ACCA in Malaysia

All about the ACCA Course in Malaysia: A Complete Guideline for All

If you want to become a highly valued accountant globally, an ACCA course in Malaysia might be the best option to go for. From small-medium enterprises to large multinational corporations, ACCA-qualified candidates witness an increase in demand every year. If you are one of those who are willing to learn about ACCA in Malaysia, here is all the information you need.

What is ACCA

The full form of ACCA is the “Association of Chartered Certified Accountants.” It is a globally recognized professional qualification with over 247,000 members in 181 regions. The ACCA certificate is highly rated by 91% of companies for having the best ethical standards and by 90% for helping to shape the worldwide accounting profession.

Why Choose an ACCA Course in Malaysia

Pursuing an ACCA course in Malaysia opens up a world of high-quality education to top ACCA careers in most parts of the world. The ACCA qualification covers a vast range of areas; as a result, ACCA graduates possess the relevant skills necessary for operation in the most complex financial environment. Employers all over the world respect the comprehensive knowledge that ACCA affiliates can bring to the organization.

ACCA Entry Requirements

In order to enroll in an ACCA course in Malaysia, there are certain requirements.
Candidates seeking to pursue ACCA are usually required to have:

• A minimum of three GCE A-levels and two GCSEs or equivalent in five subjects, including mathematics and English, which are compulsory.
  
• A foundation in accounting qualification (FIA) from ACCA

Once you have met the minimum entry requirement for ACCA, you are good to go on your journey to being a qualified accountant.

How many papers are there in ACCA?

The ACCA course in Malaysia is designed to assist students in mastering the different areas of accounting, finance, and management. All in all, there are 13 papers divided into three levels: applied knowledge, applied skills, and strategic professional.

Applied Knowledge

This is the first level of ACCA course in Malaysia. It comprises three papers that introduce the basics of accounting:

• Business and Technology (BT)
• Management Accounting (MA)
• Financial Accounting (FA)

Skill-level

The second level of the ACCA course in Malaysia is the skill level that focuses on a deeper understanding of the complex topics in core accounting. This level consists of six papers:

1: Corporate and Business Law (LW)

2: Performance Management (PM)

3: Taxation (TX)

4: Financial Reporting (FR)

5: Audit and Assurance (AA)

6: Financial Management (FM)

Strategic Professional

This is the professional level of the ACCA course in Malaysia. At this level, students will be undertaking four papers, of which two are compulsory and two are optional.

Compulsory

1: Strategic Business Leader, SBL

2: Strategic Business Reporting, SBR

Optional

Choose any two from these four subjects:

1: Advanced Financial Management, AFM

2: Advanced Performance Management, APM

3: Advanced Taxation, ATX

4: Advanced Audit and Assurance, AAA

For better understanding, below is the list of all ACCA subjects

These are designed to provide the complete scope of proficiency required by an accountant in practice. The ACCA exams are considered very prestigious because the tests are not only theoretical but also practical.

The Benefits of Studying Online ACCA Courses in Malaysia

ACCA coaching in Malaysia can also be taken online. Most of the institutions accredited to provide the course in Malaysia have suitable online class platforms where one can take the ACCA course in Malaysia from the comfort of their home. ACCA Malaysia Online provides all the resources a student needs, from study materials to mock exams for smooth learning.

ACCA online classes carry flexibility as their key benefit. An individual can easily manage their pace and make a balance between studies and work or any other type of commitment.

ACCA Pathway to a Successful Career

The ACCA Pathway lays the foundation for students not just into the finance and accounting sector but into senior leadership roles within the sector as well. The qualification is also flexible, hence allowing professionals to practice banking, consulting, and entrepreneurship. Besides the technical skills, students undertaking ACCA acquire important skills such as critical thinking, problem-solving, and leadership, which are necessary in dealing with complex business environments. It also focuses on integrity and ethics; thus, graduates are highly sought after in the job market.

ACCA Course Fees in Malaysia

The ACCA course in Malaysia has a varied structure. It also depends on the institution if classes are undertaken within the campus or outside campus. Generally, it can range from MYR 10,000 to MYR 15,000 while excluding exam fees.

Summing it all up

The ACCA course in Malaysia opens a bright career scope in accounting and finance. This qualification will equip you with the required skills and knowledge to assert your position in the global marketplace. By going through all the entry requirements of ACCA and passing ACCA exams, you are closer to having a prosperous future ahead.

Frequently Asked Questions (FAQs)

Q: Is ACCA worth it in Malaysia?

Ans: Yes, ACCA is worth it in Malaysia as it is a global professional certification in accounting and finance.

Q: How many years of ACCA do you have in Malaysia?

Ans: It takes almost 3 years in Malaysia on average to complete the ACCA qualification.

Q: How many ACCA members are found in Malaysia?

Ans: There are more than 19,576 ACCA holders in Malaysia. 

Q: Where can you pursue ACCA studies in Malaysia?

Ans: You can study ACCA at Mirchawala’s Hub of Accountancy which is one of the leading ACCA platinum learning providers and popular with its higher pass rate all over the world.