Which one is better: CA or ACCA in terms of scope and higher salary package?

Hi Rail, Both CA and ACCA have almost same course. CA follow Indian accounting standards although new syllabus has included IFRS as an elective paper. But, ACCA purely follows International accounting standards (IFRS) In India Acca is still in growing pace but CA is the most respectable degree of commerce. ACCA is an international degree and is valid across the globe. A further difference is mentioned below: I) Relevance:CA from ICAI is the only one qualification that allows a person to practice as a Chartered Accountant in India, while ACCA is the one qualification that can be called a truly global Chartered Accountancy qualification. In India also ACCA students are getting placed easily in Big 4 and MNCs. Ii) Toughness: CA being regarded as one of the toughest qualification to pass has its own value and standing. ACCA is by no means easy to pass and Indian students will definitely have to switch from the rote learning methods to one based on understanding and application. But the absence of group system will take away the frustration attached to doing CA and make it easier to pass. Iii) Cost: Being a UK qualification, ACCA is far costlier than doing CA. Iv) Average salary: Both the professions do not gave much difference in pay scale. CA command average salary of 3-9 Lacs pa. On the other hand ACCA command 4-10 Lacs pa. Thank you.

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Both CA and ACCA are almost the same course. CA follows Indian accounting standards although new syllabus has included IFRS as an elective paper. But, ACCA purely follows International accounting standards (IFRS) In India, ACCA is still in growing phase but CA is the most respectable degree of commerce. ACCA is an international degree and is valid across the globe. A further difference is mentioned below: I) Relevance: CA from ICAI is the only one qualification that allows a person to practice as a Chartered Accountant in India, while ACCA is the one qualification that can be called a truly global Chartered Accountancy qualification. In India also ACCA students are getting placed easily in Big 4 and MNCs. Ii) Toughness: CA being regarded as one of the toughest qualification to pass has its own value and standing. ACCA is by no means easy to pass and Indian students will definitely have to switch from the rote learning methods to one based on understanding and application. But the absence of group system will take away the frustration attached to doing CA and make it easier to pass. Iii) Cost: Being a UK qualification, ACCA is far costlier than doing CA. Iv) Average salary: Both the professions do not give much difference in pay scale. CA command an average salary of 3-9 LPA. On the other hand, ACCA commands 4-10 LPA.

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