The Association of Chartered Certified Accountants (ACCA) is a globally recognized professional accounting qualification. Certain determining factors for ACCA qualification are outlined by an aspirant's understanding of critical concepts and the schedule they follow.
The combination of analytical and critical skills enables them to grapple the requirements of this advanced exam. Taking time to chalk out the concepts and efforts in creating resources will always help you to grow and practice the skillset required to qualify ACCA qualification. This program encourages students to connect with global peers and think creatively by solving problems for spotting potential opportunities.
Read on to learn more about the countries where ACCA qualification is recognized:
Employers all around the world seek ACCA qualifiers to lead their businesses to success by employing their practical training sessions. This qualification focuses on some critical areas of business management including the organization structure, governance, and management with key environmental influences and constraints on business accounting.
The history and role of accounting in business by preparing a trial balance with specific functions of accounting and internal financial control. Learning short-term decision-making techniques, strategies on managing teams by recruiting and developing an effective employee chain is a part of this qualification.
ACCA qualification is recognized globally and is fully recognized by the following countries:
- Europe:ACCA certified professionals are hired in Europe with good salary packages.
- The United Kingdom and Ireland: The ACCA or Chartered Certified Accountants issue permits, auditing, and other investment business work to individuals for conducting insolvency appointments as this qualification is fully recognized in both the United Kingdom and Ireland.
- European Union (EU), European Economic Area (EEA) & Switzerland: All the countries under the European Union wing have legally recognized this qualification.
- Turkey:In 2004, the Union of Chambers of Certified Public Accountants of Turkey was allowed to achieve ACCA membership by following the ACCA strategic professional level. They had signed a partnership agreement in the same year.
- North America: ACCA is a recognized qualification in North America.
- United States: ACCA is recognized in the United States of America but with some exceptions like in the case of the American Institute of Certified Public Accountants and National Association of State Boards of Accountancy. ACCA has almost 2015 members in the US.
- Canada: There are 3011 ACCA members in Canada.
- ACCA is also recognized in Oceania, Australia, CA ANZ Strategic Alliance, New Zealand, Caribbean, Central and South America, Africa, Namibia, South Africa, Zimbabwe, Asia, China, Hong Kong, Macau, Malaysia, Nepal, Pakistan, Singapore, Taiwan, and United Arab Emirates.
ACCA qualification is best suited for the corporate world and to strengthen an individual’s market credentials among potential employers. A supplementary qualification along with ACCA is always good for recruiters scouting for employees in the market. These courses are designed to focus on real-life scenarios for acquiring experience to sail through the contemporary business environment. So, if you are considering joining the squad, then consider ACCA in Singapore for sealing your place among the top business leaders.