6 Best Places You Could Work With an ACCA Degree (2024)

FAQs

Where can I work with ACCA? ›

ACCA qualified individuals get easily placed at Big 4 companies like EY, PwC, Deloitte, and KPMG. MNCs including Tata Grant Thornton, Embassy Group, and Pepsico as well recruit ACCA India professionals. Apart from that, Accenture, HSBC, and Shalimar Paints also do look for accountants having ACCA certification.

Yes! ACCA is recognized in the United States. It is true that an ACCA-qualified accounting professional is not permitted to work as a public accountant in any of the states of the USA. However, as an ACCA-certified professional, you can still work in other domains under other companies, such as financial consulting.

ACCA job roles include Finance Director, Business Analyst, Chief Accountant and Commercial Finance Manager. You could work across a number of different locations, including Canada, Trinidad and Tobago, Brazil and the United States.

Which ACCA job is highest paid in India? Ans. The top ACCA jobs in India are as follows: Director Internal Audit – INR 50 LPA.

Unfortunately, ACCA is not as well recognised in the United States. They have their own national certification required to practice public accounting, such as the US CPA and CMA or a specialty qualification, such as ABFA.

How much does an ACCA earn in USA? ›

Acca - pays an average salary of $388,613 and salaries range from a low of $343,250 to a high of $441,306.

On-demand exams can be taken at any time of the year to allow for flexibility in your studies. Your results are displayed immediately at the end of the exam and uploaded to your account within 72 hours.

As such, from the below table, it can be inferred that F1 (Accountant in Business) is the easiest paper, with the highest pass rate of 85% in June 2019, while P7 (Advanced Audit and Assurance) is the most challenging paper, with the lowest pass rate of 30% in March 2019.

ACCA is an international degree and is valid across the globe. CPA, on the other hand, stands for Certified Management Accountants. CPA works for the Regulator of a business, whereas ACCA is the Advance module of Finance. The work experience required for ACCA is 1-2 years, whereas CPA requires 3 years.

While ZipRecruiter is seeing annual salaries as high as $77,000 and as low as $29,500, the majority of Acca Qualified Accountant salaries currently range between $41,500 (25th percentile) to $58,000 (75th percentile) with top earners (90th percentile) making $70,000 annually across the United States.

If you are a member in good standing of ACCA, U.K. you may qualify for admission to membership in CPA Ontario under the Mutual Recognition Agreement (the “MRA”) between CGA Canada and ACCA, U.K. If you are admitted to CGA Ontario, you will be automatically admitted to CPA Ontario as a result of the unification of the ...

In Fact, An ACCA Qualification is even considered to be equivalent to a master's degree in some countries like UK! However, ACCA is more than just another degree. In addition to being a professional degree, It opens up multiple career prospects through the world.

The ACCA Qualification is broadly equivalent to degree standard when you take the first nine papers (the Fundamentals level). When you take the Professionals level, it is equivalent to a masters degree.

How much does an Acca Trainee make? As of Jun 4, 2023, the average annual pay for an Acca Trainee in the United States is $64,504 a year. Just in case you need a simple salary calculator, that works out to be approximately $31.01 an hour. This is the equivalent of $1,240/week or $5,375/month.

Achieving fellowship

You will receive a letter and a certificate to welcome you to your newly-awarded FCCA status. The FCCA (Fellow Chartered and Certified Accountant) status shows employers that you have extensive experience and have made a long-term commitment to professionalism and ethics.

What is the benefit of having ACCA? ›

ACCA also has connections to more than 7,400 Approved Employers and 80 accountancy partnerships worldwide, ensuring your prospects as an ACCA member. You can use this connection to find work opportunities and liaise with industry leaders. ACCA is a trusted brand among employers with a pristine, global reputation.

An ACCA certification gives you global exposure, recognition and opportunities to excel in your chosen field. With this certification, it is easier to climb your career ladder from just about anywhere. Besides a promising career, ACCA certification provides a lifetime of experience, knowledge, networking and support.

By India Today Web Desk: Chartered Accountancy course is a hard nut to crack, people who complete this course are usually in the north of their twenties, but the story of Ramkumar Raman is entirely different. This 18-year-old Indian from The Indian High School Dubai is the youngest CA in the world.

Many students have a false notion that ACCA exams have complicated syllabi, which are very vast thus making it difficult for students to clear the exam. This cannot be further from the truth. ACCA is comparatively much easier and more flexible when you compare it with other professional courses such as CA or CFA.

1) Financial Controller

Job Description: A company's controller is the chief accounting officer and heads the accounting department. The controller is responsible for the company's financial statements, general ledger, payroll, accounts payable, accounts receivable, budgeting and tax compliance.

Since the CA programme focuses on the Indian tax and financial system, companies here in India usually look for a CA more than for an ACCA. So, the initial salary offered to Chartered Accountants is usually higher than that of ACCA.

