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  • CMA USA vs. CIMA UK in India

    CMA USA vs. CIMA UK in India

    CMA USA vs. CIMA UK: The Difference in Salary, Career Opportunities and Exemptions 

    After you qualify for your 12th exam, you get a limited amount of time to choose your next career route. If you are looking to pursue your career in accounting and finance or business management,  there are several courses available like ACCA, CMA, or CIMA that are undoubtedly worth considering for students who want to work outside of India or who are exploring that option when the time comes. 

    The article is crafted to provide a brief overview of the CMA USA vs. CIMA UK, explaining each point. You are not sure about which of the two to take and would like to see some key differences between them. Before we begin, you should know that  IMA provides CMAs in the US. However, the Chartered Institute of Management Accountants offers the CIMA credential in the UK.

    Since the CMA and CIMA have been in existence for a long time, many applicants find it difficult to decide which distinction would be most appropriate for them.

    Which one should you pick, even if both are regarded credentials and provide prospects for people who wish to live and work overseas? Allow me to explain certain factors to you.

    Qualification Requirments 

    You might be thinking about how much time and qualification you will need to devote to obtaining the designation before deciding which one to pursue.

    Candidates for the CIMA must pass 15 qualifying exams, as opposed to the CMA’s requirements of a bachelor’s degree and passing a two-part exam. Candidates must also obtain a supervisor’s recommendation and finish three years of relevant job experience.

    Since the testing windows are open for two months, three times a year, you can finish both of your examinations in a year or less, even though the CMA needs two years of relevant work experience.

    CMA USA vs. CIMA UK: Exam Pattern and Structure 

    The format of the CMA USA and CIMA exams differs as well. Parts 1 and 2 of the CMA consist of two essay questions and 100 multiple-choice questions. There are three hours of multiple-choice questions and one hour of essay questions in the four-hour exam. Depending on center availability, the two-hour computer-based CIMA exam can be administered at any time during the month.  

    The CIMA results are made public right away. You have 180 minutes to respond to a case study, and the findings are announced after a month. Four times a year, in February, May, August, and November, the case study can be attempted.

    CIMA UK vs. CMA USA: Exemptions

    Only the CIMA UK exemptions are available when comparing the exclusions offered by CMA USA. An applicant can obtain an exemption in one of two ways:

    • CA Certification:

    In India, those who have earned their CA certification and are members of the ICAI are exempt from 16 of the 17 papers after finishing the CA Inter. Attendance at a single strategic case study is mandatory. They just need to have three years of experience to be eligible for CIMA membership.

    • Following ACCA or MBA:

    The candidate will not be required to submit the first eleven papers if they have already finished the ACCA or MBA. They need to pass the CIMA gateway exam in order to qualify. They might begin at a strategic level after exemption. Furthermore, tax exemption is required for those who are exempt from specific paperwork.

    Career Opportunities 

    For the suitable candidate, there are numerous CMA USA vs. CIMA UK job openings because of the high demand in the banking industry. Gaining a job as a management accountant, accountant, accounting assistant, financial data analyst, or business analyst is possible with a CIMA degree. In addition, CMAs can pursue careers as cost accountants, internal auditors, budget analysts, risk managers, and financial controllers.

    Salary Trends 

    A CMA can make an average salary of  $100,000 annually as a fresh graduate, whereas a CIMA earns around £63,000 on average. 

    The average salaries will be shown by the CMA USA and CIMA UK salary trends. The salary a candidate receives depends on their qualifications and the organization they work for. 

    CIMA vs. CMA: Which is better to pursue?

    Both the USA CMA and the CIMA are great options for gaining financial knowledge. Any of these courses will undoubtedly result in higher pay, better career opportunities prospects, and even overseas internships. Your interest should be the only consideration when deciding between CIMA and CMA US. When making this crucial choice, you must consider every factor that will support your position. Which is better, CIMA or US CMA? While CIMA is a desired qualification to work in the UK or Europe, CMA is better recognized in the US.

    Frequently Asked Questions (FAQs)

    Q: Is the CMA USA equivalent to the CIMA UK?

