ACCA qualification has benefitted many people with many opportunities that any simple qualification would never benefit a person. People who want to know why ACCA is a requirement for people who have interest in accounting or finance should study the courses that ACCA would require a person to study and look deep inside the facts that the exam would cater to. This qualification will make a person know all about the business management side from technical and a theoretical perspective. It is important for people to know why ACCA is important and why is it regarded as better than many other degrees.
Benefits of ACCA:
First we must look at why ACCA is a necessity for people who want to be registered Chartered Accountants. There are several benefits and after the benefits, this exam is far better than any other degree or exam that you would undertake. Looking at the benefits you will see that why ACCA has been clearly answered. This exam and this course offer you the position of Chartered Accountant that is registered, and who can have a great position in any company. You can work in any of the category that asks you to be a finance manager or you to handle the management issues. You can have great job opportunities anywhere and in any sector if the economy. The promotion opportunities would also be great for you. A person who knows why ACCA would agree with the fact that this makes a person well equipped and well versed in many skills and knowledge that would otherwise would not be gained if a person would study any other course.
Any industry you would want to have a job in would offer you a high position if you figure out why ACCA is regarded so much in this world today. Many degrees would never offer you such a wide scope and many would never make use of the skills you will learn. ACCA is a course that requires you to undertake nine smaller exams so each exam you take offer you something different to learn and something different to test you on. These exams all have practical implementation and you would never feel the need to learn what has to be done practically. You would be made to learn how to do auditing, financing, business, how to do cost accounting and everything that has a practical implementation side to it. You would also know why ACCA is important, as you would even be demanded at jobs for the position of strategic managers and consultants. You would be satisfied from within that you have achieved something by understanding why ACCA is essential now. When you would study for ACCA you would see that your English skills would improve greatly and you would never feel like working under pressure and working just on numbers. Now looking at why ACCA is better as compared to many other degrees then you would see that be it any degree, ACCA would always hold a better position.
ACCA and MBA:
If we compare MBA and ACCA, you will agree with one thing. However, MBA offers great knowledge about many courses but the way you would be taught things in MBA would be far different from ACCA. In ACCA you would be equipped with skills regarding various courses and all those skills would be applied practically in your life. MBA would provide you with many courses work but all of that would be based on theory and you would hardly have any chance of applying those concepts in real life instantly. Why ACCA would provide you with all unanswered questions.
Since ACCA has a consistent national standard MBA is a degree that varies its courses and the kind of course material according to the place and country you study MBA in. many other degrees do the same. They would help you attain many skills but all these skills would just be bounded to theoretical stuff. Even the finance majors would study courses in MBA that would not make them learn the practicality of auditing and financing, motivating and managing. Why ACCA is regarded as a better degree is due to the fact that it covers vast areas of skills that you would be provided with.
Why ACCA is answered by looking at the benefits of it and by looking at the scope, it will provide to every student. Just undertaking any degree in order to complete it without any aim is useless. However, why ACCA is important is because this is recognized worldwide. Many other degrees may not make you study courses that this will provide you. ACCA is flexible and it offers you great competence in real practical life. This is a cost effective way of having an access to deep knowledge.
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