The Association of Certified Chartered Accountants or ACCA is one of the most renowned accounting organisations in the UK and the rest of the world. An ACCA qualification is held in high standards by many people aspiring for a successful accounting career.
But how can an ACCA qualification be actually helpful for you? And how can picking up an ACCA qualification help you improve your employability? Let’s find out!
ACCA can help you take advantage of the skill shortage in the financial world
In spite of more people opting for the accountancy profession in the recent years, there remains a skills shortage in the accounting world. The latest research by Robert Half UK suggests that most of the CFOs across the world face trouble in filling up executive positions for finance.
You can study ACCA to improve your chances of landing a high-profile accounting or finance job. There is plenty of research to prove that ACCA members are touted as the most desirable candidates in the financial job market. A study by Hays concluded that 76% of employers prefer hiring ACCA graduates for top finance positions.
You can pick up many important skills that are in demand in the market
Technical accounting expertise isn’t enough to hold your place in a high-profile accounting position. There are plenty of other skills in the market that are essential for being an expert in your field.
Most finance departments don’t just bank on technical skills, they also want the right combination of soft skills and cultural fit. Hence, picking these additional skills can be a great way to increase your employability.
Pursuing an ACCA qualification can help you pick up many technical and transferable skills which make you an ideal candidate for finance employers. Here are some of the key skills you can pick up with an ACCA qualification
- Stakeholder management
- Financial modelling
- Commercial awareness and business acumen
- Excellent communication skills
- Leadership skills
- Proficiency in double-entry accounting
- Business management
- Expertise in different financial systems
- Attention to detail
- Excellent management and organisational skills
Advantage of ACCA qualification
You can also pick up additional skills like the capability to handle rigorous schedules and carrying out good conversations with new people.
Being an ACCA member can allow you to expand your professional network
Being a part of one of the world’s largest accountancy organisation is the ability to meet and interact with many like-minded professionals. Once you become an ACCA member, you can get access to the organisation’s huge network spread over different continents.
An ACCA qualification can help you network with finance and accounting professionals from every strata of the corporate world. It is a great way to hone your networking skills and expand your professional network.
Even if you don’t take up accounting, an ACCA qualification can still make a lot of difference in your resume. The Ethics and professional skills module of ACCA helps you gain important transferable skills like innovativeness and personal effectiveness, which can be helpful in any other profession. Enroll in a suitable ACCA preparatory program today to embark on your ACCA journey.