FIA Foundations Level eBooks

The Association of Chartered Certified Accountants popularly known as ACCA is a globally recognized course with over 200,000 members and 600,000 students across 180+ countries.

Yes, To be eligible to register for ACCA qualification, students should have qualified their 10+2 examinations with an aggregate of 65% in Mathematics / Accounts and English, and a minimum of 50% in other subjects.
Other students (not having 65% aggregate as above) are eligible to join ACCA through Foundation in Accountancy Route, which is an entry-level qualification for ACCA.

As an ACCA, you do not have signing authority in India and hence cannot sign audit reports and practice audits by setting up your own firm in India. However ACCA jobs are very much available in all MNCs and Big 4s where you can join as a qualified professional accountant.

There are 13 Exams which student needs to be pass for qualifying ACCA. However you may get some exams exempted basis your current qualification.

If you already have some qualifications then you may not have to take all of the exams in the ACCA Qualification. These are called ACCA exemptions and mean that you will start your studies at the right level for your knowledge and skill.

NONE. You have to attempt all 13 papers for ACCA.

For students who have already qualified B.Com / M.Com, they have the exemptions of ACCA knowledge level i.e. F1 to F3 and ACCA Skill level i.e.F4 subject.

An Indian Chartered Accountant can get up to 9 exemptions out of 13 papers of ACCA (from F1 to F9). You can directly start your qualification at the professional level and become an ACCA by only passing the 4 papers.

Registration fee (one-time), Annual subscription fee and per exam fee has to be paid to ACCA.

Exemption fees can go up to £1,000, depending on one’s academic qualification. However You can reach out to FinTram to get the reduced exemption fees under their scholarship program.

Initial registration £89 and Dip IFR (Global) exam fees £123.Please reach out to FinTram to get the scholarship program for ACCA Dip IFR Course.

FinTram Global being the Approved Learning Partner with ACCA provided various scholarships to students. Benefits include:-

Initial Registration of the ACCA will be waived off to all Fintram Students
Exemption fees can be reduced to 10GBP to 30 GBP per exam basis current qualification of the student.
These waivers/Exemptions may change time to time and are at sole discretion of FinTram Global & ACCA.
In addition to above various benefits are provided with FinTram Classes once registration is completed.

To be Qualified as ACCA one needs to clear 13 Exams divided into 3 levels-
Knowledge level
Business & Technology (BT)
Management Accounting (MA)
Financial Accounting (FA)

Skill Level
Corporate and Business Law (LW)
Performance Management (PM)
Taxation (TX)
Financial Reporting (FR)
Audit and Assurance (AA)
Financial Management (FM)

Professional Level
Strategic Business Leader (SBL)
Strategic Business Reporting (SBR)

Any Two out of the following:
Advanced Financial Management (AFM)
Advanced Performance Management (APM)
Advanced Taxation (ATX)
Advanced Audit and Assurance (AAA)

ACCA Exams are very flexible. First 4 Exams – BT, MA ,FA ,LW are known as on demand exams. These exams can be attempted at any time of the year. Student can book them anytime and appear for the exam.
All other exams of skill and professional level are conducted by ACCA four times in a year: March, June, September and December. Student can plan for any exam (one by one) and appear basis his preparation.

Globally the average passing rate for ACCA exams is approx. 40 %.

First Four Exams (BT, MA, FA & LW)
100% Objective ( MCQs)

For (PM, TX, AA, FR & FM)
60% Objective ( MCQs)
40% Subjective (Case Study based Questions)

For Professional Level
100% Subjective (Case Study based Questions)

The scope of ACCA in India & abroad is growing at an exponential rate. ACCA members are securing professional jobs all across the countries in various multinationals and banks. Like, EY, PwC, Deloitte, KPMG, Grant Thornton, BDO, Accenture, Credit Suisse, Barclay’s, Standard Chartered etc. are namely few. Job Profiles for ACCA members include Corporate Finance, Audit and Assurance, Risk Advisory, Internal Audit, Taxation, Investment Advisory, etc. These job offers are for the designation, profile and salary packages very much comparable to the Indian CA’s. Also, ACCA is globally recognized and there are a lot of ACCAs, who have secured jobs overseas in countries such as the UK, Dubai, Canada etc.

Starting salary for an ACCA affiliate in India can be in the range of 4 Lakhs to 8 Lakhs per annum. Once you become an ACCA member the salary increases to over 10 Lakhs annually and can be more depending upon the experience and skill set of the candidate.

ACCA and CA certifications entail almost similar course curriculum and training and both are considered more or less equivalent in the term of knowledge and Salary: Rs 4 – Rs 8 Lacs INR pa for both.

With the exception of Taxation and Law, CA and ACCA subjects have overlapping concepts such as Accounting (IFRS & Ind -AS), Auditing, Financial Management. Costs Accounting. This is also one of the reasons that CA Students gets various exemptions in ACCA.