Imagine graduating at 20 with not just a degree but an actual global qualification in your hand! That is the power of combining ACCA with BAF. In today’s competitive world, being a regular graduate may not guarantee you that dream job.
However, by pairing the Bachelor of Accounting & Finance (BAF) with the ACCA certification, you make yourself indispensable to employers from the beginning. Killing two birds at once: graduating with your BAF while earning an internationally recognized accounting qualification puts you on the fast track to success!
ACCA with BAF Benefits:
Combining ACCA with BAF can provide numerous benefits that are not available in either program individually. BAF provides a strong foundation in accounting and finance, whereas ACCA provides advanced knowledge and skills in accounting and financial management. Together, they create a comprehensive program that prepares students for a successful career in the field of accountancy and finance.
One of the key benefits of combining ACCA with BAF is that it provides students with a competitive advantage in the job market. Employers are looking for professionals who have a diverse skill set, and the combination of ACCA and BAF provides just that. The BAF program covers topics such as financial accounting, cost accounting, and financial management, while the ACCA certification provides advanced knowledge in areas such as financial reporting, taxation, and audit and assurance.
Another benefit of combining ACCA with BAF is that it can lead to higher salaries. According to a survey conducted by ACCA, professionals who hold the ACCA qualification earn an average of 36% more than those who do not hold any professional accounting qualification. Similarly, BAF graduates also earn higher salaries compared to graduates from other disciplines. Therefore, combining the two programs can lead to even higher salaries and more career opportunities.
Recognition Across the Globe: ACCA is recognized in more than 180 countries, so you are not limited to job opportunities in one region.
Higher Prospect of Jobs: Employers do love candidates with double qualifications, especially those who have a solid BAF foundation and advanced globally recognized skills for ACCA.
High Earning Ability: ACCA-qualified professionals usually have a better earning ability than even those people with a bachelor’s degree.
Flexible Schedule to Study: BAF courses do not hamper the flexible schedule of ACCA studies since the ACCA structure is flexible.
Faster Growth Career: ACCA’s case-based and practical approach prepares you for the real world, and hence it goes ahead of everyone.
ACCA and BAF Subjects
ACCA Subjects
The following is a list of subjects in ACCA:
- Business and TechnologyÂ
- Management Accounting
- Financial Accounting
- Corporate & Business Law
- Performance Management
- Taxation
- Audit & Assurance
- Strategic Business Leader
- Strategic Business Reporting
BAF Subjects
The following is a list of subjects in BAF:
- Financial Accounting
- Cost Accounting
- Financial Management
- Business Communication
- Business Economics
- TaxationÂ
- Auditing
- Business Law
- Management Accounting
ACCA with BAF Salary
With a BAF degree, ACCA can advance your career prospects and increase earnings. Salaries go up to ₹12 lakhs annually with this powerful combination – a solid accounting and finance foundation and internationally recognized advanced financial management expertise. Whether for multinational corporations, or starting your own venture, ACCA with BAF gives you an edge in the job market today.
ACCA with BAF Opportunities:
Combining ACCA with BAF can open up numerous career opportunities in the field of accountancy and finance. ACCA is a globally recognized qualification that is respected by employers around the world. Similarly, BAF is a well-known program that is offered by numerous universities and colleges. Therefore, professionals who hold both qualifications can access a wide range of job opportunities in different industries and sectors.
Read this blog about Where will You Stand After Completing ACCA in India
Financial Accountant: Preparation of financial statements, ledger management, regulatory compliance, and analysis of financial information for decision-making purposes.
Management Accountant: Budgeting, variance analysis, financial planning, and analysis, as well as providing financial insights for strategic business decisions.
Tax Consultant: Tax planning advice to the clients; preparation of tax returns; compliance with tax laws; representing clients before auditors and other taxation bodies.
Internal Auditor: Conducts an assessment of the effectiveness and efficiency of the internal controls and risk management process; maintains policies; provides suggestions for improving efficiency and effectiveness.
Financial Analyst: Supports business planning by analysing financial data; developing financial models, and preparing reports for the stakeholders.
FAQs on Why ACCA with BAF?
Can we do BAF and ACCA together?
Of course, you can, as the exam system is flexible in ACCA. You can complete both simultaneously with your BAF bachelor’s degree.
Which bachelor’s degree is best with ACCA?
BAF offers a great option because it shares several subjects with the same ACCA, allowing students to attempt them simultaneously.
Is ACCA more in demand than CA?
Both qualifications are valued, but ACCA has more global recognition than CA, which is more focused on specific regions.
Is ACCA tough to crack?
Of course, it is, but yes, with the right preparation and dedication, it’s achievable.
Does ACCA cover finance?
Yes, ACCA includes detailed finance modules such as financial management, financial reporting, and taxation.
