If you have just completed your B.Com or are about to complete it and if you are wondering what to do next, ACCA after B.Com may be a good choice. If you want to build a steady career and get international job opportunities ACCA certification will help you a lot.
In this article, we have laid out comprehensive details of ACCA certification and why ACCA after B.Com could be a promising career option.
ACCA or the Association of Chartered Certified Accountants is a global professional accounting body with more than 2,00,00 professionals and 5,00,000 students and is globally recognized in more than 180 countries. It is equivalent to CA qualification in India but ACCA holds importance globally and opens a pathway to global job opportunities.
Since ACCA focuses on using previous education and expanding upon it. Various papers of ACCA are exempted if you take the course after B.Com. The numerous global job opportunities that it opens may be a perfect kick-start for your career, so ACCA after B.Com will prove to be a great choice for you.
Acca Course Duration After Bcom
It takes around 2-3 years to complete your ACCA qualification after B.Com. However, it depends upon the individual preference and study pace. If you have completed your B.Com all three papers of the ‘Applied Knowledge Level’ and ‘Corporate and Business Law’ paper of the ‘Applied Skills Level’ of ACCA are exempted.
That’s a total of four exemptions out of the total of thirteen papers. So you only have to give nine papers. These exemptions may lead to a decrease of around 6 months to 1 year in the ACCA course duration after B.Com.
Eligibility Criteria For Acca After Bcom
Students who have completed B.Com from a recognized university are eligible for the ACCA qualification. And are given exemptions in various papers. So graduation is the only prerequisite for ACCA after B.Com eligibility.
Acca Syllabus After Bcom
ACCA exams are divided into three levels These levels further contain various subjects and the candidates need to pass every subject to get their ACCA certification. However, the ACCA syllabus after B.Com does not contain papers from the ‘Applied Knowledge Level’ and also one paper from the ‘Applied Skills Level’ is exempted.
‘Corporate and Business Law’ paper of the ‘Applied Skills Level’ of ACCA is exempted along with all the papers of ‘Applied Knowledge Level’. The numerous papers included in ACCA after B.Com are-
Applied Skills Level:
- Performance Management
- Taxation
- Financial Reporting
- Audit and Assurance
- Financial Management
Professional Level:
- Strategic Business Leader
- Strategic Business Reporting
- Advanced Financial Management
- Advanced Taxation
- Advanced Performance Management
- Advanced Audit and Assurance
Out of the last four papers of the ‘Professional Level’ candidates only have to appear in two papers of their choice. Hence a candidate only has to appear in 9 out of 13 papers while giving ACCA papers after B.Com.
Make your choice wisely
IKKA CLASSES RECENTLY GOT RECOGNISED FOR BEST COURSES IN ACCA AND FINANCE
How Many Papers Are There In Acca After Bcom?
The ACCA syllabus after B.Com only contains 9 papers out of the total 13 papers. 4 papers of ACCA are exempted for candidates who have completed their B.Com. All the papers from the ‘Applied Knowledge Level’ and also one paper from the ‘Applied Skills Level’ are exempted.
Acca Exemptions For B.Com Graduate
All the papers from the ‘Applied Knowledge Level’ of ACCA exams and also one paper which is ‘Corporate and Business Law’ from the ‘Applied Skills Level’ are exempted for B.Com graduates. That amounts to a total of 4 exemptions out of 13 papers in the ACCA syllabus after B.Com.
Advantage Of Doing Acca After B. Com
ACCA after B.Com is a great choice to kickstart your career and get numerous job opportunities. ACCA is a globally recognized qualification that holds value in more than 170 countries. ACCA qualification helps one to get jobs in countries like Dubai, Australia, etc. As the qualification is recognized in most of the large MNCs, you can achieve your goal of working abroad and land your dream job.
Big companies like Ernst & Young(EY), PricewaterhouseCoopers (PwC), Deloitte, and KPMG give preference to ACCA-qualified individuals making it easier to land a job in these accounting firms. As well as you can also get placed in MNCs like Tata Grant Thornton, Embassy Group, and Pepsico as they look for ACCA-qualified individuals.
Job Opportunities After Acca
Due to globalization, regulatory changes, and technological advancements, there is a growing demand for people who have a solid knowledge of international accounting principles. Hence increasing the opportunities for ACCA-qualified professionals.
There are numerous other jobs apart from accounting as well, that you can do after clearing ACCA papers after B.Com. Some of the jobs you can take up after completing your ACCA qualification are-
- Financial Analyst
- Audit and Assurance Manager
- Tax Consultant
- Forensic Accountant
- Financial Controller
- Corporate Treasurer
Frequently Asked Questions About Acca After Bcom
It takes around 2-3 years to complete your ACCA qualification after B.Com. However, it depends upon the individual preference and study pace. 4 papers out of 13 are exempted from the ACCA syllabus after B.Com. These exemptions may lead to a decrease of around 6 months to 1 year in the acca course duration.
There are a total of 9 papers in the ACCA syllabus after B.Com. Since 4 papers are exempted for the B.Com graduates.
All the papers from the ‘Applied Knowledge Level’ of ACCA exams and also one paper which is ‘Corporate and Business Law’ from the ‘Applied Skills Level’ are exempted for B.Com graduates. That amounts to a total of 4 exemptions out of 13 papers.