• support@bizmanualz.com
  • Home
  • Contact Us
  • About Us
  • Help
  • My Account
Policies and Procedures SOP Manual Template WordPolicies and Procedures SOP Manual Template WordPolicies and Procedures SOP Manual Template WordPolicies and Procedures SOP Manual Template Word
  • Policy
    Procedure
    Manuals
    • CEO 9-Manual Set-45% Off
    • CFO 5-Manual Set-34% Off
    • Policy Procedure Software
    • Accounting Manual
    • Finance Manual
    • IT Policy Manual
    • HR Policy Manual
    • Sales Marketing Manual
    • ISO 9001 Quality Procedures Manual
    • AS9100 D Quality Procedures Manual
    • ISO 22000 Food Safety HACCP Manual
    • Production Operations
    • Medical Office Procedures
    • Nonprofit Procedures
    • Construction Procedures
  • Document
    Management
    Software
    • Product & Benefits
    • OnPolicy Software Overview
    • On-Policy – 30-Day Free Trial
    • Testimonials
    • Resources
    • Subscribe to OnPolicy
    • Software, Procedure Manual Bundle
    • OnPolicy Help Introduction
  • Free
    Procedure
    Samples
    • Free Sample Policies and Procedures Template
  • How To
    Business
    Articles
    • Save Time Writing Procedures
    • Write Better Policies
    • Writing Procedure Manuals
    • Write Better Procedures
    • Strengthen Your Financials
      • Set Better Objectives
      • Tighten Accounting Controls
      • Improve Company Governance
      • Simplify Compliance
      • Reduce Business Risk
    • Improve Quality
      • Obtain ISO Certification
      • Make a Process Map
      • Implement ISO Quality
      • Improve Quality
      • Improve Management Systems
      • Increase Customer Satisfaction
      • Make Your Business Lean
      • Making Change Easier
    • Solve Business Problems
      • Organize Your Business
      • Business Startup
      • Be a Better Boss
      • Empower Employees
      • Grow Your Business
      • Find Business Improvements
      • Increase Innovation
    • Improve Business Processes
      • Better Sales and Marketing
      • Better Project Management
      • Improve Business Communication
      • Improve Internet Marketing
      • Improve Your Hiring Process
      • Improve Your Social Media
      • Improve Your Training
      • Improve Employee Health and Safety
      • Better Disaster Security Planning
    • Leverage Technology
      • Automate Policy Management
      • Improve Your Social Media
      • Increase Productivity
      • Analyzing Business Data
  • Lean ISO
    Consulting
    Training
    • Improve Your Training
    • Customer Testimonials
    • ISO 9001:2015 Classes | Internal Auditor Training St Louis MO
    • ISO 9001:2015 Classes | Lead Auditor Training St Louis MO
    • ISO 9000 Help | Lean Consulting Training St Louis MO
    • ISO Writer | Writing Policies and Procedures Training Class
    • Lean Training Class St Louis MO
    • FREE Quality
      Audit* Offer
0

$ 0.00

✕

What’s the Best Option: ACCA or an Accounting Degree?

Categories
  • Improve Your Training
Tags
  • accounting
  • education
  • learning
  • skill
  • training program
Accounting or ACCA

Accountancy is a very appealing profession. It offers excellent prospects for respected positions, even at entry-level, and a clear career path to CFO responsibilities. Accountants work in every industry and across the globe as well as in Dubai, meaning there are exciting opportunities for all.  Accounting credentials can be gained through a degree program or by completing the ACCA exams. What’s the best option: ACCA or an accounting degree?

ACCA or an Accounting Degree — What’s the Best Option for a Career in Dubai? Accounting Management

If you like crunching numbers, have a logical and mathematical mind, and are looking for a solid career, then accountancy could be for you. Accountancy requires in-depth training on many common accounting methods however, there is a lot to learn.

Accounting qualifications can be obtained by either following a degree path or taking the ACCA qualifications. Here, we look at the differences between these two pathways as well as revealing an exciting third option.

What is ACCA?

ACCA stands for Association of Certified Chartered Accountants. Through this industry body, you can be awarded a globally recognized and respected qualification to practice as a certified chartered accountant. The organization was founded in London in the early 20th century and began offering exams soon after. There are now over 200,000 members of ACCA around the world.

ACCA welcomes applications from students who have a good level of secondary or high school education. The exact requirements depend on the country where you completed your secondary education.

If you do not yet meet the requirements, you may be able to apply for a Foundation in Accountancy (FIA) course which will then allow you to move onto the full ACCA qualifications. If you are educated at degree level, you may qualify for exemptions on parts of the course, depending on what you studied.

