What is ACCA?
The Association of Chartered Certified Accountants (ACCA) is a globally recognised professional qualification in accounting and finance. Equivalent to a full university degree, it aligns with international standards set by the International Federation of Accountants (IFAC). ACCA is flexible, allowing students to pursue it alongside their graduation. ACCA members are highly sought after worldwide for their expertise. The qualification equips members with the skills needed for diverse roles in various organisations. ACCA conducts exams twice a year, enabling students to balance work, studies, and other commitments.
ACCA Course Duration
The duration to complete the ACCA course varies based on prior education:
Level of Education |
Least possible time to complete ACCA |
Completed 12th |
3 years |
Graduate (B. Com, BBA, BMS) |
2 to 2.5 years |
CA Inter both Groups |
2 years |
B. Com + CA Inter 1 Group |
1 year |
CA Final |
1 year |
After Chartered Accountancy (CA)
Chartered Accountants can further enhance their qualifications by pursuing ACCA, which opens up international opportunities and broadens their career prospects.
After CA Foundation
Students who have completed the CA foundation can start the ACCA program to gain an internationally recognised qualification, enhancing their knowledge and career opportunities.
After CA Inter
After completing CA Inter, students can pursue ACCA to expand their skill set and gain global recognition in the accounting and finance fields.
After CA Final
Chartered Accountants who have completed the CA final can pursue ACCA to further enhance their expertise, gain international opportunities, and improve their career prospects.
ACCA Passing Requirements
To pass ACCA, candidates must complete 13 exams, which are divided into three levels: Knowledge, skills, and professional. Each exam requires a minimum passing score of 50%. Additionally, candidates must complete an ethics and professional skills module and gain three years of relevant work experience.
ACCA Course Fees
Level |
Fee in INR |
Knowledge-professional (13 papers) |
2,60,000 |
Knowledge-skill (9 papers) |
1,70,000 |
Skill-professional (9 papers) |
2,00,000 |
Skills-professional (9+4 papers) (Only applicable to Delhi university students) |
2,30,000 |
Skill-professional (7 papers) |
1,65,000 |
Professional (4 papers) |
1,30,000 |
ACCA Exemptions For CA
Chartered Accountants (CAs) may be eligible for exemptions from certain ACCA exams based on their prior qualifications. For detailed information, visit the CA page.
ACCA vs CA
Criteria |
ACCA |
CA |
Global recognition |
High |
Moderate |
Duration |
2-3 years |
3-4 years |
Focus |
International accounting standards |
National accounting standards |
Flexibility |
High |
Moderate |
5 Reasons Why You Should Do ACCA After CA
- International Opportunities
ACCA provides global recognition and opens up career opportunities in numerous countries, allowing CAs to work internationally. - Skill Set Expansion
Pursuing ACCA after CA helps in acquiring a broader skill set, including knowledge of international accounting standards and practices. - High Compensation
ACCA qualification can lead to higher earning potential and better compensation packages compared to national qualifications alone. - Chance to Work for Top Firms
ACCA is highly valued by top accounting and finance firms worldwide, increasing the chances of working with prestigious companies. - An Accelerated Learning Pathway
Chartered Accountants can complete ACCA in a shorter time due to exemptions, making it an efficient way to gain an additional qualification.
Conclusion
Becoming a Chartered Certified Accountant (ACCA) offers numerous benefits, including global recognition, enhanced career opportunities, and higher earning potential. It complements the Chartered Accountancy (CA) qualification by expanding skills and opening international doors. For financial support during your studies, consider exploring a CA loan to manage your expenses and further your professional growth.