To become an ACCA member, you must pass a series of exams, meet work experience requirements, and adhere to ethical standards. ACCAs are recognized globally and are highly valued by employers. In terms of salary, ACCAs typically earn slightly less than CPAs.

Global Recognition

ACCA is recognized worldwide as a prestigious qualification that helps an ACCA student to move around the globe to pursue ACCA, sit the exams and also make way for ACCA members to work in any part of the world.

Is us CPA easier than ACCA? ›

First, the US CPA has fewer sections (4 exam sections vs 13 papers for the ACCA Qualification), but they are all hard. In fact, the US CPA pass rate hovers around 45-55%. Likewise, the ACCA estimates their mean pass rate is about 55%. However, CPA candidates can benefit from studying with a review course.

You could therefore complete all of the exams in two years. However, as you also need three years practical experience before you can become an ACCA member and be considered a qualified accountant, the qualification takes a minimum of three years to complete.

While the ACCA designation does not have statutory recognition for the practice of public accounting in Canada, many members work in industry, commerce, public practice, academia, government and other sectors. Members will need to demonstrate their skills and training to Canadian employers and recruiters.

The ACA and ACCA are both prestigious accounting qualifications offering advanced learning and professional development programmes which provide an in-depth understanding across financial accounting, advanced financial management, public taxation, auditing, financial reporting, and strategic management.

The exam passes for Foundations in Accountancy, and the Applied Knowledge and Skills level from the ACCA Qualification will never expire.

If you recently failed an ACCA exam, you're definitely not alone. The ACCA is notoriously difficult to pass, with pass rates for some papers hovering around 30%.

Applied Skills ACCA exam order

For most students, Audit Assurance is generally considered to be the toughest paper, especially at this level. For the Applied Skills exams, along with Performance Management, this is the subject that I get the most queries about. (You'll find plenty of videos on these on my channel.

passing your RAP within 10 years of the earliest of: the date of your first ACCA examination pass, or the date of your first ACCA exemption being granted. (or) (2) passing 3 ACCA (Applied Skills or Strategic Professional) examinations in the 5 year period before submitting and passing your RAP. (or)

ACCA FIA is the fastest and most efficient pathway to achieve a world-class ACCA Qualification that is recognised around the globe, designed for SPM graduates.

ACCA Approved Employers are formally recognised partners of ACCA. They provide a working environment that is designed to support ACCA members and/or trainees. This directory lists active approvals categorised by: globally Approved Employers - relevant to all offices in all locations.

Is ACCA in demand? ›

ACCA career prospects in India are excellent as India is a growing economy with significant demand for financial services. According to a report by ACCA, India's finance and accounting sector is expected to grow at a CAGR of 7.9% between 2020 and 2025, creating considerable demand for skilled professionals.

Our global network can help you work anywhere in the world and connect with members across a broad range of industries.

If you are trying to make a well informed decision on which career path to choose, whether that be becoming an accounting professional or chartered accountant, or merely want to broaden your employment opportunities to accounting firms across the globe, enrolling in an ACCA course will always be of benefit to you.

The ACCA Qualification is broadly equivalent to degree standard when you take the first nine papers (the Fundamentals level). When you take the Professionals level, it is equivalent to a masters degree.

ACCA is the Association of Chartered Certified Accountants.

Since we were founded in 1904, we've been proud to lead the profession and thanks to us, hundreds of thousands of people have rewarding careers in accountancy. We support 241,000 members and 542,000 future members throughout their careers.

Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA).

The ACCA Qualification is the world leading accountancy qualification for aspiring financial professionals - providing students with the skills, knowledge and values to have successful careers and lead the organisations they work with into the future.

Avg. Base Salary (USD)

Acca - pays an average salary of $388,613 and salaries range from a low of $343,250 to a high of $441,306.

The average ACCA salary in India is INR 8 LPA. The ACCA salary is quite similar to the salary of a Chartered Accountant (CA) professional.

Employees who graduate from Acca earn an average of ₹26lakhs, mostly ranging from ₹21lakhs per year to ₹50lakhs per year based on 88 profiles. The top 10% of employees earn more than ₹46lakhs per year.

Is ACCA good enough? ›

As a global qualification, the ACCA is recognised by employers across the world. If you are looking to take your accounting and finance career to the next level, taking professional exams is the best next step.

Where is ACCA recognised? We have a worldwide reputation for excellence and our rigorous qualifications are respected across the globe. We work with over 7,300 Approved Employers and over 80 global accountancy partners to help ensure our brand is recognised by employers.

ACCA is an international degree and is valid across the globe. CPA, on the other hand, stands for Certified Management Accountants. CPA works for the Regulator of a business, whereas ACCA is the Advance module of Finance. The work experience required for ACCA is 1-2 years, whereas CPA requires 3 years.