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ACCA Course In Calicut, FIRST WORD INTERNATIONAL ACCA 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.
FWI now The only Approved Learning Partner in Calicut FWI is now ranked ALP-Gold by ACCA. ACCA's Approved Learning Partner (ALP) programme gives formal recognition to leading learning providers for the quality tuition and support that they offer to our students. It is the platform where we can develop a mutually beneficial relationship, increasing the global availability of effective and innovative course delivery and first-class student support. The ALP recognition makes FWI the only Approved learning partner of ACCA in Calicut. The ACCA ALP Accreditation ceremony will be held in ISDC headquarters, Bangalore where Mr. Alan Hatfield, ACCA's Executive Director for strategy and development will be handing over the ALP licence to Mr.Rizwan Ali, Head of Operations at FWI on February 23 2017. #acca #cma
Management accounting ???? ###################### 1) Reporting to management: It is the primary role of management accounting to inform and advise the management about the latest position of the company. It covers information about the performance of various departments on regular basis to the management which is helpful in taking timely decisions. A management accountant also works in the capacity of an advisor to overcome any existing financial or other problems of an organization. 2) Aid in decision-making: the success of any organization depends upon accurate effective decision-making, which is in turn based on informational networks as provided by management accounting. Applying techniques of differential costing, absorption costing, marginal costing, and management accounting provides useful data to the management to aid in their decision-making. 3) Planning and formulating policies: a management accountant provides necessary and relevant information to achieve the targets of the company. Management accounting uses regression analysis and time series analysis as forecasting techniques. 4) Controlling performance: in order to assure effective control, various techniques are used by a management accountant such as budgetary control, standard costing, management audit, et cetera. Management accounting provides a proper management control system to the management. Reports are provided to the management regarding the effective and efficient use of resources. 5) Interpreting financial statements: collecting and analyzing accounting data is a key role of management accounting. This provides relevant information in a systematic way that can be used by the management in planning and decision-making. Cash flow, fund flow, ratio analysis, trend analysis, and comparative financial statements are the tools normally used in management accounting to interpret and analyze accounting data. 6) Motivating employees: management accounting provides a selection of best alternative methods of doing things. It motivates employees to improve their performance by setting targets and starting incentive schemes. 7) Coordinating among departments: management accounting is helpful in coordinating the departments of an organization by applying thorough functional budgeting and providing reports for the same to the management on a regular basis. 8) Administrating tax: any organization must comply with the tax systems of the country they operate from. It is a challenge due to the ever-increasing complexity of the tax structure. The organization needs to file various kinds of returns with different tax authorities. They need to calculate the correct amount of tax and assure timely deposit of tax. Therefore, the management takes guidance from management accountants to comply with the law of the country. ################################################## FWI - THE FINANCE SCHOOL , CALICUT CMA | ACCA ADMISSION FOR THE UPCOMING BATCHES CONTINUES....... FOR ENQUIRY CONTACT : 8330812121 ################################################# #CMA #CMA_INDIA #CMA_TOP_INSTITUTES_KERALA #CMA_CAOCHING_INSTITUTES_CALICUT #MANAGEMENT_ACCOUNTING #SCOPE_OF_CMA_INDIA #CMA_OPPORTUNITIES #CMA_AS_A_CARRIER
Top 10 reasons to study for the ACCA Qualification 1. Comprehensive Comprehensively covers the technical and management skills accountants are expected to master. Refined for 2007, the ACCA Qualification will help achieve the range of competences required in a finance team. The ACCA syllabus is a comprehensive program in financial management skills. The ACCA Qualification takes the candidate to advanced levels in a variety of subjects such as: * Management * Decision Making * Financial Reporting * Financial Strategies The ACCA Qualification is not just theory – the exams are practical case studies. 2. Effective in finding business solutions Organisations benefit from having accountancy professionals who understand the financial needs of business and who can evaluate and present effective business solutions. The qualification equips finance professionals with knowledge and skills which are diverse yet dynamic – the curriculum includes tax, audit and business law as well as the core accountancy subjects. 3. Measure of competence The ACCA combines the benefits of traditional accounting skills with a wide ranging and forward looking syllabus, which recognises that finance professionals are increasingly required to demonstrate strategic thinking, excellent communication skills, people skills and fluency with information technology. 4. Flexible The ACCA Qualification has flexible entry requirements, and offers flexible study options, enabling studies to be planned around business needs. 5. Practical Experience One of the requirements of the ACCA program is practical experience, because the ACCA realises that employers require an increased focus on an individuals workplace performance. 6. Based on International standards The Qualification is based on international accounting and auditing standards and is IFAC compliant 7. Truly Global The ACCA is the only truly global accountancy qualification with members in 170 countries. A global program that tracks the needs of industry and employers. 8. Recognition worldwide The ACCA has achieved strong recognition worldwide by building relationships with influential organisations including: * local and multinational companies * accounting bodies * educational institutions * governments * entities such as the United Nations and the World Bank. 9. Cost-effective A cost effective and efficient way to increase knowledge and professionalism. Candidates not only gain specialist knowledge in finance and accounting, but also acquire valuable skills in organizational management and strategy. It therefore increases the career prospects of the employee and reduces the training costs of the employer. ACCA - Worlds Leading Professional Chartered accounting body. • Recognized in 181+ countries • 8500+ Approved Employers Around the globe • 98 Global Accounting Partnership • 2 Lakhs+ Members • 486000+ Students in 178 Countries 10. Professional status Globally, employers and business partners understand and respect the qualification. ACCA members are in demand for their finance and accounting knowledge and skills worldwide. The ACCA qualification is a passport to a new world of opportunity – once you become a member, the learning process continues throughout your career. The range of educational opportunities includes a degree qualification, a specifically tailored MBA and a constantly updated range of courses in all areas of finance and management. Why First Word International - FWI? • World Class Infrastructure • ACCA Trained Faculties • Oxford Brookes (BSc Hons) RAP Mentoring facility • Fees Exclusively @ 2.6 Lakhs only (₹2, 60, 000.00) Including ACCA Registration Fees, 3 year Annual Subscription Fees, Admission Fees, 13 Paper One Time exam Fee, 13 paper Coaching Fee, E-Materials, and GST ISDC Direct is a Learning center network in collaboration with ACCA for India to attain ACCA Qualification upon Uniform norms, Quality, Standards and ut-most affordable cost. First World International is one and only Approved Learning Partner Of ACCA in Calicut. Awarded Gold Status in recognition of the quality of learning provision and support for ACCA Students. So why wait…Join the ACCA family and gear up to lead the Corporate World. Contact : +91 833 08 12121 / +91 9633099760 FWI The Finance School 6th floor, Arya Vaidya Sala Building Kallai Road, Calicut.
