Providing a strong grounding in accounting principles, the qualification opens the door to a wide range of career paths across different countries and industry sectors, as well as the ability to work in practice. The rationale behind this move was that it wanted a technician level qualification which followed the same strategic direction of the ACCA qualification, i.e. ACCA chartered accountants are highly respected. ACCA is an acronym that stands for the Association of Chartered Certified Accountants who are the international body that oversees professional accountants.. The ACCA qualification is also seen as the broader and more international of the two. Assets are classified into tangible and intangible Assets, Current and Non – Current Assets. The ACCA or the Association of Chartered Certified Accountants is a body that recognizes the qualification of a CA. ACCA has its head office in London and the principal administrative office in Glasgow. The single most important difference between them is that a CA(SA) is a local qualification, whereas ACCA is an international qualification, or a global professional degree. Home » Accounting » Definition Assets Assets are the resources owned by a business or person which have future economic value that can be measured can be converted in monetary value (i.e. The qualification is based on international Accounting principles and is the key regulatory bodies of international accounting. ACCA Qualification The ACCA Qualification gives you the most up-to-date skills you need to become a finance professional. It helps you to master technical and management skills that are required of a chartered accountant. There are many similarities between the curriculum of ACCA and CA(SA). If you have two A Levels and three GCSEs in five separate subjects including English and maths (or equivalent qualifications), you can start your studies at the ACCA Qualification, which is ranked at Masters level and on completion you'll become an ACCA member. Its syllabus covers fields such as taxation, auditing, law, business studies, professional and ethical issues, financial management, financial reporting, and management accounting. The Association of Chartered Certified Accountants (ACCA) is one of the most recognised qualifications in the world of accounting. But it gives you a much deeper and more rounded approach than the purely technical. Once you are a Chartered Accountant, the qualification will be recognised and valued by potential employers worldwide. Since we were founded in 1904, we have expanded to over 1500 staff in 50+ countries, meaning we’re a truly global organisation. This would mean that a school pass-out may have to write all 13 exams for him to qualify as an ACCA member, but a professionally qualified accountant seeking to do the ACCA qualification may only be writing 4 papers to be a qualified ACCA member. The three stages of ACCA are Applied knowledge (Diploma), Applied Skills (Advance Diploma) and essentials. The ACCA Qualification is the world leading accountancy qualification for aspiring financial professionals - providing students with the skills, knowledge and values to have successful careers and lead the organisations they work with into the fut… Applied Knowledge and Applied Skills. There's no "right" or "wrong" qualification to choose, but making a smart choice that suits you best from the options available to graduates can be key to long-term success. ACCA Course or Qualification is offered globally by the Association of Chartered Certified Accountants of UK, a global body for professional accountants. Learn more about our Strategic Professional exams. Support offices/centres exist over 100 countries. An ACCA Qualification is a path that leads to becoming an internationally recognised Chartered Certified Accountant, and can take your career in any direction. To be eligible to register for ACCA qualification, students should have qualified their 10+2 examinations with an aggregate of 65% in Mathematics / Accounts and English, and a … ACCA has more than one hundred years of reputation of more than 7500 satisfied employers across the Globe. ACCA is a highly respected accountancy body and therefore, students who have the qualification have an extensive number of employment opportunities available to them. There are three key professional qualifications that provide routes into the accounting world: the ACA, the ACCA and CIMA. ACCA was a sponsor of the AAT before breaking its links in the mid-1990s in order to form the CAT qualification. 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