Association of Chartered Certified Accountants (ACCA) is the global body for professional accountants and provide ACCA affiliate certificate. Being an ACCA student is the first step for ACCA member. The ACCA is founded in 1904 offers the Chartered Certified Accountant qualification.
ACCA Affiliate Information
The ACCA qualification trainees who have passed their exams but not yet qualified for membership are called ACCA affiliates. ACCA affiliates are those who are yet to complete ACCA’s practical experience requirements. If you are an affiliate then you must note the following regulations.
Prohibition on Practicing
As an ACCA affiliate, you must work as an employee under the supervision of a principal falling within ACCA’s definition of public practice, even where this is carried out on an honorary basis. You may, however, offer basic bookkeeping services directly to the public, as set out below, provided you do not refer to your affiliate status or potential membership of ACCA:
- Payroll services
- The preparation of management and other accounts for use solely by the client and not a third party.
As an affiliate, you are not allowed to use the designatory letters ‘ACCA’, this letter is reserved for the ACCA members and have achieved the required practical experience with their exam. You may refer to yourself as having affiliate status but may not use the designatory letters after your name or refer to yourself as an ACCA member in any context. Affiliates who do so disciplinary action may be taken.
ACCA affiliate certificate
This certificate confirms that the person has completed the ACCA examinations and holds affiliate status. ACCA affiliate certificate confirms that the person is required to obtain experience of three years to apply for ACCA full membership.
ACCA affiliate salary is different in different countries but in India, it is Rs.35K to Rs.40K per month.
Students usually have doubt between the ACCA affiliates and ACCA member. So following are the points of ACCA Affiliate vs. Member
- ACCA member is those who have completed the exams, completed the online Professional Ethics and must possess three years of practical experience in relevant field.
- ACCA affiliates are those who have completed examination and ethics module.
- To become ACCA member you must complete all the three criteria which were possessed by ACCA member.
Online ACCA Coaching
SuperProfs is a Silver Learning Partner of ACCA, and provides an all-round online coaching by Most Experienced Professors.
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