“Want To Apply For ACCA Membership? Here Are All The Do’s and Don’ts.”
Are you considering applying for ACCA membership but unsure about the process? It’s not rocket science, but some aspirants find themselves tangled up in understanding the requirements of membership, and that’s where the issue begins.
ACCA membership in Saudi Arabia holds immense importance to thrive further in your career; it can help you accelerate the journey and achieve your goals more efficiently. It is proven that the individual has officially become a member of the ACCA community and is fully qualified to take over any professional role. Therefore, aspirants are advised not to delay the process and to complete all the requirements beforehand to avoid any hindrances in availing of membership.
If you would like to learn more about membership requirements and processes, read the blog ahead for detailed insights and guidance.
Importance of ACCA Membership in Saudi Arabia:
The following are the professional benefits that come along with membership to accelerate your professional journey.
- The membership title enhances your professional profile’s credibility.
- It gives you professional recognition globally, opening the door for career opportunities.
- It also contributes to career advancement by making professionals eligible to work in senior roles and with big employers.
- Because of your title, your career prospects and opportunities increase as more employers desire to work with you.
ACCA Membership Requirements:
Becoming an ACCA member is not a piece of cake; there is a very common misconception that by clearing ACCA exams, one can become a fully qualified member. While clearing these complex exams is a major part of this academic process, it is not the completion of the journey. To complete this journey and become an ACCA member in Saudi Arabia, you need to fulfill other requirements as well; these academic conditions are as follows:
- Pass all 13 complex exams of ACCA
- Complete the ethics and professional skills modules efficiently
- Gain 36 months of work experience in a relevant professional role with an ACCA-approved employer.
Note: All these requirements are mandatory and can not be overlooked or compromised.
Process To Become An ACCA Member:
Once you have completed all the academic conditions of the ACCA certificate and have all the documents and proofs to support your claim, you may apply for ACCA membership by following the steps mentioned below.
Step no.1:
Log in to your ACCA global account and go to the ‘My qualification’ section.
Step no.2:
There you will see an option of submitting a membership application; fill out that membership application form along with the signed, recorded professional work documents and other academic evidence. Additionally, do not forget to submit the membership application fee.
Step no.3:
After submitting for membership, wait for 4-6 weeks at least so that ACCA can review your application form and analyze whether the evidence provided is reliable or not. Based on your application form, ACCA Global will decide if you are eligible to take over the title of ‘ACCA MEMBER’.
ACCA Membership Fees:
The ACCA membership fee is charged annually; it is a mandatory fee that needs to be paid to keep yourself associated with the ACCA. The fee is paid online. The membership fee in Saudi Arabia is around SAR 600. In case a student hasn’t paid this fee every year, their subscription can be canceled for a while.
Challenges Faced in The Process of ACCA Membership:
Some common difficulties or shortcomings faced by aspirants during this process are as follows:
- Incomplete or irrelevant work experience.
- Negligence or delay in applying for membership.
- Improper documentation of the work experience.
- Unsigned work experience or signed by an unauthoritative individual.
- In the completion of any of the membership requirements.
Tips For the ACCA Membership Process:
- Start completing the academic requirements as soon as possible.
- Don’t delay in applying for membership; the process can take some time.
- Ensure the documents attached to the application are valid and signed.
- Keep yourself updated after applying to ensure the process is going smoothly.
Conclusion:
Therefore, it is concluded that as important as it is to avail of ACCA membership in Saudi Arabia, it is also very easy to apply for it. If you have completed all the membership requirements, the process ahead is both very easy and completely online. Students just need to make sure to complete the requirements and get a membership as soon as possible to accelerate their professional journey. The mandatory requirements are: passing all ACCA exams, completing EPSM, and gaining practical work experience. While applying for this membership, the platform used is ACCA Global’s online portal, where an application is submitted with accurate documents attached and the membership fee. ACCA usually takes 4-6 weeks to respond to your ACCA membership application.
Frequently Asked Questions (FAQs)
Q1: Which professional experiences are counted in ACCA PER?
Ans: ACCA only accepts work experience if the employer you choose is ACCA-acknowledged, the role you take over is relevant, and work experience is well recorded and signed by an authentic executive-level ACCA member.
Q2: When should I start gaining ACCA work experience?
Ans: You can start gaining ACCA work experience alongside studies; you don’t have to wait for your qualification to be completed. This is an effective way to speed up your membership process.
Q3: How does becoming an ACCA member influence your career?
Ans: It has a big impact on your career as global employers value credible financial professionals, and this title adds credibility to your profile. Therefore, with this title, your career prospects and opportunities are enhanced, offering you a successful career pathway.
