Choosing a career after completing 10+2 education can be daunting. However, the ACCA online courses offer a range of courses and certificates for people at different stages of their careers.
An ACCA member has the freedom to balance a fulfilling personal life with a career in accounting, consulting, or finance. The ACCA course is a great option for people wishing to advance their skills because it caters to both amateurs and experts.
So, if you're unsure of your future course of action, consider the ACCA online courses to unlock a rewarding career.
What is ACCA?
ACCA stands for Association of Chartered Certified Accountants. The Chartered Certified Accountant credential is offered by this international professional accounting body. ACCA maintains its global headquarters in London, United Kingdom.
The ACCA qualification is a professionally recognized classification in the areas of accounting, finance, and business management. ACCA is designed to give students the information and abilities they need to succeed as finance professionals in the global corporate environment.
Students can learn about a variety of financial topics through ACCA, such as financial reporting, management accounting, taxation, auditing, and business analysis.
ACCA in Nepal
ACCA has a substantial presence in Nepal, where many professionals and students are pursuing the qualification.
There are various ACCA approved learning providers in Nepal that offer training programs and courses designed to help students in the preparation for the exams. These educational institutions offer a range of study alternatives, including online learning, independent study, and classes with tutors.
The study option that best satisfies a student’s needs and preferences is their choice. Students who opt to study ACCA in Nepal will gain access to a wide range of opportunities and resources to support their career success.
ACCA Course Structure
The ACCA course is divided into two levels: Fundamentals and Professional.
The Fundamentals level includes two modules: Knowledge and Skills. The Knowledge module comprises three papers: Business and Technology, Financial Accounting and Management Accounting. The Skills module consists of six papers: Audit and Assurance, Corporate and Business Law, Financial Reporting, Financial Management, Performance Management and Taxation.
The Professional level is also divided into two modules: Essentials and Options. The Essentials module includes three papers that are mandatory: Strategic Business Leader, Strategic Business Reporting, and Ethics and Professional Skills.
The Options module consists of four papers, of which students are required to choose two: Advanced Financial Management, Advanced Performance Management, Advanced Taxation, and Advanced Audit and Assurance.
Furthermore, students are required to complete a minimum of three years' relevant practical experience before being eligible for ACCA membership.
Reasons to Choose ACCA after 10+2
One of ACCA (Association of Chartered Certified Accountants)’s main advantages is its widespread awareness. With approximately 219,00 members and 527,000 students in 179 nations, the organization has a substantial presence in many nations.
This means that no matter where you are in the world, there is probably a network of ACCA professionals nearby who can connect you with others and help you find employment prospects.
Being an ACCA member has several benefits, one of which is the high regard that companies in all countries have for the qualification. Top firms in the finance sector place a high value on ACCA members, and the qualification opens job opportunities in different parts of the world.
Potential for High Earnings
The high earning potential for ACCA members is a result of the ACCA qualification’s broad awareness in the finance sector.
The average pay of an ACCA member is 36% greater than that of a non-member, according to a survey conducted by ACCA. As a result, ACCA members can anticipate earning a salary that is much higher than that of their non-qualified peers.
This is because businesses are respectful of the ACCA identification, which is recognized as a mark of excellence and professionalism in the finance industry.
Members of the ACCA are given the knowledge and abilities necessary to excel in a range of positions, including those that are desired by employers, such as auditing, accounting, financial management, and consulting.
The ACCA qualification offers significant chances for career advancement and prepares students for senior roles in business and finance. Members of ACCA are given knowledge and abilities needed to take on leadership positions in corporate management and finance.
ACCA’s focus on ethics, professionalism, and the latest industry trends and best practices prepares members to take on challenging roles in a variety of industries. ACCA members have the opportunity to advance swiftly in their careers.
In order to keep its members informed of the most recent business trends and best practices and to ensure that they are constantly prepared to take on new challenges and progress their careers, ACCA offers continual professional development opportunities.
Another major benefit of studying ACCA is its flexibility. Students can select the study option that best fits their needs and circumstances thanks to the diverse study alternatives offered by ACCA. This flexibility makes it easier for students to balance their studies with other duties like employment and family obligations.
