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Home > News & Articles > ACCA: Full Form, Eligibilty, Course Details, Subjects, Certificate, Jobs, and Salary
Updated on 13th February, 2024 , 11 min read
ACCA Full Form is the Association of Chartered Certified Accountants. Formed in 1904, ACCA is a global accounting body that offers “Certified Chartered Accountant” certification. ACCA course duration varies according to the level of education of the students. The course duration of the ACCA course is 3 years for students who have completed 12th, 2-2.5 years for commerce graduates, 2 years for IPCC groups, and 1 year for BCom and CA graduates.
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As per the ACCA eligibility criteria, the student must be at least 18 years, and should have completed 10+2 with an aggregate score of 65% in mathematics/accounts and English, and a minimum of 50% aggregate in all other subjects. Among others, students pursuing BCom, BBA, BMS, and other commerce or business-related disciplines can also apply for ACCA courses alongside graduation. All colleges and institutes accept and follow the same ACCA eligibility criteria.
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ACCA comprises 13 courses that are further divided into 3 levels, which are Knowledge, Skills, and Professional. All three exams are computer-based (CBE). ACCA admission is based on both entrance as well as merit. Colleges like Apeejay Stya University admit students based on their exam score history. Many universities, like Christ University, have their own ACCA entrance exams.
The ACCA course fees for top universities range from INR 28,000 to INR 2,60,000. Apart from this, students also have the option to combine the ACCA syllabus with BBA or BCom, which makes it a popular choice among commerce students. ACCA careers include Accountants, Auditors, Finance managers, Business Analyst, Taxation Expert, etc. The ACCA average salary ranges between INR 3.5- 4 LPA. Go through the complete article to learn more about ACCA course details, exams, admission, syllabus, subjects, jobs, career, salary, and more.
Given below are the important details of the ACCA course program:
ACCA Full Form | Association of Certified Chartered Accountants |
Course Level | Professional |
ACCA Course Duration | 1-7 years |
ACCA Course Fees | INR 28,000 to INR 2,60,000 |
ACCA Exams | 13 exams |
ACCA Eligibility Criteria | 10+2 with a minimum 65% aggregate in Math's/Accounts and English, and 50% in other subjects |
ACCA Admission | Merit and Entrance exam followed by interview round |
ACCA Entrance Exam | |
Top ACCA Colleges | Christ University, Symbiosis College of Arts and Commerce, Global Centre for Entrepreneurship and Commerce |
ACCA Career Prospects | Accountants, Auditors, Finance managers, Business Analysts, Taxation Expert |
ACCA Average Salary | INR 3.5 to 4 LPA |
Top ACCA Recruiters | PwC, EY, Deloitte, KPMG, Grant Thornton |
Read More: Bachelor of Accounting and Finance (BAF)
The eligibility criteria for the ACCA course are as follows:
Generally, ACCA does not require entrance exams. However, there are some colleges that conduct entrance exams to grant ACCA admissions. Here is a list of the entrance exams for ACCA course admissions:
ACCA exam | Conducting Body | Exam Mode |
Online | ||
Online | ||
Offline | ||
Online |
There are two modes for admission into the ACCA Course, which are as follows:
Given below is the step-by-step admission process followed by colleges like Apeejay Stya University, Gurgaon that offer merit-based ACCA admissions:
Given below is the step-by-step process admission process followed by colleges like Christ University, Bangalore that offers ACCA admissions based on entrance exam:
The syllabus for ACCA is divided into 13 exams and 3 course levels, which are:
The detailed ACCA subjects for each level are given below:
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Compulsory ACCA Subjects | Optional ACCA Subjects (Any 2) |
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After passing all 13 ACCA exams, candidates must document 36 months of relevant experience. Additionally, candidates should finish the Ethics and Professional Skills Module, which aids in the development of all the skills required by employers.
