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What is ACCA? Course Details, Fees, Syllabus & Eligibility Criteria.
The Association of Chartered Certified Accountants popularly know as ACCA is a globally recognised course with over 200,000 members and 600,000 students across 180+ countries. The ACCA qualification is considered the largest professional accounting qualification in the world.
ACCA course is one of the most prestigious certifications in accounting and is preferred by many students who want to build a successful career abroad.
In India, ACCA is said to be equivalent to CA and ACC ததA professionals are hired at the same salary in most companies such as PwC, KPMG, Deloitte, EY, Grant Thornton, and BDO.
ACCA Eligibility Criteria
- ACCA Course Eligibility: To be eligible to register for ACCA qualification, students should have qualified their 10+2 examinations with an aggregate of 65% in Mathematics / Accounts and English, and a minimum of 50% in other subjects.
- Students who have just cleared their class 10 examinations, or do not qualify as per the aforementioned criteria, can still register for the ACCA Course via Foundation in Accountancy (FIA) route.
Knowledge Level
- Accountant in Business (AB)
- Management Accounting (MA)
- Financial Accounting (FA)
Skill Level
- Corporate and Business Law (LW)
- Performance Management (PM)
- Taxation (TX)
- Financial Reporting (FR)
- Audit and Assurance (AA)
- Financial Management (FM)
Professional Level
Essential
- Strategic Business Reporting (SBR)
- Strategic Business Leader (SBL)
Optional (2 of 4)
- Advanced Financial Management (AFM)
- Advanced Performance Management (APM)
- Advanced Taxation (ATX)
- Advanced Audit and Assurance (AAA)
CA vs ACCA
Several students have asked us questions regarding the differences between CA and ACCA. Here are some of the factors to consider before you choose one between the two.
Difference between CA & ACCA | ||
| Differentiators | CA | ACCA |
| Signing authority in India | Yes | No |
| Signing authority overseas | No | Yes |
| Recognition in India & overseas | India | India & Overseas |
| Time taken for full course | 5 years | 2.5 years |
| Exam pattern | Group system | One paper at a time |
| Frequency of attempts | 6 monthly | 3 monthly |
| Salary packages | ₹5 – 8 lacs p.a. | ₹5 – 8 lacs p.a. |
| Companies hiring | All companies | Big 4, MNCs |
| Countries recognised | India | 180+ countries |
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