    Ans: While CIMA is a desired qualification to work in the UK or Europe, CMA is better recognized in the US.

    Q: Is CMA in demand?

    Ans: The demand for US CMA professionals is continuously going high. Companies are increasingly acknowledging the significance of CMA professionals, leading to better opportunities for CMA professionals. 

    Q: Is CMA USA certification in India enough to get a job?

    Ans: CMAs are acknowledged as essential members of the financial and strategic management communities in the United Kingdom. CMAs can find a variety of jobs in the UK’s diversified economy and global commercial centers, with salaries varying depending on experience, industry, and location.

  • A Guide to What is Continuous Professional Development

    A Guide to What is Continuous Professional Development

    OVERVIEW:

    Continuous Professional Development (CPD) is quite helpful and essential for ACCA professionals to thrive in their careers. CPD helps them stay updated with the changing trends, standards, and regulations of accounting and finance so that they can meet the evolving demands of the profession. CPD adds value to an individual’s professional reputation. To know more about Continuous Professional Development (CPD) read the complete blog. 

    WHAT IS CPD IN ACCA?

    Continuous Professional Development (CPD) is a very essential part of ACCA qualification and profession. CPD isn’t limited to the academic part only but is also encouraged and necessary for ACCA professionals in the practical world of accounting and finance. Continuous Professional Development (CPD) helps ACCA professionals stay updated with any changes in industry trends, standards, and regulations of accounting. This continuous learning helps the professionals maintain their skills, update their knowledge, and be productive and innovative to meet the updated demands and standards of the industry. CPD also helps the professionals to provide high-quality services, meeting all the industry criteria to clients or employers.

    WHY IS CPD IMPORTANT FOR ACCA MEMBERS?

    There are numerous reasons why Continuous Professional Development (CPD) is considered so important for ACCA members, some of which are listed below:

    • The main reason is that CPD helps members stay current with any regulatory changes, updated standards, and industry trends in the accounting or financial sector. This provides professional competence to the ACCA members. 
    • Another important reason is ensuring compliance with ACCA regulations. It is obligated for an ACCA member to meet CPD requirements to continue the membership. 
    • Continuous Professional development (CPD) also enables the professionals to get senior professional roles, opens various career opportunities, and higher earning potential by providing necessary updated skills and knowledge. 
    • With time the Accounting and Finance sector is becoming more challenging as the regulatory changes are ever-evolving, CPD allows the professionals to stay updated with these changes, adapt them, and overcome the challenges effectively. 
    • It also earns professional credibility with employers and clients.

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    CPD REQUIREMENTS FOR ACCA MEMBERS:

    ACCA members are required to complete certain Continuous professional development (CPD) hours annually to maintain their membership. CPD requirements are quite flexible, allowing individuals to choose amongst CPD activities which suits their role best and benefit them in nurturing their professional skills as well. 

    CPD Hours Requirements: 

    ACCA members need to complete 40 CPD units, annually. These units include both formal and informal learning activities. Out of these 40 hours, an individual must complete 21 hours of structured learning activities, in which the development activities have a measurable learning outcome such as online training sessions, seminars or courses, etc. Along with that, the remaining 19 hours could be for unstructured learning for example: professional learning, self-study, etc. 

    CPD Reporting:

    ACCA members must keep track of their CPD activities with evidence of the completed activities. They need to update about their Continuous Professional Development (CPD) activities along with evidence on the website of ACCA’s global. Another major factor ACCA members should keep in mind while completing CPD activities is that the activities they choose should be relevant to their professional role and align with their career goals. 

    Exemptions and Extensions:

    ACCA members may apply for exemptions from CPD in very exceptional circumstances of serious illness, etc. Apart from exemptions, newly qualified ACCA members are given a grace period of the first year after qualification after which Continuous Professional Development (CPD) requirements become mandatory. 

