What is ACCA? Course Details, Fees, Syllabus, Exemptions & Eligibility

The Association of Chartered Certified Accountants (ACCA) is the largest accounting professional qualification in the world, with over 200,000 members and 600,000 students across 180+ countries.
In India, ACCA is considered equivalent to CA and hired at the same salary in most companies such as PwC, KPMG, Deloitte, EY, Grant Thornton, BDO, etc.

Syllabus
ACCA covers aspects of Chartered Accountancy such Accounting, Financial Reporting, Auditing, Taxation, Business Finance, Financial Management, etc.

The ACCA 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 computer based exams (CBE) that can be appeared for anytime in the 365 days of the year. The Skill and Professional Level exams are conducted every March, June, September and December.

The Knowledge and Skill Level exams are Computer Based (CBE) whereas the Professional Level exams are paper based. The Professional Level exams should also be conducted in the CBE format by 2021.

Knowledge Level

  • Accountant in Business (AB)
  • Management Accounting (MA)
  • Financial Accounting (FA)

Skill Level

  • Corporate and Business Law (LW)
  • Performance Management (PM)
  • Taxation (TX)
  • Financial Reporting (FR)
  • Audit and Assurance (AA)
  • Financial Management (FM)

Professional Level 
Essential

  • 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)

Source: https://www.accaglobal.com/in/en/student/exam-support-resources.html

Scope of ACCA in India
The scope of ACCA in India has been increasing tremendously over the last few years. Candidates are hired in the best of companies such as PwC, Deloitte, KPMG, EY, Grant Thornton, BDO, etc.
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 as the same profile.

We have ourselves 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 UK, Canada, Australia, Singapore, Dubai. ACCAs have signing authority in majority of these countries.

CA vs ACCA 
The most common questions asked to us are mentioned below.

Difference between CA & ACCA

  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 Fees
Fees paid to the ACCA body:
Exam fees: £108 to £140
Registration fees: £30
Subscription fees: £111
Study Material: ₹2,500 to ₹3,000

The training fees includes the training for the ACCA examinations, tests & mock exams, 100% placement assistance, registration assistance, and most importantly – exclusive ACCA faculties. This depends on the Level you are appearing for.
ACCA Exemptions Waivers:

Due to Zell’s Platinum ALP status, you are entitled to exemption waivers of:
Subjects: ₹1,00,000
Registration: ₹8,000
Subscription: £112

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