Overview

Given its widespread acceptance and the fact that ACCA holders can find employment in a variety of fields, including audit, tax, finance, and company management, the ACCA is the perfect credential for anyone looking to work in international accounting in the modern world. These employment organisations offer no barriers to entry and can provide practitioners, students, and employees with the knowledge and skills they need to advance in respective practicum areas.

The ACCA course is carefully crafted to offer a combination of academic understanding and real-world expertise. It is organised to establish a solid foundation in accounting and finance before delving deeper into more complex subjects as you move through the levels. Every rung of the ACCA ladder gives you knew skills and information to help you succeed in the financial industry.

Key Benefits of ACCA Qualification:

  • Worldwide Appeal: ACCA is certified in more than 180 countries, allowing one to pursue a global career.
  • Rich Syllabus: The syllabus is impressively prepared to ensure all aspects are taught adequately.
  • Self-Paced Learning: The structure of the course is self-paced, helping learners complete it at their own suitable period.
  • Employment Opportunities: Most graduates with an ACCA qualification are offered employment in international corporations, accounting firms, governments, and more upon graduation.

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ACCA Eligibility

However, to acquire the qualification, there are several other educational background requirements and standards that an individual has to satisfy.

The following are the BVF criteria for the ACCA course:

  • For School Leavers: Students who have obtained a 10+2 (high school diploma) with a minimum of 65% in English and Mathematics/Accounts, and 50% in any other subjects may be able to pursue the ACCA course.
  • For Graduates: Graduates with appropriate qualifications in Accounting, Finance, or Business can join the ACCA course without starting from stage one. They may be entitled to some exemptions based on their certificates.
  • For Professional Accountants: Candidates with a current qualification in Accounting or Finance (such as CA or CPA) may also qualify for exemptions and can advance directly to the professional level of ACCA.

The ACCA provides exemptions from certain papers to candidates with relevant degrees. For instance, if you have a bachelor’s in accounting or finance, you might be able to avoid sitting for the central parts of the first few papers of the ACCA exam. The level and relevance of the past qualifications govern the number of exemptions.

ACCA Duration

The ACCA provides exemptions from certain papers to candidates with relevant degrees. For instance, if you have a bachelor’s in accounting or finance, you might be able to avoid sitting for the central parts of the first few papers of the ACCA exam. The level and relevance of the past qualifications govern the number of exemptions.

The course is divided into three levels:

  • Applied Knowledge: 3 papers
  • Applied Skills: 6 papers
  • Strategic Professional: 2 essentials and 2 options

Practical experience requirement

For ACCA students who wish to be affiliates of the organization examination and passing with working experience of not less than three years or 36 months in relevant working experience is required. Such employment may have been during examination, during the period of examination or after examination.

Details of the ACCA Course Exam

  • The ACCA tests are available four times a year, in the month of March June, September, and December, so applicants may sit anytime it is most accessible to them. Nevertheless, there are a few standard components that you should consider when learning the specifics of the ACCA test.
  • Each test consists of two sections: Section A contains objective-style questions, while Section B consists of lengthy pattern questions. Each module has 100 marks, and passing requires at least 50% of the questions. Inaccurate answers do not result in a point deduction from ACCA.
  • Candidates with relevant degrees are excluded from several papers by the ACCA. For example, if you have a bachelor's degree in finance or accounting, you may be permitted to skip the main portions of the ACCA exam's first few papers. The quality and relevance of your previous qualifications determine how many exclusions you are eligible for.

ACCA Fees

The total amount of money needed includes registration fees, exam fees, and study material purchases. Many factors will influence the location of enrollment, including, though not limited to, the following:

Registration and Subscription Fees: registration fees and other additional fees

  • Initial Registration Fee: £89
  • Annual Subscription Fee: £134 (this fee is charged each year to every student to maintain their student status)
  • Ethics and Professional Skills Module:£79

Exam fees

The above exam fees vary according to the exam to be taken and time of examination registration (early registration, standard registration, or late registration). The examination fees can be provided in one group as follows:

  • Applied Knowledge Exams: £100-120 per paper
  • Applied Skills Exams: £125-150 per paper
  • Strategic Professional Exams: £196 to £ 266 per paper

Study Materials

Study materials include textbooks, practice platform, mock exams, revision kits, and online study resources, which cost between £300 and £600. Some learners may also take options for ACCA coaching classes, which will cost extra.

Total Estimated Cost

Looking at the estimates of costs incurred on registering completed, exam fees, and study materials costs, it can be concluded that the overall expenses to qualify as an ACCA will come in a range of 2000–3500 pounds, depending on exemptions, location, and study resources.

ACCA Certification

When candidates conclude all of the ACCA’s examinations and acquire the PER requirements, and females complete the Ethics and Professional Skills module, they’re granted the status of Chartered Certified Accountant. In simple context, this certification enables professionals to use the credentials ACCA after their names, and they can work as professional accountants.

