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Saturday, February 12, 2011

What is ACCA?

ACCA stands for Association of Chartered Certified Accountants, which is a leading international accountancy body. Its members are required to pass a number of exams in order to qualify. The qualification is internationally recognised and is treated in abroad countries as same like the local one.
The examinations cover all aspects of business management from the purely technical such as book keeping 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 exams cover all areas of business management.
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.
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 and he or she can gain a very good salary package in any country.

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