ACCA

Association of Chartered Certified Accountants (ACCA)

The Association of Chartered Certified Accountants, established in 1904, is the international professional accounting organization that grants the Chartered Certified Accountant designation. Globally, the body imbibes 240,952 members and seeks to incorporate 541,930 potential members. It is the largest and most rapidly expanding accounting organization in the world. The ACCA professional qualification, which covers all accounting disciplines, can serve as a launching pad for a successful career in a variety of accountancy and finance fields.

Zeba Salim

ACCA

ACCA program at Logic School of Management prepared me well for the challenges of the profession, and I feel confident in my abilities to excel as an accountant. I highly recommend Logic School of Management to anyone looking for quality education and personalized attention to achieve their professional goals.”

ACCA in India

The Big 4 and MNCs are the major recruiters of ACCA-qualified professionals. As ACCA qualifications have grown in popularity, Indian employers are eager to hire them. PWC, EY, Deloitte, KPMG, TATA Consultancy, Embassy Group, Grant Thornton, etc. are the prime employers of ACCA candidates in India. ACCA’s extensive coverage of IFRS in its curriculum will undoubtedly benefit its members.

Association of Chartered Certified Accountants (ACCA)

The Association of Chartered Certified Accountants, established in 1904, is the international professional accounting organization that grants the Chartered Certified Accountant designation. Globally, the body imbibes 240,952 members and seeks to incorporate 541,930 potential members. It is the largest and most rapidly expanding accounting organization in the world. The ACCA professional qualification, which covers all accounting disciplines, can serve as a launching pad for a successful career in a variety of accountancy and finance fields.

ACCA in India

The Big 4 and MNCs are the major recruiters of ACCA-qualified professionals. As ACCA qualifications have grown in popularity, Indian employers are eager to hire them. PWC, EY, Deloitte, KPMG, TATA Consultancy, Embassy Group, Grant Thornton, etc. are the prime employers of ACCA candidates in India. ACCA’s extensive coverage of IFRS in its curriculum will undoubtedly benefit its members.

Why ACCA?

An ACCA candidate is able to secure jobs in almost 180+ markets and is recognized by 80+ international bodies. Further, an ACCA qualified individual is able to build a fulfilling career by taking up senior strategic roles. The course offers the most updated curriculum with industry-relevant knowledge, skills and professional values. Additionally, you get to be a part of a strong alumni network of ACCAs across the globe. Along with your ACCA membership, you can earn degrees from Oxford Brookes University & University of London.

  • Eligibility
  • Job Opportunities
  • ACCA Course Structure

The minimum entry requirement for entering the ACCA qualification is 12th grade (65% marks in English and Accountancy/Mathematics and over 50% on the others) and with graduation you can get exemptions accordingly. Students who have just cleared their class 10 examinations, or do not qualify as per the above-mentioned criteria, can still register for the ACCA qualification via Foundation in Accountancy (FIA) route. It is to be noted that even candidates who are pursuing the Indian CA (Inter / Final) can qualify for further exemptions if they have received 40 or more marks in the relevant subjects even without clearing the entire examination.

The ACCA qualification offers multiple choices at a wide range of organizations. The holistic approach in its curriculum trains you to take up diverse roles; further enabling you to perform strategic tasks and fulfil roles like that of a CFO or a CEO. An ACCA can also be employed as a governance officer, a business advisor, an auditor, a business analyst etc.

To qualify as an ACCA member, a candidate will be required to do the following:
Attempt and clear 13 exams, earning you the status of an ACCA affiliate; record 3-year experience in a relevant role (the candidate can acquire the experience before/during/after completion of the qualification); and complete the ethics and professional skills module.
The 13 subjects and exams of ACCA are divided into three levels:

  • PART I
  • PART II
  • PART III

Applied Knowledge Level

The papers are,
⁂ Business and Technology (BT)
⁂ Management Accounting (MA)
⁂ Financial Accounting (FA)

Students are awarded the ACCA Diploma in Accounting and Business when they have successfully completed the three exams (at least one of which must have been attempted and cleared), in addition to the completion of Foundations in Professionalism module.

Applied Skill Level

The papers are,
⁂ Corporate and Business Law (LW)
⁂ Performance Management (PM)
⁂ Taxation (TX)
⁂ Financial Reporting (FR)
⁂ Audit and Assurance (AA)
⁂ Financial Management (FM)

Students are awarded the Advanced Diploma in Accounting and Business when they have successfully completed (either passed or exempt) the Applied Skills exams. (At least two of these papers must have been attempted and cleared.) and completed the Ethics and Professional Skills Module.

Strategic Professional Level

Students need to attempt 2 essential papers and 2 optional papers out of 4.
Essentials: Strategic Business Leader (SBL) and Strategic Business Reporting (SBR)
Options: (Any 2)
⁂ Advanced Financial Management (AFM)
⁂ Advanced Performance Management (APM)
⁂ Advanced Taxation (ATX)
⁂ Advanced Audit and Assurance (AAA)

Students are awarded a Strategic Professional Certificate when they have successfully completed all the Strategic Professional exams of the ACCA Qualification.
On completion of these 3 levels, you’ll be awarded an ACCA affiliate recognition.

Ethics and Professional Skills Module

Students are required to complete 20 hours of Ethics and Professional Skills Module which develops in students the complete range of skills that are demanded by the employers.

Exams & Pass Percentage

ACCA opts for a flexible study approach & has two types of computer-based exams.

  • On-demand CBEs: BT, MA, FA and LW: These exams can be taken at any time of the year. Papers are 100 marks worth of objective-type questions with a pass mark of 50%. (2 Hour Exams)
  • Session CBEs: PM, TX, FR, AA, FM, SBL, SBR, AFM, APM, AAA, ATX: These exams are held in four sessions: March, June, September & December. The exam duration extends to 3 hours (4 hours for SBL). Papers are 100 marks worth with a pass mark of 50%.

ACCA @ LSM

Students are prepared to stand out with recruiters and be truly credible in the industry by being exposed to a full range of advanced ethical and professional abilities as well as real-world business circumstances. Logic School of Management serves as the pioneer in conducting professional courses specialized in business management, accounting and auditing streams. Our renowned and highly experienced faculties have enabled thousands of students to shape up their career for the last two decades. Additionally, access to several reference materials, books and questions banks are the immense advantage of being a student of Logic School of Management. Moreover, our class coordinators at Logic have been exceptional in providing all sorts of academic support, formulating one-to-one mentoring sessions, revision schemes and mock exams among the many to duly help a student.

Frequently asked questions

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