Why You Should Pursue ACCA In 2022?
The Association of Chartered Certified Accountants (ACCA) is a UK-based accounting body that offers a globally recognized accounting qualification. This qualification allows you to work in any country where ACCA has signing authority, or in companies that are based out of the UK and the European Union.
As an ACCA member, you get access to a lot of additional resources, such as an exclusive job portal and networking opportunities with other ACCA professionals, that help you improve your skills and excel in your career. If you are still not convinced and need a bigger push, here are 7 very good reasons why you should consider pursuing ACCA.
Top Reasons to Pursue ACCA
- Global Recognition: The ACCA qualification is recognized worldwide and has a presence in over 170 countries. Top organizations across the world hold ACCA-qualified professionals in high regard and prefer hiring them for senior-level roles within an organization. It has about 208,000 members and 104 offices and centers, spread across 52 countries.
- Various Career Options: Acquiring an ACCA qualification makes you job-ready, allowing you to seek jobs in any part of the world. Since ACCA is a renowned certification in the international accounting circuit, finding a job is easier. Furthermore, it gives you an edge over your contemporaries who do not have an ACCA certificate to their credit. As an ACCA-qualified accountant, you can opt for roles such as that Business Analyst, Financial Planner, and Management Accountant.
- Extensive Knowledge: The course structure of ACCA is designed to cover core accounting concepts that can help you in a professional career. Starting from tax and auditing to corporate and business law, an ACCA qualification equips you with skills related to various accounting elements. Furthermore, the subjects taught in the course are in accordance with the current accounting standards, which enhances your relevance in the finance and accounting industry.
- Practical Experience: One of the major advantages of the ACCA qualification is that it provides you the opportunity to implement acquired knowledge in practice. Students can work with real-world business situations to understand how a particular accounting problem should be addressed and solved. This gives students the upper hand when they enter the actual work setting since they have the prerequisite knowledge and on-the-job training.
- International Standards: In an ACCA course, students are taught critical accounting concepts that are in line with international accounting and auditing standards. This allows ACCA-qualified professionals to acquire skills relevant in the global business sphere.
- A Better Salary Package: The ACCA qualification holds a lot of value in India in the field of accounting and finance. If you are planning to work in accounting firms in the same position as an Indian CA, the ACCA is definitely the right path to take. Even when you get the opportunity to work outside India, you will be able to claim an impressive salary package that is at par with that country’s industry standards.
- Cost-effectiveness: The ACCA qualification is a very economical way to acquire knowledge and expertise. Members develop not only technical knowledge of accounting and finance but also valuable organizational and strategic management skills. The combination of technical and management skills improves the career expectations of members.
The demand for ACCA in India has grown immensely over the last few years. Students are gravitating toward qualifications that will help them expand their horizons and travel the world for professional opportunities. Moreover, since you can start preparing for the ACCA exams right after completing your 12th grade, it is possible to get started with your career in accounting and finance very early in your life.
If you are interested in pursuing ACCA, it is important to get the right guidance before taking any decision. If you’ve made the decision to become a global CA and are contemplating your next move, we can help you take a step forward.
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