The Association of Chartered CertifiedAccountants (ACCA) has entered into a tie-upwith Chennai-based BRK academy to offervirtual learning classes.
Here is an opportunity for aspiring chartered certified accounants to learn from ACCA itself. BRK academy, the Chennai-based finance lab trainers will partner with ACCA for virtual learning classes.
ACCA requires 14 papers to be cleared and three years of professional experience to become a Chartered Certified Accountant.
“We chose BRK academy for their reputation. They offer unique programmes. These two factors made them our choice for this virtual learning programme,” explains Aziz Tayyebi, Head, International Development, ACCA.
BRK academy pioneered in teaching financial concept analysis and giving practical training for graduates, postgraduates and working professionals. “With the introduction of the ACCA module, BRK will now cater to even school students,” says B. Ramakrishnan, Founder, BRK academy.
ACCA-qualified accountants are in great demand in the market owing to the growing foreign corporation establishments in the country. “Multi-national companies prefer ACCA professionals to chartered accountancy (CA) professionals as ACCA is accepted world-wide. Also, the initial salary for these professionals is quite promising.” There is no specific eligibility criterion for pursuing ACCA. Just like CA, students from Class XI can enrol for classes and clear two papers during higher secondary education. All commerce students are eligible to take the exam.
The students can enrol themselves in a class with flexible hours during weekdays and weekends. “Students can join our regular BRK courses along with ACCA courses,” adds Mr. Ramakrishnan.
“Career prospects are the most lucrative part of ACCA. More than 4.3 lakh students study this professional course. Qualifying this course will enable them to have an international reach due to its acceptance across nations,” says Mr. Tayyebi. Another important fact is that this course covers almost all aspects of finance, which is not common in most other professional financial courses. “ACCA also offers students an International Finance Reporting Standards (IFRS). They will receive a B.Sc degree in Applied Accountancy from Oxford Brookes University in the U.K., with which the U.K.-headquartered accountants’ body has a tie-up.
“Currently we will be learning-partners with ACCA. By the end of next year, we hope to become associate learning-partner,” says Mr. Ramakrishnan. “We are aiming to begin the classes by January 2014. The exams will be computer-based and held at centres approved by ACCA. They will be invigilated and administered by the British Council,” says Mr. Tayyebi.
ACCA- Fundamental level
F1- Accountant in Business
F2- Management Accounting
F3- Financial Accounting
F4-Corporate and Business Law
F7- Financial Reporting
F8- Audit and Assurance
F9- Financial Management
ACCA – Professional Level
P1 – Governance, Risk and Ethics
P2 – Corporate Reporting
P3 –Business Analysis
P4 and P5 (Any 2 of the following four papers should be completed)
Advanced Financial Management
Advanced Performance Management Advanced Taxation
Advanced Audit and Assurance.