Study ACCA – The Different Options

by accacou1 on May 1, 2010

Accountancy often begins at what is often referred to as the secondary school level, for students making progress towards their GCSE’s. At this level students would be provided with a decent grounding in basic accountancy principles, which will remain useful to them throughout their lives. Students can elect to take ACCA courses. Beyond the primary and secondary school level, most universities do offer an undergraduate degree in Accountancy, and some offer a postgraduate education in accountancy. However, Beyond the Graduate degree level, the Student continuing on the University path via postgraduate education would be tending towards an academic rather than professional career in accountancy. Accountants who wish to pursue a professional rather than academic career would Study ACCA – The Different Options to pursue professional qualification obtained by attaining membership of one of the certifying accountancy associations.

Accountancy professionals are required in absolutely every industry and by virtually any human organization. It’s useful to divide this broad expanse of possibilities into three main categories.

Accountants in public practice. Accountants working in firms of accountants, provide services to clients from every sector. Accountants in public practice are generally required to remain independent from their clients. Generally, only accountants in public practice can provide statutory audit services.

Accountants in industry. Work for companies or non-incorporated businesses as employees or business principals. Professional independence would be impracticable in these circumstances and the focus of the accountant here is the performance of the business rather than financial reporting.

Accountants in Government service. Accountant is an employee of HMG. In government service, financial control and reporting is generally guided by quality and delivery standards that are appropriate for measuring the performance of a government organization. These standards must differ from the standards applied to profit making organizations.

ACCA courses in the UK is largely self synchronized, with the majority regulatory action being enforced by a number of professional associations such as, the acca, icaew , cipfa, cima, icas, icai. These associations conduct qualifying exams for their members, and observe their members throughout their professional working lives. In the UK, the term “qualified accountant” generally refers to an accountant who has attained full membership of one off these accounting bodies. Its important for the aspiring student accountant to realize that the accountancy profession is constantly evolving and that this article gives a very general overview of the routes into the profession plus an even more general overview of the nature of the profession.

Furthermore, these overviews are primarily appropriate to the United Kingdom and things can change rather quickly. The thing is that you must check. Find out exactly what is required at that time and that place you’re considering an accountancy career.

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ACCA Training Options

by accacou1 on May 1, 2010

You want to be an accountant. You love numbers, math and money. So, how do you get started? Where do you go to get certified so that your services will be in demand? If you do not have any recognized qualifications, your clients will not be able to know if your standards meet their requirements. People hire Chartered Certified Accountants with a full practicing certificate because they know that they can trust in their expertise.

Any old accountancy certification will not do. You need an internationally recognized global qualification to compete in today’s industry, and the ACCA courses fits this demand perfectly.

The Association of Chartered Certified Accountants (ACCA) is the world’s largest international accountancy body, with over 300,000 members and students in more than 160 countries. Founded in 1904, ACCA has over 100 years of history as a leader in the development of the global accountancy profession. The United Nations has chosen the ACCA syllabus as the basis of its global accountancy curriculum and the ACCA courses is well recognized in an ever-growing list of countries including the USA, Canada, the United Kingdom, the European Union, Australia, New Zealand, South Africa, China, Singapore, Malaysia and Pakistan. Many ACCA graduates work in premier companies such as British Airways and Price Waterhouse Coopers.

The syllabus spans 16 topics each with its own examination to test your competency in that subject. It usually takes 2 years for a student to obtain the ACCA qualification. This is broken up into the “Fundamentals” stage that consists of 9 papers and the “Professional” stage that consists of 3 papers and a choice of 4 options. With so many examinations to pass, self-study can be difficult. The good news is that there are many professional accounting and finance schools such as FTMS Global that offer ACCA Training Options. The better ones have a cast of highly qualified and experienced lecturers who are ACCA-certified. These teachers know what the ACCA syllabus requires and can dramatically increase your chances of passing the examinations. Definitely, it is highly recommended to enlist the aid of a mentor who can show you the ropes.

The entry requirements of the ACCA qualification are 2 A-Level passes or a bachelor’s degree from a recognized university. If you do not meet this requirement, you may opt to go for the open-entry route by taking the Certified Accounting Technician (CAT) qualification first. Upon completion of the CAT course, you may progress to take the ACCA qualification.

As an ACCA graduate, you can look forward to rewarding accounting career in a variety of fields such as accountancy, auditing, financial management, taxation, business development and management. Numerous opportunities will be available to you, whether you choose to work in a small practice, run your own company or lead a large multinational organization. Indeed, ACCA graduates are in high demand worldwide.

Ultimately, a career in accountancy can be a beneficial move for anyone with an interest in a career requiring numeracy, there are several alternate strands, and the demand for accountants has been fairly strong and steady for a while. Should you decide to opt for ACCA COURSES, you can be assured that the skills you’ll acquire will be valuable to you for a lifetime.

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ACCA Online Courses

by accacou1 on May 1, 2010

The Association of Chartered Certified Accountants (ACCA) is a British chartered accountancy body with a global presence that offers the Chartered Certified Accountant (Designatory letters ACCA or FCCA) qualification worldwide. Since Chartered Certified Accountant is a legally protected term, individuals who describe themselves as Chartered Certified Accountants must be members of ACCA and, if they carry out public practice engagements, must comply with additional regulations such as holding a practicing certificate, being insured against any possible liability claims and submitting to inspections. Accountancy professionals are required in absolutely every industry and by virtually any human organization.

