How can an ACCA qualification boost your accounting career?

Jun 16, 2024 | ACCA

Do you have a knack for numbers and a drive to succeed in finance? If so, the ACCA qualification can be your key to unlocking a world of opportunity. Recognized around the globe and held to the highest standards, the ACCA program equips you with the skills and knowledge to soar in your accounting career. In this article, we’ll dive deep into how the ACCA qualification can propel you to new heights in the accounting profession.

GLOBAL EXPOSURE

One key advantage of obtaining an ACCA qualification is its Global Recognition. ACCA is one of the world’s fastest-growing bodies of accountants who have been instrumental in building today’s business world. The ACCA is recognized and respected in over 180 countries, making it one of the most prestigious qualifications in the accounting profession. ACCA has more than 233,000 qualified members working in every sector imaginable. With more than 536,000 future members, this is one big growing organization. This extensive network provides numerous networking opportunities that can help you connect with professionals from different industries and expand your career prospects internationally.

Benefits of Global Recognition:

  • Recognized and respected in over 180 countries
  • Extensive network for connecting with professionals worldwide
  • Expands career prospects internationally

JOBS IN VARIOUS DOMAINS

One of the significant advantages of ACCA certification is the diverse range of Job Opportunities. With ACCA, you are not limited to mainstream accounting-related jobs. ACCA-certified professionals are equipped with the knowledge and skills necessary to excel in various roles within the accounting and finance field. These roles can include:

  • Auditing
  • Finance & Accounting
  • Corporate Finance
  • Risk Management
  • Consulting & Advisory
  • Taxation

This opens doors to more career opportunities than a typical accounting qualification.

CONTINUOUS PROFESSIONAL DEVELOPMENT

The accounting profession constantly evolves, with new regulations, technologies, and business practices emerging regularly. Continuous professional development (CPD) is essential to stay ahead in this ever-changing landscape. As an official ACCA member, you must complete at least 40 hours of Continued Professional Development (CPD) annually. This commitment to CPD ensures that ACCA members are up-to-date with industry trends and best practices.

INCREASE YOUR INCOME POTENTIAL

ACCA qualification allows you to negotiate a higher salary and boosts your earning potential. According to the average polls conducted by Indian job platforms in 2022, the ACCA pay range in India for new graduates is between 7 and 9 lakhs per year.

Earning Potential with ACCA Qualification (India):

  • Accounting and auditing sector -₹ 19.5 lakh per year
  • Taxation sector -₹18.4 lakh per year
  • Financial reporting sector -₹ 18.6 lakh per year
  • Internal audit sector -₹ 17.9 lakh per year

The ACCA salary in India for freshers is ₹ 8.2 lakh per year. The values above represent the average pay of an ACCA-qualified accountant. The wage is determined by numerous criteria, including the organization’s size, experience, and location. The salary of ACCA members in the accounting and auditing business is higher than in other sectors since they provide services to the company, such as financial statements, taxes, and audit reports.

So Ready to Take the Next Step?

PrepperLearn can guide you on your journey to becoming an ACCA-certified professional. We offer a comprehensive ACCA course designed to give you the support you need to succeed. Expert Instructors, Comprehensive Study Materials, and Supportive Environment. Don’t wait to unlock your potential. Explore the world of possibilities with an ACCA course from Gurukul Education.

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