Last week during our webinar on finance courses, a lot many of the students asked us what is the ACCA full form. ACCA stands for: Association of Chartered Certified Accountants. ACCA is a global body that offers Chartered Certified Accountant qualification. It is one of the most respected professional accounting bodies worldwide. Here are some key facts about ACCA. We hope, you’ll enjoy reading it.
ACCA Full Form: Some Interesting Facts
- Founded in 1904 as the London Association of Accountants
- ACCA has 188,000 members and 480,000 students in 178 countries as of 2016
- ACCA’s Headquarter is in London
- There are 7,100 Approved Employers worldwide who recognize and hire ACCA qualified professional
Financial Accountant: The job role of a financial accountant mainly involves managing the firm’s accounts and financial income. They are responsible for analyzing the outcomes of the company and hence advice on improvements needed. As an ACCA, one can designate himself as a financial accountant by applying for financial accountancy.
Chartered Accountant: A Chartered Accountant designation is considered as one of the most prestigious ACCA designation across the world. A CA’s job role is to manage the company’s accounts, audits, manage taxation, etc. ACCA qualification certifies one as Global CA who can practice it from home, join a firm or can start his own firm. ACCA Careers have made charted accountancy a more lucrative job role.
Auditor: An auditor investigates errors and gaps in the whole finance function of a business or an organization, even the smallest mistakes. An auditor’s responsibility is very crucial. They are not just highly paid, but are also very reputed. ACCA qualification trains its members in auditing and helps them specialize.
Tax Domain: ACCA has created multiple tax-related domains and hence an ACCA qualified can work as a tax consultant, tax advisors, taxation officers and tax analysts. With regular amendments in taxation policies, the taxation consultants or professionals are not just required to be smart but updated, analytical and ethical.
Management Consultant: The key role of a management Consultant is to help the organization improve their performance. This has to be done primarily through an analysis based on existing outcomes.
Financial Planner: As the name suggests, financial planners are responsible building strategies for the firm in order to reach the set goals. These goals may include a review of income, investments, debts, assets, etc.
Hope, you were able to get information beyond ACCA full form, and understand some key aspects regarding ACCA. These are only a few roles or ACCA designation that one can aspire for as ACCA Careers. There many other ACCA career prospects or ACCA career opportunities one can take up once the qualification is achieved. ACCAs can work in either private or public sector and can expect a good salary.
Join SuperProfs ACCA classes:
SuperProfs.com is a Silver Learning Partner of ACCA in India. SuperProfs is running live classes for ACCA currently where Industry’s Best & Most Experienced Trainers for ACCA are taking classes. SuperProfs encourages its students to refer BPP Learning Media ACCA books along with the classroom learning for best results.
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