Exams administered by ACCA (Association of Chartered Certified Accountants) are among Nepal’s most highly regarded exams. As ACCA Nepal has gained a great deal of recognition over the past few years, we strongly encourage you to join. The ACCA certification is relatively new in Nepal, so students struggle to decide whether it is a good career choice.
Learn how ACCA can benefit you and prepare for upcoming ACCA exams in this article.
We all know that the ACCA qualification is equivalent to the CA (ICAN) certificate in Nepal. CA qualifications, however, may be challenging to obtain. However, in Nepal, a CA degree is a requirement if you want to work in one of the accounting firms or set up your own business. Because of their vast knowledge about taxes, laws, Nepalese economies, policies, etc., a Nepali CA is a great choice.
As well, ACCA is a mandatory qualification for those who aspire to work abroad. Australia, the UK, Singapore, Dubai, and Australia all have ACCA job opportunities. Furthermore, for students who want extensive finance knowledge and experience, ACCA is an excellent option.
What are the career opportunities at ACCA?
ACCA offers a variety of career opportunities worldwide. Apart from being an accountant, an ACCA professional can also work as a management consultant, financial planner, etc.
ACCAs cannot pursue auditing in Nepal. An ACCA Nepal member is not authorized to sign audit reports, so he cannot sign them. A similar problem applies to setting up his own auditing business. ACCA Nepal professionals can do auditing in the UK.
ACCA Nepal job opportunities and salaries
Job opportunities for ACCAs in Nepal have increased significantly in recent years. Growing numbers of multinational corporations and Big 4 companies have led to a steady increase in ACCA jobs.
Due to the increased awareness of ACCA’s benefits, the industry has seen a significant increase in candidates interested in taking the certification exam.
ACCA anticipates an influx of many such graduates to make Nepal a significant global market for their services. As such, the Nepali economy is on the path of growth and globalization. Consequently, many multinational corporations and large international companies seek out Nepali accountants and ace finance experts.
ACCA salaries in Nepal are comparable to CA salaries. An ACCA qualified professional can earn an average salary of up to 8 lac per year. Generally, salary ranges from 4 lac p.a. to 15 lac p.a. Depending on whether a candidate has the skills, what the company wants, and how tough the competition is, it could go higher.
Who in Nepal & Global is hiring ACCAs?
The ACCA qualification is viewed as a valuable asset by top firms such as EY, PwC, Deloitte, and KPMG. In addition, ACCA India professionals are recruited by MNCs such as Tata Grant Thornton and Embassy Group. Apart from that, HSBC, Accenture, and Shalimar Paints also look for ACCA-certified accountants.
With over 180,000 members in more than 170 countries, ACCA is currently home to around 490,000 students. We are finding more ACCA students and jobs as the popularity of the qualification increases.
A trendy alternative is the ACCA, which covers IFRS (International Financial Reporting Standards) from beginning to end, a qualification that is useful around the globe. As a result, ACCA provides excellent opportunities both in Nepal and abroad