    TYPES OF CPD ACTIVITIES FOR ACCA MEMBERS:

    As mentioned before, there are two types of CPD activities one is structured learning and the other one is Unstructured learning. Both of these activities are explained in-depth below:

    Structured CPD:

    These activities are very formal, organized activities of development and learning with defined or measurable outcomes. Examples of Structured CPD activities are:

    • Enrolling yourself in training courses (online or in-person), which provide detailed guidance about topics like; tax regulations, IFRS, audit standards, etc.
    • Taking part in workshops or seminars which teach the practical application of changes in legislation, accounting concepts, etc.
    • Registering for an additional qualification in a relevant field (master in accounting or finance) 
    • Taking part in industry conferences, helps them stay updated with evolving challenges, opportunities, and trends of the industry.

    Unstructured CPD:

    On the contrary to structure CPD, Unstructured Continuous professional development (CPD) doesn’t have any predetermined outcomes but still contributes to professional development and learning. The examples of unstructured CPD activities are as below:

    • Read industry publications, academic journals, and reports about financial regulations, industry trends, etc.
    • Gain skills and knowledge from your real-life work experience by taking over new responsibilities or tasks that require learning or problem-solving.
    • Network with peers, mentors, or colleagues through discussions, professional associations, etc. 

    HOW TO PLAN YOUR CPD AS AN ACCA MEMBER:

    It is better to have a plan or structure for CPD activities so that you can align them with your goals. Here are some tips on the matter:

    • First, Assess and analyze your learning needs.
    • Set SMART goals for Continuous Professional development (CPD).
    • Choose relevant CPD activities aligning with your goals.
    • Keep an eye on your CPD progress.
    • Lastly, reflect on what have you learned yet. 

    CPD AND THE FUTURE OF ACCA MEMBERS:

    With so much diversity in the accounting and finance field, the future role of CPD is expected to evolve as well. Future developments in Continuous Professional Development (CPD) for ACCA members may include more focus on Technology, Increased demand for soft skills, Flexible learning formats, etc. 

    CONCLUSION: 

    Continuous Professional Development (CPD) plays a very vital role in maintaining ACCA membership. CPD helps Professionals to stay updated with any changes made in industry trends, accounting standards, or regulations. It helps ACCA members to evolve their skills and knowledge with industry changes and enables them to meet the demands of clients and employers. CPD helps them to achieve senior roles and positions, offers progressive careers, and makes them highly demanded in the job market.

  • Your Guide to the Prestigious ACCA Course in Dubai

    Your Guide to the Prestigious ACCA Course in Dubai

    Your Guide to the Prestigious ACCA Course in Dubai || Fast-track Your Dream Career 

    Blog Structure

    • Introduction
    • Why Choose Dubai for the ACCA Course in 2025
    • Step-wise process to obtain the ACCA qualification
    • Skills You Need to Excel in ACCA
    • Final Thoughts
    • Promoting Mirchawala
    • Frequently Asked Questions (FAQs)

    Introduction 

    Today, accountant candidates, in quest of a high-level degree, are flocking to the idea of an ACCA certification. They consider not just an MBA in Finance and Accounting and CA but also ACCA courses as their top job choices. Additionally, companies, accounting training institutions, and other accounting bodies worldwide recognize ACCA. The qualification is unquestionably gaining momentum and becoming the favorite of everybody in regions like Dubai. The number of ACCA institutes has increased due to its growing popularity. Hence, choosing the right coaching for ACCA in the UAE and going through the entire process can be difficult and time-consuming. Hence, in this comprehensive guide, we will explain how to pursue an ACCA course in Dubai, Sharjah, and Abu Dhabi. 

    Keep scrolling and exploring the entire journey in this single post! 

    Why Choose Dubai for the ACCA Course in 2025

    Dubai has undoubtedly gained attention in recent years due to its expanding economy, which is fueled by trade, tourism, and oil. The establishment of free trade zones, the existence of two of the biggest ports in the world, and an international air freight hub have all contributed to Dubai’s advancement. You can also plan to study the ACCA Course in Sharjah. This region is well-known for its career opportunities and learning potential. 

    A robust hiring trend characterized by a 20% growth in job prospects in several sectors has been sparked by the expansion of new projects and developmental activities. For professionals with ACCA qualifications, Dubai’s flourishing job market offers a wide range of prospects. The corporate headquarters and regional offices of numerous international corporations and financial institutions are located in the city.  Professionals with ACCA certification can find lucrative positions in the manufacturing, transportation and communication, construction, petroleum, and tourism sectors.