The accountancy profession is largely about the recording, control and publication of human transactions that can be assigned a monetary value. There are several routes into the accountancy profession. All of the routes require some education, training and aptitude. The ACCA Online Courses could be self-taught, but will be required in any case. In the United Kingdom, all parties required to keep accounts generally have to ensure that the accounts follow generally accepted accounting practice. For companies, this is a legal obligation defined by the companies act.

Ask just about any group of business professionals and they will likely tell how important is quality training to their career advancement. But getting ACCA courses training via traditional “classroom” methods is often expensive and impractical, as it often requires travel and taking days off from work.

The Internet has changed the dynamics of getting such professional and self-growth training. Now vendors of all kinds offer valuable free training seminars online for the benefit of business professionals of all types. These webinars cover topics that range from professional topics such Sales, Marketing, and Information Technology to more “personal growth” areas such as wine tasting skills. The seminars are brief, typically one hour long, almost always free, live or recorded, and can be taken right over the web in the convenience of one’s office. To attract professional audience, the vendors typically attract knowledgeable speakers who are often well-known experts in their field. While for the vendors, the attendees and registrants are valuable sales leads, for the business professional these online training events are a very convenient means to learn new skill and stay up to date on the latest in the field.

So, if you are looking to start a career in accounting, ACCA courses might be the best for you. Be internationally recognized and sought after, and you will do well wherever you may be.

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ACCA Distance Learning

by accacou1 on May 1, 2010

Accountancy is one of the most popular professions which offer many opportunities in different fields such as auditing, tax consultancy, management consultancy, company secretarial services, financial management and so on. Accountants work in all business sectors such as private sector, public sector, banking and commerce.

Individuals can study at a higher education college or university for many of the specialized qualifications offered by the professional associations. ACCA Courses are one way to progress.

ACCA (Association of Chartered Certified Accountants): Founded in 1904 and has examination centres in over 130 countries. ACCA students are now able to obtain a double qualification throughout their studies – (1) The ACCA Professional Qualifications, and (2) a Bachelor of Science (Hons) in Applied Accounting from Oxford Brookes University, a top new university in the UK. Examinations are held twice a year (June and December).

To attain a professional membership from the above accountancy bodies, students are required to pass all the association’s examinations and obtain a minimum of three years relevant training or approved work e
experience.

A wide range of ACCA courses study options is available to cater for the needs of all students. Students can choose from studying full-time, part-time by day-release, home study, distance learning, correspondence or a combination of these methods. Today many universities in the UK are offering professional accountancy program such as the ACCA and CIMA. However students may wish to pursue a degree in accountancy from a prestigious university and then apply for exemptions from certain professional examination papers.

Students have been learning via correspondence for decades – but the Internet is now making ACCA Distance Learning much more accessible and convenient. Not only do you enjoy the flexibility of choosing when and where to study – as well as the opportunity to stay in employment while you learn – you can benefit from greater communication with fellow students and tutors, through online discussion forums and feedback sessions. And there’s no need to take time out to attend scheduled lectures.

Distance learning doesn’t suit everyone. You may be master of your own destiny but you could end up feeling isolated. Some students say they’re less motivated without face-to-face interaction with peers. Others find it difficult to balance studies with home life and work, without a firm timetable to stick to. And the flexibility of being able to take a planned break from your studies isn’t necessarily all it’s cracked up to be and many students never return after taking time off.

Results indicate that students who study ACCA courses at a distance perform just as well as students in the classroom. Critical success factors include taking responsibility for your own timetable and ensuring that tasks set by tutors are completed as conscientiously as if you were submitting them in person. Take self-assessments seriously and incorporate feedback into your learning. Set regular time aside to reflect on your learning before proceeding to the next stage of your studies.

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ACCA Courses – Where to Learn

by accacou1 on May 1, 2010

Holders of ACCA are highly regarded skilled specialists; therefore, many of them occupy key positions in industry. However, ACCA courses are quite costly. ACCA (Association of Charted Certified Accountants) is one of the world’s leading, fastest-growing and globally recognized accountancy organizations founded in 1904. ACCA is an accounting undergraduate professional diploma. ACCA qualification will open you the doors to different career paths in accountancy, finance and management.

There are some useful general tips on how to save some money on ACCA Courses – Where to Learn. Of course, there are always possibilities to get a scholarship or fund your education by the employer; however, you can always find an alternative way. For example, self-studying is a good choice if you don’t have enough money to visit classes. You can sign up for ACCA membership and get lots of free study material. Moreover, when buying books, you can find some used ones and don’t pay extra money just for “a new cover”.
ACCA (Association of Chartered Certified Accountants) The ACCA courses typically takes three years to complete while still working in an accounting job. The Syllabus involves 14 examinations though there are a number of exemptions available for people with prior experience or relevant qualifications. They have over 300,000 members who have taken the twice-yearly exam.

The Internet also changed the dynamics of getting such professional and self-growth training. Now vendors of all kinds offer valuable free training seminars online for the benefit of business professionals of all types.
Accountancy training often begins at what is often referred to as the secondary school level. Beyond the primary and secondary school level, most universities do offer an undergraduate degree in Accountancy, and some offer a postgraduate education in accountancy. However, Beyond the Graduate degree level, the Student continuing on the University path via postgraduate education would be tending towards an academic rather than professional career in accountancy. Accountants who wish to pursue a professional rather than academic career would now pursue professional qualification obtained by attaining membership of one of the certifying accountancy associations.

There are also several routes into the accountancy profession. All of the routes require some education, training and aptitude. The education or training could be self-taught, but it will be required in any case, so it is worth going on ACCA Courses. All parties required to keep accounts generally have to ensure that the accounts follow generally accepted accounting practice.

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