Students at ACCA have the choice of studying full-time, part-time, or even online. They have a wide range of options to choose from when it comes to the various modes of study, including independent study, online learning, and classroom-based instruction. This makes sure that students can choose the type of study that best suits their preferences and learning style.
The curriculum of ACCA is specifically designed to fulfill the needs of the financial industry and it includes a wide range of topics that are of immediate interest to the sector. The goal of the curriculum is to give students a thorough understanding of the fundamental ideas and techniques of finance, including financial reporting, taxation, auditing, and business analysis.
To make sure that students are prepared to handle the changing needs of the finance industry, the syllabus is routinely revised to reflect the most recent trends and best practices in the field.
With the ACCA qualification’s practical emphasis, students not only gain theoretical knowledge but also practical skills that are crucial for success in the field.
ACCA Course : Exams
ACCA exams in Nepal can be taken four times a year, in March, June, September, and December. The exam format combines computer-based exams (CBEs) and paper -based exams (PBEs), with the option for students to take the exams in whatever sequence they desire.
The exam schedule for the ACCA exams in Nepal is made public long in advance, enabling students to make appropriate plans and preparations for their tests. Students can pass the ACCA examinations and get an internationally recognized credential that will help them develop their careers in the finance and accounting industries with adequate planning and direction.
Online ACCA Course with Sterling Wells - Your Ultimate Savior
Having learned about the important advantages of pursuing the ACCA online courses for further studies, we hope that we have given some clarity amidst the confusion surrounding the decision to choose a career path. After completing your 10+2 schooling, students with a keen interest in accounting and finance should strongly consider enrolling in the ACCA program.
The qualification offers a route to secure a career with lots of room for professional development. Choosing ACCA as a career path can provide you with a much-needed break from the continuous brainstorming and decision-making about what to study further.
So now if you are done with the confusion and hesitation and want to make a significant move towards a rewarding career in finance and accounting, do not wait any longer.
Sterling Wells Education Group offers ACCA online courses, making it simpler for students to sign up and begin their journey to a rewarding career in accounting. Students get access to a top-notch education through Sterling Wells' collaboration with BPP Education Group.
Enroll in the ACCA online courses offered by Sterling Wells and start your journey towards success.
Frequently Asked Questions
To begin your ACCA studies, you'll need to register first. According to ACCA Global, the registration fee is £45 (NRs. 7,402.11), and if you need to re-register, the fee is £89 (NRs. 14639.73). Additionally, the standard annual subscription fee for 2023 is £122 (NRs. 20067.95), while the fee for the first year is £80 (NRs. 13159.31). If you're a first-time student, the total fee for the first year would be around £125 (NRs.20561.42).
However, keep in mind that these fees may differ if you decide to register through a different learning provider.
To be eligible to pursue an ACCA qualification, applicants must meet the minimum entry requirement of at least two A Levels and three GCSEs (or equivalent) in five separate subjects, which must include English and Math or complete their +2 studies.
Yes, you can study for ACCA online through various training providers like us. Many accredited universities also offer online courses for ACCA, providing students with the flexibility to study at their own pace and convenience.
Online courses often offer the same curriculum and resources as traditional classroom courses and allow students to access study materials, participate in discussion forums, and interact with tutors through tutors. virtual online platform. However, it is important to ensure that the online learning provider is ACCA accredited to ensure the quality and validity of the course.
The duration required to complete the ACCA qualification depends on several factors, including the candidate's educational background, the pace of study, and number of eligible exemptions. Regardless, on average it takes about 3-4 years to complete all 13 exams that make up the ACCA credential.
A student can study at their own pace and take the exams in any order, but they must complete all exams within 10 years of initial enrollment. In addition, students who qualify for exemptions based on previous qualifications or work experience may be able to complete their qualifications in less time.
According to recent labor market trends, the average salary for ACCA qualified professionals in Nepal is around 500,000 to 1,500,000 NPR per year. However, it is important to note that actual wages can vary depending on various factors such as work experience, location, industry, and employer. In addition, ACCA graduates with more experience and qualifications may demand higher salaries.