Association Of Chartered Certified Accountants (ACCA)

Transcription

1 Association Of Chartered Certified Accountants (ACCA)

2 Index About ACCA Job profiles and careers Why ACCA in India Course information Entry routes and exemptions Frequently asked questions How Proschool does it About IMS Proschool Partnerships Corporate clients Other industry oriented programs

3 About ACCA Association of Chartered Certified Accountants (ACCA) is world's leading and fastest-growing international accountancy organisation with 1,88,000 members and 4,80,000 students in 181 countries. Not only does ACCA institute work with 7,110 approved employers across the globe but ACCA professionals also get preferential immigration status to Australia, Canada, UK, New Zealand, Ireland etc. ACCA is recognised in 78 markets and has more than 80 global accountancy body partnerships. ACCA courses help candidates to make career in the field of accountancy, taxation, audit, internal audit, pricing analyst, etc.

4 About ACCA The Association of Chartered Certified Accountants (ACCA) institute, formed in 1904 is the global professional accounting body offering the Chartered Certified Accountant qualification. There are a lot of qualifications that a candidate achieves on his way to ACCA membership. It is a great way for the candidate to showcase his/her knowledge and skill sets to employers. During their journey towards ACCA students can achieve: a Diploma in Accounting and Business (after successfully completing F1, F2 and F3 papers) an Advanced Diploma in Accounting and Business (after successfully completing F1-F9 papers and the professional ethics module) a BSc. (Hons) degree in Applied Accounting awarded by Oxford Brookes University after successfully completing F1-F9 papers, professional ethics module and submitting a Research and Analysis project) an MSc in Professional Accountancy awarded by University of London (one module and one project for members and for students completing 3 professional papers)

5 What ACCA member does Apart from accounting, ACCA members are highly proficient with IT and numerical skills They can work in various departments like accounts, auditing, compliance, finance, tax, fund management and merger & acquisition. ACCA teaches business and strategic skills to candidates so that they can: apply international accounting standards; create wealth and increase shareholders value; analyse information for business decisions; and manage and mitigate risk

6 What ACCA member does Job profiles of ACCA members: External auditor Internal auditor Forensic accountant Compliance officer/governa nce officer Financial accountant Management accountant Chief financial officer Group accountant Business analyst Financial analyst Business adviser Tax accountant Risk manager Treasurer Funds manager Credit control manager Insolvency practitioner General ledger Payroll cashier

7 Recruiters

8 Why ACCA in India Most of the ACCA qualified professionals in India are employed with the Big 4s or MNCs. Employers in India have now become aware of ACCA qualification and are hiring them eagerly. Main employers in India for ACCA are Price Waterhouse Coopers, Earnest and young, Deloitte, KPMG, TATA Communications, Embassy Group, Grant Thornton, etc. CA and ACCA members are offered similar job profiles, designation and salary packages. India is taking another step closer towards globalization by introducing Ind-AS drafted on principles similar to IFRS. ACCA covers IFRS broadly in its syllabus which would definitely give an edge to ACCA members in India. With the presence of many financial KPOs in India, India has become a major outsourcing hub for accounting and financial functions and ACCA qualified professionals are preferred by the employers for handling these functions. In India, average salary offered to ACCA fresher is between INR3,50,000 to INR 4,00,000.

9 Course information To qualify as an ACCA member, a candidate will be required to complete: Exams - Attempt and clear 14 exams (ACCA also provides exemptions in some exams depending upon the candidate s previous qualification) Experience - Record 36 months' experience in a relevant role (candidate can acquire the experience before /during/ after completion of the qualification) Ethics Complete the Professional Ethics module.

10 Course information Examinations are held 4 times in a year i.e. March, June, September & December. However, the papers from F1 to F4 can be taken online around the year at ACCA's Authorized Computer Based Exam centres. Knowledge: (F1-F3) F1 Accountant in Business, F2 Management Accounting, F3 Financial Accounting Skills: (F4-F9) F4 Corporate & Business Law (CL), F5 Performance Management (PM), F6 Taxation (TX), F7 Financial Reporting (FR), F8 Audit & Assurance (AA), F9 Financial Management (FM) Professional (Essential; all papers compulsory): (P1-P3) P1 Professional Accountant (PA) (Essential), P2 Corporate Reporting (CR) (Essential), P3 Business Analysis (BA) (Essential) (Optional; only 2 exams out of 4): (P4-P7) P4 Advanced Financial Management (AFM), P5 Advanced Performance Management (APM), P6 Advanced Taxation (ATX), P7 Advanced Audit & Assurance (AAA)

11 Entry route and exemptions Qualification Exams Duration (Approx.) 12th passed* 14 Exams 3 years Commerce graduate IPCC B.com + IPCC Chartered Accountant (After 2003) 10 Exams (Exemption in F1, F2, F3, F4) 9 Exams (Exemptions in F1, F2, F3, F6, F8) 8 Exams (Exemptions in F1, F2, F3, F4, F6, F8) 5 Exams (Exemptions in all the papers from F1 to F9) 2 years to 2. 5 years 2 years 1 year 1 year **Candidates who have completed 12th from Commerce stream (pass in 5 subjects including English and Mathematics / Accounts, with a minimum 65% marks in at least 2 subjects and over 50% marks in others)