What are the Key Differences Between the ACCA Qualification and a Degree?Policies and Procedures Template

A popular alternative to the ACCA qualification is to get a degree in accountancy. Here, we look at the practical aspects of both and how they differ.

The ACCA Pathway

The ACCA pathway involves taking a series of module-style learning and exams. A total of 13 exams must be passed to achieve the qualification. Exams are held each quarter but students can study at their own pace. Between exams, students study the relevant subject material. They take the next exam when they are ready. The ACCA pathway is incredibly flexible.

The ACCA qualification also requires three years of practical experience in relevant work with accounting management systems. If you already have a position in an accountancy company or department, you can study for your ACCA exams alongside part- or full-time work. You will achieve your full qualification and be able to progress within your company without having to leave your job.

You can study for your ACCA exams or FIA with any of ACCA’s global network of approved learning partners, including with financial training institutes in Dubai. They will offer various options both online and offline. You should be able to find a way of studying for the ACCA exams that suits your needs, situation and lifestyle.

The Accounting Degree PathwayAccounting Revenue Procedures

An accountancy or accounting degree is awarded by a university. All degrees are designed to equip you with a high level of knowledge in your chosen field, and accounting is no exception. An accounting degree is a rigorous academic qualification.

You will study core accounting subjects, delve into the differences between finance, accounting and bookkeeping, and will likely be able to choose some modules to follow your interests. There is usually less emphasis on practical experience than for the ACCA qualification. This is a key difference.

Degree pathways in all subjects are becoming more and more flexible. You do not necessarily need to study full-time on a university campus for effective training. You may be able to study for your degree part-time or by distance learning.

Which is Easier or Faster? Accounting Process

The ACCA qualification is highly flexible so there is no strict time frame given to complete it. Most students undertaking a training program with ACCA courses  take around three years to complete it. How long you take will entirely depend on how much time you can devote to study material and how quickly you can grasp the concepts. Seeking excellent tuition will, of course, help enormously.

An accounting degree usually takes three years of full-time study, or the equivalent part-time. You can extend your learning performance,  knowledge and expertise by taking a master’s degree, which would add a year’s full-time study to this. As for which is easier, the answer is that both are demanding. Both require many, many hours of diligent and methodical study.

Which is Best for Your Future Career?

If both qualifications are thorough and demanding, how do you choose? It might depend on what you would like to do after you complete the course.

The ACCA qualification involves acquiring technical skills and knowledge as well as practical experience. Employers like the ACCA qualification because its students finish the course very much ready to work as highly skilled chartered accountants.

That said, the experience and kudos of getting a degree are highly regarded, too. While achieving your qualification, you may have studied a broader range of subjects from the world of finance. Having effective training can be a real advantage. The ACCA exams are highly specialized and specifically qualify you to become a professional accountant. A more generalized degree may help keep more options open.

ACCA or an Accounting Degree–Best of Both Worlds

Accounting Policy Procedure Manual MS-Word Template

Writing an accounting policy manual is easy with accounting standard operating procedure (SOP) templates from Bizmanualz.

There is no doubt that choosing between the ACCA qualifications and an accounting degree is difficult. Both are highly regarded by potential employers and require similar levels of commitment and study. Thankfully, there is a third option.

ACCA has partnered with Oxford Brookes University in the UK to offer an exclusive degree option for ACCA students. The degree and the ACCA qualification can be studied simultaneously, allowing students to achieve both without too much additional time commitment. To earn a degree, ACCA students must complete their ACCA exams and submit a Skills and Learning Statement.

They will also complete a research and analysis project. Some ACCA learning partners offer a mentoring program to assist students in achieving their degree alongside their ACCA qualification. If you would like to train and work as a highly qualified professional accountant in Dubai but still have the accolade of a UK degree, this is a good training program and an ideal opportunity for you.

AUTHOR BIO Nikhil Vachani is Senior Tutor for Phoenix Financial Training, a leading provider of professional accountancy and finance qualifications throughout the Middle East and India as well as of bespoke finance courses to a wide and varied portfolio of corporate clients. Nikhil is a fellow member of the ACCA and UAECA and has 11 years of experience as a specialist trainer in the areas of Financial Accounting, Corporate Reporting and Taxation across all levels of ACCA.

 

 

 

More Articles from Bizmanualz...

