What is ACCA & Scope of ACCA in Pakistan

So you’ve heard the term ACCA thrown around and wonder what the hype is about.

You’re not alone. As one of the most globally recognized accounting qualifications,

ACCA opens up a world of possibilities that spark the interest of finance and accounting professionals across the globe.

 From eligibility criteria to exam breakdowns and more, here’s your complete lowdown so you can decide if going all in for ACCA is your next winning strategic move.

Established in 1904, ACCA is a worldwide accounting organisation that grants accreditation as a “Certified Chartered Accountant.” The Association of Chartered Certified Accountants (ACCA) is a global professional accounting body that offers the ACCA qualification. In a nutshell, ACCA is a globally-recognized accounting qualification focused on practical skills and knowledge. 

It’s open to all and offers flexible learning options. Completing ACCA can benefit your career prospects and lead to other advanced qualifications. Let’s discuss about what is ACCA and how you can pursue your career in ACCA.

5 Things You Should Know About ACCA


Taking on the ACCA qualification is a big commitment, so it’s important to understand what you’re getting into beforehand. Here are five key things to keep in mind:

  1. It’s a marathon, not a sprint. The ACCA qualification has 14 exams total, which most people complete over 3-4 years. Pace yourself and don’t rush through the exams too quickly. Take time to deeply understand each subject before moving on.
  2. You’ll need to put in consistent study time. Plan to commit at least 10 hours per week for self-study on top of your classes and tutoring. Consistency is key to stay on track over the multi-year journey.
  3. There’s flexibility in how you structure your studies. Many people work full-time while studying ACCA in the evenings and weekends. You can also study full-time or part-time. Think about what schedule will work best for your situation.
  4. Past exam papers are your best study resource. Use past ACCA exams to familiarize yourself with the exam format, style of questions asked, and how the concepts you learn translate into real exam questions.
  5. You’ll need grit and perseverance. Studying for ACCA isn’t easy. When the going gets tough, rely on your support system, practice self-care, and remind yourself why you started. Your hard work will pay off down the road!

The ACCA qualification requires dedication over an extended period of time. While challenging, the rewards of having those three letters after your name are immense. If you’re up for the challenge, proper planning and preparation will set you up for success.

What is ACCA and Top 10 Reasons to Study for the ACCA Qualification

What is ACCA? - Eduinsightspk

Earning the ACCA qualification can give your career a tremendous boost. Here are 10 compelling reasons to pursue it:

Global Recognition

The ACCA designation is recognized and respected in over 100 countries worldwide.

This global portability provides opportunities to work internationally.

Career Advancement

The skills gained through ACCA studies equip you for senior and strategic finance roles. Many ACCA members move into CFO or finance director positions.

Higher Salaries

ACCA qualified accountants typically command higher salaries than non-qualified accountants. The additional qualifications make you more valuable.

Exam Exemptions

If you have prior qualifications or work experience, you may be eligible for some exam exemptions, reducing the exams needed to earn the ACCA designation.

Flexible Learning

ACCA offers distance learning options allowing you to study anytime, anywhere at your own pace while working. This flexibility is ideal for busy professionals.

Employer Support

Many leading employers support staff studying for ACCA by providing study assistance, paid time off for exams, and salary increments upon completion.

Stand Out

Earning ACCA shows commitment and capability in accountancy and finance above and beyond a university degree in these fields.

Continuous Development

Through ACCA’s CPD program, you continuously update your skills and knowledge even after qualifying. This ensures you remain current in the field.

Networking Opportunities

As an ACCA trainee and member, you gain access to invaluable networking opportunities through local chapters, events and the global community.

Career Options

The ACCA qualification provides a strong foundation for a wide range of rewarding careers in accountancy, banking, corporate finance, auditing, and management.

Pursuing the prestigious ACCA qualification can significantly boost your career prospects and earning potential. If you aspire to be a globally-recognized finance professional, ACCA is an excellent path forward.

What is ACCA? - Eduinsightspk

ACCA Admission and Eligibility 

Ready to turn your accountancy dreams into reality? Here’s a breakdown of the key ACCA admission criteria and eligibility you need to know before getting started.

To be eligible for the ACCA qualification, you typically need:

• A high school diploma or equivalent

• To be 18+ years old

• To pass the ACCA’s initial assessments

Some universities may have additional prerequisites like a higher secondary certificate with certain grades. You’ll need to provide information on your personal details, education history and work experience. Once approved, you can officially register as an ACCA student and kickstart your studies!

