Top ACCA Colleges Institutes in Nepal
The ACCA, or Association of Chartered Certified Accountants, is a global accounting body that provides aspiring and experienced professionals with the necessary exposure, expertise, and practical experience in core accounting and finance concepts. The ACCA is headquartered in London and has been a part of the accounting landscape since 1904. It operates through a global network of over 100 offices.
The ACCA course is comprehensive, covering a wide range of topics aimed at improving your understanding of accounting principles, financial management, taxation, and business strategy. It is an excellent study option for students who want to pursue a rewarding career in accounting, management, or finance. The ACCA qualification is widely regarded as prestigious in finance and accounting courses.
The ACCA Qualification is based on internationally recognized accounting and auditing standards. These standards are accepted in a wide range of countries. As a result, an ACCA member is prepared to work in any country that accepts these standards.By joining the ACCA, you become a part of the world's most prestigious and forward-thinking accounting institution. The main certification offered by the accountancy body is Chartered Certified Accountant. With more than 7,100 Approved Employers Worldwide, ACCA has established its presence in over 180 countries making this a Global Qualification. More than 200,000 people worldwide are ACCA members. To become an ACCA member and advance your career, you must meet the ACCA requirements and pass the ACCA exams.
Graduates, school-passed candidates, experienced professionals seeking promotions, or those simply looking to advance their careers can all take the ACCA course. ACCA has a massive global member infrastructure that serves as a resource for all aspiring financial professionals. Once you have qualified for ACCA certification, you will be able to seek help and support from your peers in this group. The ACCA qualification enables you to negotiate a higher salary and increase your earning potential.
ACCA is one of the most prestigious accounting certificates in Nepal, and it is highly valued by many students looking to start a successful career in Nepal or elsewhere. ACCA has a strong presence in Nepal, where many professionals and students pursue the qualification. The scope of ACCA in Nepal is expanding rapidly. ACCA members are securing professional jobs throughout the countries in various multinationals and banks.
ACCA jobs in Nepal are available in a variety of industries, including bank, finance, accounting, consulting, and auditing. Some popular job roles for ACCA-qualified professionals in Nepal include Financial Analyst, Audit Manager, Tax Consultant, Cost Accountant, Financial Advisor, Risk Management Consultant, Internal Auditor, Management Accountant, Corporate Finance Manager, and Investment Banker. Professional qualifications allow you to work for MNCs, NGOs and INGOs, banks and financial institutions, private entities, and governments. ACCA is internationally recognized, and many ACCAs have secured jobs in countries such as the United Kingdom, Malaysia, Australia, Singapore, Canada, and Dubai.
Eligibility
To be eligible for the ACCA qualification, students must complete 10+2/SEE(A-C) (in five separate subjects, including mathematics and English), +2 at GCE/VCE A level(Grades A-E), or two A-Levels and three GCSEs or equivalent in five subjects, including English and mathematics. Along with academic coursework, ACCA requires three years of professional experience from students. Students will have up to ten years to complete the entire qualification.
ACCA Examination
The ACCA examinations are held four times a year, in March, June, September, and December. The exam format combines computer-based exams (CBEs) and paper -based exams (PBEs),. Paper-based exams are administered. Only the first four exams are conducted using computers. Students must take these exams at ACCA-licensed exam centers. The exam schedule for the ACCA exams in Nepal is made public well in advance, allowing students to plan and prepare for their tests. It covers a wide range of topics including management accounting, financial accounting, auditing and assurance, taxation, and financial reporting. With proper planning and guidance, students can pass the ACCA exams and earn an internationally recognized credential that will help them advance their careers in finance and accounting.
ACCA Course Structure:
The ACCA course is a comprehensive package that includes accounting and finance knowledge, as well as industry-standard strategic skills. The course and exams have three levels, which candidates must complete one by one.
To become an ACCA member, an applicant must complete the following steps:
> An ACCA applicant must take and pass 13 tests (the organization offers up to nine exemptions based on the individual's previous qualifications).
> Maintain 36 months of relevant work experience. The candidate may gain experience before, during, or after completing the qualification.
> Complete the module on ethics and professional skills.
ACCAs 13 courses and tests are broken down into three levels:
1. Knowledge Level: The Knowledge Level prepares students for the foundation level of accounting and finance.
2. Skill Level: The Skill Level comprises advanced knowledge and strategic management skills.
3. Profession Level: The Professional Level has been divided again into two sections. The exams in the Essential Section are required, and candidates must choose two subjects from the Optional Section.
Difference between CA and ACCA course in Nepal:
It is simple to choose between the ACCA and CA courses! Knowing your career goals and understanding the primary differences between the two educational certifications are essential for making the right decision. ACCA covers a wide range of finance-related topics, such as financial management, taxes, and business ethics. CA focuses on accounting, auditing, and taxation, with a strong emphasis on local laws and regulations.
Here are some points which show how ACCA differs from CA.
