There is a rush of startups now. Starting your own business can be an exciting as well as a nerve-wracking time. Exciting because you have this commercial entity that is all yours and you can mold it to suit your dreams. And nerve-wracking because any mistake you make, even a minor one, can come back to haunt you.

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ACCA members are offered jobs at par with ICAI members in terms of profile and pay, in organisations such as the Big 4 and MNCs. ACCAs are in demand in the Big 4 and MNCs because these firms follow global accounting practices in their day to day work. With increasing FDI, more international firms coming to India, and even Indian firms expanding geographically, India is bound to adopt IFRS soon.

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If you’ve made up your mind to complete both the qualifications, the most optimum way forward would be this: Begin with CA and complete up to the IPCC examinations.You will have approximately 2 years of work experience (articleship) before you begin studying full-time for Final CA.

 

 

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Like any other professional degree, ACCA requires you to have 3 years of Relevant practical work experience. You may work in any company/firm, Indian or international, provided you work in the accounting or finance department.

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Again, this depends on your personal goals and aims. There are various options available for you once you’re a qualified ACCA member: Work in a financial or consulting capacity in companies such as the Big 4. This could be to gain experience, or a long term plan if the country you reside in accepts ACCA as the signing authority.

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