Is ACCA has scope in India ? And how can an ACCA candidate work abroad ?who recruites them
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Hello Gauri
ACCA is a globally recognized course. Think of it as International Chartered Accountant. You have the signing authority for 180 countries, and possibly an MoU with each and every nation. You are exposed to various aspects of International Laws with regard to Corporate Governance, Taxation, etc. The financial reporting standards taught in ACCA are IFRS.
Now coming to why ACCA is better than CA course, while talking about getting placed abroad, is because ACCA is a degree which everyone knows about. Recruiters outside India, are least bothered about the fact that CA course has pass percentage as low as 10%. Whereas, in any internationally recognised degree there is no skewed distribution in pass percentages.
Remember, MNCs look for people who have global mobility. By doing ACCA you have comprehensive knowledge about the workings of various Finance aspects which are the bread and butter of CA in India.
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But I have never heard about anyone who has done their ACCA from India and worked abroad. Can you please explain me about it's placements.
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