As time for your graduation starts approaching, you yourself and parents start contemplating – what stands next? In the eyes of parents and society, this is the age to stand up on your toes and start taking steps to develop a career.
We at VGLD hereby present you with a brilliant career prospect – Association of Chartered Certified Accountants (ACCA). With an average timeline of just 3 years, one can aim to complete this global accreditation by the age of 23-24 and create a name for yourself.
ACCA Course is like an international equivalent of our premium desi accountancy program – Chartered Accountant (CA). It is an international accounting body with over 2 lakh members worldwide and 5 lakh students spread across over 175+ countries giving its certified members a global accreditation. Based on IFRS standards, it is the most advanced and widely used accounting standards in the world with over 150 countries mandating its use for their financial reporting.
Overview of ACCA
ACCA tests students across below three levels with a need to appear in any two subjects out of last four at the Professional Level. These subjects are like ones studied in B. Com graduation course across the country with differences in detailed knowledge and application skills.
Applied Knowledge Level | Applied Skills Level | Professional Level |
Accountant in Business | Corporate & Business Law | Strategic Business Leader |
Management in Accounting | Performance Management | Strategic Business Reporting |
Financial Accounting | Taxation | Advanced Financial Management |
Financial Reporting | Advanced Taxation | |
Audit and Assurance | Advanced Performance Management | |
Financial Management | Advanced Audit and Assurance |
Eligibility
Any student who has cleared higher secondary examinations (across any stream like science, humanities) are eligible to appear for ACCA examinations.
Advantage of doing ACCA after B. Com
ACCA being an advanced and carefully designed course, naturally believes in passing on benefits of experience and earlier education to students. These benefits are granted in form of exemptions from appearing in certain papers and/or levels depending upon past education. Moreover, with knowledge acquired in the graduation level, one can look to easily understand ACCA concepts.
Acca Exemptions for B.com Graduate
A student with B.Com graduation completed from any ACCA recognized university can take advantage of exemption in all three papers of the ‘Knowledge Level’ and ‘Corporate & Business Law’ paper within the ‘Applied Skills Level’ – total FOUR papers. Hence, a graduate can straightaway their ACCA journey from Applied Skills Level by needing to appear for paper F5, i.e., Performance Management onwards. Having this exemption, one can expect a direct saving of around 6 months to 1 year in the total study journey.
Wonderful, isn’t it? Hold on, we have more benefits lined up for you.
Advantage of doing ACCA from VGLD
VGLD believes in providing the best opportunity to students to uplift their career. Hence, below are two exclusive advantages of doing ACCA from VGLD:
- Graduate students opting for ACCA course from VGLD also stand to gain an exclusive, limited one-time period scholarship of Rs. 43,100/-. Wow, this is more discount than ones offered as part of the annual shopping festivals by Amazon & Flipkart.
- VG Learning Destination, Jhandewalan is an approved Computer Based Centre for On-Demand Exams in Delhi.
Other Course Details
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.
Do it at your pace – Students can appear for any paper within each level as per their choice, thus it is a course to be done at your pace.
To view the fee structure, please refer to our video on ACCA course fees
Job Opportunities post ACCA
Many multinational corporations (MNCs) like JP Morgan, Citibank, PwC, EY, Barclays, HSBC, Dell require candidates to handle their accounting, taxation & other parts of operations. Opportunities for candidates who have knowledge of Foreign Accounting Standards and Principles like IFRS are available in abundant volume.
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.
- Forensic
To know more details, please feel free to contact 88VGLD @9700000038 or mail us at acca@vglearningdestination.com