What is ACCA overview full form course details and fees

What is ACCA? Overview, full form, course details, and fees,

If you aspire to build a successful career in finance, accounting, or management, the ACCA qualification is a prestigious Certification that can open doors to global opportunities. Let's explore what ACCA is, its complete form, course details, and its associated fees.

What is ACCA?
The Association of Chartered Certified Accountants (ACCA) is a globally recognized professional accounting body. Founded in 1904, ACCA offers one of the most sought-after qualifications for individuals interested in becoming Chartered Certified Accountants. With members in over 170 countries, employers widely respect ACCA certification.
ACCA aims to equip its members with the necessary knowledge, skills, and values to excel in accounting and finance. The certification covers taxation, auditing, financial management, and strategic business leadership.

Why Choose ACCA?

1. Global Recognition: ACCA is recognized in numerous countries, making it easier to work internationally.

2. Comprehensive Curriculum: The course provides a deep understanding of various aspects of accounting and finance.

3. Flexible Study Options: Students can study ACCA part-time or full-time and pursue it online.

4. Career Opportunities: ACCA opens doors to diverse roles in auditing, taxation, financial management, and strategic planning.

5. Ethical Standards: The course emphasizes professional ethics, which is crucial in finance.

Undergraduate Programs Post Graduate Programs
BBA
MBA

B.Com
M.Com

BCA
MCA

B.Tech
M.Tech

BA
MA

BA-JMC
MA-JMC

B.Lib
M.Lib


Course Details:

The ACCA course is divided into three levels:

1. Applied Knowledge Level:
This level builds a foundation in finance and accounting.
• Business and Technology (BT)
• Management Accounting (MA)
• Financial Accounting (FA)


2. Applied Skills Level:


This level focuses on more advanced technical accounting and finance knowledge.
• Corporate and Business Law (LW)
• Performance Management (PM)
• Taxation (TX)
• Financial Reporting (FR)
• Audit and Assurance (AA)
• Financial Management (FM)


3. Strategic Professional Level:


This level develops strategic and advanced knowledge in finance and management.
• Strategic Business Leader (SBL)
• Strategic Business Reporting (SBR)


Optional Modules (Choose Two):


• Advanced Financial Management (AFM)
• Advanced Performance Management (APM)
• Advanced Taxation (ATX)
• Advanced Audit and Assurance (AAA)

Eligibility Criteria


To enroll in the ACCA program, candidates generally need to meet the following requirements:
• A minimum of two A Levels and three GCSEs (or equivalent) should include subjects like Mathematics and English.
• You may start with the ACCA Foundation in Accountancy (FIA) if you do not meet these criteria.


Duration of the Course






The duration of the ACCA course depends on the student's pace. On average, it takes around 2 to 3 years to complete, assuming consistent progress and exam success.


Fees Structure


The cost of pursuing ACCA includes various components, such as registration fees, annual subscription fees, and exam fees.


1. Registration Fee: Approx. ₹7,900


2. Annual Subscription Fee: Approx. ₹12,000


3. Exam Fees:
• Applied Knowledge Level: Approx. ₹8,400 per paper
• Applied Skills Level: Approx. ₹12,100 per paper
• Strategic Professional Level: Approx. ₹16,200 per paper


Additional Costs:


• Study materials and tuition fees (vary depending on the learning provider)
• Practical experience requirements (if applicable)


How to Register for ACCA



• Visit the official ACCA website: www.accaglobal.com
• Create an account and complete the registration form.
• Upload the required documents, including academic certificates.
• Pay the registration fee.


Career Opportunities after ACCA
An ACCA qualification can lead to a wide range of career opportunities in finance and accounting, such as:
• Financial Analyst
• Auditor
• Tax Consultant
• Management Accountant
• Finance Manager
• Chief Financial Officer (CFO)

Conclusion:
ACCA is an excellent choice for individuals who want to excel in accounting and finance on a global scale. With its comprehensive course structure, flexibility, and international recognition, ACCA can be your ticket to a thriving career in the finance world. While the fees may seem substantial, the long-term career benefits and opportunities make it a worthwhile investment.