ACCA is the Association of Chartered Certified Accountants, and understanding the scope of ACCA in India can significantly enhance your career prospects. If you are interested in achieving the prestigious designation and are looking for a step-by-step guide to the ACCA registration process.
In this article further, we will continue to discuss how to register in ACCA and various related aspects of ACCA registration cost to help you make an informed decision.
Table of Contents:
Understanding ACCA Registration
To register for ACCA, you must be aware of the fact whether you are eligible to pursue it or not. You can start your ACCA coaching right after you have passed your 10th standard, and many choose to pursue ACCA after 12th, enhancing their career prospects in accounting and finance. Thus, you will get an early advantage of entering into the global job market at a younger age than your peers.
ACCA can be done in 3 to 4 years, so by the time your peers graduate, you may get ready for highly-paid corporate jobs. It needs sheer dedication and determination to start pursuing ACCA, so in the process of learning more about it, you shall be aware of the steps followed to register for ACCA.
How To Register in ACCA: Step-by-Step Guide
To register as an ACCA student, the steps for ACCA enrollment must be completed carefully, as your knowledge of its course structure and your eligibility will help you apply for various ACCA exam exemptions while you register for ACCA exams on their official website.
A strong understanding of these elements not only streamlines your registration but also lays a solid foundation for a successful career in ACCA, opening doors to numerous opportunities in the finance and accounting sectors.
Step 1: Check Your ACCA Eligibility
Knowing about the ACCA eligibility will let you decide whether you have the necessary knowledge to take on the course or not. Otherwise, it is open to anyone who wants to build a finance and accounting career. ACCA eligibility has flexible entry points based on your prior academic background, qualifications, and experience. You can do ACCA if you are 10th or 12th pass out from any stream. A graduate, postgraduate, CA intermediate student also a CA, CMA (5+ Years Experience) can enroll for ACCA coaching and register as ACCA student on its official website.
Step 2: Assembling Necessary ACCA Documents
ACCA registration online will hardly take a few minutes of your time, but as you fill in the necessary educational details, you must produce the proof and submit it while registering. You also have to apply for ACCA exam exemptions, so for that as well, you need to submit your documents for verification.
Moreover, your identification documents such as a passport, birth certificate, driver’s license, or Adhaar card are also required in the ACCA registration process.
Step 3: Choosing the Right Entry Path
ACCA has a range of paths to enter into the program. You can process your journey toward ACCA membership as a trainee, employer, or student. Regardless of existing qualifications or work experience, if you are looking to take your first step toward a career in finance, or you want to upskill and take your earning potential to the next level – ACCA is the right starting point for you.
Step 4: Create an ACCA Account
On the official ACCA website, you shall create your own ACCA account by navigating to Join ACCA tab in the menu. Then, select Apply Now and start registering. by filling out the form with your details and paying the registration fee. At last, you will receive a confirmation email, for verification.
Step 5: Fill Out the ACCA Registration Form
On this Apply Page, you need to fill out your personal as well as educational details on the ACCA registration form.
Step 6: Upload Supporting ACCA Documents
To support the details filled in by you, ACCA documents must also be uploaded to produce proof of your identity and your educational background.
Step 7: Pay the ACCA Registration Fee
After filling out all the necessary details, you shall be notified to pay the ACCA registration fee then and there online via net banking, debit card, or credit card.
Step 8: Wait for Approval
Once the amount is paid, your account will be created and you will receive a confirmation email within 5 to 10 minutes.
Step 9: Logging into Your My ACCA Account
Using the credentials of your account, you can log in to your account and access your account as needed.
Step 10: Plan Your Studies
After the registration process is complete, you shall plan your studies, and access the material provided by ACCA, like newsletters, updates, or any other necessary information.
To satisfy your curiosity about how to register in ACCA, simply follow these detailed steps to complete the process smoothly and confidently.
ACCA Course Registration Fee in India
The ACCA registration cost along with other costs related to the ACCA registration online, is an essential factor to consider when figuring out how do I register for ACCA. There is no need to get confused, we are clarifying the various costs involved in the process of ACCA course registration.
