which is better as career option CA or ACCA
Hey Tanpreet, Association of Chartered Certified Accountants or ACCA is an international professional accounting body with over 200,000 members. Recognized in over 186 countries, it has provided training to more than 400,000 students. With an increasing demand for ACCA qualifications in the international job market, more than 7000 employers worldwide, including 90% of Fortune 500 companies, employ ACCA qualified individuals.
Let’s take a look at some of the benefits of ACCA:
- ACCA includes papers on UK GAAP, Laws & IFRS. Multinational companies or organizations with overseas clients such as the Big 4 firms look for talent with this knowledge
- ACCA is recognized by countries like Australia, Canada, UK and degree holders can apply for jobs in these countries
CA stands for Chartered Accountancy, one of the most sought and rewarding career options among the commerce students. Chartered Accountants are the only authorized professionals who can audit the Financial Statements of an organization in India and with the passage of time, the demand of CA is rapidly increasing.
They are treated as an expert in various domains starting from accounting, auditing to finance, taxation, corporate laws, etc. The career options after becoming a Chartered Accountant are countless. They can join an Audit firm, or Local or Multinational Company as an Internal Auditor, or can join some foreign or local banks to guide them in their financial and legal matters or start your own practice.
But becoming a CA is not easy, this has been regarded as the toughest course in India. One can pursue a CA course anytime after qualifying 12th. There is no age limit to become a chartered accountant neither ICAI restricts students with any number of attempts to give this exam.
Even after being an Indian recognized course, the best part of Chartered Accountancy is that it does not pertain to any reservation system neither during the study period nor at the time of placement.
Currently, 2.8 Lakh members are working as a Chartered Accountant in our country.
So both are equal values but ca has little bit more career option.
I hope this will helps to you and thank you !!!