Given below is the list of the ACCA papers, which candidates must clear to earn ACCA certification:
Depending upon the qualifications, there are certain exemptions for ACCA Exams for students, which are listed below:
Qualification | Number of Exams | ACCA Exemptions |
12th Pass | 13 | None |
Commerce Graduate | 9 | BT, MA, FA, LW |
CA IPCC (both) | 8 | BT, MA, FA, TX, AA |
4 | BT-FM (9 subjects) |
Please take note that these are only preliminary information. To learn more about eligibility and exemptions based on your present qualifications, visit ACCA Global.
Given below is the list of the important ACCA books:
ACCA Course is available in two forms. Firstly, in combination with BBA or BCom or secondly, individually. The top colleges that offer ACCA coursestop-levelanalyze are as follows:
College Name | ACCA Course Fees | ACCA Placements |
INR 2,20,000 | INR 6,85,000 | |
INR 28,000 to 68,000 | INR 4,00,000 | |
INR 1,64,000 | INR 11,00,000 | |
INR 2,60,000 | INR 4,68,000 | |
INR 1,09,000 | INR 7,00,000 | |
INR 1,70,000 | INR 6,20,000 | |
INR 90,000 | INR 4,50,000 |
In this section, we have compared the ACCA course with similar courses like CA, CS, and CPA in terms of qualification, duration, fees, eligibility, admission, and other considerable factors.
ACCA is an internationally recognized accountancy course certification. In India, ICAI provides a similar accountancy qualification namely Chartered Accountancy (CA) course. Know the details of ACCA vs CA to choose which is a more suitable option for you:
Features | ACCA (Association of Certified Chartered Accountants) | CA (Chartered Accountant) |
Qualification Type | Professional | Professional |
Aim | Provides technical expertise in accounts and finance for superior management roles in the domain of accountancy | It prepares students to work in taxation and auditing firms by educating them on the concepts of accounts and taxation. |
Certifying Agency | The Association of Certified Chartered Accountants provides ACCA certification. | The Institute of Chartered Accountants of India (ICAI) administers CA certification. |
Course Duration | 1-7 years | 5 years |
Course Fees | INR 65,000 to 2,50,000 | INR 20,000 to 2,50,000 |
Examination Type | 13 exams in CBE mode | 3 exams |
Eligibility | 10+2 with a minimum ofOfficers 65% in Accounts/Maths and English, 50% in other subjects | 10+2 with 4 months study period, or BCom with minimum 50% marks |
Admission Process | Merit and Entrance | Entrance Exams |
Top Colleges | Christ University, Symbiosis College of Art and Commerce, Apeejay Stya University | Institute of Chartered Accountants of India, Noida, Indian Institute of Finance and Accounts, Pune, International School of Financial Studies, Secunderabad, etc. |
Career Options | Accountant, internal auditor, compliance officer, business analyst, risk manager, treasurer, business consultant, chief financial officer (CFO), etc. | Accountants, Auditors, Financial Officer, Finance Managers, Taxation Experts, Investment Advisors, etc |
Average Salary | INR 3.5-4 LPA | INR 6-8 LPA |
Know more: CA Salary in India
While the ACCA course prepares candidates to be financial officers and accountants, Company Secretary (CS) course is all about financial and legal aspects of a corporation. Below is the detailed comparison of both the courses in terms of qualification, duration, fees, eligibility, admission, and more:
Features | ACCA (Association of Certified Chartered Accountants) | CS (Company Secretary) |
Qualification Type | Professional | Professional |
Aim | Provides technical expertise in accounts and finance for superior management roles in the domain of accountancy | It prepares students for the top-levels jobs in the company. It trains the students in taxation, legal laws, regulations, banking, etc. |
Certifying Agency | Association of Certified Chartered Accountants | Institute of Company Secretaries of India (ICSI) |
Course Duration | 1-7 years | 3 years |
Course Fees | INR 65,000 to 2,50,000 | INR 10,000 to INR 50,000 |
Examination Type | 13 exams in CBE mode | 3 exams |
Eligibility | 10+2 with a minimum of 65% in Accounts/Maths and English, 50% in other subjects | 10+2 |
