ACCA is one of the leading and fastest-growing professional organizations in the world. The Association of Chartered Certified Accountants was established in 1904 that maneuver from the UK proposing the “Chartered Accounting Course” qualification across almost 181 countries with over 200,000 members and 500,000 students towards leading on it. Through ACCA is in the 181 countries all over the world, you can build a successful career as a Certified Chartered Accountant after completing the ACCA qualification.
The association of chartered certified accountants may be a very competent and leading accounting global body their qualification gives you recognition as an employee who has the power altogether aspects of a business. The term Chartered Certified Accountant is protected legally as anyone who claims to be a chartered certified accountant has got to be a member of ACCA.
Searching of ACCA college in Kathmandu? Here NCA College of Management gives you detailed information about the ACCA program, exemptions, criteria, exam format, strategies, and equivalency to affect ACCA qualification. This comprehensive guide will assist you to get an edge and a transparent understanding of the course. We hope this helps clear all of your doubts and helps you create an informed decision.
Why ACCA is one for Certified Accountants?
ACCA as a qualification is growing in no time and across the world with opportunity students and members in additional than 170 countries. This certification assures the employers that you simply eligible altogether aspects of a business.
It gives you better job prospects and growth in higher senior management.
It is the most important and fastest-growing global accountancy body with quite 3, 20,000 members and students in several parts of the globe.
Most importantly it gives your satisfaction in acquiring business skills.
Why purse for ACCA in the best ACCA college in Kathmandu?
- It is globally recognized:
The ACCA qualification and qualified are recognized throughout the globe as it is prestigious and globally leading progression. The ACCA student can migrate easily to the world, and pursue their career from any part of the world at any time and can help them as Certified Chartered Accountants to work, build their successful career from anywhere.
- It is one of the flexible progressions:
You can start your career or job from anywhere. You don’t have to be in the office whole time like 9-5 jobs. You can purse to your work station at any time. It is a flexible advantage after completion of the ACCA qualification. It will also provide real-world problems that will make you think and get the experience of practical requirements.
- Professional status:
ACCA professional is respected and admired throughout the globe as it one of the most leading opportunities and prestigious building progression. The confidential skills and professionalism developed during qualification which is further increases the demand of the reputed ACCA members in the globe.
- It provides financial effectiveness:
After completion of ACCA, it provides professionals who can gain the most financial effectiveness without many hardships as a comparison to the others.
What is the exam structure & duration of ACCA?
Exams: ACCA consists of in total of 14 written examinations in English, alongside a business experience that’s relevant enough. 4 exams are often haunted in each part which normally takes about 2 to three years to clear; however maximum time given to clear ACCA is 10 years.
ACCA exam dates: These exams are held twice a year that’s in June and in December.
Eligibility: registering in several countries has different eligibility criteria for this course also the candidate must have relevant experience to possess this certification.
What is the course Structure of ACCA? Any subject exemptions?
To qualify as an ACCA member, candidates are required to attempt and clarify the following important courses:
But foremost let’s have a summary of these important points before you read out the courses of ACCA
- It is very necessary to attempt and clear 14 exams (ACCA does provide exemptions in some exams depending upon the candidate’s previous qualification)
- You must record 36 months’ experience during a relevant role. You can acquire the experience before /during/ after completion of the qualification.
- The Ethics and Professional Skills module must be completed.
The association will provide a comprehensive exemption of nine papers from the ACCA Qualification. Furthermore, ACCA has divided the 14 courses and exams into three levels: Knowledge, Skills & Professional, These exemptions are listed as follows:
- F1-Business Accounting
- F2-Management Accounting
- F3-Financial Accounting
Completion of these levels from F1-F3 alongside Foundation in Professional Ethics module helps you to earn a Diploma in Accounting & Business.
- F4-Corporate and Business Law
- F5-Performance Management
- F7-Financial Reporting
- F8-Audit and Assurance
- F9-Financial Management
Completion of 9 subjects (including 3 within the Knowledge Level) along with side Ethics & Professional Skills module, can earn you a complicated Diploma in Accounting & Business.
Strategic baron (SBL)
Strategic Business Reporting (SBR)
Options (Any 2 from 4)
P4-Advanced Financial Management (AFM)
P5-Advanced Performance Management (APM)
P6-Advanced Taxation (ATX)
P7-Advanced Audit and Assurance (AAA)
Ethics and professional skill:
Students must complete the Ethics and Professional Skills module which develops an entire range of skills that’s demanded by the employers.
You must have professional skills to qualify as an ACCA member; students must have completed 36 months’ relevant professional skills and achieve 9 performance objectives.
What is the actual time duration to complete to clear ACCA?
Every course has its time limit to complete it so does ACCA have. Overall, ACCA has 14 subjects that need to be cleared so on finish the examinations.
The ACCA exams are often completed within 2.5 years approximately. This is often ready to entitle the student to the ACCA Affiliate status.
However, this is often just one of the standards for completing ACCA to realize the whole qualification, the student must even have 3 years of relevant practical experience, complete certain objectives (called Performance Objectives, which could presumably be achieved during the three years of experience), also as an Ethics module. All of these are often achieved before/ along with/ after the examinations.
A student can complete the entire course is 3 years which is meant to be fastest. However, the ‘Affiliate’ status is often achieved within a shorter period.
Does ACCA offer any industrial/practical training?
To enroll for this certification you’ve got to possess minimum work experience of three years in relevant fields. ACCA believes in relating the bookish knowledge to practical knowledge and applying it.
ACCA apprentices work in every sector or organization. Wherever you look up for opportunities to help in your requirement or to meet your PER and to obtain one of the important component 36 months’ experiences in an appropriate role.
You should choose a job where you can spend your time on activities or tasks related to accounting, auditing, and finance or in other related criteria such as taxation, insolvency, and forensic accounting. If your job only includes some accounting or finance work then the time you spend on it is still valid towards 36 months’ experience for your PER to be a member of ACCA or you can apply your previous experience from a previous role, voluntary work, work experience or internship towards your PER including the experience you gained for ACCA member before registering ACCA.
Any minimum qualification to enroll in ACCA college in Kathmandu?
If you’re a faculty leaver with a minimum of three GCSEs and two A-Levels, in five separate subjects including maths and English, or if you’ve got equivalent qualifications, you’ll start your studies at the ACCA Qualification.
The ACCA Qualification is broadly like degree standard. Once you take the Professionals level, it’s like a master’s degree. So an ACCA member is considered holding a Master’s degree.
The completion of your exams, ethics module, and work experience and applied for ACCA membership, you’ll be ready to use the ‘ACCA’ letters after your name and commence your career as a knowledgeable accountant.
NCA college of management is the best ACCA college in Kathmandu offering ACCA courses since 2004. It is renowned for its international education practice and better learning & grooming environment. To know more about the admission process in NCA contact us!