ACCA Journey after Class XII
The Association of Chartered Certified Accountants (ACCA) is a global body of professional accountants. ACCA is recognized globally with over 170 countries approving it, thus giving its certified members a global accreditation. Based on IFRS standards it is the most advanced, detailed and used accounting standards in the world with over 150 countries requiring its use. Think of this course as a global visa to international working opportunities within 3 years of passing Class XIIth examinations!
Sounds exciting, isn’t it? But instead of rushing towards a decision, we at VGLD, do not believe in just making money by selling false promises. We provide students with all the required information for informed decisions – after all it’s a matter of your career.
Entry Point in ACCA Course
ACCA, being the most advanced accountancy course, allows a bundle of starting points to choose from. Irrespective of subject chosen in higher secondary (XI-XIIth), one can still join this course at any time and make a shinning career in the world of finance. Everyone can hop on this journey towards ACCA membership irrespective of their existing qualifications and/or work experience.
Infact now students can start their ACCA journey with VG learning while in school as well at their Class XI and Class XII commerce level.
Scope of ACCA course
We will know spend some time to ensure that we understand the ACCA course, its curriculum, and exam dates.
Subjects covered – ACCA course is divided into three stages testing you in specialized fields as below:
Exam format – ACCA exams are conducted on the Computer-Based Method (CBE). Only MCQ (Multiple Choice Questions) and Scenario-based questions are there to test the relevant skills.
Frequency – Exams are conducted across four testing windows each calendar year. This provides students with ample opportunities to prepare and appear for exams according to their schedules and time needs.
Moreover, papers like Accountant in Business; Management in Accounting; Financial Accounting and Corporate & Business Law are on-demand papers which a student can opt to appear for at any time. Hence, a student need not wait for a quarter to appear for the examinations.
Also, VG Learning Destination, Jhandewalan is an approved Computer Based Centre for On-Demand Exams in Delhi.
Do it at your pace – Students can appear for any paper within each level as per their choice, thus it’s a course to be done at your pace.
Course Timeline – To attain ACCA membership, a student must:
- Pass in all these three levels
- Complete 20 hours of Ethics and Professional Skills Module
- Complete 3 years of practical work experience in a relevant role
A student should have completed 18 years of age and qualified the 10+2 exams with an aggregate of 65% in Mathematics/Accounts and English and a minimum of 50% in other subjects.
Students pursuing graduation courses in field apart from Commerce can also join in and pursue their dream of being a Global CA – Global Citizen.
Advantages of ACCA
Below are some of the advantages of doing ACCA to guide you in your decision-making process.
- Attestation of being an expert in world’s most developed accounting standards
- Become a global citizen with endless opportunities to make an international career
- Set your own pace with four exam sessions per year to choose from
- Whopping pass percentage of 50%, increasing the success chances
- Become an ACCA in just 3 years including work experience
- Require to clear only 13 papers across three years and multiple stages
- MCQ and scenario-based questions to truly test your knowledge and application skills
- Opportunity of being employed by world’s biggest companies like Barclays, EY, PwC, HSBC
Opportunities post ACCA
With growing globalization many multinational corporations (MNCs) like JP Morgan, Citibank, PwC, EY, Barclays, HSBC, Dell require candidates to handle their accounting, taxation & other parts of operations. This, thereby, opens up a plethora of opportunities for candidates who have knowledge of Foreign Accounting Standards and Principles like IFRS.
Below are some of the exciting career opportunities post ACCA qualification:
- Assurance Services
- Foreign Accounting
- Internal and External Auditing
- Consulting Services
- Tax and Financial Planning
- Advisory services like tax, transaction (M&A) etc.
Some of the broader teams/department one can look forward to be a part of post qualification:
- Mergers & Acquisition (M&As)
- Internal Audit
- Trading Operations
- Risk & Compliance