Employment opportunities for ACCA members in Nepal

Considering the very fact ACCA offers one among the worldwide leading accountancy courses in our country exclusively and progressively.

ACCA is one of the leading and fastest-growing professional organizations within the world. The Association of Chartered Certified Accountants was established in 1904 that maneuver from the United Kingdom proposing the “Chartered Accounting Course” qualification across almost 181 countries with over 200,000 members and 500,000 students towards leading thereon. Through ACCA is within the 181 countries everywhere the globe, you’ll build a successful career as a licensed accountant after completing the ACCA qualification.

ACCA offers a career in developing your skills in several sectors like Industries, banking, auditing, and consulting. ACCA certified professionals also can believe their career within the field of taxation and finance at the service of the government.

So let’s talk about the courses that you have to go through while studying ACCA.

Course Structure of ACCA

To qualify as an ACCA member, candidates are required to attempt and clarify the following important courses:

But foremost let’s have a summary of these important points before you read out the courses of ACCA

• It is very necessary to attempt and clear 13 exams (ACCA does provide exemptions in some exams depending upon the candidate’s previous qualification)
• You must record 36 months’ experience during a relevant role. You can acquire the experience before /during/ after completion of the qualification.
• The Ethics and Professional Skills module must be completed.

Furthermore, ACCA has divided the 13 courses and exams into three levels: Knowledge, Skills & Professional.

Knowledge level

3 Courses

• F1-Business Accounting
• F2-Management Accounting
• F3-Financial Accounting

Completion of these levels from F1-F3 alongside Foundation in Professional Ethics module helps you to earn a Diploma in Accounting & Business.

Skill level

• F4-Corporate and Business Law
• F5-Performance Management
• F6-Taxation
• F7-Financial Reporting
• F8-Audit and Assurance
• F9-Financial Management

Completion of 9 subjects (including 3 within the Knowledge Level) along with side Ethics & Professional Skills module, can earn you a complicated Diploma in Accounting & Business.

Professional level

Essentials

Strategic baron (SBL)

Strategic Business Reporting (SBR)

Options (Any 2 from 4)

P4-Advanced Financial Management (AFM)

P5-Advanced Performance Management (APM)

P6-Advanced Taxation (ATX)

P7-Advanced Audit and Assurance (AAA)

Ethics and professional skill

Students must complete the Ethics and Professional Skills module which develops an entire range of skills that’s demanded by the employers.

You must have professional skills to qualify as an ACCA member; students must have completed 36 months’ relevant professional skills and achieve 9 performance objectives.

Time Duration to complete to clear ACCA

Every course has its time limit to complete it so does ACCA have. Overall, ACCA has 14 subjects that need to be cleared so on finish the examinations.

The ACCA exams are often completed within 2.5 years approximately. This is often ready to entitle the student to the ACCA Affiliate status.

However, this is often just one of the standards for completing ACCA to realize the whole qualification, the student must even have 3 years of relevant practical experience, complete certain objectives (called Performance Objectives, which could presumably be achieved during the three years of experience), also as an Ethics module. All of these are often achieved before/ along with/ after the examinations.

A student can complete the entire course is 3 years which is meant to be fastest. However, the ‘Affiliate’ status is often achieved within a shorter period.

The average salary of the ACCA qualified in Nepal

Well, the salary starts at an average range. As you’re the student of Nepal can thinking about moving to the globe in the pursuit of opportunity, the salary starts with a basic level in other countries too.

But the salary of ACCA in Nepal begins from the standard price of Rs.25000. With the increment in your experience and development skills, this range can be higher with the time.

As it is globally accepted education and industry-related progression, ACCA aspirant or professional can pursue them to maneuver around to the globe.

Sectors or jobs in Nepal for qualified ACCA

It can work across fields as a Management Accountant, Finance Manager, Financial or Business Analyst, Financial Consultant, adviser, Financial Planner, etc. throughout Nepal as within the world. Making the priority considering our country, mainly jobs offered to ACCA within Nepal as follow:

• Finance & consulting sectors
• Banking Sectors
• Healthcare
• NGOs/INGOs
• Insurance
• Public Sector
• FMCG
• Business Management

ACCA certified accountant is a highly demanded profession worldwide, pursuing this course as a career is going to be beneficial and accepted throughout the world. Considering the ACCA course in Nepal, the number of intakers is growing rapidly, as presently the ACCA holders are being recognized both in government and non-governmental organizations.

Want to know more about the ACCA professional course in Nepal, contact us!