CMA - Cost Management Accountant Career in India!!!!! ################################################## These days, everything is about economies and streamlining processes. Increasing competitive pressure has led to many organisations and enterprises to interweave cost and management accountancy into their own management systems. The cost and management accountant collects, assimilates, collates and analyses financial information from every angle and then interprets those numbers for the management. The CMA is now an essential part of any corporate strategy – whether he or she is an employee or a consultant on retaine. The Institute of Cost Accountants of India (ICAI) aims to meet the demand for these highly skilled professionals through its premier training programs in any arena, whether in India or abroad, where they are known as Management Accountants. And managers they are, because they play a key pivotal role in consultations, audits and strategy formation. " CMA - THE BRAIN BEHIND THE BUSINESS" ################################################### FWI - THE FINANCE SCHOOL , CALICUT CMA | ACCA FOR ENQUIRY :8330812121 ################################################### #CMA #CMA_SCOPE_IN_KERALA #TOP_CMA_INSTITUTES_IN_INDIA #TOP_CMA_INSTITUTES_IN_KERALA #CMA_SCOPE_IN_INDIA #CMA_SCOPE_OUTSIDE_INDIA #PROFFETIONAL_COURSES_IN_COMMERCE
Cost AccountinG A bright career ############## A CMA is a person who offers to perform services involving the costing, pricing of goods and services or carries out the preparation, verification or certification of cost accounting and related statements. The role and importance of cost accountants has increased manifold on account of growing competition in the corporate sector. Their job broadly stating essentially comprises of closely analysing costs and devising ways to reduce it as far as possible. Role of CMAs ############## l Corporate Decision Making l Resource Management l Performance Management l Financial Reporting & Strategy l Optimization of Stakeholder’s value l Risk Management l Enterprise Governance l Audit assurance and Taxation l Sustainable Development l Corporate Social Responsibility Cost Accountants in Education: ####################### According to the University Grants Commission’s regulations of 2010, the minimum qualification for appointment of Assistant Professor, Professor and Principal/Director/ Head of the Institution in universities and colleges in the area of Management/ Business Administration. includes first class graduate and professionally qualified Cost Accountant among other qualifications and subject to other requirements including qualifying NET/SLET/SET as the minimum eligibility condition for recruitment and appointment of Assistant Professors. Hence, a qualified Cost Accountant is also entitled to a teaching career. apart from being involved in pricing issues.. ################################################## FWI - THE FINANCE SCHOOL , CALICUT CMA | ACCA FOR ENQUIRY :8330812121 ################################################## #CMA #CMA_OPPORTUNITIES #COST_ACCOUNTANT #CMA_INDIA #CMA_TOP_INSTITUTES_KERALA #CMA_SCOPE_IN_INDIA #CMA_INDIA_COACHING_CALICUT #COST_MANAGEMENT_ACCOUNTANT #COST_ACCOUNTANTS_IN_EDUCATION
SCOPE OF CMA - INDIA ################# The Institute of Cost Accountants of India is a statutory body set up under an Act of Parliament in the year 1959. Institute as a part of its obligation, regulate the profession of Cost and Management Accountancy, enrolls students for its courses, provide coaching facilities to the students, organise professional development programmes for the members and undertake research programme in the field of Cost and Management Accountancy. The institute pursues the vision of cost competitiveness, cost management, efficient use of resources and structured approach to cost accounting as the key drivers of the profession. In today’s world, the profession of conventional accounting and auditing has taken a back seat and cost and management accountants increasingly contributing towards the management of scarce resources like funds, land and apply strategic decisions. This has opened up further scope and tremendous opportunities for cost accountants in India and abroad. After an amendment passed by Parliament of India, the institute is now renamed as the Institute of Cost Accountants in India. This step is aimed towards synergising with the global management accounting bodies, sharing the best practices and it will be useful to large number of trans-national Indian companies operating from India and abroad to remain competitive. ############################### FWI - THE FINANCE SCHOOL , CALICUT CMA | ACCA ADMISSIONS FOR THE UPCOMING BATCHES CONTINUES....... FOR ENQUIRY CONTACT : 8330812121 ################################################ #CMA #CMA_INDIA #COST_ACCOUNTING #MANAGEMENT_ACCOUNTANCY #TOP_CMA_COACHING_INSTITUTES_KERALA #CMA_COACHING_CALICUT #SCOPE_OF_CMA_INDIA #PLACEMENTS_CMA_INDIA
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