Road Map to ACCA Certification:

  • Register for Supplementary Documents: Submit an application with the required documents and pay the registration fee.
  • Complete the Exams of ACCA: Pass the last 13 exams (or fewer, if eligible for exemptions).
  • Satisfy Practical Experience Requirement (PER): Complete at least 36 months of full-time relevant work experience in an approved capacity.
  • Ethics and Professional Skills Module: Develop your professional and ethical decision-making skills.
  • Seek ACCA Membership: Once the necessary requirements have been fulfilled, apply for ACCA membership to fully utilize practicing rights and ACCA professional qualifications.

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ACCA Syllabus

As per the syllabus, it can be noted that the ACCA consists itself of three levels, with each level being focused on specific aspects of either accounting or finance. The idea of bringing this course is to cross-enhance that knowledge and skill that each one of the students possessed to be practicing as competent, and ethical accountants for that matter.

Applied Knowledge

  • Business and Technology (BT): Comprehending organizational structure, governance, and environmental context.
  • Management Accounting (MA): Includes methods of costing, undertaking budgeting, and management evaluation.
  • Financial Accounting (FA): Covers the basic contents of financial statements such as income, assets, and cash flow statements.

Applied Skills

  • Corporate and Business Law (LW): Business law, law of organizations, and legal documents.
  • Performance Management (PM): Specialized costing and evaluation techniques.
  • Taxation (TX): Describes the structure of a taxation system and its objectives, including details of individual and corporate tax.
  • Financial Reporting (FR): Knowledge on the preparation of accounts for companies in the private sector as well as not-for-profit organizations.
  • Audit and Assurance (AA): How an audit and assurance practice is established: An introduction.
  • Financial Management (FM): Concerns all areas of capital management, investment, risk management, and capital sourcing planning.
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Strategic Professional

  • Strategic Business Leader (SBL): Managerial competencies, strategic competencies, and business integrity.
  • Strategic Business Reporting (SBR): Accounting standards and financial reporting at a high level.

Options (choose two):

  • Advanced Financial Management (AFM)
  • Advanced Performance Management (APM)
  • Advanced Taxation (ATX)
  • Advanced Audit and Assurance (AAA)

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About The Founder

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CA Vinod Chandran

Chartered Accountant

Vinod Chandran is a Chartered Accountant and certificate holder of specialized executive finance program from IIM, Lucknow. He started his professional career with Hindustan Aeronautics Ltd and played a pivotal role in pricing of many of the Helicopter projects and for finalization of major contracts under Ministry of Defence . Later on joined Capgemini, France at Top Management level. Vinod headed the commercial finance globally for tenure of 3 years. In addition, Vinod also handled the finance controller role of India operations of Century Link Technologies, USA.

Vinod is also an academician helped 1000s of students to become Professionals is a founder director of MyLogic, a leading finance professional training institution globally.

About Course Material

The course materials provided by ACCA aim at preparing the students for the examinations. These can be procured upon payment from the authorized vendors or learned through the online portals. The important study materials comprised of:

Study Texts

  • ACCA's official study materials: Capable of covering all necessary content.
  • Availability: Available in both hard copy and electronic formats.

Practice and revision kits

  • Revision Papers: Machiners provide revision papers and questions to aid in the preparation for the examinations.
  • Highlighted Answers: Answers are highlighted along with explanations to assist in comprehension.

Ethics and Professional Skills Module:

Within this module, students will assess and develop ethical decision-making skills pertinent to the ACCA qualification.

Online Study Tools

There are also several online websites that provide study tools such as video lectures, tests, and guides to facilitate preparatory and targeted tasks towards the ACCA Exam.

Online Resources

  • ACCA’s Learning Community: An interactive community of students and tutors who connect online.
  • Approved Learning Partners (ALP): Many organizations provide courses and preparatory materials to enhance performance in ACCA exams.
  • Mock Exams: Preparation test papers are available online via the ACCA web unit or from other companies.

The way school relates to the different materials when studying for the ACCA Exam is very important when it comes to combining different materials during studies. Other than the principles covered, there are various materials available that the candidates should target on an individual basis.

Offline ACCA Classes in Bangalore

Physical classes of ACCA have benefitted several students. It is a simple training room setting with all essentials required for students to focus and learn with ease. However, physical classes were temporarily suspended on account of the Covid-19 pandemic.

Procedure to register Physical classes

Registration form
Make the payment
Access to the materials
Later register with ACCA for exam
write the exam
Obtain certification

Why Choose MyLogic?

MyLogic is the leading coaching institute for professional finance courses. With highly qualified and experienced trainers and industry professionals, MyLogic does not leave a leaf unturned in enabling students achieve their goal. Here are highlights about MyLogic -

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Approved Learning Partner

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Advanced Learning Platform

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Physical Classes

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Affordable Quality Education

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Simulated Mock Exams

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Placement Assistance

Assignments & Exam Practice Sessions

Assignments and practice questions are incorporated in the training to help students get a comprehensive understanding of the concepts.