Admission Process | Merit and entrance based | Entrance Exam |
Top Colleges | Christ University, Symbiosis College of Art and Commerce, Apeejay Stya University | ICSI |
Career Options | Accountant, internal auditor, compliance officer, business analyst, risk manager, treasurer, business consultant, chief financial officer (CFO), etc. | Company Secretary, Legal Manager, Executive Officer, Director, etc |
Average Salary | INR 3.5-4 LPA | INR 4-8 LPA |
See Also: How to Become a Company Secretary
The tabulated form below mentions the difference between ACCA and Certified Public Accountants (CPA) course in USA on parameters such as qualification, examination, duration, fees, average salary and more:
Features | ACCA (Association of Certified Chartered Accountants) | CPA (Certified Public Accountant) |
Qualification Type | Professional | Diploma |
Aim | Provides technical expertise in accounts and finance for superior management roles in the domain of accountancy | Recognized globally for offering numerous opportunities in accountancy. |
Certifying Agency | Association of Certified Chartered Accountants | American Institute of Certified Public Accountants (AICPA) |
Course Duration | 1-7 years | One year or less |
Course Fees | INR 65,000 to 2,50,000 | INR 3,75,000 to 4,00,000 |
Examination Type | 13 exams in CBE mode | 4 exams in online mode |
Eligibility | 10+2 with minimum 65% in Accounts/Maths and English, 50% in other subjects | MCom or equivalent degree |
Admission Process | Merit and entrance based | Merit based |
Top Colleges | Christ University, Symbiosis College of Art and Commerce, Apeejay Stya University | EduPristine, IIKMFE Financial Education, PIRON School of Business and Management, Academy of Commerce, etc |
Career Options | Accountant, internal auditor, compliance officer, business analyst, risk manager, treasurer, business consultant, chief financial officer (CFO), etc. | Management accountant, budget analyst, financial analyst, internal auditor, comptroller, professor, VP of Finance, and Chief Financial Officer, etc. |
Average Salary | INR 3.5-4 LPA | INR 6.3 LPA |
Students have the option of continuing their education in India or overseas after completing their ACCA course. After ACCA course completion, students can opt for higher studies options like:
Given below is a list of ACCA job profiles and ACCA salary in India in a tabular form:
ACCA Jobs | Job Description | Average Salary |
Auditor | The role of an auditor is to review and verify the accuracy of the financial records of the company. | INR 3 LPA |
Financial Accountant | Financial Accountants are responsible for keeping financial statement records, maintaining accounts, and supervising tax payments. | INR 3 LPA |
Finance Officer | The Finance Officer manages activities related to accounting which involve bank reconciliations and receivable and payable accounts. | INR 3 LPA |
Account Executive | Account Executive responsibilities include advertising, marketing, and financing with close comprehension of client requirements. | INR 3.5 LPA |
Account Manager | Accounting Managers create and implement systems for collecting, reviewing, confirming, and reporting specific categories of financial data. | INR 5.5 LPA |
Chief Financial Officer | CFO is a senior-level position that is responsible for handling the financial activities of the firm. | INR 3.5-4 LPA |
Business Analyst | Business Analysts analyze a company or industry, record its operations, systems, and procedures, and evaluate the business model and how it integrates with technology. | INR 3.5 LPA |
Here is a list of the top recruiters that hire ACCA course graduates:
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By - Nikita Parmar 2023-08-25 09:48:44 , 11 min readACCA full form is Association of Chartered Certified Accountants, which is the global accounting body that provides “Certified Chartered Accountant” qualification.
ACCA refers to Association of Chartered Certified Accountants. ACCA course includes 13 exams and covers aspects of chartered accountancy like accounting, auditing, financial reporting, taxation, business finance, and financial management.
