Flexibility

Flexibility is a hallmark of online classes, allowing students to access live and pre-recorded lectures. This dual approach provides peace of mind, enabling students to catch up on missed sessions at their own pace and delve deeper into topics as needed by revisiting pre-recorded classes.

Top Benefits of ACCA course at NorthStar Academy!

If you have decided to take the ACCA course online, NorthStar Academy can be your trusted learning partner. Renowned as one of the premier ACCA-approved educational providers, NorthStar Academy has consistently achieved remarkable academic outcomes, surpassing industry standards for pass rates in a remarkably short period. 

Students enjoy the guidance of seasoned professionals and access to top-notch accounting study materials. Collaborating with BPP Learning Media, an accredited publisher by ACCA, the institute ensures students receive top-quality resources. Furthermore, the academy's pocket classroom learning method enhances flexibility, enabling NSA students to conveniently learn from anywhere.

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Conclusion

Choosing ACCA offers numerous advantages for aspiring finance professionals. The ACCA qualification is globally recognized and provides an excellent foundation for a career in accountancy and finance. With a flexible study schedule, you can pursue this qualification from anywhere in the world, with the course covering areas like strategic planning, financial reporting, and law.

ACCA is highly valued in over 180 countries, making it an ideal choice for global career opportunities. The certification opens doors to various job opportunities and a promising career in the accounting profession. Its syllabus is designed to equip you with the knowledge needed to excel in finance and accounting.

Completing the ACCA qualification can significantly boost your career prospects, with ACCA-qualified professionals in high demand. The exams, although challenging, are well worth taking for anyone serious about becoming a globally recognized chartered accountant. With professional certifications like ACCA, you gain strategic thinking skills and a competitive edge in the job market.

Start your ACCA journey today with NorthStar Academy an official ACCA partner, offering discounts on exam fees and exemptions to help reduce costs. Reach out for more information via WhatsApp.

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Frequently Asked Questions

  • What are the advantages of pursuing ACCA?

    There are many benefits of pursuing ACCA, like:

    • Global recognition

    • Wide career opportunities

    • Flexible learning

    • Affordable cost

  • What is the Speciality of ACCA?

    ACCA offers a globally recognized qualification, covering accounting, business tech, laws, and ethics, with flexible study options and global career opportunities. Start your ACCA journey today!

  • Is pursuing ACCA worth it?

    Pursuing the ACCA is worthwhile because it is widely recognised, reasonably priced, and offers a variety of professional opportunities. Furthermore, the extensive coursework and hands-on training equip students to succeed in accounting.