Wednesday, October 5, 2011

10 Reasons to study for the ACCA

10 Reasons to study for the ACCA


1. 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 organisational management and strategy. It therefore increases the career prospects of the employee and reduces the training costs of the employer.

2. 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.

3. 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.

4. 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.

5. Flexible

The ACCA Qualification has flexible entry requirements, and offers flexible study options, enabling studies to be planned around business needs.

6. 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 individual’s workplace performance.

7. Based on International standards

The Qualification is based on international accounting and auditing standards and is IFAC compliant

8. 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 .

9. 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.

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...

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