  • How to Provide Effective Employee TrainingHow to Provide Effective Employee Training
  • What Are The Factors That Influence Learning?What Are The Factors That Influence Learning?
  • What is the Role of Corporate Training in Employee Development?What is the Role of Corporate Training in Employee Development?
  • What Business is best for Education Entrepreneurs?What Business is best for Education Entrepreneurs?
  • Why Accounting is a Great Major?Why Accounting is a Great Major?
  • How to Teach the Concepts of Limits Using Advanced TechnologyHow to Teach the Concepts of Limits Using Advanced Technology
  • How Do You Make eLearning 508 Compliant?How Do You Make eLearning 508 Compliant?
  • How are New Technologies Influencing Training?How are New Technologies Influencing Training?
  • What Are Reports and Financial Statements Prepared by Accountants?What Are Reports and Financial Statements Prepared by Accountants?
  • What are Simple Ideas to Improve Your Business?What are Simple Ideas to Improve Your Business?
Share

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Products

  • AS9100 D Quality Procedures Manual AS9100 Quality Procedures Manual Rev D | ABR217M Aerospace Quality Procedures Manual $ 395.00 $ 297.00
  • Accounting Policy Procedure Manual MS-Word Template Accounting Policies and Procedures Manual
    Rated 4.47 out of 5
    $ 495.00 $ 397.00
  • Finance Policy Procedure Manual Finance Policies Procedures Manual | ABR42M
    Rated 4.20 out of 5
    $ 495.00 $ 347.00
  • it standard operating procedures IT Policies and Procedures Manual
    Rated 4.50 out of 5
    $ 495.00 $ 397.00
  • Human Resources HR Policy Procedure Manual HR Policies and Procedures Template | ABR41M
    Rated 3.89 out of 5
    $ 495.00 $ 347.00
  • Sales Marketing Policy Procedure Manual Sales Marketing Policies and Procedures Manual | ABR44M
    Rated 4.00 out of 5
    $ 495.00 $ 347.00
  • Disaster Recovery Policy Procedure Manual Disaster Recovery Planning Manual
    Rated 4.00 out of 5
    $ 395.00 $ 297.00
  • ISO 9001 Procedures ISO 9001 2015 Procedures | ABR211M
    Rated 4.60 out of 5
    $ 495.00 $ 347.00
  • ISO 22000 Food Safety Procedures Manual ISO 22000 Food Safety Procedures Manual | ABR213M
    Rated 3.83 out of 5
    $ 395.00 $ 197.00
  • Security Policy Procedure Manual Security Policies and Procedures Manual $ 395.00 $ 297.00
 Free Sample Policies Procedures

accounting automation brand identity business business process change communication compliance Covid customer cybersecurity data data analytics digital marketing Ecommerce employee finance hiring ISO 9001 lean management marketing metrics online policies policy procedures process productivity project management quality remote work risk security SEO social media software startup strategy team technology tools training website writing

Get to Know Us

About Bizmanualz

Our Customers

Our Contributors

Featured Products

Business Manual Products

Free Policies and Procedures

OnPolicy Procedure Software

Privacy Policy

FAQs

Risk Free Guarantee

Process Improvement

Contact Us

Top Business Blog Posts

What is a Procedure?

What are Policies and Procedures SOPs?

What is the Purpose of a Procedure Manual?

What is the Difference Between Policies and Procedures?

How to Create a Standard Operating Procedure

What are the Top 10 Core Business Processes?

Are Procedures the Same as Work Instructions?

What Business Policies Does Every Company Need?

How to Start Writing Policies and Procedures

Business Procedures

Accounting Manuals Template

Finance Procedures

HR Procedures

IT Policies and Procedures Templates

Sales Marketing Procedures

Quality Assurance Policy Statement and Procedures

Medical Office Procedures

Employee Handbook Manual

Aerospace Procedures

Food Safety Procedures

Security & Disaster Plans

Production Procedures

Procedure Writing Guide

Featured Manuals

  • Alt Text CEO Bundle and 55-User OnPolicy Package $ 2,495.00 $ 1,597.60 one time, and
    $ 2,200.00 for 1 year
  • Alt Text CEO Bundle and Document Management Software Package $ 2,495.00 $ 1,857.21 one time, and
    $ 990.00 / year
  • St. Louis ISO auditor training class ISO 9001:2015 Classes | Lead Auditor Training St Louis MO $ 2,395.00 – $ 3,270.00
  • Standard Operating Procedures (SOP) 9-Manual CEO Company Policies and Procedures Bundle | Save 45%
    Rated 4.29 out of 5
    $ 2,495.00 $ 1,997.00
  • CFO Responsibilities Financial Accounting Procedures 5-Manual CFO Internal Control Procedures Bundle| Save 34%
    Rated 4.64 out of 5
    $ 1,695.00 $ 1,497.00
Copyright ©1999-2023 Bizmanualz, Inc. All Rights Reserved | Sitemap | Privacy Policy
0

$ 0.00

  • Home
  • Contact Us
  • About Us
  • Help
  • My Account
✕

Login

Lost your password?

Create an account?

Go to mobile version