Frequently Asked Questions

About ACCA


What is ACCA?  

ACCA (Association of Chartered Certified Accountants), also known as Global CA is the world’s fastest growing accounting professional body. With 188,000 members and 480,000 students, ACCA has established its presence in over 180 countries across the world (such as UK, Singapore, Dubai, Australia, Canada, etc.).

In India, ACCA members have great scope in MNCs such as PwC, EY, KPMG, Deloitte, Grant Thornton, BDO, Accenture, JP Morgan, etc

Why ACCA?  

ACCA is the world’s most progressive and supportive accountancy body driving your career towards even greater opportunity.

The scope of ACCA in India is increasing at an exponential rate.

The advantages of pursuing ACCA are:
- Earn a qualification equivalent to CA
- Complete the course in 2 years
- Pursue it along with your current job or bachelor's degree (BCom, BAF, BFM, etc.)

What is Scope of ACCA in India?  

The scope for ACCA in India is growing at a tremendous pace. ACCA members are securing professional jobs all across the countries in companies such as EY, PwC, Deloitte, KPMG, Grant Thornton, BDO, Accenture, McKinsey, Tata, Barclay's, Standard Chartered, etc.

Profiles for ACCA members in India include Accounting Advisory, Risk Advisory, Corproate Finance, Audit and Assurance, Internal Audit, Taxation, Investment Advisory, etc

These job offers are for the same designation, profile, as well as salary packages as the Indian CAs.

Further, there have been ACCAs from India who have secured jobs overseas in countries such as Australia, Singapore, Canada, Dubai, etc.

What are my Career options after completing ACCA?  

There are various options available for you once you become a qualified ACCA member:

- Work in a financial or consulting capacity in companies such as the Big 4. This could be to gain experience, or a long term plan if the country you reside in accepts ACCA as the signing authority
- Secure a professional role overseas in countries such as UK, Singapore, Dubai, Australia, Canada, etc.
- Immediately after your qualification, or post some experience gained, you can start your own business in any field fascinating you. ACCA knowledge and experience would help in many, and unexpected, ways.
- Study further. You could opt for a Masters program or something that could further your career.

Your choices can be targeted or various once you secure a valued qualification.

Do ACCA members have signing authority in India?  

No.

As an ACCA, you would not have signing authority, and consequentialy, not sign audit reports and practice audit by setting up your own firm.

However, there are ACCAs working in audit firms in India (including the Big 4) who can work as part of the audit team. The partner signing the audit report must be a member of the ICAI.

What is difference between ACCA and Indian CA?  

Both the courses are valued and reputed.

Is there an internship requirement for ACCA?  

The internship requirement is 3 years. This can be pursued before, during or after completing the ACCA exam.

If a student is working in India, he or she would need to have the work experience certified by an ACCA or an Indian CA (ICAI member).

This is similar to the articleship requirement in Indian CA (ICAI).

ACCA also expects 3 years’ work experience in the field of finance. Along with some performance objectives and a professional module to be attempted (you need only plan these once you have decided to enrol for the course).

Eligibility Criteria for ACCA  

The eligibility criteria for students vary for each country.

For India, students are eligible if they have completed:

10+2 / India School Certificate / Intermediate Certificate / Higher School Certificate / Higher Secondary Certificate / Pre-University Course/ All India Senior School Certificate/Senior Secondary School Examination

This is providing passes are held in 5 subjects (at least 3 in Year XII) including English and Mathematics / Accounts, mark of 65% in at least 2 subjects and over 50% on the others)
(For the Higher Secondary Certificate the marks are out of 200, so over 130 meets the 65% requirement and over 100 meets the 50% requirement.)
Below is a breakdown of the grades in terms of percentage and actual grade.
50%-60% = Satisfactory = C1
60%-70% = Good = B2
85%+, 80%-85%, 70%-80% = A1–A2, B1
For students having completed Grade 10 or not eligible for the above, they can also commence their ACCA qualification through the Foundation in Accountancy (FIA) route.

For further details about the eligibility criteria, you can contact us at Zell Education and we would be glad to solve all your queries.

How many papers can I give per attempt?  

you can appear for 4 exams per attempt, and a total of 8 exams each year.

How often are the ACCA exams held?  

F1, F2, F3, F4 are known as on-demand exams. These exams can be attempted at any time of the year.

F5 to P7 exams are conducted 4 times a year (every March, June, September, December).

What is the ACCA Course Structure?  

you can appear for 4 exams per attempt, and a total of 8 exams each year.

What is the passing rate for the ACCA exams?  

The average passing rate for ACCA exams globally is 40%.

The passing percentage at Zell Education is over 70%.

What is the fee structure for ACCA?  

F1, F2, F3, F4 are known as on-demand exams. These exams can be attempted at any time of the year.

F5 to P7 exams are conducted 4 times a year (every March, June, September, December).

How many Subjects do I have in ACCA?  

There are 16 Subjects

Exemptions for ACCA  

CA – F1 to F9
US CPA – F1 to F9 (Excluding F7)
MCom / BCom / BBI / BAF – F1 to F4
IPCC- F1 to F4, F6 & F8
CS – F4

What is the duration for completing the ACCA course?  

On an average, it takes between 2 to 3 years to complete the ACCA qualification.

Students have completed the entire course in 18 months as well.

What is the salary package for an ACCA in India?  

In India, the salary package of a fresher ACCA member ranges between Rs. 6-10 lacs per annum. Majority of the ACCA members receive a package equivalent to that of an ICAI member (Indian CA) in companies such as the Big 4 (PwC, EY, Deloitte, KPMG) and MNCs.

About Zell


Why Zell Education? 

Zell Education is the only ACCA training institute in Mumbai which is founded by ACCA members.

Our faculty have completed their ACCA exams as well as worked in corporates. As such, we understand ACCA from the studying perspective, the career perspective, as well as the teaching perspective.

We hold our students’ hands right from their registration, all through their coaching and assisting them with placements.

Where are we Located?  

Zell Education,
405B, Neelkanth,
Marine Drive, E Road,
Mumbai 400 002.

1 minute walking from Marine Lines station (West)

Our branches in Andheri and Ghatkopar shall be opening soon.

Who are the faculty at Zell Education ? 

Our faculty comprise of ACCA qualified members with practical experience in the industry from reputed companies such as KPMG, PwC, EY, Deloitte, etc.

The faculty members are trained through a rigourous process to provide the highest quality of coaching as per Zell Education's standards.

Does Zell Education provide placement assistance?  

Yes, we assist our students secure placements in companies after completion of the ACCA qualification in fields such as Accounting Advisory, Risk Advisory, Corproate Finance, Audit and Assurance, Internal Audit, Taxation, Investment Advisory, etc.

We also asssist our students secure inernships in companies which recognize the ACCA qualification in departments such as Internal Audit, Statutory Audit, Corporate Finance, Taxation, etc.


 

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For any other questions, write to us at reachus@zelleducation.com or call us on +91 9820 080 309