What is the purpose of learning ACCA ?

Anybody who is passionate about accounting, as well as finance, would definitely want to become a chartered accountant or own a firm to provide accounting and consulting solutions to corporates or so. As all of us know, a chartered accountant is one of the coveted positions that anyone can dream to achieve. 

But CA examinations are considered to be one of the toughest examinations across the world. Although one can take a lot of efforts and aspire to become a CA, if he or she wants to expand their horizons with respect to their career, the ACCA course is one of the best choices.

The following points will state the purpose of learning ACCA :

International qualification: 

The ACCA is truly an international qualification as it is recognized by over 170 countries as one of the legal qualifications and a qualified ACCA member gets to work in any of the countries that recognize ACCA as a professional qualification.

The flexibility of the course: 

ACCA as a course does not demand the aspirants should join an institute to learn the course or so. This is not the case for the CA exams because many of the students prefer to take up classroom coaching in order to prepare for the same. There are a lot of institutes that offer the ACCA course online and students can take advantage of this option because they can learn the course from anywhere at their own convenience. Moreover, the ACCA gives the freedom to complete the course in 10 years from the time of registration.

Comprehensive coverage of the course: 

ACCA focuses on both accounting as well as finance. A qualified ACCA member has a holistic idea and knowledge of both the areas and this leads to their overall professional development. The ACCA qualification is based on international accounting and auditing standards which are accepted in most of the global countries. 

Growing demand for ACCA qualified professionals: 

There are a lot of multinational companies who have a global presence and they demand qualified ACCA members to be a part of their organization. This is because the ACCA qualification helps one acquire the technical as well as the management skills that are required of a chartered accountant. The ACCA course also prepares one to work in a rapidly changing environment.

Career prospects: 

If you are willing to explore career opportunities in finance and accounting in abroad countries, ACCA is a mandatory qualification. You get to work in one of the global countries as auditor, tax consultant, financial advisor, business consultant, subject matter expert, and so on.