5 things to know about being an ACCA qualified Accountant
There are many benefits to becoming a member of the Association of Chartered Certified Accountants (ACCA) – the global professional body offering the Chartered Certified Accountant qualifi;cation. With over 178,000 members and 455,000 students in 181 countries, it is one of the most highly-esteemed organisation within the finance sector. The body’s qualifications are benchmarked against education levels around the world, to ensure only highly-able individuals carry ACCA membership.
If you are training to become an ACCA qualified accountant, or if you’re deciding whether to study the ACCA qualification, here’s what you need to know:
1. ACCA qualifications are highly respected
As an ACCA qualified accountant, you’ll have the opportunity to work anywhere you choose, in any business sector, at home or internationally.The ACCA have 7,110 approved employers globally who know they are hiring someone who has the up-to-date technical skills and knowledge they need and can deliver for their company. As an ACCA accountant, you’ve committed to continue your professional development which shows dedication to best practise and that you are bring supported by a body known for its commitment for driving standards of professionalism, ethics, integrity and accountability.
2. ACCA qualifications should be on your CV
On your way to ACCA membership, you may study for a number of qualifications, including a Diploma in Accounting and Business and an Advanced Diploma in Accounting and Business. Being able to document these professional achievements on your CV will prove your knowledge and skills, and differentiate you from other candidates.
As well as your qualifications – culminating in your Chartered Certified Accountant status – you should also document your relevant accountancy experience in a prominent place on your CV. Include all roles you have held, responsibilities you have taken on, the skills you have gained and the value you added to employers.
3. ACCA accountants should keep learning
As an ACCA qualified accountant and member, you are required to continue your professional development. But this shouldn’t be considered a tick-box exercise – you should view training, coaching and further learning as being an investment in your career. The nature of accountancy is changing; as the finance function moves ever closer to the centre of business, the role accountants play is changing with it. It is important to keep up to date, learn new skills and techniques, and document your progress on your CV to show your commitment.
4. ACCA accountants have a variety of career options
Gaining Chartered Certified Accountant status ensures you have a range of career options. For instance, you could choose to work in tax, audit or advisory roles in the technology, music or sporting industry. You may opt to work as an in-house Accountant or for a specialist firm, in a large organisation or SME. The demand for skilled ACCA qualified accountants are rising across all industries and is stable regardless of economic conditions. ACCA gives you the complete skillset required of a finance professional, and so that you can choose the right finance role for you in any industry.
5. ACCA accountants can earn more
As an ACCA qualified accountant, you have the opportunity to negotiate higher pay with employers and secure progression to more senior roles. You need to be able to demonstrate the additional value you can add, as a result of being an ACCA member. The Robert Half Salary Guide reveals that the average group accountant, working for a large organisation, can expect to earn between £45,500 and £70,250 this year*, while company accountants working for smaller organisations should take home between £31,750 and £52,000. As an ACCA qualified Chartered Accountant, you can expect to earn over £62,000**.
If you would like a rewarding career in Accountancy, Finance or Management our online, internationally recognised ACCA course could be the right starting point for you. Call a Course Advisor today 020 7173 5685 for more information.
*Robert Half, 2015
**Salary Checker, 2016