The ACCA (Association of Chartered Certified Accountants) is one of the highly reputed examinations in the field of commerce. Over the last few decades, the examination has garnered much recognition in different parts of the world and consistently gained popularity among students with commerce backgrounds. As ACCA examinations are challenging, aspirants require commitment, motivation, hard work, self-belief, proper mindset, and seriousness to succeed in it.
According to the ACCA pass rates declared in March 2020, at least 68,247 applicants appeared for the exams in which only 3,292 secured the ACCA affiliation. As the examination is highly competitive, aspiring individuals can also register to study ACCA course online to ease through the exam. Now, we will make you aware of the top 10 surprising facts about the ACCA online courses.
Also known as Global Chartered Accountants
A very few of us are aware of the fact that Chartered Certified Accountants are also popular as Global Chartered Accountants. The global accounting body, ACCA, is accepted by 179 countries and has around 7,571 employers.
Easy to pass
Although ACCA is one of the toughest exams and its difficulty level increases as you progress, taking up an ACCA online course can enhance your confidence and help you pass the exam on the first attempt.
Not restricted to finance background
Anybody can take up the ACCA exam, regardless of their background, as it is not restricted to aspirants holding a finance background.
First woman in professional accountancy body
Ethel Ayres Purdie was the first female member to join ACCA as a member in 1909. Interestingly, Purdie was the first woman who belongs to a professional accountancy body.
You can work across the globe
As ACCA is an international organisation and has members worldwide, professionals with ACCA affiliations can work anywhere in the world. Notably, ACCA opens doors for employability in 179 countries.
ACCA syllabus consists of 13 examinations
The syllabus of ACCA is divided into three stages and consists of 13 exams. These three stages include The Applied Knowledge stage, The Applied Skills stage, and The Strategic Professional stage.
Entry requirements for ACCA course
Aspirants must have two A levels and three GCSE or equivalent in five different subjects, including English and Mathematics. English language proficiency is a must. They must be 18 or above.
Career paths after qualifying ACCA
Professionals with ACCA affiliations can work across various industries globally. Some prominent job titles are Auditor, Management Accountant, Forensic Accountant, Internal Auditor, Financial Controller, Tax Accountant, Risk Manager, or Treasurer.
Establishment of first ACCA branch
You must be knowing that the headquarter of ACCA is in London, United Kingdom. However, South Africa was the first place where ACCA established its branch outside the UK in 1913.
ACCA examinations are conducted four times a year- March, June, September, and December. Aspirants must score over 50 percent to pass the examination.
ACCA exams are the right fit for those accounting professionals who desire to climb the career ladder in the accounting and finance sectors. You can consider London business and finance schools to help you prepare for the ACCA exam. So, sign up for the course right away!