ACCA

ACCA

Chartered Accountancy (CA)
·
3 years

The ACCA (Association of Chartered Certified Accountants) course is a globally recognized program for qualification in accounting and finance that aims to cultivate skilled and ethical professionals. The ACCA syllabus is structured into three levels: Applied Knowledge, Applied Skills, and Strategic Professional. It typically takes 2.5 to 3 years to complete. It comprehensively covers subjects like accounting, auditing, taxation, and financial management, offering a diverse scope globally.

ACCA (Association of Chartered Certified Accountants) is the largest and fastest-growing international accountancy body, with over 428,000 students and members spread throughout over 180 countries worldwide. Thus, students pursuing ACCA gain international mobility along with practical, industry-relevant expertise. The ACCA qualification is awarded by the Association of Chartered Certified Accountants, the global body for professional accountants. 

ACCA  is one of the world’s most respected professional qualifications in accounting and finance. It opens doors to diverse career paths, including auditing, taxation, corporate finance, financial reporting, and consulting, making it an ideal choice for students seeking global opportunities.  It is the ideal study route for students who are looking to pursue a rewarding career in accountancy, management, and finance. The qualification is designed to teach students the accounting knowledge, skills, and professional values that will give them the opportunity to build a successful career across any sector.

What Makes ACCA an Ideal Choice?

  • Global career scope
  • Flexible learning structure
  • Budget-friendly compared to other international qualifications
  • No entrance exam required
  • Can be completed within a few years
  • No group system- passes one paper at a time

Salient Features

There are many accountancy bodies that offer accountancy qualifications around the world. Here is a summary of why you should choose ACCA:

Unrivalled global network

  1. ACCA is the global body for professional accountants with over 162,000 members and 428,000 students in 173 countries.
  2. ACCA has 91 offices and centres globally all offering localised support.
  3. ACCA qualifications are based on international accounting standards making them globally relevant.
  4. ACCA offer local law and tax options making your qualification locally relevant too.
  5. ACCA qualifications are recognised by key regulatory and education authorities around the world and we have joint membership of other international accountancy bodies.
  6. ACCA’s qualifications are benchmarked against education levels around the world. So by choosing ACCA, you choose qualifications that have been independently quality checked.

Respected by employers

  1. Over one hundred years of proven reputation for quality and excellence.
  2. 8,500 approved employers globally
  3. Qualifications developed with employers, giving you the skills and knowledge to be work-ready
  4. A strong focus on ethics means that employers know they are getting ethical accountants.
  5. Quality assured qualifications mean employers can be confident of your ability and knowledge.

Putting you in charge of your studies and career

  1. You can study full-time or part-time around work. You can choose to self-study or study with a tuition provider. You can progress at your own pace and start at the right level for you.
  2. Once you qualify with ACCA, you can gain exemption from parts of other academic qualifications, making it quicker for you to complete them.
  3. Having both financial and management accounting skills means that you can move between roles, industries, and sectors.
  4. ACCA provides you with the core knowledge in all areas of accountancy to ensure you have the complete skillset required of a finance professional, and so that you can choose the right finance role for you in any industry.

Read More- WHY I should choose ACCA

Eligibility

Applied Knowledge Level/ FIA

10+2/ SEE(A-C) ( in five separate subjects including mathematics and English), +2 at GCE/ VCE A level( Grades A-E). Two A Levels and three GCSEs or equivalent in five subjects, including English and mathematics.

Applied Skills Level:

FIA/ACCA Applied Knowledge level papers passed or exempted.

Strategic Professional Level:

ACCA applied knowledge and applied skills level papers passed or exempted

Job Prospects

Upon completion of the ACCA qualification, students can get job opportunities  in a number of fields including: auditing, tax consulting, financial control, management accountancy, business analysis and entrepreneurship in any sector, in any company, worldwide. The professional qualifications allows to work for MNC’s, NGO &INGO, Banking & Financial Institutions, Private entity and Government entity.

If there is a plan to go abroad after completion of ACCA then Big 4 companies like Price Water Coopers (PwC), Ernst & Young (EY), KPMG, Goldman Sachs, J.P Morgan will give employment at an attractive salary package.

Any students willing to stay back in Nepal, can approach for employment in Chaudhary Groups (CG), Agni Groups, United Nations (UN), Khetan Group, Goyal Groups, VSO Nepal, Hellen Keller (HK), Save the Children and more.

Curricular Structure

ACCA Fundamentals Papers

Applied Knowledge Module (Formerly Knowledge)

Introduces students to the core areas of financial and management accounting.

Former CodeCurrent CodePaper Name
F1BTBusiness and Technology
F2MAManagement Accounting
F3FAFinancial Accounting

Applied Skills Module (Formerly Skills)

Builds on existing knowledge and develops strong, broad, and practical finance skills required of a strategic professional accountant.

Former CodeCurrent CodePaper Name
F4LWCorporate and Business Law
F5PMPerformance Management
F6TXTaxation
F7FRFinancial Reporting
F8AAAudit and Assurance
F9FMFinancial Management

ACCA Professionals Papers

Essentials Module

Both papers in this module are compulsory. They equip students with the strategic skills and vision required of a professional accountant.

Former CodeCurrent CodePaper Name
P1 & P3 (merged)SBLStrategic Business Leader
P2SBRStrategic Business Reporting

Options Module

Students must choose any two of the following four papers. These papers offer the opportunity to specialize in areas most relevant to their chosen career path.

Former CodeCurrent CodePaper Name
P4AFMAdvanced Financial Management
P5APMAdvanced Performance Management
P6ATXAdvanced Taxation
P7AAAAdvanced Audit and Assurance