ACCA or Association of Chartered Certified Accountants is a globally recognized body of accountants. Despite being the world’s largest and oldest accounting body, people in India still have doubts about the career aspects after ACCA. In India, people tend to keep ACCA certification equivalent to CA.

In this article, we will cover the following aspects:

1. ACCA career scope
2. Job Roles post ACCA
3. ACCA salary for freshers
4. ACCA salary for experienced
5. ACCA salary in different parts of the world

ACCA CAREER SCOPE:

ACCA members are seen to profit from the organization’s international stature. The skills inhibited by the members of ACCA and the professionalism or work ethic displayed by the members of ACCA is the reason why members of ACCA are in high demand in the global market.

Someone whose interest lies in accounting, finance, audit, and tax, must look into an ACCA course as the opportunities provided by the ACCA course in infinite. Since the ACCA course is recognized worldwide it provides a wide spectrum of possibilities for its employees.

Also, ACCA collaborates with its own members which displays a mutualistic relationship between the organization and its members as the collaboration proves to benefit both parties.

JOB ROLES POST ACCA

Here are certain jobs one can opt for after clearing the ACCA exam

1. MANAGEMENT ACCOUNTANT: A financial report is prepared based on the assessment of operations and business costs, this process of preparing financial reports by assessing the operations and business costs is called Management Accounting.
2. CORPORATE TREASURER: The members opting for this position will have to look after the capital of the company required to meet the necessities of the company. They also have to put forward financial strategies and the best options available for investments so as to benefit the company in the financial aspect.
3. FINANCIAL ACCOUNTANT: The financial accountant’s role comprises summarizing and interpreting the transactions being held in businesses.
4. FINANCIAL CONTROLLER: This post is majorly related to accounting, keeping all the financial records, and books of an organization according to the legal norms.

ACCA SALARY IN FRESHER

The salary of freshers depends on whether the fresher applying for the job is an ACCA Affiliate or ACCA member.

In case a fresher is an ACCA Affiliate the salary will range between INR 4 Lacs to 6 Lacs Per Annum.

In case a fresher is applying for a job after being an ACCA member the salary will range between INR 6 Lacs to 8 Lacs per annum.

ACCA SALARY FOR EXPERIENCED

ACCA values practical experience. To complete the ACCA course one has to obtain a certain years of work experience. As in any job, ACCA members will also be able to demand higher salaries after gaining practical experience in any relevant industry.

The salary is distributed in 3 levels

ACCA SALARY IN DIFFERENT PARTS OF THE WORLD

ACCA is an international professional accounting body, which gives its members an edge to be eligible to work in any country they wish to work in.

Some of the countries are given below with denoted salaries of ACCA members:

UNITED KINGDOM

• Since ACCA has its headquarters located in London, the members of ACCA in the United Kingdom are free to work in any relevant industry in the UK without any work restrictions.
• Fresher: GBP 39,100
• Mid-Level: GBP 52,500
• Senior- Level: GBP 68,200

AUSTRALIA

• Any ACCA member who wishes to apply for a seat in the Institute of Public Accountants can do so by clearing the exam of Australian Law & Tax.
• Fresher: AUD 50,800
• Mid-Level: AUD 64,200
• Senior-Level: AUD 84,600

CANADA

• In Canada, ACCA certification is equivalent to a 3-year degree which implies that anyone with the ACCA certification can apply for a master’s degree.
• Fresher: CAD 62,300
• Mid-Level: CAD 82,500
• Senior-Level: CAD 110,000

IRELAND

• The ACCA qualification is considered equivalent to a master’s degree in Ireland.
• Fresher: EUR 20,400
• Mid-Level: EUR 28,100
• Senior-Level: EUR 40,100

SWITZERLAND

• Switzerland follows the IFRS- International Financial Reporting Standards, therefore, ACCA qualification can help you land a job in any big company.
• Fresher: CHF 67,400
• Mid-Level: CHF 117,000
• Senior-Level: CHF 155,000

UAE

• The UAE’s national accounting authority is the Accountants and Auditors Association, which is affiliated with ACCA; thus, to practise CA in the UAE, one must be ACCA qualified.
• Fresher: AED 4000-7000/month
• Mid-Level: AED 10,000/month
• Senior-Level: AED 20,000/month

Hong Kong

• As the countries discussed above, Hong Kong also promises a job to ACCA-qualified individuals.
• Fresher: HKD 17,400
• Mid-Level: HKD 22,800
• Senior-Level: USD 31,900

If you wish to master the ACCA course material inside and out and ace the exam, get in touch with VGLD. The VGLD guarantees a passing rate of 100 percent. Contact us right away

To view the fee structure, please refer to our video on ACCA course fees.

CONCLUSION:

ACCA has been successful in making its position as the world’s largest and oldest accounting body which paves the door for endless opportunities in different countries across the globe.