AACCA qualifications are a great way for those who have been working in the finance sector to gain an edge over those who hold purely formal tertiary degrees.
Acca qualifications can be obtained through part-time study as these courses generally take about three years to complete, and the combination of studying and working full time is usually what it takes to succeed. Below is what you need to know in understanding acca qualification.
There are several acca specialisations that are recognized globally throughout finance, especially in areas such as management accounting, financial planning or audit. This is why acca qualification holders are in high demand when it comes to senior positions within companies around the world.
The following list shows some of the many qualifications that AACCA has available: AAT Level 4 Professional exams Certificate in Management Accounting (CIMA) Certified Internal Auditor (CIA) Diploma in Financial Planning (CIIP) ICAEW Foundation Level Program ICAEW Professional Level Program ACA Accounting and Taxation Accreditation This list is by no means exhaustive, and AACCA has even more qualifications available to those looking for a career change.
People with acca qualifications hold an average salary of $67,000 per year, which naturally varies depending on the industry that one may choose to focus on. Other than this financial incentive, there are several other reasons why obtaining acca qualification is well worth it: It gives you vital skills such as communication and data analysis that can be applied in any job. It allows you to make business decisions based on good knowledge. It increases your chances of getting a promotion, especially if you already hold an accounting qualification. It is quite simple to fit studying for acca qualifications around the daily routine of work and family life.
It is advisable to plan your studies well, taking into consideration how much time can be dedicated each day or week towards studying. Taking notes as you go along, helping yourself with a dictionary and other reference materials will all come in handy later on during exams. You should also consider doing regular mock tests before the actual exam so as to become accustomed to what it will feel like sitting those papers.
While acca qualifications may not necessarily guarantee that you get a high-paying job straight away, it sure does look good on any future application!
The Accreditation of Accounting qualifications is a way to gain an upper hand in the job market for finance professionals. Part-time degree courses, which are about three years long, are required to become accredited . There are several specializations offered by AACCA that are recognized globally throughout sectors such as management accounting, financial planning or audit. This is why acca qualification holders have higher chances at getting senior positions within companies around the world. Some of the many qualifications that AACCA offers include AAT Level 4 Professional exams, Certificate in Management Accounting (CIMA), Certified Internal Auditor (CIA), Diploma in Financial Planning (CIIP), ICAEW Foundation Level Program, ICAEW Professional Level, ACA Accounting and Taxation Accreditation and ICAEW ACCA Accreditation. This list is not exhaustive, and AACCA has even more qualifications available for those looking for a career change.
People who hold acca qualifications earn an average of $67,000 per year which varies with different industries that one may choose to focus on. Besides the financial incentive, there are several other reasons acca qualification holders should consider obtaining them including: vital skills such as communication and data analysis that can be applied at any job; making business decisions based on good knowledge; a promotion which increases your chances if you already have accounting qualifications; It is simple to fit studying around daily routines of work and family life.