I want to know more about acca
Hello Akshit Kataria,
Association of Chartered Certified Accountants (ACCA) is a professional accountancy body which also offers ACCA as a professional qualification.
Professional qualifications has an ethical requirement to be met and are not generic when compared to academic qualifications. They enable a person to enter and choose a specific profession for life and particular in nature. ACCA is a professional body and offers professional qualification for accountants to pursue their career in accountancy.
Coming to scope of ACCA and range of syllabus it covers:
1 - Financial Accounting (Basic and Advance)
2 - Financial Management (Basic and Advance)
3 - Financial Performance
4 - Business and Corporate Law
5 - Taxation (Basic and Advance)
7 - Corporate and Financial Reporting
8 - Audit & Assurance (Basic and Advance)
9 - Corporate Governance
10 - Risk and Ethics
11 - Business and Financial Analysis
Apart from these ACCA take care of your ethical requirements in order to become a member of a professional body.
ACCA exams consists of 3 levels:
Knowledge - 3 papers
Skills – 6 papers
Professional – 5 papers
Essential - 3 Papers
Options – 2 papers from 4
Passing percentage for each exam is 50%. Up to skills level exams are computer based whereas professional level exams are manually taken in writing. Exams can be taken in four sessions per year (maximum of 4 papers per session).
Apart from these exams students are also required to give Professional Ethics module which is online and test your ethical dilemmas.
Thank you.