Those who have passion for accounting and finance may have already heard of the Association of Chartered Certified Accountants or ACCA. This non-profit organisation is known all over the world as an accounting body that strives to equip their members and prospective applicants with top-notch business-oriented skills that will propel their careers in accountancy, management, and finance. Companies, enterprises, the accountancy profession, and even governments have huge respect for the ACCA and its ideals. This support is one of the main reasons why ACCA continues to evolve and develop better standards for the world's accountants.
Having been around for more than a hundred years, its long-standing history is certainly one of the reasons why ACCA has gained its reputation for being the best across the globe. Over 170 countries now have ACCA centres and offices, and they are using international accounting standards to spread the knowledge and skills in these various areas. Although they are known for being global, they also offer papers that are tailored to the area's local laws on tax, financial accounting, and auditing. The aim of ACCA is to provide globally-acknowledged qualifications that can be applied to local settings as well.
There are many reasons why ACCA qualification is good for the aspiring accountant. Here are some reasons why ACCA studies and training will pay off for any applicant in the long run:
Gain Opportunities.
Applying for ACCA membership means you have to work hard to further improve your skills and knowledge on accounting. Not only will you be studying for the qualifying exams, but you are sure to be exposed to finance and accounting-related work environments. This is because one of the requirements for membership is at least a 3-year work experience. The added knowledge and experience will allow you to gain more opportunities even before you pass your qualifying exams, which is why ACCA membership is really beneficial even if you're still in the application process.
Access To Comprehensive Skills And Knowledge.
Taking on the ACCA challenge means that an applicant will get to be familiar with accountancy and other related fields. Aside from the basics of accounting, ACCA training also covers management and technical skills that accountants are required to possess. These include financial reporting, financial strategies, and decision-making skills. Also included in the exams are practical case studies, making would-be members more adept with handling situations at work.
Be Confident And Competent.
Because the application entry of ACCA requires at least 3 years of accounting experience, aspiring members get to be more confident in doing their job. Knowing how to perform in a workplace gives ACCA applicants an edge in accounting and business matters. This is the reason why ACCA training and education is revered all over the world; as it is well-known for producing top-notch accountants and financiers that are not only career-competent, but versatile and innovative as well.
Have Globally-Recognised Qualifications.
Another reason why ACCA qualification is advantageous to aspiring accountants is because aside from the fact that it is known on a global scale, the examinations are also developed based on international auditing and accounting standards. This means that its members are highly qualified for finance and accounting wherever they go.
Be In Demand.
The ACCA qualification is well-respected across the globe. For this reason, those who become members of ACCA are certainly in demand because they are recognised to have the best finance and accounting skills in the world.
Author Resource:
Aidilawangteh is an expert ACCA tutor and knows WHY ACCA by heart. Click HERE for full info of this field.
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