    Professionals with ACCA certification in Dubai are in great demand across banking, real estate, and government services. An ACCA qualification can provide you with a competitive edge in the job market and open up numerous doors to high-profile positions in fields like corporate finance, auditing, and financial analysis. Learn more about the ACCA qualification in Dubai.

    Step-wise process to obtain the ACCA qualification 

    The ACCA (Association of Chartered Certified Accountants) credential is ideal for students who have a strong interest in accounting and finance. The internationally recognized ACCA degree in finance and accounting equips you for work in the audit, accounting, and finance industries. However, becoming an ACCA professional is not a simple process. It calls for commitment, diligence, and a love of the subject. Here is the step-wise process to obtain the ACCA certification:

    Step 1: Understanding the Fundamentals.

    Knowing the basics of the ACCA qualification is crucial before you start your journey. The Applied Knowledge tests are the first of three levels in the ACCA qualification, which leads to the Strategic Professional exams. Employers worldwide favor ACCA experts due to the qualification’s international recognition.

    Step 2: Sign up for an ACCA course.

    Enrolling in an ACCA program is the next stage in your ACCA journey. Get a comprehensive overview of the ACCA courses offered by Mirchawala.

    Step 3: Focus on Studying 

    It takes a great deal of commitment and effort to study for the ACCA tests. The difficult, practically oriented tests need a thorough comprehension of accounting ideas and principles. As a result, you will have to invest time in reading and understanding the study guides, practicing test questions, and attending webinars or workshops. There are many tools to support you, including study groups, online discussion boards, and ACCA YouTube channel. 

    Step 4: Get Work Experience 

    The ACCA requires you to obtain practical experience (PER) in pertinent accounting and finance in addition to completing the tests. Before you can join ACCA, you must finish 36 months of supervised experience. The ACCA qualification requires practical experience since it enables you to put the concepts and principles into practice you have learned.

    Step 5: Obtain ACCA Membership

    It’s time to apply for ACCA membership after you’ve completed all the requisite coursework and accumulated the required amount of real-world experience. Numerous advantages are available to you as a member, such as career assistance, networking opportunities, and tools for ongoing professional growth. 

    This was the five-step guide for starting an ACCA career in the UAE and any other region. Now, let’s explore the best career options after the ACCA course. 

    Top ACCA Skills: Ensure Your Success in 2025 

    To succeed with your ACCA course in Abu Dhabi or Dubai, being just a proficient accountant and mathematician is not enough. These days, companies want finance professionals to have excellent communication skills, be involved with the company, and take the initiative to build partnerships and enhance the company. Some of the key skills to ensure a growing career in ACCA in the UAE include:  

    • Analytical Proficiency:

    ACCA professionals are expected by employers to be more than just typical accountants. Accounting professionals with strong analytical abilities can extract patterns, insights, and trends from complicated data, assisting businesses in making more informed decisions. 

    • Knowledge of Technical Accounting:

    Although passing the ACCA exams shows that you understand accounting, it’s important to keep up with changing standards like GAAP and IFRS. Accurate financial reporting and compliance depend on this fundamental knowledge.

    • Technological and Digital Proficiency:

    Digital competency will be essential in 2025. Companies want ACCA candidates who are knowledgeable about automation platforms, data analytics tools, and accounting software. Digital tool proficiency improves decision-making and expedites processes.

    Why Choose Mirchawala?

    With highly qualified and experienced tutors, Mirchawala is among the best ACCA institutes in Dubai. Many students have benefited from the institute’s ACCA program, which has helped them reach their professional goals. From the foundation level to the advanced level, the ACCA course by Mirchawala makes your career ready. Students will always be at the core of the structure, empowering them to explore and embrace the best learning atmosphere.

    Bottom Line

    Overall, pursuing an ACCA course in Dubai is a calculated move that will open a door of opportunities. The ACCA degree gives you the abilities you need to stand out in Dubai’s dynamic financial scene, thanks to its international recognition, robust curriculum, and strong dedication to ethics and professionalism. The ACCA certification may be your key to a lucrative and fulfilling accounting profession in a city known for its fast development and global business community. Take Mirchawala’s courses in Dubai to boost your profession. Contact us to know more about the course and the team. 

