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Recognition Of ACCA

ACCA is Association of Chartered Certified Accountant, world’s most forward-thinking professional accountancy body based in the UK with 100+ years of experience. It is a globally accepted qualification for successful careers in every sector you can imagine, ranging from finance, accounting, banking, consulting, business management, audit, and accounts.

Now let us see WHY it is one of the favored courses all over the world:

  1. Recognition:

ACCA Course enjoys global recognition with the employers across the industry globally with more than 208,000 fully qualified members and 503,000 students in 181 countries. ACCAs are among the world’s best-qualified accountants who are highly sought-after in every sector by big four accounting & auditing firms, viz. KPMG, E&Y, Deloitte, PWC and multinational companies like Citicorp, JP Morgan, Microsoft, HSBC, Siemens, Nestle, Accenture amongst others. The Corporate sector knows and trusts the ACCA designation, expecting a high global standard from ACCA professionals. ACCA has audit recognition in the UK since the 1930s and their partnerships allow ACCA members to work internationally, complying with regulation worldwide. This makes their services valuable to the businesses in which they work.

  1. Partnerships:

ACCA is actively connecting with businesses large and small, governments, educational establishments, and opinion formers. ACCA currently works with more than 7,400 Approved Employers and has more than 80 accountancy partnerships with accountancy bodies, universities and international donor communities worldwide. ACCA connects members with thousands of vacancies through the ACCA Careers job board and stays on top of emerging trends, legislation, and legal requirements, helping to shape them. Because of all this, ACCA is able to create the innovative, strategic-thinking accountants our fast-changing world needs.

  1. Reputation:

ACCA is leading the way in the accountancy profession, their expertise and opinion being widely sought by governments, professional bodies, academic institutions, employers and the media, worldwide. ACCA qualifications are the gold standard in accountancy and have been officially benchmarked to Master’s level. This means ACCA members can benefit from academic credit, for further studies. In 1974, ACCA received their UK Royal Charter, recognizing the excellent quality of the core qualification.

Well, if you are in India and thinking about its recognition here, the industry trend in recent years reveals that ACCA has gained tremendous recognition among Indian employers and students. The ACCA qualification doesn’t limit you to one sector. You can navigate your professional life in any direction you aspire. As an ACCA member, you will open doors to opportunities of working across sectors, be it the public sector, banking, financial services, or the corporate sector, or an independent consulting practice giving you access to a broad spectrum of interesting roles. An ACCA can work across fields as a Management Accountant, Finance Manager, Financial or Business Analyst, Financial Consultant, Management Consultant, Financial Planner, etc. Many MNC’s in India are also recruiting ACCA qualified professionals in International Taxation and MIS due to the financial reporting requirements of the parent company for e.g. reporting under IFRS.

Every year, over 45 lakh B. Com students look for a job in India. A professional course like ACCA simultaneously with your B. Com gives you a professional edge to head start your career. The Corporate sector knows and trusts the ACCA designation. ACCA is actively connecting with businesses large and small, governments, educational establishments, and opinion formers. ACCA currently works with more than 7,400 Approved Employers and 80 accountancy partnerships worldwide. ACCA has a dedicated job portal to help you find internships and job placements. The start salary of ACCA qualified professionals in India is at par with any other similar professional and is in the range of INR 4-6 lakhs p.a. Hence you get an excellent head start in Corporate sector at an early age of 20 years

In the end, ACCA qualification is global and is equivalent to CA (ICAI) in India. The ACCA can take up interesting roles across varied sectors and fields in the public sector, financial services, or the corporate sector, or independent practice. An ACCA working in audit firms in India (including the Big 4) can work as part of the audit team. However, the partner signing the audit report must be a member of the ICAI. Apart from excellent career prospects in India, if one aspires to work in other countries like Singapore, Dubai, etc. ACCA is a prudent choice. Hence ACCA is a globally accepted qualification for successful careers in finance, accounting, banking, consulting and business management.

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