> The main difference between CA and ACCA is that the ACCA opens up national and international job opportunities in accounting and finance, whereas the CA certification opens up local opportunities by providing a thorough understanding of local financial regulations.
> Students in ACCA can retake exams for only the subjects they did not pass, whereas CA requires them to retake the entire group if they fail one paper. This makes ACCA in Nepal more flexible than CA for students.
> ACCA requires three years of professional experience, either during or after completing the course. CA also requires three years of articleship or internship experience to be completed concurrently with the course.
> ACCA courses take about 2-3 years to complete, with 13 exams, whereas CA courses take about 5-6 years and 20 exams.
> The ACCA course is not easy, but it is less difficult than CA. CA is considered one of the most difficult courses in Nepal.
Selecting Right ACCA Institute/ College !
If you want to pursue the Association of Chartered Certified Accountants (ACCA) qualification, selecting the best institute is crucial as it will prepare you to pass the ACCA exams and launch a successful accounting career. When choosing an ACCA institute for your studies, consider accreditation and recognition, reputation and experience, faculty and resources, learning environment and flexibility, and support and guidance. To gain a better understanding, it is useful to read reviews and testimonials from previous students about their experiences with the college.
Top ACCA Institutes/ Colleges in Nepal
In Nepal, there are several ACCA-approved learning providers who offer training programs and courses to help students prepare for exams. The British College, NCA College of Management, Certified College of Accountancy, Seed Financial Academy, and Sterling Wells Education Group are some of the well-known institutes in Nepal that provide ACCA courses with high-quality education and a strong market reputation, as well as a track record of producing successful graduates.
Here is a list of institutes/colleges that offer ACCA courses in Nepal:
1. The British College, Thapathali, Kathmandu
The British Professional College, which is owned by The British College Kathmandu, is Nepal's only PLATINUM Status Approved Learning Partner for the ACCA (Association of Chartered Certified Accountants) programme. One of the most impressive aspects of the ACCA qualification offered at the British Professional College, aside from its highly qualified faculty members and well-organized resource materials, is that the college can obtain a BSc in Applied Accounting course offered by ACCA through a unique partnership with Oxford Brookes University.
2. NCA College of Management,Minbhawan New Baneshwor, Kathmandu
NCA College of Management is Nepal's first ACCA college, established in 2004 and located in Minbhawan, Kathmandu. The institute is approved by the Ministry of Education (MoE) of Nepal and was designated as an ACCA First Approved Learning Partner (GOLD) in Nepal in 2010. The academy has a network of faculty members with ACCA and CA backgrounds. When a student takes the ACCA course concurrently with their graduation program, they have a more flexible career path. Keeping this elasticity in mind, NCA-the college of management provides ACCA with BBS (Bachelor of Business Studies).
3. Certified College of Accountancy, Thapagaun, New Baneshwor, Kathmandu
Certified College of Accountancy (CCA), located in Thapagaun, New Baneshwor, Kathmandu, is an ACCA-UK Approved Learning Partner and one of Nepal's leading institutions for ACCA Classes, offering credit transfer options. Since 2006, CCA has taken pride in producing qualified ACCAs, demonstrating its outstanding contribution to the nation.
4. Seed Financial Academy, Dillibazar, Kathmandu
Seed Financial Academy, located in Dillibazar, Kathmandu, is Nepal's leading ACCA center and ACCA learning provider for professional accounting qualifications. Seed is a Gold Approved Learning Partner and an ACCA UK Licensed CBE Center. The college offers both interpersonal and career development programs.
5. Sterling Wells Education Group, Tinkune, Kathmandu
Sterling Wells Education Group, based in Tinkune, Kathmandu, is a leading educational institute that helps aspiring ACCA candidates with their studies. With a core mission of providing professional guidance and access to industry experts, Sterling Wells Education Group has partnered with BPP in London, United Kingdom, to provide students with excellent study materials from skilled BPP tutors.
6. Shree College of Management,New Baneshwor,Kathmandu, Nepal
Shree College of Management, located in New Baneshwor, Kathmandu, is a dynamic, innovative, and quality-oriented educational institution that provides students with a world-class ACCA education through learning experiences that aim to develop intellectual abilities as well as social and ethical values. It works closely with industry leaders and experts from all professions to provide specialized training that prepares students for today's competitive world.
7. Seekshya Academy of Chartered Certified Accountancy Pvt. Ltd., Sinamangal, Kathmandu
Seekshya Academy is a professional education and training centre in Sinamangal, Kathmandu, Nepal, that offers coaching classes to students pursuing an ACCA course in Nepal.
8. Deurali Professional Academy, Butwal-9, Kalikanagar
Deurali Professional Academy, based in Kalikanagar, Butwal, has been offering CA and ACCA courses since 2008. The academy offers extensive in-person courses and dedicated career support, making it the go-to institution for guaranteed results.
9. AIMS ACCA, Chitwan, Bharatpur
AIMS ACCA is one of the leading institutes offering ACCA courses, located in Hakimchowk, Chitwan.
Posted on: 2024-05-14