12 Course information

13 Frequently asked questions Can I take the ACCA qualification exams in any order? You can attempt up to a maximum of four papers per examination cycle. There are two examination cycles per year: 1 st February to 31 st July and 1 st August to 30 th January. Papers/examinations must be taken in line with the following module (Knowledge/Skills/Professional) order. You can attempt the papers within each module in any order. However, as the syllabus has been developed to progress educationally in the order presented, ACCA recommends that papers within a module are to be attempted in that order only. How many exams can I take at each exam session under foundations in accountancy? There is no restriction to the number of exams you may attempt, you will be allowed to appear for as many or as few papers as you like at each exam session. You are, however, recommended to attempt a maximum of four papers in each six-month period. How do I find out where to go on exam day? You can log on to your myacca account approximately two weeks after standard exam entry closes to download and print your exam attendance docket. This will include the address of the centre where you have been allocated, the papers you have been entered for, the dates for each paper and the desk numbers you should be directed to at the venue. Please remember that you must take your exam attendance docket with you to the examination centre. Please also take official photographic identification such as a passport, driving licence or national identity card.

14 How Proschool does it IMS Proschool offers Classroom and Live Virtual Classroom for ACCA course. Classroom program highlights: Training by ACCA Qualified trainer or experts in the field. Get Kaplan Material as the reference guide. Mock exams and tests in classroom with faculty feedback. Solve past examination question subject wise. Clear your subject doubts face-to-face with experts. Interact with your peers while learning. Training fees is as follows: Level Fees per paper (INR) Fees for all the papers in that level (INR) Knowledge (3 exams) 14,000 30,000 Skill (6 exams) 20,000 90,000 Professional (5 exams) 25,000 95,000

15 How Proschool does it Highlights of live virtual classroom: Audio Video enabled Live & Interactive training program on CISCO Platform Regular assignments and exam oriented teaching format Entire training program taught by ACCA Qualified Professionals with real world experience Clear your subject doubts face-to-face with experts Get recorded sessions for future reference. Interact with your peers while learning. No travel, save time Study in the comfort of your home with a broadband connectivity Training fees is as follows: Level Fees per paper (INR) Fees for all the papers in that level (INR) Knowledge (3 exams) 12,000 25,000 Skill (6 exams) 18,000 80,000 Professional (5 exams) 23,000 85,000

16 Study modes - Features Classroom Training Live Virtual Classes Face-to-face training by industry expert faculty Access online study resources and mock assessments Get your queries/doubts resolved in real time Networking opportunity with varied experienced professionals Knowledge sharing among peers and motivation due to interactivity Interview grooming Audio Video enabled Live & Interactive training program on CISCO Platform Clear your subject doubts face-to-face with experts Get recorded sessions for future reference and missed sessions. Access Online study resources and Mock assessments Interact with your peers virtually while learning No travel, save time - Study in the comfort of your home with a broadband connectivity Interview grooming

17 About IMS Proschool IMS Proschool is an initiative of IMS learning Resources Pvt. Ltd an organization engaged in training students for last 37 years. Proschool was launched in 2006 with the objective of equipping graduates and young professionals, with relevant and current skills through standards-based and thoroughly tested certification programs to enable them to perform in a wide spectrum of business environs. Ranked #4 Trusted Brand in Education and 44 th amongst Most Trusted Service Brands across India (AC-Nielsen & Brand Equity Study) IMS Proschool along with parent organization has trained more than 3 lakhs candidates for different competitive exams and professional courses 90 centers across India for Management Training and 10 centers of Proschool for Financial Training Proschool has also trained over professionals from well known organizations like State Bank of India, Bank of India, UTI, Kotak Group, ICICI Group, Sundaram BNP Paribas, Citibank etc.,

18 Partnerships Funded by National Skill Development Corporation, a PPP promoted by the Union Ministry of Finance, Govt of India to offer skills based education Tie-up with National Stock Exchange's NCFM for Certification test administration Approved learning partner of ACCA (UK) for ACCA course Approved learning partner of CIMA (UK) for management accounting qualification Approved prep provider of CFA Institute, USA for CFA Program Partner with NISM (National Institute of Securities Market - an Initiative of SEBI) to spread Financial Literacy and Awareness across 135,000 schools in the country.

19 Corporate clients Trained & Certified employees of following Organizations State Owned Banks Foreign Banks Security Houses Mutual Fund Companies Insurance Companies IT/ITES

20 Our other industry oriented programs Certification Programs Chartered Financial Analyst Financial Modeling Certified Financial Planner Certification Financial Services Foundation Chartered Institute Management Accountant Business Analytics IFRS Association Of Chartered Certified Accountants Digital Marketing Post Graduate Program (6 Month 9 months) Financial Modeling & Business Analysis Business Analytics Banking & Financial Planning Management Accounting Data Science Global Accounting

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