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ACCA after CA

The International Federation of Accountants (IFAC), the global accounting body, recognizes the ACCA as a high-level professional certificate. The ACCA is a flexible course, and students can pursue it after 12th grade, after CA, while graduating, or even after graduation.

The knowledge and skills of ACCA members in accounting and finance are in huge demand worldwide. Being an ACCA member opens up opportunities and serves as a springboard for lifelong learning throughout your career.

The ACCA Qualification ensures its members have all the knowledge and abilities in finance management, business ethics, and taxation. ACCA administers exams four times a year to allow students to pursue their studies and work at other institutions concurrently.

Here’s an overview of ACCA after CA and the reason to pursue it.

About ACCA

The ACCA full form is the Association of Chartered Certified Accountants. It was founded in 1904 and on international accounting and auditing standards. The professional accounting body ACCA offers a “Chartered Certified Accountant” certificate that is acknowledged globally. ACCA is a rapidly growing international accounting profession with offices in 178 countries. The ACCA qualification is a great way to start a career in accounting and finance since it is a globally recognized educational program with updated, industry-related content. Students pursuing ACCA after CA have an added advantage in curriculum and career. This qualification is made even more appealing by its flexible assessment format.

ACCA members must complete the following:

  • The ACCA exams
  • The Ethics and Professional Skills module
  • The practical experience requirement.

Through its network of offices in 178 countries, ACCA supports over 241,000 members and 542,000 future members. ACCA satisfies all of the IFAC International Education Standards requirements and is a founding member of the International Federation of Accountants (IFAC).

  • Aspiring ACCA students while studying can also pursue the following:
  • Business and accounting diploma 
  • Earn an Applied Accounting B.S. (Hons) from Oxford Brookes University. (ending in 2026)
  • Professional Accounting M.Sc. from the University of London.
  • Oxford Brookes Global MBA
  • Certificate in Business Analytics

ACCA course details

An applicant must attempt and pass 13 tests to become an ACCA member. However, based on the applicant’s prior qualifications, ACCA may grant an exception for some exams. Thirty-six months of practical experience in a relevant role must be documented and signed by the Practical Experience Supervisor. Before, during, or after the course, the candidate can gain practical experience. Lastly, the candidate must finish the Professional Skills and Ethics module, which can help professionally. Students accepted into the program are provided with thorough study materials, ACCA mentorship, and support systems to help them succeed in their studies.

Below are the subjects that are covered in the acca course:

Knowledge Level

F1 –Business & Technology (BT)
F2 – Management Accounting (MA)
F3 – Financial Accounting (FA)

Skill Level

F4 – Corporate and Business Law (LW)
F5 – Performance Management (PM)
F6 – Taxation (TX)
F7 – Financial Reporting (FR)
F8 – Audit and Assurance (AA)
F9 – Financial Management (FM)

Professional Level

P1 – Strategic Business Leader (SBL)
P2 – Strategic Business Reporting (SBR)

Any Two out of the following:

P4 – Advanced Financial Management (AFM)
P5 – Advanced Performance Management (APM)
P6 – Advanced Taxation (ATX)
P7 – Advanced Audit and Assurance (AAA)

Duration of ACCA after CA

How quickly you complete your preparations and how effectively you prepare for the tests will determine how long the ACCA course takes. As per your existing qualification, if you are confident that you can pass the exam on your first try, it should take you at most six months and no more than two years to finish the course.

Eligibility 

Your qualifications determine your eligibility for the ACCA course. Let’s start by determining your eligibility in India.

Class 12 Passing: Students who have completed 12th grade can enroll in the ACCA Certification course. A minimum mark of 65% in English and Mathematics / Accounts and over 50% in the others is required.

Passing the BCom or Mcom: Students will not be required to take the ACCA knowledge level exams in business and technology (BT), management accounting (MA), financial accounting (FA), and skill-level exam Corporate and Business Law (LW).

ACCA after Foundation CA

You will not be qualified for ACCA paper exemptions if you have passed your Foundation CA test (CPT) but not your degree. Nevertheless, the exemptions of four papers (BT, MA, FA, LW) apply if you have finished your degree and your Foundation CA exams. 

ACCA after Inter CA

If you have passed the Inter CA exam (IPCC), you will be exempt from the ACCA 5 papers (BT, MA, FA, TX, AA). After passing the IPCC with a B.Com, you can be qualified for six exemptions(LW). With the appropriate amount of preparation, a candidate in such a position might be able to complete their ACCA trip in around a year. 