What is ACCA? - Eduinsightspk

ACCA Duration and Exemptions

The length of the ACCA course depends on if you study full-time or part-time. On average, it takes 3-4 years to complete all the exams and practical experience requirements needed to become an ACCA affiliate.

The ACCA programme lasts three years for students who have finished their 12th grade, two to three and a half years for graduates in commerce, two years for IPCC groups, and one year for graduates in business and accountancy.

 You get 10 years maximum to finish the program after initial registration. Planning out your study timeline carefully is key.

If you already hold certain qualifications like a university degree, you may be eligible for some exemptions from the ACCA exams. This allows you to skip certain papers and start at a more advanced level.

See if your existing qualifications line up with the ACCA’s exemption policies to save time and money. Just be aware you still need to cover all the exam syllabus content eventually to earn the full certification.

ACCA Syllabus

The syllabus for ACCA is divided into 13 exams and 3 course levels, which are:

  1. Knowledge
  2. Skills
  3. Professional

The detailed ACCA subjects for each level are given below:

Knowledge Level; 

  • Business accounting 
  • Financial accounting 
  • Management accounting

Skill Level;

  •  Corporate and Business Laws
  • Performance Management
  • Taxation 
  • Financial Reporting 
  • Audit and Assurance 
  • Financial Management 

There are 5 exams at the Professional level focused on advanced skills:

  • Strategic Business Leadership
  • Strategic Business Reporting
  • Advanced Financial Management
  • Advanced Performance Management
  • Advanced Taxation

Additionally, you must complete 36 months of relevant work experience and a professional ethics module.

Completing the full Professional level earns the prestigious ACCA qualification and

“ACCA” designation. This qualifies you to work in senior finance roles across industries.The ACCA website has detailed syllabus documents on every exam’s content, structure and assessment approach. 

Be sure to review these closely when starting your ACCA journey.With strategic exam planning and hard work, you can successfully navigate the ACCA syllabus on your way to a rewarding finance career.

Top Colleges for ACCA in Pakistan 2025

With the ACCA qualification gaining popularity across Pakistan, there are many reputable colleges and tuition providers to consider. Choosing the right one for your learning needs and budget is key.

Here are the top 3 ACCA colleges and tuition providers you should check out in Pakistan:

Skills Academy

• One of the largest ACCA tuition providers in Pakistan

• Highly qualified and experienced ACCA tutors

• Flexible batch timings for working professionals

• Top notch study resources and mock exams

• Impressive ACCA exam pass rates

Pak Academy

• Specialises exclusively in ACCA tuition

• Provide both online and physical classroom options

• Additional career counselling and placement support

• Industry partnerships and scholarships available

• Strong track record with thousands of ACCA graduates

CATS College Lahore

• Globally reputed college network

• Cutting-edge study portal with 24/7 access

• Customizable batch options with guaranteed pass pledge

• Top notch instructors and dedicated student support

• State-of-the-art campuses across major cities

With small class sizes, convenient locations across Pakistan and academically sound ACCA coaching, any of these leading providers will set you up for success in your ACCA journey. Be sure to compare course structure, pass rates and fee plans before deciding on the best fit for your needs and budget.

FAQs

What is the scope of ACCA in Pakistan and abroad?

Scope of ACCA in Pakistan and Abroad

In Pakistan:

Career Opportunities: ACCA-qualified professionals are in high demand in various sectors, including finance, banking, auditing, consulting, and public practice.

Recognition: ACCA is recognized by the Higher Education Commission (HEC) of Pakistan, enhancing its value.

Versatility: ACCA members can work in diverse roles such as financial analysts, auditors, tax consultants, and CFOs.

Growth Potential: With the increasing number of multinational companies in Pakistan, there is a growing need for professionals with international qualifications like ACCA.

Abroad:

Global Recognition: ACCA is recognized in over 180 countries, including the UK, UAE, Canada, Australia, and Singapore.

Mobility: ACCA qualification provides the flexibility to work in different countries, offering a globally recognized standard of expertise.

Career Opportunities: ACCA professionals can work in a variety of sectors such as public practice, corporate, financial services, and government.

Professional Development: ACCA members have access to continuous professional development, keeping their skills relevant and up-to-date in the international market.

How much salary can one expect after doing ACCA?

Expected Salary After Completing ACCA

In Pakistan:

Entry-Level: Fresh ACCA graduates can expect to earn between PKR 50,000 to PKR 70,000 per month.

