This is a very common question faced by most students. CA and ACCA is the most valuable course in India. But ACCA is becoming popular in India. So confusion arising about ACCA and CA, no value changing for CA course in India. CA is the evergreen choice another one not ensure that much because of its newest. Its like mobile battery life. Both courses are highly respected and focused on the content and realistic approaches to learning.
Chartered accountants are those practitioners trained to perform complex accounting practices such as auditing financial statements, filing tax returns and financial advice. The professional body that oversees this community of accounting professionals is the ICAI (Institute of Chartered Accountants of India) under the Parliament Act.
ACCA (Association of Chartered Certified Accountants) is a national Chartered Accountancy certification. It is a very versatile course, as students can write the papers in the 4 exam windows at any time. The additional benefit is that, unlike CA, they only need to write the particular paper in case they don’t clear one paper and not the whole group
|Duration||4.5 – 5||2-3 years|
|Pass Criteria||40% for Individual subjects and 50% aggregate in each group||50% for individual papers|
|Fees||1 lakh||2-3 lakh|
|Enrolling Work Experience||No||Minimum of 3 years|
|Salary||4- 6 lakh||5-6 lakh|
Can one jointly do ACCA and CA?
Most experts who have been in this field for quite a long time and have also been through this journey think that one should apply first for CA and then try ACCA, as this way you would have already completed the 3-year articleship and along with it you will also be released from 9 out of the 15 exams that are a part of the ACCA curriculum.
As you have the right to sign audit books internationally as well as in India, ACCA and CA should train you for a professional life that has no geographical boundaries.