ACCA Course in India: The ACCA Course is offered globally by the Association of Chartered Certified Accountants of the UK, a global body for professional accountants. ACCA focus on furnishing business-relevant, first-choice qualifications to people of application, ability, and ambition globally who seek a rewarding career in accountancy, finance, and management.
ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity, and accountability.
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ACCA Course in India: Overview
ACCA papers contain two levels; Fundamentals and Strategic Professional. The Fundamentals level contains two modules; Applied Knowledge and Applied Skills. The Strategic Professional level contains two modules; Essentials and Options. There is a total of 13 ACCA subjects in India.
List of ACCA Subjects
- Fundamentals
- Applied Knowledge –
- Business & Technology
- Management Accounting
- Financial Accounting
- Applied Skills –
- Corporate and Business Law
- Performance Management
- Taxation
- Financial Reporting
- Audit & Assurance
- Financial Management
- Strategic Professional
A. Essentials –
- Strategic Business Reporting
- Strategic Business Leader
B. Options (Choose any 2) –
- Advanced Financial Management
- Advanced Performance Management
- Advanced Taxation
- Advanced Audit & Assurance
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ACCA Jobs in India
Undoubtedly the ACCA qualification has attained wider recognition among Indian companies over the last few years and is considered to be on par with the Indian CA qualification because of homogeneous skills, knowledge, and employability. Awareness about ACCA course in India has risen as a result of which the number of ACCA jobs in India has risen rapidly. An ACCA qualified person is greatly in demand at Big 4 audit firms, international banks, IT companies, KPOs, and many Indian companies because all of them require a CA.
As a result of IFRS convergence in India, the demand for people with IFRS knowledge has increased multifold in the year 2018. This demand has eventually increased the number of ACCA jobs in India.
ACCA Salary
The number of qualified CAs passing each year in India is very low because of which the requirement for ACCAs is increasing. Starting salary for an ACCA affiliate in India varies from 5 Lakhs to 6 Lakhs per annum even though work experience is zero. Once you become an ACCA member the salary rises over 7 Lakhs annually. The ACCA salary in India has become on par with CA’s salary in several roles because of the parallelism of skill sets in both qualifications.
How often are exams conducted?
There are two types of exams. The first 4 papers are On-demand exams and you can write them anytime at one of the valid CBE centers. Please note that GFTI has 4 CBE centers in India; Bangalore, Cochin, Chennai, and Coimbatore.
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The upcoming 5 papers are online-based and conducted once a quarter (In March, June, September, and December). You will have to register at least 6 weeks before the exam date to write the exam at a valid testing center.
The last 4 papers are paper-based and are conducted at a designated center, once a quarter.