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ACCA (the Association of Chartered Certified Accountants) represents a global organization for the accountant-professionals. It offers universal business certifications to people seeking advanced career in business studies. To widen the accountancy profession globally, ACCA works with governments, managers, professional bodies and administrators world-wide. It's efficient universal network directly serves the stakeholders by taking exam and providing other support at a local level through it's global infrastructure of 89 offices and centers.
It was established in 1904 as 'London Association of Accountants'. It became the Chartered Association of Certified Accountants in 1984. From 1996, this organization has been bearing it's current name.
Certification
ACCA certifications are mentioned below:
- Chartered Certified Accountant (ACCA)
It needs an individual to pass 14 examinations along with three years of supervision and relevant accountancy experience.
- Foundation level qualifications - Foundations in Accountancy
It offers foundation-level certifications & diplomas to individuals without business-study background and who cannot fulfill the minimum admission-need for ACCA.
- Other qualifications
The ACCA offers other qualifications:
- MBA (for ACCA full members)
- B.Sc.(Hons) in Applied Accounting
- MSc in Financial Management
- Diploma in Financial Management (DipFM)
- Diploma in International Financial Reporting (DipIFR)
- Certificate in International Auditing (CertIA)
- Certificate in International Financial Reporting (CertIFR)
Membership
- Affiliate
Candidates who register as student members are transferred to the Affiliate status passing the examinations.
- Fellowship
It is awarded after 5-year membership complying Continuing Professional Development rules.
- Continuing Professional Development
This includes some mandatory requirements for all ACCA members.