    Frequently Asked Questions (FAQs)

    Q: Is ACCA worth it in Dubai?

    Ans: There are plenty of ACCA jobs in Dubai because the city is home to so many large firms. In addition to employment availability, Dubai is a great area for an ACCA professional to work because of its exceptional amenities, which include tax waivers and a high standard of living.

    Q: Is there a demand for ACCA in Dubai?

    Ans: Yes! The growing petroleum, transportation, tourism, and industrial industries are all expanding, contributing to Dubai’s thriving economy. The need for qualified accounting and finance professionals is being driven by this expansion. Candidates with ACCA qualifications are in high demand due to their extensive training and widespread recognition. Dubai may therefore present you with a wealth of chances if you hold an ACCA certification.

    Q: What is the salary of ACCA freshers in Dubai?

    Ans: In comparison to more seasoned workers, the pay for new hires may be lower. AED 32,000 is the ACCA salary for freshers. It’s a good place to start, and there’s plenty of opportunity for expansion in this fast-paced sector.

    Q: Which Gulf country is best for ACCA?

    Ans: Even though ACCA is recognized in every Gulf nation, Dubai, the United Arab Emirates, stands out as the global financial center and provides a wide range of opportunities for professionals who choose to pursue ACCA.

    Q: Which institute is best for ACCA in Dubai?

    Ans: While there are many ACCA institutes in Dubai, Mirchawala is a leading ACCA institute in Dubai with a team of excellent tutors and a flexible learning structure. 

  • 7 great reasons why you should study business in Ireland

    7 great reasons why you should study business in Ireland

    Ireland is a country known for its best cultural heritage and beautiful scenery. It is also a global education hub. Ireland has emerged as the perfect destination for international students, with its welcoming atmosphere and world-class education. 

    Business education in Ireland also gained popularity with its advanced syllabus, innovative learning, and promising career paths. Whether one aims to become a certified chartered accountant or wants to understand the dynamic of international business Ireland study is the best choice. This article will give the 7 best reasons to study business in Ireland. 

    What is Business study? 

    Business study is not merely a subject study, it’s a broad term that holds many subjects in it. These broad topics include human resources, finance management, marketing, and economics. By covering all these wide subjects  business education enables students to learn in and out of business. Making them seek high-level job opportunities or start their business establishments.

    Read More https://mirchawala.com/blogs/helen-brand-leading-accas-global-finance-and-accounting-vision/

    Courses offered in Business study 

    The business study includes different courses to meet the industry demands. Students can pursue courses according to their will and interest below is the list of the following courses.

    • Bachelors and Masters degree in Business Administration
    • ACCA certification 
    • Post Graduate Diploma in Management
    • Institute of Chartered Accountants of Ireland programme
    • MBA with a focus on entrepreneurship and management 

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    7 best reasons you make you love study business

    There are many reasons students are inclined towards ireland study because of their interest. Below are a few reasons to read.

    • Get knowledge of different things under one degree

    Business degree is not focused on singular things, instead, it is a multidisciplinary field in Ireland. Students study different fields like finance, operations, management, business laws, project handling, etc under one degree. This diversity opens so many different career paths for students to explore. That is the ultimate advantage of studying business.

    • Business makes money 

    Unlike jobs that give 9-5 looping schedules with calculated salaries, business hugely makes a profit. But, business needs constant supervision and alertness that  makes you a millionaire. If someone is ready to put in the effort and is passionate enough soon money will flow to them.

    • Business Solves problem

    Every product we see around us is the solution to some problem. For example, the smartphones we hold in our hands are solutions for faster communication. Moreover, there is more need for people and minds who can solve the product problem of society to make people’s lives easier.

