Top 5 Benefits of Getting an ACCA Certification | Zell

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      Top 5 Benefits of Getting an ACCA Certification

      Last Update On 29th January 2025
      Duration: 6 Mins Read

      The world of accountancy is vast and full of opportunities. Once you have cleared your CA levels, the world of accountancy becomes your playing field.  You can also explore other courses that can enhance your career prospects and help you get an edge over your peers. If you are looking to expand your horizons and are seeking international opportunities as well, ACCA Certification is just the right option for you.

      Overview of ACCA

      ACCA (Association of Chartered Certified Accountants) is a globally certified professional accounting body. The body was established in 1904 and it has been equipped with the necessary skills and knowledge to pursue a successful accounting or finance career.  There are three levels in ACCA certification, which include, Applied Knowledge, Applied Skills, and Strategic Professional. Each level is interlinked with each other for a better understanding of each level. More than 180 countries recognize ACCA and ACCA-qualified professionals make a substantial career in the fields of accounting, finance, and management. 

      What Makes ACCA a Coveted Certification?

      ACCA is considered to be a coveted certification because of its global certification. ACCA opens up career opportunities in many countries across the globe. The ACCA courses cover the key aspects of accounting and finance providing an in-depth understanding of the business world and finance operations. Several multinational companies seek ACCA-qualified professionals to manage this financial and operational business. As an ACCA professional, the gate of opportunities and chances opens up. By the completion of ACCA, you can be able to take on lead in new career paths, collaborations, and mentorship. 

      How Has ACCA Certification Helped Students Achieve Their Career Goals?

      ACCA certification has substantially led to enhanced job prospects for several aspiring candidates. With the completion of the ACCA course, you can be able to take on leadership roles in the financial and accounting fields. ACCA provides a strong foundation for students to progress into managerial and leadership positions within their organizations. The qualification not only equips them with technical skills but also the strategic thinking and business acumen required to make decisions at a higher level. ACCA provides scope for continuous professional development for the students.

      How Does an ACCA Certification Benefit a CA?

      If you are a CA, opting for the ACCA Certification would be great for you as you can not only go for CA but also get exemption from 9 out of 13 papers in the ACCA qualification.

      The course would give your profession international recognition, allowing you to be prepared for a diverse set of roles in the accounting field within and outside India.

      Boosting your chance of getting a higher salary for the expertise and knowledge you bring to the table.

      How Does an ACCA Certification Benefit a CA?

      If you are a CA, opting for the ACCA Certification would be great for you as you can not only go for CA but also get an exemption from 9 out of 13 papers in the ACCA qualification.

      The course would give your profession international recognition, allowing you to be prepared for a diverse set of roles in the accounting field within and outside India.

      Boosting your chance of getting a higher salary for the expertise and knowledge you bring to the table.

      Top 10 Benefits of Getting an ACCA Certification 

      1. It gives you a comprehensive knowledge of most things finance-related

      Pursuing ACCA can benefit a CA in several ways. Apart from adding to your academic qualifications, it gives you a comprehensive approach to mastering the skills most relevant for Chartered Accountancy. It strengthens your management abilities and as the syllabus covers some fields of study, including taxation, business studies, financial management, and others, you have a holistic view of how to approach and solve accounting problems.

      2. You get to enjoy flexibility in terms of subjects

      One of the best things about going for the ACCA Certification is getting the flexibility that it provides. The flexible nature of the entry requirements and the subject areas to choose from encourages the aspirants to take up the course. In today’s world where you need to strike a balance between your studies and your work, the course doesn’t put as much pressure on you and you can decide when you want to take the exams, how you want to study, and you can also be exempted from having to take certain papers. 

      3. It is internationally recognized

      As discussed above, an ACCA qualification has international recognition and opens up a range of opportunities throughout the world, giving you a chance to work with overseas accounting bodies, multinational organizations, other organizations like the World Bank and the United Nations, and others. So, the world does become your oyster once you get an ACCA Certification after completing your CA. 

      4. It is cost-effective

      Education is getting more and more expensive around the world. It is partly true that you can’t put a price on knowledge or valuable skills, but when it comes to managing your expenses while at the same time paying for your education, money does matter. It’s a good thing then, that the ACCA qualification is cost-effective, and in fact, more of an investment than an expense. In a world where you have to choose whether to spend on your education or to save money for the future, it is smart to invest in a course like ACCA which gives more than it takes. 

