The expansion and success of a business hinge on a multitude of elements, including the quality of its product, the dynamics of the market it operates, and its financial stability. To foster business growth and expansion, financial transparency and legitimacy are essential. This fosters a positive business environment and instills confidence in investors, making the business more attractive for both domestic and international investment. Furthermore, leaders of the business can make better management decisions. 

To achieve long-term value, transparency, and financial accountability, the company requires dedicated accounting professionals. Here is where ACCA-certified accounting professionals come into play

What is ACCA? Who is an ACCA-certified accounting professional?

First, let's expand ACCA. ACCA stands for Association of Chartered Certified Accountants. It is a global professional accounting body offering the Chartered Certified Accountant qualification. Individuals who are qualified for this certification can call themselves an ACCA-certified chartered accountant. ACCA stands as the world’s largest and oldest accounting association, established in the UK in 1904, it opens doors to individuals who want to pursue accounting. It represents the premier and swiftest path to mastering the vital fields of financial and management accounting.

This certification equips individuals with the skills, knowledge, and values to have successful careers in accounting, finance, and management. An added bonus: as an ACCA-certified Chartered Accountant, you can pursue this career anywhere in the world.

What are the benefits of pursuing the ACCA course?

Now that you have seen what ACCA means and what an ACCA professional does, you might be wondering what you could gain from pursuing this avenue and becoming an ACCA-certified professional accountant. Let's dive in.

Global Recognition

You become a member of the prestigious Association of Chartered Certified Accountants. The network you get from this is like a treasure trove of opportunities. Furthermore, these members are highly sought after by companies across the globe. 

Comprehensive Skill Set

The qualification covers a broad range of subjects, providing a well-rounded knowledge base. ACCA qualification opens doors to various career opportunities in fields such as auditing, taxation, consulting, and financial management. You are equipped with the latest industry trends, knowledge, and skills relevant to today's world.

Career Advancement

ACCA members often have an easier time advancing in their careers due to their extensive knowledge and skills. They are in high demand by companies and businesses worldwide, which presents them with ample opportunities for rapid growth and development in a positive professional setting.

What are the Career opportunities and Salary Ranges for ACCA professionals?

Easily the next question is: Will I get a job? How much will I get paid? The answer is yes, and you get paid handsomely. ACCA professionals can work in various sectors, including public practice, corporate, financial services, and government. ACCA members are sought after worldwide and can find opportunities in numerous countries. Some of the top regions where ACCA professionals can pursue their careers include:

• United Kingdom
• Middle East
• Asia
• Australia and New Zealand
• Europe

Salary ranges vary depending on the region, experience, and role. On average, ACCA members enjoy competitive salaries. According to various job portals:

Glassdoor

ACCA-certified professionals can expect to earn between $50,000 to $100,000 annually, depending on their experience and location.

LinkedIn

Similar salary ranges are reported, with opportunities for roles in multinational corporations, advisory firms, and the financial sector.

Indeed

Provides salary insights and job opportunities, showing that ACCA members often earn higher than average salaries in finance roles.

PayScale

Offers detailed salary breakdowns, indicating that experienced ACCA professionals can command premium salaries in senior management and specialized financial roles.

Who can pursue the ACCA course? Is ACCA for me?

Now that you know what ACCA professional is and what you get from it. We must understand who can pursue ACCA professional courses. Here is a list of eligible individuals who can pursue the ACCA course

• HSC Students interested in a career in professional accounting
• Graduated students interested in Accounting career opportunities
• Experienced professionals

The minimum eligibility criteria for pursuing ACCA are: 

• Passed 10+2 with a score of 65% in English and Mathematics/Accounts, and a minimum of 50% in other courses.
• Students who have recently passed their 10th standard examination may enroll in the Foundation in Accountancy in the ACCA program.

Bonus Tip: There are exemptions. One significant benefit of pursuing ACCA is the possibility of obtaining exemptions from certain exams based on your previous qualifications. Here’s how it works:

• Eligibility: ACCA grants exemptions for relevant academic or professional qualifications.
• Application: Submit your academic transcripts and certificates during registration for ACCA to assess and grant exemptions.
• Potential Exemptions: You may be exempted from up to 9 out of the 13 exams, primarily at the Foundation Level. Common scenarios include:
  • Relevant Degrees: Degrees in accountancy or finance may earn you exemptions from up to 9 exams, covering both Knowledge and Skills levels.
  • Professional Qualifications: Recognized professional qualifications (e.g., CPA, CA, CIMA) might also qualify you for specific exemptions.

Seek professional guidance if you are wondering whether ACCA is for you. Reach out to us for guidance in ACCA.

How Does the ACCA Exam Structure Look Like?

How Should I Begin? Where Can I Begin and Find Mentors?

To start your ACCA journey, you need to register with ACCA and begin with the foundation exams if you do not have prior accounting knowledge. Here's a step-by-step guide to get you started:

1. Register with ACCA:

Visit the official ACCA website and complete the registration process.

2. Plan your Studies: 

Create a study plan based on your work and personal commitments.

3. Utilize Study Resources:

Use ACCA-approved study materials and resources to prepare for your exams.

4. Take the Exams:

Schedule and sit for your exams at ACCA-approved examination centers.

You can start your ACCA journey by joining ArivuPro Academy.

At ArivuPro, you will receive comprehensive support to help you kickstart your ACCA career. Our experienced team will assist you with:

Registration:

Guidance on how to register with ACCA.

Course Explanation: 

Detailed information about the ACCA course structure, subjects, and exam requirements.

Exemptions:

Information on any exemptions you may be eligible for based on your prior qualifications.

Mentorship: 

Access to mentors who can provide valuable insights and support throughout your ACCA journey.

Resources: 

Access to high-quality study materials, video lectures, and interactive tests to enhance your learning experience.

By joining ArivuPro Academy, you will be part of a supportive community that will guide you through every step of your ACCA qualification process, ensuring you have the resources and mentorship needed to succeed.

Conclusion

Pursuing ACCA can transform your career by providing the knowledge, skills, and global recognition needed to excel in accounting and finance. The ACCA qualification equips you to handle business challenges and opens doors to various career opportunities worldwide.

ArivuPro Academy supports your ACCA journey with experienced faculty, resources, and a strong community. We guide you from registration to exam preparation, helping you make the most of potential exemptions to save time and costs.

Whether you aim to work in public practice, corporate finance, or financial services, ACCA offers the credentials for success. With ACCA, you gain career mobility and growth prospects across the globe.
In conclusion, with dedication and the right support, you can achieve the ACCA qualification and unlock numerous career opportunities. At ArivuPro Academy, we are committed to helping you reach your full potential.