    • Business study improves communication skills

    The business syllabus includes so much idea exchange, presentations, and engaging learning. This will automatically improve the communication skills of students studying business. They will feel confident enough to communicate themselves and their ideas to the world. It will become the reasons to go to Ireland and study business 

    • Opportunities for networking while studying 

    Ireland attracts students from different cultures and different parts of the world. The mixing of different cultures and international opportunities helps students understand the global market.  Programs like ACCA careers and chartered accountancy give global chances to grow and network for students.

    • Develops analytical abilities with time 

    As students progress with their studies in Business they develop analytical and critical thinking. Business needs a different approach and, mindset on things and study makes students pay attention to details and give ideas to the world. 

    • Your entrepreneurship skills will expand.

    If you are passionate enough about doing your own business and creating job opportunities for others. International study in Ireland helps you to get closer to your dreams even more. Business subjects are designed in a manner that entrepreneurship becomes easy for you as compared to other individuals. 

    Institutions that provide business studies in Ireland

    Here, is the institute that offers business study to students in Ireland locally and internationally. Ireland has several top institutions known for their business programs.

    • Trinity College Dublin is well-known for its MBA and innovative business programs.
    • University College Dublin (UCD) provides globally recognized degrees and is home to the Michael Smurfit Graduate Business School.
    • Dublin City University (DCU) is a recognized leader in entrepreneurship and management studies.
    • The National University of Ireland, Galway offers courses with significant industrial linkages.

    Conclusion

    Business study in Ireland links industry and academia and benefits both students and industries. Students who are passionate enough to make their mark in the world must study business.Moreover, ACCA Ireland creates paths that are never there before and it is the best gateway to multiple opportunities.Business studies help you to excel both globally and locally. 

    Frequently Asked Questions

    How to become an accountant in Ireland?

    You can become an accountant in Ireland by pursuing qualifications such as ACCA Ireland or Institute of Chartered Accountants of Ireland programs. These certificates offer a clear pathway to a

    Is Ireland an appropriate place for overseas students pursuing business studies?

    Absolutely! Ireland is well-known for its hospitable culture, world-class education system, and internationally acclaimed business programs. It exposes international students to a variety of cultures and offers possibilities for networking.

    What are my job possibilities after studying business in Ireland?

    Ireland’s flourishing economy and the presence of major corporations like Google, Apple, and Facebook provide excellent job opportunities for business graduates. Popular professional paths include banking, marketing, consulting, and entrepreneurship.

    How much does it cost to study business in Ireland?

    The fee varies according to the institution and program. Tuition expenses for international students often range differently for different programs. Scholarships and financial aid are available to help with expenses.

    Are there any internship options for business students in Ireland?

    Yes, many Irish colleges have links with multinational firms that provide students with internship possibilities. These internships offer practical experience and can lead to full-time work following graduation.

  • What Kind of Calculator Can You Use for ACCA Exams In Ireland?

    What Kind of Calculator Can You Use for ACCA Exams In Ireland?

    The Association of Standard Chartered Accountants exams are well-known for their proficiency in examining candidates’ accounting and critical thinking skills. For students in Ireland and elsewhere, significant preparation is required to excel. The ACCA calculator is another important device for the exam. This guide will teach you all things  you need to know about using a calculator during ACCA exams in Ireland.

    What Type of Calculator Can You Use for ACCA Exams in Ireland?

    There are specific guidelines for using calculators during the ACCA exams. These guidelines are marked by the Association of Standard Chartered Accountants. Here are the types of calculators you can use in the exams. 

    Only non-programmable calculators

    ACCA allows non-programmable calculators. This restriction is to prevent the use of devices with memory storage, internet connectivity, or advanced programming features in the calculator.

    Read More https://mirchawala.com/blogs/what-are-the-best-mba-options-for-acca-students-in-ireland/

    No Graphical Calculator 

    Calculators with advanced graphical features are strictly prohibited. Why? Because these calculators can plot graphs and perform advanced calculus. These devices have enough advanced features that can give unfair advantages to the students. 

    Basic Calculator

    Basic calculators are acceptable as they do not have any sort of programmable feature. They are best for simple arithmetic functions such as addition and subtraction.

    Scientific Calculator 

    Scientific calculators are useful for more complex calculations, such as statistical equations, trigonometric functions, and logarithms. Many ACCA candidates prefer scientific calculators because they can perform complex finance-related equations.

