Association of Chartered Certified Accountants (ACCA)
In recent years, the Association of Chartered Certified Accountants (ACCA) qualification has gained significant popularity among finance professionals in India. ACCA is a globally recognized qualification that is aimed at developing the skills needed in the fields of accounting, finance, and management. It is designed to provide individuals with the knowledge, skills, and competencies required to become successful finance professionals. The qualification is offered by the Association of Chartered Certified Accountants, a leading international professional accounting body.
This career path offers excellent opportunities for individuals interested in pursuing a career in the finance sector.With its globally recognized qualification and versatile skill set, ACCA professionals can pursue a successful career in various roles and sectors. It is a path that provides individuals with the potential for growth, strong earning potential, and the chance to work with leading employers in the industry.
Role Desciption
As ACCA qualified professionals, individuals can take up a wide range of roles and responsibilities in various organizations. Some of the key roles include financial accountant, management accountant, finance manager, auditor, tax consultant, financial analyst, and investment analyst. ACCA professionals are responsible for financial reporting and analysis, budgeting and forecasting, taxation, auditing, risk management, and providing financial advice to businesses.
Eligibility
- 10+2 examinations with an aggregate of 65% in Mathematics / Accounts and English, and a minimum of 50% in other subjects
- ACCA Syllabus has a total of 13 examinations that a candidate must appear for. The 13 exams are split into 3 levels – Applied Knowledge, Applied Skills and Strategic Professional
- In addition to passing the exams, individuals also need to complete three years of relevant work experience.
Pros/Cons
Pros:
- Global recognition of the ACCA qualification
- Excellent career prospects
- High demand for finance professionals
- Attractive salary packages
- The ability to work in various industries and sectors
Cons:
- Need for continuous professional development
- Staying updated with the ever-changing financial and regulatory landscape
Leading Professions
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Audit and Assurance
ACCA members can work as auditors in public accounting firms, examining financial statements and ensuring compliance with regulatory standards.
8.0LPA
Financial Accounting and Reporting
Professionals can work in finance departments of companies, preparing financial statements, maintaining financial records, and advising on accounting practices.
8.0LPA
Management Accounting
ACCA members can become management accountants and provide financial information and analysis to assist in managerial decision-making, budgeting, and cost control.
10.0LPA
Taxation
Professionals can work as tax advisors, helping organizations and individuals navigate complex tax laws, minimize tax liabilities, and ensure compliance.
10.0LPA
Corporate Finance
ACCA members can work in investment banks, financial institutions, or corporate finance departments, providing financial expertise in areas such as mergers and acquisitions, valuations, due diligence, and risk management.
10.0LPA
Risk Management
Professionals can work as risk managers, analyzing and managing financial risks facing an organization, including credit risk, market risk, and operational risk.
10.0LPA
Financial Analysis
ACCA members can become financial analysts, conducting research, analyzing financial data, and providing investment recommendations to clients or internal stakeholders
10.0LPA
Management Consulting
Professionals can work in consulting firms, advising businesses on strategic planning, financial performance improvement, business process optimization, and risk management
10.0LPA
CAREER VIDEOS
Career Path
10+2 examinations with an aggregate of 65% in Mathematics / Accounts and English, and a minimum of 50% in other subjects
1 Steps
Skills
Recruitment Area
Accounting firms ,
Financial institutions ,
Multinational corporations ,
Government organizations ,
Non-profit organizations ,
Consultancy firms ,
Investment banks ,
Insurance companies ,
Regulatory bodies .
Recruiters
KPMG ,
Deloitte ,
Tata Group ,
Reliance Industries ,
Infosys ,
Amazon ,
PricewaterhouseCoopers (PwC) ,
Ernst and Young (EY) .
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Exams & Tests
Interested? Take the next step for this career
10+2 examinations with an aggregate of 65% in Mathematics / Accounts and English, and a minimum of 50% in other subjects
- 1 Steps
Skills Needed
Exams and Tests
Recruitment Area
Accounting firms ,
Financial institutions ,
Multinational corporations ,
Government organizations ,
Non-profit organizations ,
Consultancy firms ,
Investment banks ,
Insurance companies ,
Regulatory bodies .
Recruiters
KPMG ,
Deloitte ,
Tata Group ,
Reliance Industries ,
Infosys ,
Amazon ,
PricewaterhouseCoopers (PwC) ,
Ernst and Young (EY) .
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