The exam of the Association of Chartered Certified Accountants (ACCA) is considered as one of the reputed exams in India. From the past few years, ACCA has managed in getting good recognition all over the country.
But, many of the students are still getting confused, whether it is good or not.
Let's know how ACCA is beneficial for the students.
ACCA certification in India:
In India, the qualification of ACCA is equivalent to CA certification. However, as we know, CA is quite tricky compared to ACCA, and most of the firms want to be part of CA firms. That's why Indian CA has good knowledge in the domain of finance, and ACCA works, Indian economy, and policies.
If someone wants to work abroad, then having an ACCA qualification is a must. The job opportunities after the completion of ACCA are more at countries like Singapore, United Kingdom, Australia, Dubai, and so on. Also, the students have to work in ACCA firms to experience knowledge in the finance domain.
There are numerous career opportunities for ACCA across the globe. The professional in ACCA can work as a financial planner, management consultant, etc. In India, it's not essential to pursue auditing for ACCA and has no authority for signing on audit reports. Also, one cannot mark his signature on the auditing firm.
Over the past few years, the job opportunities for ACCA in India have increased significantly. With the growth of four big companies, there's a rise in job opportunities for the experts in ACCA. It's been predicted that India could become part of ACCA's global market. Due to its more significant extent, the topmost MNCs are turning towards India to ace finance experts. In India, the salary for ACCA is equivalent to the CA professional. The average salary for ACCA professionals is up to 8 lakh per annum. The pay scale is always between 4 to 15 lakh per annum—some of the big companies like PwC, KPMG, Deloitte, and EY. Also, MNCs, including Embassy Group, Tata Grant Thornton, and Pepsico.
The popularity of ACCA is increasing with days in providing good knowledge of IFRS, and it's beneficial. Hence, ACCA offers many job opportunities all over the world. I hope this article gives you the information on career opportunities for ACCA. Any questions? Comment in the below section.
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Anji Velagana is the Content Strategist at Simandhar Education and has 2 years of experience in content writing and blogging. He loves pursuing excellence through writing and has a passion for technology & educational content. Contact him on LinkedIn.