ACCA Registration Fee
The initial fee is the amount you pay to register for ACCA exams. It is a one-time amount of Rs. 7625.
Applied Knowledge Level Exam Fee
You have to pay the ACCA exam registration fee for each exam you appear for. The Knowledge Level exam fee is Rs. 8243.
Applied Skills Level Exam Fee
After appearing for 3 Applied Skills Level Exams you must pay an ACCA exam registration fee of Rs. 10,734 for Applied Skills Level.
Strategic Professional Level Exam Fee
The fees for the Professional Level Exam are the highest. The fees vary depending on the subjects you choose from the optional category. However, the ACCA exam registration fee is around Rs. 13,054 on an average for the Strategic Professional Level.
Apart from ACCA exam registration, the cost to register with ACCA also includes other additional charges, and then you will be enrolled in ACCA Membership Register.
Additional Costs to Consider for ACCA Enrollment
As you pay the registration fee and exam fee, you also need to pay other additional costs that you may consider for ACCA enrollment.
Annual Subscription Fee
The annual subscription is needed to access information for your ACCA journey. The subscription amount is Rs. 10,000 which shall be renewed on a yearly basis. If you fail to renew your subscription, it may result in finishing your ACCA global registration also.
Exemptions Fee
If you are exempted from appearing in any of the ACCA exams, ACCA charges a fee of Rs. 10,000 per subject on average for each exam exemption.
Essential Tips for ACCA Global Registration Online
For online registration for global ACCA online, you must keep a few things in mind. Following are some of the tips you can adhere to while registering.
When You Register to ACCA Online-
- Keep track of all your deadlines including exam entry deadlines.
- Remember to pay annual subscription fees otherwise, you have to pay more to become a member again.
Other Tips are Related to Effective Preparation-
- You can join a coaching institute that must be an Approved Learning Partner (ALP) of ACCA like edZeb, the certified ACCA partner for coaching.
- Find the best ACCA coaching institute having expert faculty with practical industry experience.
- Also, check online reviews or testimonials of alumni.
- Pay attention to fees, it may not so low offering degraded education.
- Lastly, confirm the class schedule, type, and other features or services offered by the institute.
Join the ACCA community and interact with other professionals and students via social media groups and forums to get support and guidance. To keep your membership once you’ve joined, make sure you fulfill your CPD obligations.
You should be able to successfully register for the ACCA qualification and begin your path to becoming a Chartered Certified Accountant by following these procedures.
Conclusion
How do I register for ACCA? is a common question, and this article explains that the ACCA registration process is straightforward. However, pay attention to detail, especially when it comes to eligibility, document submission, and fee payment. By following the step-by-step guide given above, you can ensure a smooth registration experience and start your journey towards becoming a globally recognized Chartered Certified Accountant.
FAQ’s
What is the annual subscription fee for ACCA students?
You will need to pay an annual membership fee after registering for the ACCA examination to maintain your student status. Every year in January, this charge is required. The annual charge is currently £134, or around 10,000 Indian rupees.
How much does ACCA cost in total?
The cost of ACCA may vary depending on the ACCA coaching fee and study material. Otherwise, the ACCA registration cost, exam fee per paper, exemption fee, and subscription cost may amount to approximately Rs. 2,00,000 to Rs. 2,50,000.
Is the ACCA qualification worth the investment?
Any qualification earned with the zeal and passion towards learning makes it a valuable investment. ACCA is worth the investment as it offers global recognition, diverse career opportunities, higher earning potential, and professional credibility in the finance and accounting sectors.
What is the eligibility for ACCA?
ACCA is a qualification that can be started after the 10th standard. It is open to those who want to build a career in finance and accounting, and to the ones who want a career transformation. It is preferred to be substantially sound in related subjects to get hold of things quickly.
Is ACCA tougher than CA?
No, CA is tougher than ACCA. It is considered to be the toughest accounting credential but ACCA is much easier due to its flexibility or exemptions offered to the pursuant.
How do I register for ACCA?
Visit the official ACCA website and create a myACCA account by submitting the form needing your necessary details with proof of documents and you will then be registered online after paying the amount.