ACCA after Final CA

If you have completed your CA journey or passed your Final CA test, you may be qualified for exemptions from nine (F1- F9) of the thirteen papers or all of the Knowledge and Skill level exam papers. After claiming these exemptions, you should be able to pass the remaining ACCA tests within a year. 

Admission to ACCA after CA

Those who want to succeed in the accounting and finance industries must first apply to the ACCA (Association of Chartered Certified Accountants) program. Typically, the admissions procedure requires applying, transcripts of pertinent coursework, and documentation of English language ability. Furthermore, there can be an admissions fee that applicants must pay.

Fees

Below is a list of the specific acca course fees in rupees.

ParticularsFees
Initial Registration3159 
Annual Subscription14113 
Knowledge Level11374 per exam
Skill Level14218 per exam
Professional LevelSBLSBRElectives
25,06617,90417,904 per exam
Ethics and Professional Skills Module7899 

Exemption fees to be paid if you are exempted from any exam
Applied knowledge exam – 8847
Applied skills exam – 11690

Jobs, Salaries, scopes 

ACCA Scope

The future holds great potential for ACCA due to the growing trend of globalization. Businesses from all around the world are supplying goods and services. Below are the main areas of application for ACCA:

Among the most respected qualifications, ACCA is accepted in over 180 countries. Most Indian ACCA experts are employed in Singapore, Germany, the UK, and Australia.

ACCA specialists are in high demand from international businesses operating in India. These businesses employ professionals who acquire knowledge of global accounting and US GAAP and IFRS principles. 

An ACCA and a CA have similar job responsibilities. Professionals with ACCA certification can also work in other countries in similar capacities.

Government agencies, academic institutions, and various big and small enterprises collaborate with ACCA. ACCA maintains 80 agreements with accounting associations in addition to its 7300+ certified employers. 

ACCA Jobs profile

The following are the Big 4 companies that are the leading recruiters in India.

  • EY
  • Deloitte
  • KPMG
  • PwC

Few other recruiters are

  • Alter Domus
  • Morgan Stanley
  • Barclays

ACCA-certified graduates can work as 

  • Manager of Fund Accounting and Reporting
  • ASU Audit – Services for Audits
  • Payroll Manager
  • Senior Expert in Direct Taxation

Find out the list of jobs available for ACCA-certified students.

ACCA Salary

The most common question before enrolling in an ACCA course or after passing it is, “How much is the ACCA salary in India?” The requirement for ACCAs is growing due to India’s consistently declining number of trained chartered accountants. Despite having no work experience, an ACCA member’s starting salary in India might range from INR 3 lakh to INR 4.5 lakh annually. The annual wage increases to almost INR 7 Lakh after a person joins ACCA. Because the skill sets required for both credentials are similar, the ACCA and CA salaries in India have moved to the same level for various roles.

Upon passing the ICAI’s Chartered Accountant exam, the decision to take the ACCA exam is solely up to the individual’s professional preferences. ACCA can be a very fruitful choice if you are exploring career options outside of India or appear to be employed by Big 4s and MNCs in India that require familiarity with IFRS and IndAS. It will enable you to grow and turn into a GLOBAL CA—more precisely, an ACCA!

Job OpportunitiesSalary (INR)
Accountant3,50,000
Chartered Accountant9,50,000
Associate Auditor3,70,000
Auditor3,70,000
Finance Manager9,60,000

Conclusion

Professionals looking to advance their knowledge in accounting and finance may consider starting the ACCA journey after earning their CA. This extensive handbook emphasizes the value of the ACCA certificate as a globally recognized qualification that leads to many employment prospects across the globe. With careful planning and commitment, one can effectively negotiate the admissions process and succeed in the ACCA after CA.

Candidates can confidently move closer to reaching their professional goals by making the most of the abundance of tools, study materials, and available support networks. In the end, holding both the CA and ACCA designations gives one a solid foundation and cutting-edge abilities that enable one to succeed in the fast-paced, cutthroat world of finance.

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Picture of Satish Kachhap

Satish Kachhap

I am motivated to help and guide individuals in their career, education and jobs. I created thecareerism as a platform wherein I can express my thought, ideas, experience that can assist an individual in future career planning.
Picture of Satish Kachhap

Satish Kachhap

I am motivated to help and guide individuals in their career, education and jobs. I created thecareerism as a platform wherein I can express my thought, ideas, experience that can assist an individual in future career planning.

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