Why to Do ACCA After CA? Check 5 Main Reasons

If you have completed your Chartered Accountancy (CA) and are wondering what’s next, then ACCA After CA might be the perfect path for you. The Association of Chartered Certified Accountants (ACCA) is a globally recognized qualification that can enhance your career by providing international exposure, a broader skill set, and higher salary prospects. 

Here, we will explore why ACCA After CA is a great choice and how it can benefit your career.

What is ACCA?

The Association of Chartered Certified Accountants (ACCA) is a globally recognized professional qualification in accounting and finance. Equivalent to a full university degree, it follows international standards set by the International Federation of Accountants (IFAC). The qualification is highly flexible, allowing students to balance their studies with work commitments.

ACCA professionals are in demand worldwide due to their strong knowledge of International Financial Reporting Standards (IFRS) and global taxation laws. The course consists of 13 exams divided into three levels: Knowledge, Skills, and Professional. Additionally, students must complete an Ethics and Professional Skills module and gain three years of relevant work experience to qualify as an ACCA member.

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Why Pursue ACCA After CA?

If you are a Chartered Accountant (CA) and looking for ways to advance your career, pursuing ACCA After CA can be a game-changer. Below are the five key reasons why this qualification can be highly beneficial:

1. International Opportunities with ACCA After CA

One of the biggest advantages of pursuing ACCA After CA is the opportunity to work internationally. While CA is primarily recognized in India, ACCA is accepted in over 180 countries, including the UK, UAE, Singapore, Canada, and Australia.

Many multinational corporations (MNCs), including Big 4 firms like Deloitte, PwC, EY, and KPMG, actively seek ACCA professionals due to their expertise in global accounting standards. With an ACCA After CA qualification, you can significantly improve your chances of securing international job roles.

2. Skill Set Expansion with ACCA After CA

The ACCA After CA route provides a broader and more diversified skill set. While CA primarily focuses on Indian taxation and financial regulations, ACCA gives you an in-depth understanding of:

• International Accounting Standards (IAS)

• International Financial Reporting Standards (IFRS)

• Global taxation laws

• Financial management techniques

• Business strategy and risk assessment

These additional skills make you a more competent and well-rounded finance professional, giving you an edge over others in the corporate world.

3. Higher Compensation with ACCA After CA

Adding ACCA After CA to your resume can lead to better job opportunities with higher salary packages. Due to the global demand for ACCA-certified professionals, many companies offer premium salaries to those who hold both CA and ACCA qualifications.

• In India, a CA typically earns between ₹7-15 LPA at the beginning of their career.

• However, an ACCA After CA can earn ₹12-25 LPA, depending on experience and job role.

Many ACCA professionals also secure international placements with significantly higher salary brackets.

4. Chance to Work for Top Firms with ACCA After CA

Many Big 4 firms and global MNCs prefer hiring ACCA professionals due to their expertise in international accounting standards. Companies like JP Morgan, Barclays, HSBC, and Morgan Stanley actively recruit ACCA members for roles in financial reporting, audit, taxation, and consultancy.

Completing ACCA After CA makes you a preferred candidate for such high-profile firms, offering excellent career growth opportunities. The ability to work in multiple financial domains across different countries is a major advantage of this qualification.

5. An Accelerated Learning Pathway with ACCA After CA

The best part about pursuing ACCA After CA is that you can complete it in a shorter duration due to exemptions. As a qualified CA, you may receive exemptions for up to 9 papers, allowing you to complete ACCA in just one year.

Check below the ACCA duration based on your qualifications:

This accelerated pathway ensures that CA professionals can gain an internationally recognized qualification without investing too much additional time.

Pursuing ACCA After CA is one of the best decisions you can make to enhance your career. The qualification provides global recognition, a broader skill set, higher salaries, international job opportunities, and an accelerated learning pathway. If you aim to work for top firms and expand your professional horizon, ACCA After CA is the perfect choice for you.