ACCA provides knowledge about the concepts of CA along with additional information on UK laws, IFRS, and FAAP. Therefore, ACCA is a better option for students who desire to make a career in abroad. Moreover, ACCA is more flexible as compared to CA as it allows students to exempt one paper in each attempt.
The ACCA qualification is most prestigious and globally recognized qualification for finance aspirants. It trains students with the knowledge, skills, and values required to have successful careers in the domain of accountancy and finance.
The ACCA eligibility criteria allows students with a minimum of 18 years of age, who has completed 10+2 with 65% aggregate score in Maths/Accounts and English and 50% aggregate score in other subjects to apply for the course.
The average ACCA salary in India is 8 LPA, which can increase as per your experience and expertise level.
The ACCA course consists of 13 exams which are divided into 3 exam level namely, Knowledge, Skills, and Professional.
Yes. ACCA exams are worthwhile for accounting professionals wanting to advance their careers in the domain. Since, ACCA is a globally recognized certification, it is valued by employers all over the world. Top companies like EY, Deloitte, KPMG hire ACCA qualified candidates. So, it is good option to take ACCA professional exams to take the accounting and finance career to the next level.
Yes, ACCA exams are hard and challenging, but that’s what make the certification highly reputable throughout the world. Employers are aware of the level of dedication and seriousness required of students to earn the qualification, which demonstrates how committed you are to your profession.
Both ACCA and CPA are quite well-known on a global scale. Students can decide based on their future plans, background, career interests, jurisdiction, preferred country, and other considerable factors, which is a better option for them.
Yes, it is possible to study MBA with ACCA course. In fact, combining ACCA preparation with may allow students to work at their managerial skills as well. Hence, students can expand their career options to business management and executive roles as well.
Yes. ACCA has a fast-growing scope in India. Professionals with an ACCA degree are being hired by MNCs in India and obtaining high-profile positions abroad. ACCA qualified candidates have a wide range of career prospects at both national as well as international level.
ACCA is a professional degree, which is recognized worldwide. It is provided by an organisation with decades of reputable service that is recognised on a global scale. ACCA Certificates are presented during official convocation events held all throughout the world.
ACCA subjects include topics like Business Accounting, Management Accounting, Financial Accounting and Management, Corporate and Business Law, Performance Management and Analysis, Taxation, Financial Reporting, Audit and Assurance on an advanced level.
Yes. It is possible to pass all ACCA exams in 2 years. Each year, ACCA conducts four exam sessions. Students are permitted to take a maximum of four exams per session, for a total of eight tests per year. As a result, it is possible to finish all of the ACCA tests in two years.
F1, F2, F3, and F4 are in-demand exams and can be taken whenever you want during the year. F5 to P7 exams are held four times a year in the months of March, June, September, December.
During the course of a calendar year, students are permitted to take a maximum of 4 exams, spread throughout a maximum of 8 different exam cycles. Students can pick any combination of computer-based and paper-based exams.
As per ACCA global, a maximum if nine applied knowledge and applied skills exams can be awarded. However, there are no exemptions for strategic professional exams.
After MBA, candidates are exempted from 9 papers, which constitutes the first two levels of the ACCA course. MBA candidates only have to appear for Professional Exams to be ACCA qualified.
ACCA covers advanced accounting techniques and methods as compared to a degree. Moreover, ACCA is a globally recognized professional accounting qualification, making it better than a degree.
ACCA enables you to achieve enormous career progress despite the fact if your company is one of the most popular ones in the industry or not. Even as an ACCA fresher, you can expect a salary anywhere between INR 4 to 6 LPA.
ACCA certificate means you have CA knowledge as well as additional knowledge of UK Laws, FAAP, IFRS. Thus, students wanting a career abroad can choose ACCA as a better option.
Currently, ACCA (Association of Chartered Certified Accountants) is not recognized in Canada directly. Before April 2021, there as a Mutual Recognition Agreement (MRA) between CGA Canada and ACCA, allowing ACCA members to be admitted top CPA Ontario. However, the same expired in April 2021.