The ACCA exam is an accounting accreditation from one of the most prestigious global bodies of accountants and financial professionals. This certification is valid all around the globe and can spike your salary and professional value to exponential heights. To crack this exam, you will need a bit of expert help from well-curated courses and professional mentoring.
Here are a few tips for you to succeed in the test. In this article, we will cover questions like: What is the exam, who can appear for the exam, who is acca best for and more!
Is ACCA difficult for average students?
This course is challenging and hence requires dedication, commitment, and hard work. However, even the average student with the right mentoring for acca can succeed in completing this course. With proper preparation and determination, anyone can pass the exams.
Here’s what you should know about the exam in a gist:
- The ACCA is an acronym for: the Association of Chartered certified accountants.
- This course is from one of the most prestigious accounting bodies across international borders.
- This accreditation is valid all over the world.
- Professionals and students alike can appear for the exam.
- The acca is an online exam.
- The course requires you to sign up on their website and submit your professional and educational details before enrolling into the exam roster.
- The course exam takes around 6-8 months to crack.
- The maximum time you may take to crack the acca exam is 4 years.
To prepare yourself for the course, you need to have a strong foundation in mathematics and accounting principles. You should also be familiar with Microsoft Office applications such as Excel, PowerPoint, and Word. Additionally, excellent communication and analytical skills are pivotal for success in the course.
What should I know about ACCA?
The course consists of 13 exams divided into four categories: Applied Knowledge, Applied Skills, Strategic Professional, and Ethics and Professional Skills. The course is recognized globally and is ideal for students who want to pursue a career in finance and accounting.
ACCA Course Fees
The fees for the course vary depending on the country and the institution you choose. In Canada, the standard course fee ranges from CAD 1,700 to CAD 3,000 per exam.
You might be interested to know…
There is no maximum age limit for enrolling in the course. However, it is advisable to complete this at an early age to have enough time to complete the exams and gain work experience.
That said: It is equally true that it is never too late to pursue the course. Even if you’re 30 years and older, you can have a bright chance in your career post the acca exam clearance. The course can help individuals advance their careers and increase their earning potential.
Speaking of the acca exam structure: Initially, the course had 14 exams, but the institution revised the course in 2018 and reduced the exams to 13. The revised course included a new Ethics and Professional Skills module, which replaced the Professional Ethics module.
Conclusion:
Before applying for the course, prepare yourself adequately and understand what the exam is all about. Develop your career vision and plan accordingly. Though this exam can be challenging, with dedication and smart work, success is assured! What are you waiting for? Sign up for a quick brief of acca courses in Toronto today!