Hello Akshit Kataria,

Association of Chartered Certified Accountants (ACCA) is a professional accountancy body which also offers ACCA as a professional qualification.

Professional qualifications has an ethical requirement to be met and are not generic when compared to academic qualifications. They enable a person to enter and choose a specific profession for life and particular in nature. ACCA is a professional body and offers professional qualification for accountants to pursue their career in accountancy.

Coming to scope of ACCA and range of syllabus it covers:

1 - Financial Accounting (Basic and Advance)

2 - Financial Management (Basic and Advance)

3 - Financial Performance

4 - Business and Corporate Law

5 - Taxation (Basic and Advance)

7 - Corporate and Financial Reporting

8 - Audit & Assurance (Basic and Advance)

9 - Corporate Governance

10 - Risk and Ethics

11 - Business and Financial Analysis

Apart from these ACCA take care of your ethical requirements in order to become a member of a professional body.

ACCA exams consists of 3 levels:

Knowledge - 3 papers

Skills – 6 papers

Professional – 5 papers

Essential - 3 Papers

Options – 2 papers from 4

Passing percentage for each exam is 50%. Up to skills level exams are computer based whereas professional level exams are manually taken in writing. Exams can be taken in four sessions per year (maximum of 4 papers per session).

Apart from these exams students are also required to give Professional Ethics module which is online and test your ethical dilemmas.

Thank you.