Everything You Need to Know about the ACCA course and Exams

The ACCA or the Association of Charted Certified Accountants was established in the year 1904 and is renowned for offering the ACCA course or the ACCA qualification. With over 200,000 members as well as 486,000 students across 180 nations, the ACCA is the largest accounting board in the globe. ACCA headquartered in London, works through a network of over 100 offices and centres. The course is widely recognized by over 7,100 employers around the globe including India.

More Information about the ACCA Course

The ACCA course is designed for professionals looking to find jobs across different sectors such as banking, manufacturing and others. In fact, candidates who pursue the ACCA Classes are likely to find career opportunities in the field of fund management and statutory audits. In fact, premier accounting firms such as PWC, EY, Deloitte, KPMG etc. always look forward to hire ACCA certified professionals for further growth & advancement. Apart from this, even MNCs such as IBM, Accenture, Barclays and Oracle among other leading companies look to have ACCA members and students on board. In India, ACCA certified professionals are hired by leading organizations such as the TATA Group of companies, WNS, Hindustan Unilever etc.

The Syllabus

As far as the ACCA syllabus is concerned, it is divided into 3 distinct levels viz. Skills, Professional and Knowledge. Candidates are required to appear for as many as 13 papers and the ACCA Course details are as follows:

  • For Knowledge Level the candidates are required to appear for 3 ACCA exam papers.
  • To pass the Skills Level, candidates will have to appear for a total of 6 ACCA exam papers.
  • For the Professional Level, candidates will have to pass 4 ACCA exam papers (while two are compulsory, the other two are choice based papers)

The course provides candidates with Diploma in Accounting & Business after they have passed the Knowledge Level exams. On the other hand, the Advance Diploma in Accounting & Business is awarded for passing Skills Level exams. Apart from this, the Professional Level Certificate & ACCA Affiliate status is granted for passing the ACCA Professional Level exams.

The candidate can also apply for the ‘B.Sc. in Applied Accounting’ granted by the Oxford Brookes University upon the submission of theses after duly passing the ACCA Skills level examination. Also, the affiliate or member can apply for the ‘M.Sc. in Professional Accountancy , which is granted by the University of London upon appearing for one additional examination as well as submission of a theses once he/she has pass the ACCA Professional level exam.

Eligibility for the ACCA Certification

In order to pass the ACCA Course, a candidate must have cleared his/her 10th or SSC exam through FIA or the Foundation in Accountancy. Apart from this, professionals who have passed their HSC exams with Mathematics or Accounts and English as their subjects and have scored 65percent marks as well as an aggregate of 50percent are also eligible for the ACCA Course. Candidates who are pursuing their graduation as well as those who are already graduated can also appear for the ACCA exam.