Why Choose ACCA course and why it is better for your career?

Introduction to ACCA course

The ACCA, expanded as the Association of Chartered Certified Accountants, is a fast-growing international accounting organization with more than 2,00,000 members and more than 5,00,000 students, with a presence in over 180 countries. It is the organization behind the prestigious Chartered Certified Accountant qualification (also known as the ACCA certification).

If you are wondering, Why Choose the ACCA Course? Well! The ACCA certification is among the most respected globally recognized accounting, taxation, and finance credentials. It is considered a great way for commerce students and working professionals to kick-start their careers. Moreover, if you want to work as a finance or accounting professional in foreign countries, then a certification like the ACCA is the way to go.

The course can be pursued after graduation or 12th standard. Moreover, you can even start the ACCA course just after you pass your 10th grade examination by enrolling in the FIA (Foundation In Accountancy).  

Now, let us hop on to why choose ACCA courses and the reasons for making it a preferred choice today.

Key Takeaways

• 9 Reasons to do ACCA

9 Reasons to do ACCA

As a globally recognized course and its updated/Industry-relevant content, ACCA has become a great way to build a career in accounting and finance as a beginner. Doing the ACCA certification is also quite beneficial for an experienced accounting professional.

There is more than one reason for the question, Why Choose the ACCA course and acquire this beneficial certification? Let's discuss a few of those reasons in detail:-

1. Salary Package

Having the ACCA credential can help you land a well-paying job in the finance/accounting sector. If you are already a working professional, doing the ACCA certification course can help you fetch a better salary at your current firm, or help you find a better job opportunity.

The ACCA certification holds a lot of value in India and globally. As an ACCA, you will be able to work in an accounting firm on the same level as an Indian chartered accountant or CA.

On average, an ACCA-certified accounting professional can get a salary anywhere between INR 6 to 8 lakh per annum, which is only bound to increase as you gain more experience. As ACCA is an international certification, you will also be able to work outside India, where you will be able to claim an impressive salary package.

1. Globally Recognized Qualification

Another reason to choose the ACCA course is the global exposure you receive. As a globally recognized qualification, the ACCA credentials allow you to work nearly anywhere around the globe. The ACCA Institute has a presence in over 180 countries; you will be able to explore career opportunities in these countries. These countries include the UK, Ireland, Australia, the USA, Singapore, Hong Kong, Dubai, and more.

If you ever have the dream of working abroad, the ACCA may make it come true. Even if you don't want to work abroad but want to work with MNCs in India, ACCA will give you the required edge.

1. Jobs in Various Domains

With ACCA, you are not limited to mainstream accounting-related jobs. At the beginning of your career, you have multiple avenues, such as advisory, taxation, and financial analysis, in addition to mainstream accounting. Completing the ACCA exams will provide you with all the skills and fundamentals required to excel in your career. Here are the top 7 domains that are perfect to start your career as an ACCA-certified professional.

• Insolvency
• Auditing
• Finance & Accounting
• Corporate Finance
• Risk Management
• Consulting & Advisory
• Taxation

Moreover, the ACCA institute has partnered with many employers globally, which further helps boost the career opportunities being made available to ACCA members and affiliates. It is what makes it worth it and supports the point of Why Choose ACCA course.

1. Earn degrees in ACCA-accredited Universities

Many universities and colleges have also partnered with the Association of Chartered Certified Accountants (ACCA). You can earn a bachelor's or master's degree from these ACCA-accredited Universities after completing the ACCA course.

You are eligible to get a BSc (Hons) Degree in Applied Accounting from such universities. However, you may need to write a research paper and submit it to the university, as any other regular student would have to.

Similarly, you can also proceed to get a Master's if you wish to do so.

1. Networks

Why Choose ACCA course Well! Another huge benefit of being an ACCA is the networking opportunity that you may receive. As a member of the ACCA, you get access to several benefits that are exclusive to ACCA members, including access to an exclusive job portal on ACCA, the opportunity to meet like-minded professionals, and attending seminars and conferences to build/grow your professional network.

1. Flexible and Cost-Effective

One of many reasons that ACCA is the top choice for commerce students is its flexible examination schedule. The ACCA happens four times each year, providing you with a lot of flexibility to go through these exams. There are 13 exams in the ACCA course, which you may need to pass if you started the course right after the 12th class. However, exemptions to some exams are granted if you have already completed your higher level education (bachelor's and master's degree) or any other certification. Check this link to learn about the ACCA exemptions. (hyperlink NSA page)

Another point to support "Why Choose ACCA course" is that this certification is also the most cost-effective professional accounting credential that can provide you with much better prospective career options. 

1. Scope after the ACCA course

The immense number of job opportunities after acquiring the ACCA certificate is another reason supporting the argument why choosing ACCA courses.

There is no shortage of job and career opportunities for ACCA-certified accounting professionals in India as well as outside India. Some of the top job roles are:

• Senior Accountant
• Chartered Accountant
• Finance Manager
• Auditor
• Associate Auditor
• Financial Consultant

In the current times, we are witnessing a huge surge in the number of multinational companies (also Big 4s) and start-ups. These companies and firms are looking to hire professionals who have internationally recognized qualifications, such as ACCA credentials.

With the global economy keeping rising, this surge is not stopping soon, which is bound to create many new job opportunities for professionals with ACCA credentials.

1. Continuous Professional Development

As an official ACCA member, you must complete at least 40 hours of Continued Professional Development (CPD) every year. Why Choose ACCA course Well! It will keep you updated with the latest IFRS changes and financial trends, thus remaining at par with the current market standards. As you can see, you become more competent and updated in the accounting industry, further increasing your value and exposure.

1. Industry Experience

To become a full-fledged member of the prestigious ACCA institute, the candidate needs to complete up to 3 years of relevant practical experience (PER) under the supervision of other ACCA-certified accounting professionals. These three years will provide you with enough industry experience to gain a high-level position in a Multinational company. However, the exemption is granted if you are working in an Approved learning provider (ALP), which itself provides the equivalent experience. 

This experience can be extended to hone your skills more and get you well-versed in the underlying concepts. So, yeah! Industry experience is another great reason to support the argument: Why Choose the ACCA Course?

Conclusion

In the past five or so years, the demand for an ACCA qualification has grown immensely. Many students are looking to obtain such professional qualifications that can help them expand their horizons and get better professional opportunities, which makes it a good reason to support the argument of the Why Choose ACCA course.

However, proper guidance is required to become an ACCA-certified accounting professional. If you have already decided to get the ACCA credential, let us help you with the next steps. We at the NorthStar Academy help students achieve their desired professional accounting qualifications. You should check out our ACCA certification course, where we provide you with hand-holding support to achieve your desired credentials. Our well-organized study material covering every corner of the syllabus has proven beneficial to successful ACCA professionals. 
Have any queries? Give us a call at +918147470707 and discuss them with our counselors.