Bcom with ACCA
Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA or FCCA). From June 2016, ACCA recorded that it has 188,000 members and 480,000 students in 178 countries. ACCA’s headquarters are in London with principal administrative office in Glasgow. ACCA works through a network of 100 offices and centres and more than 7,100 Approved Employers worldwide, who provide employee development.
The term ‘Chartered’ in ACCA qualification refers to the Royal Charter granted in 1974. Chartered Certified Accountant is a legally protected term. Individuals who describe themselves as Chartered Certified Accountants must be members of ACCA and if they carry out public practice engagements, must comply with additional regulations such as holding a practising certificate, carrying liability insurance and submitting to inspections.
The Association of Authorised Public Accountants (AAPA), one of the British professional bodies for public accountants, has been a subsidiary of ACCA since 1996.ACCA works in the public interest, assuring that its members are appropriately regulated. It promotes principles-based regulation. ACCA actively seeks to enhance the value of accounting in society through international research. It takes progressive stances on global issues to ensure accountancy as a profession continues to grow in reputation and influence.
+2 Commerce or Science with 50%
AB - Accountant in Business
As a start point the Accountant in Business module provides students with an overview of the commercial landscape and how this influences the organisation, which in turn impacts on the role of the accountant.
MA - Management Accounting
This module helps candidates to develop an understanding of costs and other quantitative information, and how this can influence the decision making process for managers.
FA - Financial Accounting
This module provides an overview of double entry accounting techniques and the methodologies required to prepare basic financial statements. This also includes preparation of consolidated statements and interpretation of financial statements.
Diploma in Accounting and Business You gain a Diploma in Accounting and Business when you pass:
The first three exams of the ACCA Qualification (AB, MA and FA)
The Foundations in Professionalism ethics module.
Depending on when you take your ethics module, you could get this award in 6-12 months.
LW - Corporate and Business Law
This module allows students to identify the basic frameworks of law associated with business and identify situations where legal interventions may be required.
PM - Performance Management
Following this module students will be able to use management accounting techniques in order to impact on planning, decision making and performance evaluation.
TX - Taxation
This module allows students to start to get to grips with how taxation affects individuals and companies.
FR - Financial Reporting
This module guides students through the process of understanding how to use accounting standards in the preparation and analysis of financial statements.
AA - Audit and Assurance
This module helps the student to understand the importance of audit and monitoring for within a regulated environment.
FM - Financial Management
Financial managers are responsible for high level decisions in the business regarding things such as pay, investments and dividends. This module helps to understand the implications of such aspects better.
Advanced Diploma in Accounting and Business You gain the Advanced Diploma in Accounting and Business when you pass:
All the exams in Applied knowledge and Applied skills
The Ethics and professional skills module.
Depending on when you take your exams and ethics module, you could get this award in 12-18 months.
ACCA and Oxford Brookes University have worked together to develop a BSc (Hons) Degree in Applied Accounting, which is available exclusively to ACCA students who wish to obtain a degree while studying towards the ACCA Qualification.
Know More (http://www.accaglobal.com/gb/en/student/exam-entry-and-administration/oxford-brookes-bsc-hons-in-applied-accounting.html)
SBR - Strategic Business Reporting
Students will get the skills needed to confidently speak the language of business and explain reports to a wide variety of stakeholders.
S SBL - Strategic Business Leader
The Student will demonstrate the right blend of technical, ethical and professional skills in the evaluation, synthesis and presentations of responses through the context of an innovative case study.
AFM - Advanced Financial Management
Following this module students will be able to demonstrate professional judgement in their application of decision making in a financial environment.
APM - Advanced Performance Management
The Student will be able to apply relevant knowledge, skills and exercise professional judgment in selecting and applying strategic management accounting techniques in different business contexts and to contribute to the evaluation of the performance of an organisation and its strategic development.
ATX - Advanced Taxation
At the advanced taxation level students will understand in greater depth the implications of the taxation system on individuals and businesses alike.
AAA - Advanced Audit and Assurance
At this level students will gain a detailed understanding of how to evaluate, analyse, conclude and report on issues of assurance and audit.
So you've decided that financial and accountancy is the profession apt for you. But how do you decide the financial and accountancy qualification you want to pursue?
Every eight minutes, somewhere in the world, someone registers as an ACCA student. So will you not stand out from the crowd? Absolutely, ACCA students and members are individuals in every sense, not bound by business-sector country-border constraint.
ACCA has been around here over 100 years and in that time it has built a reputation of excellence in qualifications and training that is recognized around the world, especially by employers of accountants.
We also provide the opportunity to get a B. Com degree along with the ACCA course. The students will also complete their Indian B. Com degree in the institute. This provides opportunity for the students to get an Indian degree along with an international qualification. Thereby, increasing the scope and opportunities for our students in the job market, nationally and internationally. The B. Com degree would help the students to get all the relevant skills and opportunities which the prestigious Bharathiar University has to offer. Hence, a student would be able to get dual degree within a three years period.