ACCA is a global and recognized body duly constructed for Professional Accountants. To understand better, here is the Full Form of ACCA – Association of Chartered Certified Accountants. Students not only from India but all across the world are endeavoring in this course. Seeing the statistics, around 178 countries are connected with the ACCA body. Even the count of students has also shown massive growth until its establishment too. The reason behind the popularity of the ACCA course is its burgeoning awareness and skills that one grabs during the entire course session. To know further, we need to dig a lot of details like ACCA Course Details, Eligibility, and other aspects. So, glue along with us and read the entire blog.
A Quick View on the ACCA Eligibility/Qualification
- Students who have successfully completed their 12th standard from a recognized educational body in commerce stream can apply for the ACCA course. But this is not enough for ACCA eligibility/qualification.
- The applying aspirant needs to hold passing marks in 5 subjects, specifically in English and Maths. The aggregate score of the two subjects must be 65%, and for others, it can be adjusted to 50%.
- Also, the students from B.Com, BMS, and BBA can also apply for the ACCA course.
ACCA Course Details Explained
The ACCA course details are extensive as it is divided into thirteen papers which are subdivided into four levels. To know further in this context, we need to move forward with the elucidation of the course structure.
Knowledge – This is the first step towards the skills module, which cannot be ignored. Knowledge here can be categorized into three papers that are from F1 to F3. The subjects that fall under are
- Accountant in Business
- Management Accounting
- Financial accounting
Skills – Coming to the second-course module, this level includes 6 principle papers with advanced understanding. The level is expected to be similar to a bachelor’s degree course. The subject papers from F4 to F9 are
- Corporate & Business Law
- Performance management
- Financial reporting
- Audit and assurance
- Financial management
Professional– This level revolves around enlightening one with essentials required to be one of the top-notch accountants’ experts with advisory skills. It includes two levels – SBL and SBR.
- Strategic Business Leader
- Strategic Business Reporting
Apart from the above-mentioned levels, which are compulsory for every ACCA aspirant, they will be provided with options. Here the aspirant will be given four options P4, P5, P6, and P7, in which they have complete liberty to choose two papers.
- Advanced Financial Management
- Advanced Performance Management
- Advanced Taxation
- Advanced Audit and Assurance (both international and the UK
ACCA Course Fees Structure and Duration
Want to know ACCA course fees, then it will cost you around 3 Lakhs for the entire course. Also, the duration of this course is two to three years, full time.
ACCA Exam Dates of 2020
We want to inform you that the association is conducting the ACCA Examination four times in a year. Those who are waiting for the ACCA exam dates can buck up their preparation as the dates are out. The next ACCA Examination will be conducted in March 2020 and the last date to apply for the examination is 3rd February 2020.
If you want to appear in the ACCA June 2020 session examination then you must submit the entry late by 4th May 2020. The details concerning time and other information will be updated to the aspirants in the examination planner itself.
Expected ACCA Salary in India
It is the first and the most significant question that every ACCA aspirant would like to know. Also, determining whether to proceed with this course or not somewhere depends on the salary factor as well. So, without gushing around the bush, we would like to tell you that the expected ACCA salary in India will run between 4 to 10 lakhs per annum.
Being structured on the international standards of accounting, ACCA is opening up a lot of opportunities and a flexible approach. Along with this, qualified students are flooded with endless employment opportunities in each and every sector of accountancy. Studying the course of ACCA will inevitably revert one into a fully grown and established accountant whom the top MNCs will themselves call for jobs. So, why waste time, when you can reinvent your career in one of the most fascinating subjects that is accountancy.