ACCA is an abbreviation and stands for the Association of Chartered Certified Accountants.
The qualification is internationally recognized. ACCA is a leading international accountancy body. Its members are required to pass a series of examinations in order to qualify. The examinations cover all aspects of business management from the purely technical - such as bookkeeping and cost accounting - to the more theoretical aspects such as motivational theory and theories of risk.
In this respect it is very similar to an MBA, but it offers a much more practical emphasis. The qualification is not aimed at any one particular business sector - the examinations cover all areas of business management.
The benefit to the employer of encouraging their employees to qualify is the assurance that the employee has the skills necessary to progress to more senior management positions.The benefits to the employee of successful qualification are the personal satisfaction of having acquired the business skills, and better employment prospects as a result of having shown their ability in all areas of business.
ACCA Complete List of Papers
- F1 Accountant in Business
- F2 Management Accounting
- F3 Financial Accounting
- F4 Corporate and Business Law
- F5 Performance Management
- F6 Taxation
- F7 Financial Reporting
- F8 Audit and Assurance
- F9 Financial Management
- P1 Governance, Risk & Ethics
- P2 Corporate Reporting
- P3 Business Analysis
- P4 Advanced Financial Management
- P5 Advanced Performance Management
- P6 Advanced Taxation
- P7 Advanced Audit and Assurance