The Association of Chartered Certified Accountants popularly know as ACCA is a globally recognised course with over 200,000 members and 600,000 students across 180+ countries. The ACCA qualification is considered the largest professional accounting qualification in the world.
ACCA course is one of the most prestigious certifications in accounting and is preferred by many students who want to build a successful career abroad.
In India, ACCA is said to be equivalent to CA and ACCA professionals are hired at the same salary in most companies such as PwC, KPMG, Deloitte, EY, Grant Thornton, and BDO.
ACCA Eligibility Criteria
- ACCA Course Eligibility: To be eligible to register for ACCA qualification, students should have qualified their 10+2 examinations with an aggregate of 65% in Mathematics / Accounts and English, and a minimum of 50% in other subjects.
- Students who have just cleared their class 10 examinations, or do not qualify as per the aforementioned criteria, can still register for the ACCA Course via Foundation in Accountancy (FIA) route.
ACCA Course Exemptions
ACCA offers exemptions to Commerce Graduates, Post Graduate (M.Com) Inter CA Students and CA Qualified. Students who have just cleared their class 12 examinations, do not qualify as per the aforementioned criteria, but are still qualified to register for the ACCA Exam via Foundation in Accountancy (FIA) route.
|Qualifications||Number of exams to give
|Completion of Class 12th||13 papers*||NIL|
|Commerce Graduate||9 papers||BT, MA, FA, LW|
|MCom Post Graduate||9 papers||BT, MA, FA, LW|
|CA IPCC (Both Groups)||8 papers**||BT, MA, FA, TX, AA|
|CA||4 papers**||BT-FM (9 subjects)|
*The applicant should have passed 5 subjects including English and Mathematics / Accounts, with 65% in at least 2 subjects and over 50% for the rest.
**A CA Final candidate is eligible to attain additional exemptions if they’ve scored 40 and above marks in their examination for relevant subjects.
You can also check Our Video on ACCA Exemptions
ACCA as a course covers aspects of Chartered Accountancy such as Accounting, Financial Reporting, Auditing, Taxation, Business Finance and Financial Management.
ACCA Syllabus has a total of 13 examinations that a candidate must appear for. The 13 exams are split into 3 levels – Knowledge, Skill and Professional.
The Knowledge Level exams are on-demand exams that can be appeared at any time in the 365 days of the year. The Skill and Professional Level exams are conducted every March, June, September and December.
While before 2021, the Professional level exams were paper-based, all 3 levels of the ACCA syllabus are now computer-based (CBE).
Fundamental (9 papers in total)
- Accountant in Business (AB)
- Management Accounting (MA)
- Financial Accounting (FA)
- Corporate and Business Law (LW)
- Performance Management (PM)
- Taxation (TX)
- Financial Reporting (FR)
- Audit and Assurance (AA)
- Financial Management (FM)
- Strategic Business Reporting (SBR)
- Strategic Business Leader (SBL)
Optional (2 of 4)
- Advanced Financial Management (AFM)
- Advanced Performance Management (APM)
- Advanced Taxation (ATX)
- Advanced Audit and Assurance (AAA)
Ethics and Professional Skills Module
This module helps you gain professional and ethical skills required in real-time work situations.
To become an ACCA Affiliate member, students are required to complete 36 months of work experience and achieve about nine performance objectives. This experience documentation should be signed by a supervisor.
Scope of ACCA in India
The scope of ACCA in India has been increasing tremendously over the last few years. Candidates who’ve successfully completed their ACCA and gained professional skills are hired by the best of companies such as PwC, Deloitte, KPMG, EY, Grant Thornton, and BDO.
They are hired in various profiles such as Accounting Advisory, Risk Advisory, Statutory Audit, Internal Audit, Forensic Auditing, Mergers & Acquisitions, Valuations, and more. The ACCA salary (₹5 to 8 lacs) is the same as CAs, just with the same profile.
We at Zell Education, have placed hundreds of students in various companies across India, in Mumbai and Delhi and Pune. Simultaneously, we are in contact with thousands of ACCAs across India placed in prestigious corporations in all departments.
Scope of ACCA overseas
ACCAs are hired across the world in 180+ countries. For students studying in India, the most popular countries are the UK, Canada, Australia, Singapore, and Dubai. ACCAs have signing authority in the majority of these countries.
CA vs ACCA
Several students have asked us questions regarding the differences between CA and ACCA. Here are some of the factors to consider before you choose one between the two.
