Top 10 Reasons to Study for ACCA Certification

Association of Chartered Certified Accountants or ACCA is a leading international accounting body. In order to get ACCA certification its members are required to pass a series of examinations so as to qualify. The qualification is internationally recognised too. The examinations covers various aspects of business management right from purely technical matter such as cost accounting and bookkeeping to more theoretical aspects such as theories of risk and motivational theories.

ACCA professional course requires extensive study of ACCA course details. While studying for ACCA certification one must plan well and execute it effectively.

There are various reasons to study the ACCA professional course:

1. Cost effective: It is one of the most efficient and cost effective way to increase knowledge and professionalism. Not only the candidates acquire specialized knowledge in accounting and finance they also acquire valuable knowledge in organisational strategy and management. This results in increasing the career prospects of the employee.

1. Comprehensive: the syllabus that one is required to cover for getting ACCA certification is a comprehensive programme in financial management skills. It will help in achieving the range of competencies that is required in a finance team. With the ACCA qualification the candidate get knowledge about variety of subjects such as:

• Financial Strategies

• Financial Reporting

• Management decision making

Not just theory the candidate gets to learn several practical aspects as well.

1. Effective in finding business solutions: Accountants who can understand about the financial needs of business and who can also evaluate and present business solution effectively are in demand. With ACCA qualification the candidate is equipped with knowledge and skills which are dynamic and diverse. The curriculum includes audit, tax, and core accounting subjects as well as business law.

1. Measure of competence: In ACCA curriculum the traditional accounting skills are combined with forward looking syllabus. This helps in recognizing that finance professionals are required to demonstrate excellent communication skills, strategic thinking, people skills and fluency with information technology.

1. Flexible: The ACCA qualification is quite flexible. It not only offers flexible entry requirements but also offers flexible study options that enable study to be planned around business needs

1. Practical experience: During ACCA curriculum emphasis is also placed on giving candidates sufficient practical experiences. The reason being employers would like to know about an individual’s workplace performance.

1. Based on international standards: The qualification is based on international auditing standards and accounting. Hence the candidate will be eligible to work in any country.

1. Truly Global: With members in more than 170 countries the accounting qualification is truly global. It is a programme that tracks the needs of employers as well as the industry.

1. Recognition worldwide: ACCA certification has achieved reorganization worldwide by building relationships with organizations such as:

• governments

• local and multinational companies

• accounting bodies

• educational institutions

• entities such as the United Nations and the World Bank

1. Professional status: ACCA members are in demand all over the world for their skills, accounting and financial knowledge. Business partners and employers all around the globe respect and understand the qualification.

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