ACCA - An accountant in business
I have been into teaching of ACCA in India for some time now (Since 2010), and have had the privilege of training students from American Express, KPMG, EY, Deloitte, Mazars, and many other large corporate. The one comfort I talk of ACCA is that it is a Chartered qualification that permits its members to join industry or take up practice in many countries - subject to MoUs and other formalities.
I see ACCA in India picking up well, considering that many students who are working in large organisations know ACCA and the word of mouth publicity works for ACCA locally. Whether or not one is sure of building a career in the job markets, what I sincerely appreciate about the qualification is its testing methodology. ACCA makes sure that you understand and apply the concepts in a near real-life case studies provided in the examination.
Each ACCA examination seeks to help you gain an insight of the concepts, and the reasons why such concepts exist. Also, the ACCA qualification provides you a guided path on how to deal with practical business situations, and expect you to be more than an accountant responsible to prepare financial statements. It may be said about the ACCA qualification as a Business Accounting qualification, which not only expects its students to know a concept, but also that the students are able to put forth a logical argument in a given business scenario and offer a viable solution to the problem, keeping in view the facts of the case.
Although, when I speak with students, I often quote that IFRS are covered in depth in the ACCA qualification, but I know by experience that IFRS are just one important part of the qualification, rather than the only thing.
Just in case you aim to take up a qualification in the fields of accounting, taxation, auditing or business that is more satisfying, ACCA is the right answer for you.