Difference between CA & ACCA
|Signing authority in India||Yes||No|
|Signing authority overseas||No||Yes|
|Recognition in India & overseas||India||India & Overseas|
|Time taken for full course||5 years||2.5 years|
|Exam pattern||Group system||One paper at a time|
|Frequency of attempts||6 monthly||3 monthly|
|Salary packages||₹5 – 8 lacs p.a.||₹5 – 8 lacs p.a.|
|Companies hiring||All companies||Big 4, MNCs|
|Countries recognised||India||180+ countries|
ACCA Registration fees
There is a one-time ACCA Registration Fees that every student aspiring to become an ACCA needs to pay. As the term ACCA registration fees suggest, this mandatory payment makes you an ACCA member, which means you’ll have access to the ACCA portal and the previous papers. Here’s a glimpse into the ACCA registration fees.
Considering that the pound exchange rate is £1 = 95 INR.
The initial registration will cost you: £79 = INR 7,625
If your name has been removed from the registration due to the lack of subscription payment or other reasons, for re-registration you’ll be charged a sum of £89.
ACCA Subscription Fees
ACCA has an annual Subscription fee that every student needs to pay to renew their membership. If this annual subscription isn’t paid and the CPD requirement isn’t fulfilled, then the ACCA body has the authority to remove you from the registration, this, in turn, means that you can’t use the ACCCA or FCCA initials next to your name.
The ACCA subscription on an annual basis will cost you: £112 = INR 10,734
ACCA knowledge Level exam fees
The ACCA exams are divided into three parts, namely knowledge level, skill level, and professional. There is an examination fee applied to each of these parts. The knowledge level, being the first part, has three papers included in it. Here’s how much ACCA fees you’ll have to pay for the knowledge level exams.
The ACCA knowledge level exams will cost you: £86 = INR 8,243
ACCA Skill Level Exam Fees
The second level, after clearing the knowledge level exams, is the skill level. The skill level comprises of 6 papers. These papers, as the name suggests, help build your accounting skills and are mandatory to appear for. Just like the other papers, you need to pay a certain amount to appear for the skill-level papers.
The ACCA skill level exams will cost you: £112 = INR 10,734
ACCA Professional Level Exam Fees
This is the last level of the ACCA examinations. It comprises of total 4 papers out of which two are mandatory and two you can choose from a set of 4 papers. The total cost of appearing for these papers is as follows.
The ACCA professional level exams will cost you: £136 = INR 13,054
These subsciption charges may, however, differ based on your current status. If you are an affiliate, which means if you’ve passed the ACCA exams and the ethics module, but haven’t completed your mandatory work experience you must pay an annual fee of £135. You can then hold ACCA affiliate status for almost three years. After that, if you wish to extend your affiliate status you will be required to pay an annual fees of £270.
Once you’ve completed all your papers, ethics module and mandatory work experience, you can apply for a fulltime membership of £270.
ACCA Coaching Fees
To make your ACCA degree truly count, you need a coaching institute that is known for its ACCA course throughout the globe. For this, you need to look for a platinum approved learning partner that ensures that your learning journey is a seamless one. Zell Education is a platinum approved coaching provider for ACCA that’s trusted by a thousands of students in India and abroad.
Due to Zell’s Platinum ALP status, you are entitled to exemption waivers of
Here’s how much Zell’s coaching fee will cost you.
Our Expert Faculty
Contact details: You can reach out to the experts at Zell Education through this number +91 90046 92555.
Head office address: 602, Eco Space IT Park New Nagardas Road Mogra Village, Mogra Pada, Natwar Nagar, Jogeshwari East, Maharashtra
The ACCA qualification is recognised in over 180 countries including Canada, Singapore, and Australia. If you’ve made the decision to become a global CA and are contemplating your next move, we can help you take a step forward. Check out our Association of Chartered Certified Accountants (ACCA) course to learn more.
What is the eligibility criteria for ACCA?
To qualify for ACCA course, you should be of 18 years of age and should have completed your 10+2 with 65% average score in Math and 50% average in English.
How many exemptions can one get for ACCA exams?
As per the official website of ACCA global, a maximum of nine Applied Knowledge and Applied Skills exams of the ACCA Qualification can be awarded. However, there are no exemptions awarded for the Strategic Professional Exams
Are ACCA exemptions free?
The ACCA global website states that if you’ve completed your AAT Level 4, you are eligible to get exemptions from papers under Applied Knowledge and Applied Skills with no additional cost.