ACCA offers globally accepted qualifications

Monday, 30 January 2012 00:00 -     - {{hitsCtrl.values.hits}}

Recognised as the global body for accounting with a rich history spanning over 100 years, the Association of Chartered Certified Accountants (ACCA) is the most prestigious accounting qualification body, with a proven reputation for quality and excellence in finance education.

In Sri Lanka, ACCA affords students the opportunity to gain a professional global qualification that is respected and recognised, and relevant to Sri Lanka as well as internationally.

Foundations in Accountancy: Foundations in Accountancy is a new suite of entry-level qualifications that focus on the core skills of financial and management accounting and also includes a module in professionalism. This new suite of qualifications awards certificates, diplomas, advanced diplomas and a degree. The syllabuses span the key elements of financial and management accounting at all levels offered, and also include an Accountant in Business exam at the Diploma level, which puts students’ new knowledge into a legal, economic and regulatory context

The aim of these awards is to provide even greater access to the ACCA qualification and offer individuals a flexible range of qualifications which will help them develop the relevant technical knowledge and practical skills required to perform an accounting technician’s role. This means that with Foundations in Accountancy, students will benefit from the flexible range of entry points, meaning they can begin at the right level for them, and then progress through the awards. And when it comes to flexibility, they can complete qualifications in their own time, selecting those which best suit their own career needs and aspirations. Therefore through Foundations in Accountancy, ACCA continues to provide opportunities for talented people, whatever their background or prior learning, to progress to become a professional accountant.

Certified Accounting Technician (CAT) is open to students over 16 years of age with exams comprising of 9 papers and it complements the A/L exemptions from part 1 of the ACCA Professional Scheme Experience- 1 year relevant practical experience during, before or after exams.

ACCA Professional Qualification is open to Post A/L students and graduates who want to purse a globally mobile career as finance professional. The exams comprise of 14 papers, 9 of which are available for exemptions achievements. Students also need to complete an online ethics module and .three years of relevant practical experience during, before or after exams prior to applying for membership.

BSc (Hons) in Applied Accounting from Oxford Brookes University UK -Students who complete the first 9 papers of ACCA examinations can submit a research project and complete an ethics module in order to obtain the degree. The Degree is offered by the Oxford Brookes University and the marks of the ACCA examinations papers are taken in to account when awarding the degree. Exemptions are awarded for academic and professional qualifications. For more details inquire or visit our website www.accaglobal.com.

Study options are flexible and students can choose from either full or part-time courses, while distance learning is also on offer. With 350 exam centres in 160 countries and a network of over 80 offices, it is always easy to arrange continued study and sit exams. In addition, ACCA also has a global network of tuition providers guaranteed to meet ACCA’s demanding standards.

As the only accountancy association with a mandatory professional ethics module, the ACCA qualification ensures that you adhere to a strict code of conduct with a focus on professionalism and ethics in accounting.

Those students who complete their exams, three years of practical experience and the professional ethics Module will be eligible for membership with the ability to utilise the ‘ACCA’ title along with their names.

The benefits of ACCA membership include improved career progression and high earning capacity, the ability to locate and work anywhere in the world, career flexibility, and access to a range of world-renowned technical material and research .ACCA recognises that its members perform many diverse roles globally and has developed a flexible Continuing Professional Development (CPD) policy that reflects this. Members are encouraged to consider what CPD is relevant to them and chose learning appropriately.

Achieving CPD could be realised through classroom-based training, contributing to technical committees, acting as a mentor or through on-the-job learning among other options, while assistance and support to help members identify the appropriate CPD is also offered. Members who have completed five years and the relevant CPD for the period will automatically be granted fellowship status elevating you to a FCCA, which clearly outlines one’s extensive experience and long-term commitment to professionalism and ethics.

With the demand for finance professionals never having been higher, armed with a powerful qualification such as ACCA, will give one an opportunity to make a difference to any organisation and will provide a pathway to reach top rung in ones career.

 

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