MyLogic offers over 2000 practice questions which build confidence in the students and prepares them for the exam. Practice questions are the key to performing well in the exam.

What you get

Free Access to Online Mock Test, Question Papers, Alumni network, Interpersonal Skill development, Course Material, Profile Building

Access to Forum, Trending Topic Preparation, Quality Education, One 2 one doubt clearing session, Webinars, Animated videos.

Testimonials

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Neha Kapoor

"MyLogic's ACCA course exceeded my expectations! The structured curriculum and comprehensive resources helped me master the concepts. The support from instructors was exceptional, and I felt confident going into each exam. Highly recommend it!"

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Arjun Mehta

"The ACCA program at MyLogic was a fantastic experience. The interactive lessons and practical examples made complex topics much easier to grasp. I appreciated the flexibility of the study schedule, which allowed me to balance work and studies effectively."

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Priya Singh

"I am so grateful for MyLogic's ACCA course. The study materials were thorough and well-organized, which made my preparation smooth. The peer support and networking opportunities were invaluable. I passed all my exams on the first attempt!"

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Vikram Desai

"Choosing MyLogic for my ACCA studies was one of the best decisions I've made. The community atmosphere and expert guidance motivated me throughout my journey. The detailed feedback on assignments helped me improve continuously. I couldn't have done it without them!"

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Sanya Verma

"My experience with MyLogic's ACCA course was remarkable. The instructors were knowledgeable and approachable, making learning enjoyable. The mock exams were particularly helpful in preparing me for the real tests. I am now a proud ACCA member, thanks to MyLogic!"

Frequently Asked Questions

You may expect to finish the ACCA course in six months to two years if you pass all the tests on your first try. If you have two to four years of relevant experience, however, you can pursue the certificate in phases, giving you more time to work on it.

Mock exams, practice tests, question practice, performance tracking, support materials, blank workspace, and self-marking features are just a few of the tools available on the ACCA Practice Platform to help students with their exam preparation.

The completion duration varies depending on the student's pace; full-time students can complete the course in two to three years, while part-time students or working professionals may need three to five years.

Although it varies every paper, the average percentage of applicants who pass the ACCA exam is between 40 and 60 percent.

Indeed, it is recognised in more than 180 nations, making it a highly esteemed credential in the international arena.

Indeed, the way the ACCA course is structured allows students to work while they study. By providing time off for study or covering exam costs for staff members preparing for exams, internship establishments not only support but also promote the ACCA qualification of their employees.

ACCA holders can choose from a variety of fields, including audit, taxation, and financial advising, corporate finance, or management accounting. These fields are similar to those of public accounting firms, government agencies, nonprofit organisations, and multinational corporations.

Yes, both recent graduates and those in the workforce are eligible to complete their ACCA study after completing their plus two and earning the necessary grades in accounting and English.

No, as they are still enrolled in the ACCA tests, students can start accruing their 36 months of relevant work experience. The practical experience must be completed prior to, concurrently with, or following the exam process, which makes it easier to balance work and school commitments.

You must finish the registration process on ACCA Global's official website and Proceed with the registration and subscription payments after creating an account on the website. For assistance with the process, get in touch with a reputable coaching centre like MyLogic. Determine whether you qualify for any exemptions based on your degree, then begin by getting ready for the Applied Knowledge tests and Create a preparation schedule and spend money on high-quality study materials.

Depending on the region, any applicable exemptions, and the study tools available, the total cost, which includes registration, taking the test, and study materials, might range from Rs. 50,000 to Rs. 2,50,000.

It is possible for students to take more than one exam at once. You have seven years to pass all of the tests after you've attained the Professional Level, though.

You must diligently study the entire curriculum in order to pass on your first try. You also need to practise a lot of question banks and past year's question papers in order to comprehend the format and kind of the questions. Passing on the first try is always aided by receiving guidance.

Organise your time well, concentrating on two to three papers at a time, utilising efficient time management strategies, and Make better use of your time by using self-study materials and online courses. Remember that you must strike a balance between your studies and job schedules. To maximise your time, set aside your weekends for in-depth study sessions and going over important subjects.

Level 2 Applied Skills papers are difficult because they call for a deeper understanding of topics and how to apply them. You can do well by practicing previous papers and case studies.

Recognise important ideas, provide enough time to review, take practice tests, and Use ACCA resources, tutors, and peer interaction to keep oneself motivated. Consistency is key, as is time management. Break up your material into manageable chunks, practise previous exams, and stay current on test-taking strategies.

Globally, every industry requires ACCA affiliates, including the financial, accounting, and auditing industries. In recent years, globalisation has increased demand for ACCA-certified workers in Indian markets.

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