      5. You don’t need to travel to another country to attempt the exam

      If you’re worried that you might have to go abroad to take your ACCA exam, you can relax. The exam can be taken in India as well, and now that technology has advanced and there is more awareness and development in the technical and educational field, you also have the option of taking the computer-based exam. It can be taken at various locations in India, depending on the availability of exam centres. So, you don’t need to spend on traveling to another country or for accommodation to take this exam.

      6. Begin Your Own Business

      With ACCA, you can get yourself equipped with all the necessary knowledge and skill set that helps you to pen your own business. From starting a consultancy to an accounting firm to financial advisory services, ACCA qualifies you with all the needed knowledge. ACCA members have the expertise to manage finances, comply with tax laws, and create business strategies. This flexibility allows them to leverage their credentials to build and scale their business ventures.

      7. Adaptable Study

      One of the most important advantages of the ACCA course is its adaptive structures. There is no rigid time or schedule for the exams of ACCA. It is up to the student whether they want to pursue full-time or part-time or through online courses. It makes it easier for working professionals to adjust the time and schedule at their convenience. 

      8. Discover New Perspectives on Professional Work

      ACCA helps students view accounting and finance from a broader, global perspective. With an emphasis on international standards and practices, students get exposure to diverse business environments, industries, and regulatory frameworks. This enriches their understanding of how businesses operate worldwide and fosters adaptability and creativity in problem-solving. It also helps them stay relevant in an increasingly globalized business world.

      9. Better Growth Opportunities

      ACCA leads to career enhancement enabling you to explore career roles beyond traditional accounting positions. Being a qualified ACCA professional, you could always find yourself in leadership positions in areas like corporate finance, auditing, tax consultancy, and management of multinational companies. 

      10. Higher Salary

      Being an ACCA professional would provide you with a higher amount of salary. A certified ACCA professional tends to earn more than a non-certified counterpart. However, the salary is also largely based on the job roles, location, company, and years of work experience. The salary of an ACCA Qualified professional can go from 4LPA to 18LPA, depending upon other factors. 

       

      Curious About Benefits of ACCA Certification ?

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      The ACCA Certification Helps you Focus on the Following:

      • Leadership and Management
      • Governance, Risk & Control
      • Corporate Reporting
      • Strategy and Innovation
      • Audit and Assurance
      • Financial Management 

      So, a wide area of the accounting, business, and management field can be covered through ACCA, giving you the skills and knowledge that would prove to be beneficial for you no matter which sector you decide to work in. Generally, the ACCA course takes around 2 years to complete, and once you get your certification, the salary may jump from 3 to 4.5 LPA to 7 LPA! To get that higher salary, you have to go the extra mile. 

      CA in itself is indeed a complete and honourable profession. But, it never hurts to seek greater opportunities and give your career the boost that has become somewhat necessary in today’s highly competitive world. So, if you want to give it that boost, and prepare yourself to negotiate for better pay based on your unique skills and expertise, ACCA is the way to enhance your qualifications and earn a higher salary.

       

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      Conclusion

      ACCA is a great qualification for those who are passionate about accounting and finance. It offers solid career prospects, flexibility, and competitive salaries. Whether you aim to work for top firms, manage your own business, or take on leadership roles, ACCA provides a well-rounded and prestigious qualification that is highly regarded by employers globally.

       

      FAQs on Benefits of Getting an ACCA Certification

      Does ACCA guarantee a job?

      Qualifying certainly makes you stand out to employers, but securing a job also depends on factors like work experience, location, networking, and job market conditions.

      Is an ACCA job stressful?

      The stress of an ACCA job depends upon the job role and your work-life balance preferences. 

      Can I finish ACCA in 1 year?

      It is challenging to finish ACCA within 1 year. 

      Is ACCA hard to pass?

      The difficulty in passing ACCA depends upon the ability of your prior knowledge, study habits, and commitment. 

       

      Partham Barot is an ACCA-certified professional. showcasing his expertise in finance and accountancy. he’s revolutionising education by focusing on practical, real-world skills. Partham’s achievements underscore his commitment to elevating educational standards and empowering the next generation of professionals.
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