Mid-Level: With 3-5 years of experience, salaries can range from PKR 100,000 to PKR 200,000 per month.

Senior-Level: Experienced professionals, especially those in managerial or senior roles, can earn upwards of PKR 300,000 per month.

Abroad:

Entry-Level: In the UK, fresh ACCA graduates can earn between £25,000 to £35,000 annually. In the UAE, entry-level salaries range from AED 8,000 to AED 12,000 per month.

Mid-Level: With a few years of experience, salaries can range from £40,000 to £60,000 annually in the UK and AED 15,000 to AED 25,000 per month in the UAE.

Senior-Level: Senior professionals can earn over £70,000 annually in the UK and more than AED 30,000 per month in the UAE. Salaries in other countries vary but generally follow similar trends, reflecting the high demand for ACCA-qualified professionals globally.

How much does ACCA cost in Pakistan?

The cost of pursuing ACCA in Pakistan can vary depending on various factors such as registration fees, exam fees, tuition fees, and other miscellaneous costs. Here is a breakdown of the typical expenses:

Initial Registration and Subscription Fees:

Initial Registration Fee: Approximately £89 (around PKR 30,000).

Annual Subscription Fee: Approximately £122 (around PKR 40,000).

Exam Fees:
Applied Knowledge Exams: £86 per exam (around PKR 29,000).

Applied Skills Exams: £123 per exam (around PKR 41,000).

Strategic Professional Exams:Essentials (2 exams): £164 per exam (around PKR 55,000).

Options (2 exams): £164 per exam (around PKR 55,000).

Tuition Fees: These can vary widely depending on the institution. Typically, tuition for each paper ranges from PKR 20,000 to PKR 50,000 per paper.

Study Materials:

Books and Study Materials: Approximately PKR 5,000 to PKR 10,000 per paper.

Additional Costs:
Coaching Classes (optional): If you choose to attend additional coaching classes, the costs can add up, typically ranging from PKR 10,000 to PKR 30,000 per paper.
Estimated Total Cost

The total cost of completing the ACCA qualification in Pakistan can range from PKR 400,000 to PKR 700,000 or more, depending on the number of attempts, choice of tuition provider, and additional costs like coaching classes and study materials.

Which institute is best for ACCA in Pakistan?

Several institutes in Pakistan are well-regarded for their ACCA programs, offering quality education and resources. Here are some of the top institutes for ACCA in Pakistan:
SKANS School of Accountancy
Locations: Lahore, Islamabad, Faisalabad, Multan, and other cities.
Known for: Experienced faculty, comprehensive study materials, and high pass rates.

PAC (Professional Academy of Commerce)
Locations: Lahore, Karachi, Islamabad.
Known for: Strong reputation, quality teaching, and excellent student support.

CAMS (College of Accounting and Management Sciences)
Location: Karachi.
Known for: Affordable fees, experienced faculty, and good infrastructure.

Al-Hamd Academy
Locations: Karachi, Lahore, Islamabad.
Known for: Professional faculty, strong focus on exam techniques, and a supportive learning environment.

RISE School of Accountancy
Locations: Lahore, Islamabad.
Known for: High-quality education, modern facilities, and strong student support services.

Tabani’s School of Accountancy (TSA)
Location: Karachi.
Known for: Experienced faculty, excellent study materials, and high pass rates.

ACCA Study Centre
Location: Lahore.
Known for: Dedicated ACCA preparation, personalized attention, and good success rates.

University of Management and Technology (UMT)
Location: Lahore.
Known for: Comprehensive ACCA program integrated with university education, experienced faculty, and excellent facilities.

Each of these institutes has its strengths, so choosing the best one depends on your location, budget, and specific preferences regarding teaching style and facilities. It’s also beneficial to visit the institutes, talk to current students, and check their pass rates and faculty qualifications before making a decision.

Conclusion

You got the full lowdown now. From perks to syllabi, we covered everything ACCA. So, now you know What is ACCA and how you can puruse your career after the completion of ACCA.

Where you go next is up to you. Maybe you sign up for classes or just mull it over. Either way, you’re armed with details to decide if it works for your goals. 

Weigh the pros and cons as they relate to you. An ACCA certification takes work but pays dividends for countless folks. Trust your gut in mapping your next steps. If ACCA training fits into your big picture, seize the moment and leap.

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dev-edu

I have a personal philosophy in life: If somebody else can do something that I’m doing, they should do it. And what I want to do is find things that would represent a unique contribution to the world

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