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QUESTION

What is the difference between CA and ACCA ?

i m a bcom graduate from pune university.i m confused btw CA and ACCA to take up next year.does ACCA have enough scope in india as compared to CA?please help.and by2011 the IFRS is goin to standardise al CA\'s.please comment on it.
 
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ANSWERS (3)

 
 
Shiksha Counselors 4 years ago
Hi, both the courses you are considering are of repute. We would suggest you to decide depending on your interest and career objective. We are providing you some information about both the courses which might help you to take decision.   Association of Chartered Certified Accountants (ACCA) is a professional accountancy body of the United Kingdom. This has opportunities in areas like – Financial Accountancy, Internal Auditing, Management Accountancy, Auditing, Taxation, Corporate Recovery and Management Consulting. An ACCA qualification is not equivalent to being a CA. You may get a job as a professional accountant but you will not be able to practice as a CA unless you complete your Chartered Accountancy from ICAI.   The multinational companies in India are also offering opportunities to ACCA professionals. You can find employment opportunities with various multinational companies, financial organisations, international or national banks etc…   CAs work includes maintaining accounts in a firm, Accountancy, Auditing, Taxation, Investigation and Consultancy. Accounting and Financing are integral part of any business establishment, whether it is public sector or private sector. CAs are therefore highly in demand because of their capability to provide complete business solution. A career in Chartered Accountancy is much sought after because they possess the knowledge of identifying risks and designing control mechanism to counter those risks. CA course provides a scope to work with big corporate houses, in private or public organizations, starting his/her business. About standardization of all CA's, The Institute of Chartered Accountants of India (ICAI) has announced that IFRS will be mandatory in India for financial statements for the periods beginning on or after 1 April, 2011. This will be done by revising existing accounting standards to make them compatible with IFRS. You may clarify this from ICAI (Institute of Chartered Accountant of India) (www.icai.org). All the best!
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ANIL47180 3 years ago
NO ACCA DOES NOT HAVE MORE SCOPE THAN CA
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aks31913 llll
2 years ago
 
 
 
aks31913 if you want to work in india ,in most cases you would if are living in india,than opt for icai as you get the freedom to practice.income in both cases are almost equal.you can later do acca also after icai.you will get exemption in 7-8 papers out of 14.
2 years ago
 
 
 
 
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Sundar Rawat 4 years ago
well.. I would suggest you to go for ACCA. CA is not globally recognized... and ACCA is globally recognized qualification... and It has all elements of IFRS as well.. you are right that by 2011, IFRS is going to implement and by 2014 will be compulsary worldwide for every business.... so plz go for ACCA. I can suggest you best Institute for doing ACCA.. They are Gold approved learning partner of ACCK UK. PIRON Education, they are giving tuitions for ACCA students in more that 15 countries. you can go for it. Visite their website for more info - http://www.pironeducaiton.com ... .Cheers :)
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Annie Francis You can also go to the first gold approved learning provider in India for ACCA Get Through Guides. They provide both distance learning and classroom training. They are also publisher of ACCA books and give the best study materials. Try it out . www.getthroughguides.com..... all the best
3 years ago
 
 
 
Hina Hoskins What about the difficulty level of both? i hear that ACCA is much easier than CA. is that so? :/
9 months ago
 
 
 
Hina Hoskins What about the difficulty level of both? i hear that ACCA is much easier than CA. is that so? :/
9 months ago
 
 
 
Annie Francis Hi Hina,

There are no articificial barriers in ACCA . The papers are not grouped you can choose to do one paper in an attempt or max four papers. It is upto you. There is no standard deduction in ACCA. If you have scored and passed then you pass. Overall in the world the passrate of ACCA ranges from 40 to 47%
9 months ago
 
 
 
 
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