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FWI Global Provides Best ACCA Programmes In Calicut, Kerala India
Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA or FCCA). From June 2016, ACCA recorded that it has 188,000 members and 480,000 students in 178 countries. ACCA's headquarters are in London with principal administrative office in Glasgow. ACCA works through a network of 100 offices and centres and more than 7,100 Approved Employers worldwide, who provide employee development.
The term 'Chartered' in ACCA qualification refers to the Royal Charter granted in 1974. Chartered Certified Accountant is a legally protected term. Individuals who describe themselves as Chartered Certified Accountants must be members of ACCA and if they carry out public practice engagements, must comply with additional regulations such as holding a practising certificate, carrying liability insurance and submitting to inspections.
The Association of Authorised Public Accountants (AAPA), one of the British professional bodies for public accountants, has been a subsidiary of ACCA since 1996.ACCA works in the public interest, assuring that its members are appropriately regulated. It promotes principles-based regulation. ACCA actively seeks to enhance the value of accounting in society through international research. It takes progressive stances on global issues to ensure accountancy as a profession continues to grow in reputation and influence.
Minimum Entry requirement
10+2 / India School Certificate / Intermediate Certificate / Higher School Certificate / Higher Secondary Certificate / Pre-University Course (providing passes are held in 5 subjects (at least 3 in Year XII) including English and Mathematics / Accounts, mark of 65% in at least 2 subjects and over 50% on the others)
To qualify as an ACCA member, the student will need to complete:
EXAMS – Complete 14 out of 16 Papers
PRACTICAL EXPERIENCE REQUIRMENT - record 36 months' experience in a relevant role
As part of your journey to become a qualified ACCA member, you will need to demonstrate relevant skills and experience within a real work environment. This is what the Practical Experience Requirement (PER) is all about. PER is to be completed in addition to your ACCA exams and the Professional Ethics Module
PROFESIONAL ETHICS MODULE - Professional ethics is at the heart of the ACCA Qualification.
Professional ethics is covered in 11 of the 16 exam papers. This includes all papers at Professional level and three of the Essential performance objectives.
The Professional Ethics module underpins both your studies and your practical experience. The aim of the module is to introduce you to a range of ethical ideas.
You get access to the module as soon as you complete the Knowledge module (F1F3) Of the Fundamentals level.
While you have the flexibility to complete the ethics module in your own time you should note that ethics is now one of your requirements of membership and it is therefore recommended that you take the Professional Ethics module at the same time as, or before, the P1, Governance Risk and Ethics exam. The Professional Ethics module must also be completed for you to receive the Advanced Diploma in Accounting and Business award from ACCA on completion of the Fundamentals exams and before you submit your RAP to Oxford Brookes University if you wish to take the B.SC (Hons) degree in Applied Accounting.
BENEFITS OF ACCA MEMBERSHIP