Starting a valid career in your teenage years offers you privilege and many advantages throughout the journey. Does such a career exist that you can start after completing 12? Yes, careers in accounting and finance. ACCA gives students an opportunity to start their journey before a certain age. This article will give you a complete guide on how to do ACCA after 12, requirements, and benefits.
Prerequisites to start ACCA after 12th
Certain points need to be considered before starting your ACCA Ireland.
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Age limit
Students must be eighteen or above 18.
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Education
High school education must be completed with the minimum percentage of 65% in English, Accountancy, and Mathematics. In addition, candidates must have a minimum 50% score in every subject to start ACCA.
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No subject specialty needed
Students from different streams can do ACCA after 12th. Whether you have a science, arts background, and commerce background. One thing that is needed to know is that students with non commerce and science backgrounds have to put in more extra effort. In that way, students can get a grasp of accounting fundamentals in the initial stage but once it is done ACCA journey becomes easy.
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ACCA Level Insights
Tuition centers must be joined by students in the early stages to get a complete grasp of the subjects and awareness about the ACCA Ireland
ACCA exam levels and subjects
After 12th students need to pass through 3 levels. This will prepare them for professional and theoretical development.
Applied knowledge level
It is the foundation level and has 3 exams. Students have to secure 50% marks to pass through these exams. All three exams are based on OTQ(Objective type questions)
- Business and Technology (BT)
- Management accounting (MA)
- Financial management (FM)
Applied skill level
The applied skill level is level 2 of ACCA and it contains 6 subjects and the same requirements of 50% passing marks as the applied level. The subjects included in this level are
- Taxation(TA)
- Financial reporting(FR)
- Audit and Assurance(AA)
- Financial Management(FM)
- Corporate and Business Law (LW)
- Performance management(PM)
The subjects like FM, FR, AA, PM, and TX include 60% objective types and 40% Subjective type Questions. Corporate and business law includes objective-type questions only.
Strategic Professional level
At this level, you have 4 exams in total and choose two exams from the optional subject. All of these 4 exams are subjective types and you need 50% marks to pass through these exams.
Essential
Strategic Business Reporting(SBR)
Strategic Business Leader(SBL)
Options
Advanced Performance management (APM)
Advanced Financial Management( AFM)
Advanced Taxation(AT)
Advanced Audit and Assurance (AAA)
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ACCA Course Fee
ACCA course fees for the complete duration of ACCA after 12 are different in different regions. However, the fee depends upon the number of attempts and any tuition and coaching fees. You can check the fee for ACCA exams here: Fees | ACCA Global
The tuition fee for the ACCA course is here; Admissions.
How to start with ACCA
Here are a few steps you can follow to start with your ACCA preparation.
- Check Eligibility
- Registered with ACCA.
- Choose an appropriate entry path
- Direct entry
- Foundation in Accountancy
- Choose a learning partner/Self-study.
- Plan exams
- Pay fee
- Prepare for exams
- Gain practical experience
- Achieve membership
Advantages of pursuing ACCA after 12
Below are the few benefits that comes when you choose ACCA after 12
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Early career Advantage
Starting a career early in ACCA leads to early finish of your exams. Early career advantage can uplevel employment opportunities more for early comers.
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Career clarity
Instead of hoping into different careers students become inclined towards a single career.Mind becomes more clear when one is more focused on a single thing.
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Future security
Selecting a career path early brings security about the future. Moreover, ACCA qualification itself is a sign of a stable future.
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Skill development
ACCA qualification brings skill development. Now students do not have to worry about skill learning as ACCA teaches them a lot of things.
Conclusion
The dream of becoming a successful accountant in the present era is a good career decision. But, not only deciding on that is not enough. The necessary step has to be taken to start your journey of becoming a successful accountant by doing ACCA after 12th. Dig out all the necessary information on the syllabus and subjects and start your journey of becoming a qualified accountant.
FAQs (Frequently Asked Questions)
Do ACCA qualifications need more time after the 12th?
No, ACCA duration after 12 have completion time of two to three years
Does ACCA seem difficult after 12?
Yes, it can feel difficult initially but after syllabus and subject awareness, the journey becomes easy.
Can students across different educational backgrounds join ACCA?
Yes, students from different backgrounds can join ACCA. Basic knowledge needed to be gained in order to build the foundation for preparation ahead.
How many times can one attempt ACCA exams?
ACCA exams happen for the fourth time in a year, so students can attempt according to their desired will.
