The ACCA is a reputed accounting course recognized globally. The ACCA platform has now enrolled more than 6,00,000 students globally. Also, the platform has more than 2,00,000 active members from above 180 countries. The qualification is one of the largest professions not because of its members but also because of its modules and standards. Interested and aspiring candidates should check the online ACCA course details and duration India to pursue the course.
ACCA Course Eligibility
ACCA aspiring candidates should have the following eligibility criteria to pursue the course.
- Educational Qualification:
The aspiring ACCA candidates should have completed Higher Secondary with at least 65% in Accounts, Mathematics, and English. Also, the candidates should have scored at least 50% in all other subjects.
- If the candidate does not match the above eligibility, then the person can enroll in the Foundation in Accountancy course. This course will open a path for pursuing the ACCA course.
Higher education such as B.Com, M.Com, MBA, or CA can again benefit in pursuing the ACCA course with ease.
ACCA Course Exemption
It is essential to understand the online ACCA course details and duration India to have details about the ACCA exemptions too.
- Candidates who have just passed Higher Secondary do not have any exemptions. These candidates will have to appear for all the 13 exams.
- Candidates who have qualifications of B.Com or M.com will get exemptions from 4 exams. So, these candidates will just have to appear in 9 exams.
- CA IPCC-qualified candidates will have the advantage of appearing in just 8 exams. However, candidates who have CA will have the maximum exemption benefit of 9 exams, thus allowing them to get the ACCA certificate by just passing 4 exams.
ACCA Course Syllabus
The ACCA Course exam was conducted on paper before 2021. Now all the ACCA exams are online, making the exam much more convenient than before. The course is divided into three levels that are Foundation Level, Skill Level, and Professional Level.
Candidates pursuing the ACCA Foundation Level can appear for the exam throughout the year. But for the Skill Level and Professional Level, the exam window is open only in March, June, September, and December.
The topics covered under each level are mentioned here.
ACCA Foundation Level
- Accountant in Business
- Management Accounting
- Financial Accounting
ACCA Skill Level
- Corporate and Business Law
- Performance Management
- Taxation
- Financial Reporting
- Audit and Assurance
- Financial Management
Professional Level
Under this level, there are two stages. Under the Essential stage, all the subjects are mandatory while under the Optional Stage, candidates need to select only 2 subjects.
- Essential
- Strategic Business Reporting
- Strategic Business Leader
- Optional
- Advanced Financial Management
- Advanced Performance Management
- Advanced Taxation
- Advanced Audit and Assurance
Apart from completing the above module, the candidates also will have to complete practical work experience under the Ethics and Professional Skills Module.
ACCA Course Fee Structure
One of the essential elements that one should know while researching for online ACCA course details and duration India is the course fee structure.
The candidates applying for the ACCA course first need to get the registration for which they will have to pay an initial registration fee. The initial registration fee should be somewhere around Rs. 7625.
Apart from the registration, the candidates should get an ACCA subscription that will cost between Rs. 10,000 to Rs. 11,000. It is necessary to renew this subscription every year, otherwise the candidate will have to reregister in the program with a much higher fee.
Next, the candidate will have to pay Level-wise examination fees.
ACCA Foundation Level Exam – Rs. 8243
ACCA Skill Level Exam – Rs. 10,734
ACCA Professional Level Exam – Rs. 13,054
ACCA Scope in India
The scope of ACCA in India is drastically increasing with time. Candidates are pursuing the ACCA course to get hired by top companies like KPMG, Grant Thornton, and others. Some of the profiles in which these candidates work are:
- Accounting Advisory
- Statutory Advisory
- Forensic Auditing
- Risk Advisory
- Internal Audit
- Valuation and many more
The ACCA salary in India is almost similar to that of a CA salary. According to Glassdoor, the average salary package of an ACCA should start from Rs. 4 lacs – Rs. 15 lacs per annum. But an average starting salary is Rs. 5 lacs to Rs. 8 lacs per annum depending upon the company profile and the candidate’s skills.
Conclusion
The ACCA qualification has got its recognition also in India where many students now are looking forward to it. In India, ACCA is considered almost similar to the CA course. The ACCA professionals are highly in demand and are recruited in some of the top-notch companies like Deloitte, BDO, and PwC.
Pursuing the ACCA course from a reputed coach is necessary for great results. Zell Education has a partnership with the ACCA board to offer not just the best training but also job assistance to aspiring candidates.