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ACCA Full Form – Association of Certified chartered accountants

What is the full form of ACCA?

ACCA Full Form – Association of Certified chartered accountants

The full form of ACCA is the Association of Certified Chartered Accountants. ACCA is an international organization that provides students with a certified chartered accountant certification. This certification allows students to work in various accounting and finance positions worldwide. Becoming a member of ACCA is relatively straightforward, making it an attractive option for those who wish to pursue a career in accounting and finance.

There are many benefits to becoming an ACCA member, such as access to exclusive resources, discounts on professional development courses, and invitations to special events. If you are interested in pursuing a career in accounting and finance, becoming an ACCA member is something you should consider.

Know About ACCA

ACCA (the Association of Chartered Certified Accountants) is the world’s leading body for professional accountants, with over 200,000 members and 527,000 students in 181 countries.

We aim to offer business-relevant, first-choice qualifications to people of application, ability, and ambition worldwide who seek a rewarding career in accountancy, finance, and management.

Our reputation is built on the positive difference our qualified members make to the lives of others and to the organizations they work for. We believe that accountants bring value to economies in all stages of development and that as economies grow, so makes the demand for ACCA qualified professionals.

The Association has 12 offices around the world.

Eligibility for ACCA

The Association of Certified Chartered Accountants courses have the following main eligibility criteria:

  • The candidate must be at least 18 years of age.
  • The candidate must have passed senior secondary education such as 10+2, which is the minimum required educational qualification.
  • The candidate must have a minimum of 65% in accounts or Mathematics and English in their 12th board exams.
  • The candidate must have passed 12th with a minimum of 50% marks.

What Are The Structure of ACCA

The Association of Certified Chartered Accountants (ACCA) is the world’s largest and most prestigious professional body for accountants. The ACCA qualification is recognized and respected by employers in countries worldwide and provides a solid foundation for a successful career in accounting and finance.

The ACCA qualification consists of three levels: Fundamentals, Professional and Advanced. Each level has its exam structure and requirements.

To complete the ACCA Qualification, students must pass all exams at each level and complete a Professional Ethics module and a practical experience requirement.

The Fundamental level of the ACCA Qualification covers critical topics such as financial reporting and management accounting.

Is ACCA more complex than CA?

ACCA is not more complex than the CA exam in terms of duration, number of papers, course levels, or course flexibility. That is why CA or chartered accountancy is often considered more challenging and more complex than the Association of certified chartered accountancy. However, this does not mean that the ACCA examination is a cakewalk. The exam questions are designed to test your understanding and application of accounting principles in real-world scenarios. So, if you want to pass the ACCA exam with flying colors, you need to put in the hard work and prepare thoroughly for it.

What is the ACCA course salary?

The salary for an individual who has ACCA qualifications can depend on position to position. It can be up to 8 lac INR per year. This pay scale for ACCA qualified students typically ranges between Rs. 4 lac to Rs. 15 lac per annum. In other cases, it can be higher, depending on the skills, company, and competition.

How many years of  ACCA course?

The ACCA course is a professional accountancy qualification widely recognized in the business world. The course is 13 papers long, and on average, it takes 2 years to complete all the examinations. However, the maximum duration to complete ACCA is 7 years. The course covers financial accounting, auditing, taxation, and management accounting.

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