ACCA Full Form

ACCA full form is the Association of Chartered Certified Accountants and is a global organisation accrediting chartered accountant certification. It is headquartered in London with an administrative office nestled in Glasgow. Currently, the organisation operates in 51 countries with around 240,952 members worldwide. It was formed with the prime objective of imparting quality education and supporting professionals paving the way to the accountancy field.

What is the Full Form of ACCA?

The full form of ACCA is the Association of Chartered Certified Accountants. It is a top authority helping accountancy aspirants to gain professional expertise by offering them certification at the end of the course. ACCA aims to foster the significance of accountancy in society through research and innovation. 

Over the years, they have taken progressive steps towards enhancing the reputation and popularity of accountancy as a profession. They collaborate with government, employers, and regulators to develop the accountancy profession, especially in countries with weakening economic conditions. Students enrolling in their courses can get a wide array of career scopes in the post of forensic accountants, accountants, auditors, compliance officers and many more.

Highlights on ACCA Course

Overview on ACCA Course

The Association of Chartered  Certified Accountants has internationally recognised accountancy courses pursued by around 600,000 students across 180 nations. This certification owes value and is considered a highly sought-after certification helping candidates build a robust career in the financial sector.

Students can enrol for 13 varied certified courses which are categorised into three distinct levels: Knowledge, Skills and Professional. According to rules formulated by ACCA, students need to qualify for 13 examinations followed by 3 years of pertinent accounting experience and finally completing ethnic modules. The exam is conducted both online and offline; the exam is generally held in March, June, September and December.

Who is Eligible to Apply for ACCA Course?

ACCA course, the full form of which is the Association of Chartered Certified Accountants, can be pursued by students portraying interest and passion in subjects related to accountancy, taxation and other commerce subjects. It's a flexible program allowing students great scope to enhance their knowledge base and prepare themselves for future scopes.

Before you enrol on the course, check out the eligibility criteria below.

• The age of the aspirants must be 18 years or above.
• Completion of 10+2 in the commerce stream is a mandatory parameter for admission.
• Students should have secured at least 65% in 10+2.
• Students need to qualify for entrance exams like CUET, CET or UGAT.

Application Procedure to Enrol in ACCA Course

Students aspiring to secure admission in ACCA courses to pave the path to acquiring high-level accounting skills can resort to a two-way admission process that includes entrance-based and merit-based.

Entrance-Based Admission Process

Following steps need to be mustered when applying for entrance-based admission in the ACCA course.

1. Go to your preferred college's website and find the application form.
2. Complete the form by entering the correct details.
3. Upload the necessary documents like 10+2 mark sheet tc
4. Pay the application fees.
5. Register for entrance as per the schedule fixed by the applied college.
6. After the merit list publication, selected candidates need to appear for a personal interview followed by document verification.

Merit-Based Admission Process

Colleges like Apeejay Stya University offer merit-based admission for ACCA courses, check the steps below.

1. Browse the official website of the university, and check if they accept offline or online forms.
2. Based on the guidelines, fill out the form.
3. Upload the relevant documents and pay the fees.
4. Shortlisted candidates can be called for group discussion rounds and interviews.

Subjects Covered in ACCA Course 

Find the subjects included in the course duration from the table below.

How is ACCA Different from CA?

Commerce students willing to take up professional courses often face a common dilemma when choosing between CA and ACCA courses. To help you make the right decision, below are some of the differentiating points between these two popular courses.

Career Scope after ACCA Course

ACCA being a universally acclaimed course, can open a wider array of career avenues with handsome salary packages. Explore some of the popular job profiles that one can secure after ACCA.

Account Manager

Account managers possess excellent customer management skills. They create and implement strategies to collect, review and analyse financial data. These personnel work in collaboration with sales representatives in facilitating the preparation of accounting reports. Account managers can earn a salary package of INR 5.5 LPA.

Business Analyst

It is a challenging and opportunistic role pursued by many ACCA aspirants. As a business analyst, you need to conduct an analysis of business processes, systems and operations to strategize solutions for managing the budget while making any business decision. On average, these personnel can bag a salary package of INR 3.5 LPA.

Auditor

Auditors mainly review and interpret financial data to ensure operations are conducted effectively. They also evaluate receipts, records and prepare financial reports for a business organisation. Their annual salary ranges up to INR 3 LPA.