As the finance and accounting realm undergoes continuous evolution, the importance of professionals proficient in contemporary tools and technologies becomes increasingly pronounced. ACCA, with its curriculum updated to reflect market trends, nurtures agility and proactivity among individuals. Moreover, it equips professionals to anticipate and adeptly adapt to market changes, thereby serving as a catalyst for a prosperous career.
Here’s why pursuing ACCA can catalyse a thriving career:
Adaptability to emerging roles:
Unlike traditional accounting qualifications, ACCA is designed to prepare professionals for the evolving demands of the global business landscape. It equips candidates with skills not only in financial reporting and taxation but also in areas such as risk management, sustainability reporting, and digital finance. This adaptability to emerging roles ensures that ACCA graduates remain in-demand and relevant in dynamic industries.
Focus on sustainable business practices:
ACCA places a strong emphasis on sustainability and corporate social responsibility (CSR) within its curriculum. By integrating sustainability principles into financial reporting and decision-making processes, ACCAs can support organisations in achieving long-term sustainability goals and enhancing stakeholder trust and reputation.
Networking and collaboration opportunities:
Through ACCA, individuals gain access to a global network of like-minded professionals, fostering collaboration, knowledge-sharing, and avenues for career growth. ACCA organises various training workshops, events, and seminars, providing members and aspirants with opportunities to network and expand their horizons.
Scope of entrepreneurship and intrapreneurship:
ACCA fosters a mindset of innovation and adaptability, empowering professionals to drive organisational change or pursue entrepreneurship with confidence. Whether founding their own startups or driving innovation within existing organisations, ACCA graduates are empowered to make a meaningful impact as entrepreneurial leaders in the global marketplace.
Fast-track to leadership:
ACCA offers a comprehensive pathway to leadership by providing globally recognised qualification with a broad skill set encompassing technical expertise and strategic thinking. With high emphasis on ethical conduct and continuous professional development opportunities, ACCA equips professionals to navigate complex business landscapes and assume leadership roles with confidence and competence, accelerating their career progression in the finance and business sectors.
ACCA eligibility criteria:
Individuals with an interest in finance and accounting who have completed their 10+2 examinations are eligible to pursue the ACCA qualification, provided they obtain a minimum score of 65% in Maths, Accounts, and English, and a minimum score of 50% in other subjects.
Students who have cleared the 10th grade can also register for the ACCA qualification via the Foundation in Accountancy (FIA) route.
With a total of 13 papers spread across three levels, this qualification offers aspirants different exemptions based on their academic qualifications.
ACCA Exam Exemptions
ACCA integrates flexibility into its examinations by the means of exemptions that are based on your prior qualifications.
| Qualification | Number of Exams | Exemptions |
|---|---|---|
| High school | 13 exams | None (0) |
| BBA + MBA (Finance) | 10 exams | BT, MA and FA (3) |
| Pursuing B.Com | 8 exams | BT, MA, FA, LW and TX (5) |
| B.Com Graduate | 9 exams | BT, MA, FA and LW |
| IPCC (both groups) | 8 exams | BT, MA, FA, TX and AA (5) |
| B. Com + IPCC | 7 exams | BT, MA, FA, LW, TX and AA (6) |
| CMA (India – Associate Member/Fellow Member) having more than five years of work experience |
4 exams | BT, MA, FA, LW, PM, TX, FR, AA and FM (9) |
| Chartered Accountant | 4 exams | BT, MA, FA, LW, PM, TX, FR, AA and FM (9) |
Fees:
The fees for ACCA vary depending on the levels involved in the process:
- Registration fee: £30 (INR 3,000)
- Exemption for applied knowledge level: £84 (INR 8,400)
- Exemption for applied skills level: £111 (INR 11,100)
- Annual Subscription: £134 (INR 13,400)
- Exam fees for knowledge level: £100 (INR 10,000)
- Exam fees for skills level: £120 (INR 12,000)
- Exam fees for professional level: £160 (INR 16,000)
With its adaptable exam structure and achievable pass percentage, ACCA caters to the diverse needs and aspirations of ambitious finance and accounting professionals.
As a Gold Approved Learning Partner and Employer, LearninGT by Grant Thornton Bharat prioritises experiential learning, leveraging real-world industry examples, simulations, and live projects to enhance practical skills.
Explore LearninGT’s ACCA programme here