Won’t it be amazing to work abroad with your ACCA certificates? Yes, this is possible. You can let your wings fly high to overseas countries. But this information needs to be completed here as you must understand the career opportunities after ACCA. Also, you should know about the things you need for a job in a foreign country with an ACCA certificate, and especially you must know about the countries where the Indian ACCA is acceptable. This article completely contains all the information about Indian ACCA work in other countries.
Career Opportunities after ACCA in India
After you get an ACCA certificate, you will have multiple career opportunities worldwide. Also, you can work as an accountant, auditor, financial planner, management consultant, etc. ACCA covers various concepts of CA like Accounting, Auditing, Financial Reporting, Business Finance, Taxation, and Financial Management. However, you must qualify for 13 exams split into three levels. These include Knowledge, Skill, and Professional.
With the growth of MNCs, the demand for ACCA professionals is rising. Hence, job opportunities for ACCA-certified candidates have rapidly increased. Also, the demand has not only seen rising in India but also in foreign countries. Those companies hire an ACCA professional to look after their accounting and finance. Thus, you can predict from these the value of ACCA certification overseas.
ACCA Globally
Many countries like USA, UK, Singapore, Australia, and Canada accept ACCA. Further, it has global acceptance by numerous top companies in different sectors. These include finance, consulting, manufacturing, public services, FMGC, and many more. Hence, you can also benefit from your ACCA qualification as a student. It gives you a chance to get exposure to various sectors along with your foreign experience.
Things you need for a job in a foreign country with an ACCA certificate
Enroll yourself in a recognized firm
To start to prepare for ACCA, enroll in a recognized institute. Those firms will grant you convenient and affordable courses taught by experts. Also, your course will be recognized worldwide if you choose a reputed institute.
Obtain visa
Unspoken rule: Get a visa before working anywhere other than your nation. It is a prerequisite for employment abroad at an ACCA degree.
A qualified workers visa is a must for students who want to work in the UK. It includes typical authentication documentation and proof of an employment offer.
Canada requires members of the ACCA to apply for a Social Insurance number
Also read: Career in ACCA before B.Com/Graduation
Countries where Indian ACCA is acceptable
The ACCA has been acknowledged in all powerful nations around the globe and has its headquarters in London. It does not, however, restrict the license to only working in those nations. Students sometimes want to know if this degree will enable them to work overseas. Also, most of their fearful inquiries result from their need for more knowledge. So, for further clarification, read below about the countries that accept Indian ACCA
USA
Students who are torn between the ACCA and the US CPA ask this question. Also, the widely recognized US CPA in the USA needs alignment with ACCA due to dissimilar systems. In this instance, US CPA is prioritized above ACCA and given higher importance. However, since particular fields value the contribution of an ACCA expert, Indian ACCAs can work there. Multinational accounting organizations accept working ACCA professionals.
Returning to the original query, can an Indian ACCA work in the USA? Yes, it works in USA. However, the range of employment options is less than in the UK.
UK
In the UK, several job roles accept the ACCA certification obtained in India. In addition to working as accountants, Indian ACCAs can find lucrative positions as accountants, consultants, corporate treasurers, financial analysts, etc. Thus, the standard requirements must be followed, including the visa requirements.
Australia
For ACCA members, Australia has a leading advocate. There are a few requirements for you as an Indian ACCA to perform there:
- You are required to pass all ACCA exams, including the practical.
Also, you must have been an ACCA member for five years.
Further, it would help if CPA Australia recognized you.
Moreover, you must possess a bachelor’s degree comparable to the Australian equivalent.
Canada
Similar to the US, Canada favors CPA. However, Canadian regulations accommodate ACCA members from other countries who wish to practice there.
CPA Ontario informed the public of a policy change in 2021. Those who are ACCA members but want to join CPA Ontario can re-route. They should also enforce a Social Insurance Number.
Also read: Job Opportunities in Dubai for ACCA Certified
Conclusion
ACCA is a dignifying career option that helps you earn lakhs in a year. If you are eagerly planning to get worldwide exposure, you must choose ACCA. It will surely help you get a qualified job abroad. Hope, this article has given you enough information about your job prospects abroad. There are many Indians who are focusing on ACCA certification to find a reputed job abroad. If you want to be one of them, you can surely go in this direction to settle down in a foreign country that supports ACCA certification.