A complete overview of acca online course and classes in Mumbai

Do you wish to become a certified chartered accountant in India? In that case, choosing to join an acca online course and classes in Mumbai would be the best decision for your career. ACCA, or Association of Chartered Certified Accountants, is a globally recognized course with students exceeding 100,000 landmarks across 180+ countries. This online course is popular for providing the largest recognized professional accounting qualification worldwide. For students who want to build a successful career in the financial sector abroad, enrolling in an ACCA course would be a wonderful choice. Most of the qualified ACCA professionals are hired in top accounting firms across a variety of roles. Their insight and financial prowess are important for a company to operate smoothly in changing financial conditions.

Eligibility criteria for ACCA course

Before enrolling into acca online courses and classes in Mumbai, learning about its eligibility criteria would be important. Upon understanding its eligibility criteria, you will be able to seamlessly complete the process of registration.

•     Students who have completed their 10+2 examinations and secured aggregate marks of 65% in Mathematics or Accounts and English. While also securing a minimum of 50% marks in other subjects, they can easily register themselves for ACCA courses.

•     On the other hand, students who have cleared their class 10 examinations cannot directly register themselves for the ACCA course. However, they can apply for the ACCA course through the Foundation in Accountancy route.

Exemptions offered in ACCA course

Even though the minimum eligibility criteria for students to register in the ACCA course is completing class 12th. The candidates who have pursued higher education would be able to get some level of relaxation in choosing to complete the ACCA course. Some of those exemptions have been talked about in the points below:

•     Class 12th

The students who have cleared their 12th class wouldn’t be offered any exemptions. They would have to sit in all 13 papers and clear each one of them to acquire the professional certification in the ACCA course in India.

•     Commerce graduate

Interested candidates who have completed their graduation in commerce would have to appear in 9 papers. Meanwhile, four papers would be exempted from their ACCA course examinations.

•     MCom Post Graduate

Similar to commerce graduates, the students with MCom and postgraduate degrees would have to appear in 9 papers. At the same time, getting exemptions in four papers.

•     CA (Both groups)

People who have cleared two groups in chartered accountant exams would have to sit in 8 papers. At the same time, getting an exemption from 5 papers in ACCA examinations.

•     CA

Students who have already become chartered accountants would have to appear in only four papers. Meanwhile, getting an exemption from 9 papers in the ACCA course.

Syllabus of ACCA

You need to understand the ACCA syllabus to seamlessly complete this course once you have enrolled in one. The ACCA online course and classes in Mumbai are known for following a syllabus that consists of three levels, where each one needs to be completed one after the other. The 13 exams have been divided into three levels: Knowledge, Skill, and Professional. Each of those levels has been discussed in the points below.

•     Knowledge level

Accountant in Business

Management Accounting

Financial Accounting

•     Skill Level

Corporate and Business Law

Performance Management

Taxation

Financial reporting

Audit and Assurance

Financial Management

•     Professional Level

Strategic Business Reporting

Strategic Business Leader

Advanced Financial Management

Advanced Performance Management

Advanced Taxation

Advanced Audit and Assurance

Scope of ACCA in India

In the last few years, the scope of ACCA in India is constantly increasing with greater opportunities on board. For any student who is interested in pursuing an online Finance and account course in India, the ACCA course would be a good choice. Most of the candidates who have completed their ACCA course from a reputable online institution of their choice have managed to garner numerous opportunities. The professional skills and vast knowledge about the financial sectors help those students reach their primary goals easily. Top companies like PwC, Deloitte, KPMG, EY, and Grant Thornton are some of those renowned companies that have continuously trusted the professional advice of ACCA experts.

There are plenty of job roles in which suitable candidates are hired in such top companies. Some of them are Accounting Advisory, Risk Advisory, Statutory Audit, Internal Audit, Forensic Auditing, Mergers and Acquisitions, Valuations and plenty more. Even those candidates who complete their ACCA online course and classes in Mumbai would be able to get job packages worth Rs. 5-8 lakhs. This would help them kick start their career seamlessly while ensuring minimum hurdles in their quest to achieve success.

Conclusion

If you have decided to pursue an ACCA course, doing so from reputed institutions present in Mumbai could be an excellent choice. Moreover, ACCA courses are recognized in 180+ countries, which makes them one of the most popular financial courses throughout India and abroad.