What's life after acca ? I hear companies prefer ca over acca is this true ? Im thinking of pursuing acca what are my options ?
Hello Akilesh,
Career opportunities for ACCA in India
Above discussed profiles will be offered in India to a successfully passed candidate. However you wont have signing authority. you cant sign audit reports or cant practice audit with your own firm. But you can audit in UK. In India however you can work with auditing team in Big 4, but the fellow signing the report must be the member of ICAI.
Job opportunities and salary for ACCA in India
With an increase in awareness about the ACCA exam and the expertise one gains from the qualification, the demand in the industry has increased exponentially. In coming years India will become one of the biggest global markets due to its rapid growth. Since GST will make our tax method so easy, the international companies coming to India will have higher demands of professional accountant and finance experts.
ACCA salary in India is equivalent to a CA. The average salary of ACCA in India is Rs.8 LPA. Generally, the salary in India ranges from Rs.4 to Rs.14 LPA. It may also be higher depending on other skills and company’s demand.
Companies hiring ACCA in India
The big 4 companies – Deloitte, PwC, KPMG, E&Y, multinational companies like Pepsico, Tata group, Embassy Group, Grant Thornton, mid-sized audit firms, etc hire ACCA India. The list also includes HSBC, Shalimar paints, Accenture, etc. So there are a lot of jobs available for an ACCA student in Indian market.
At present, there are 188,000 members and 480,000 students across 178 countries associated with ACCA body. With an increase in the popularity of qualification over the year.Hence, ACCA India has great opportunities in India as well as across the globe.