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    Factors to consider before choosing a calculator

    Here are a few guidelines provided by ACCA. Students can keep that in mind with how many types of calculators are allowed.

    Avoid Multifunctional Devices/ Calculator

    Keep away from buying multipurpose devices. Devices that combine calculators with other tools such as smart watches and tablets are not allowed in the examination halls. So, do not buy such devices. 

    Consult with ACCA or Exam Center

    If you are confused about which model to buy, contact ACCA or the exam center to know which calculator they can verify. This will give more clarity to you before buying any model.

    Read More https://mirchawala.com/blogs/the-future-of-cash-flow-management-a-technological-perspective/

    Check the specifications of the device calculator before buying

    Look for the following features before purchasing a calculator; here are the factors that should be ticked. 

    • Basic scientific calculator 
    • No memory or text storage calculator.
    • Non-programmable 
    • Multipurpose devices such as smart watches linked with calculators. 

    Popular Calculator Models for the ACCA Exam

    While ACCA does not publish a precise list of authorized calculators, the following models are frequently recognized by ACCA candidates and comply with the guidelines:

    • Casio FX 82MS
    • Casio FX-85GT Plus, 
    • Sharp EL-W531, 
    • Canon F-715SG.

    These devices are basic scientific calculators that comply with ACCA regulations. They provide adequate functionality for financial and accounting calculations while avoiding banned features.

    Which subject exams need a Calculator 

    Not all ACCA tests require a calculator, but many of the primary subjects include numerical calculation, making ACCA calculators important. Below are the subjects.

    Applied Skill Level

    In performance management (PM), a scientific calculator is required to calculate variances, ratios, and costs. Financial translations, financial ratios, and cost projections are all part of financial reporting (FR). Audit and assurance (AA) has few uses for numerical data analysis. Financial management (FM) is essential for discounting cash flows, IRR, and NPV calculations.

    Strategic Professional Level

    Advanced Performance Management (APM) entails evaluating performance indicators and doing statistical analyses. Strategic business reporting (SBR) may necessitate simple financial calculations.

    Optional subjects

    Taxation (TX) is essential for calculating taxable income, VAT, and other tax-related data.

    Advanced Taxation (ATX) expands on TX by requiring a calculator for more complex tax computations.

    Read More https://mirchawala.com/blogs/what-are-the-requirements-for-international-students-for-acca-in-ireland/

    How Calculators Help with Exams

    Calculators are highly useful during exams and  in ACCA as well. It will give answers with more accuracy and precision. Below are a few ways calculators can help you.

    • Save precious time

    Saving time on calculation during exams allows you to focus on understanding and analyzing exam scenarios. Moreover, enough time is saved for solving other exam portions. Time-saving during exams is critical and important  at the same time. 

    • Reduce Errors

    Calculators limit the chance of blunders, ensuring precision and accurate answers.There is probability that manual calculations do generate errors and mistakes. 

    • Help in fast calculation

    A calculator speeds up calculation with accurate answers.ACCA exams frequently involve complicated calculations including tax percentages, financial ratios, and currency conversions.

    • Enable Focus on Strategy

    With the mechanical chore of number crunching assigned to a calculator, you can focus on analyzing the data and applying them strategically.

    • Saves you from mental math 

    A calculator can save you from doing calculations in your own mind. This can save you enough energy and you can calmly focus on the exam without panicking. 

    Conclusion

    It’s a compulsion to use a calculator during ACCA exams. It not only helps students in calculation but it can save a major portion of their  time in exams. Moreover, the guidelines given by ACCA for using calculators should be kept in mind by students. So, during exams using ACCA calculators they will not find their self doing guideline violation. However students can buy best suited calculator models.

    Frequently asked question(FAQs)

    Can I use a programmable calculator in the examination hall for ACCA?

    No, programmable calculators are strictly prohibited, Only non-programmable and basic scientific calculators are allowed. 

    Can I use a graphical calculator during ACCA exams?

    No, graphical ACCA calculators are not allowed in ACCA exam requirements. 

    How can I be sure my calculator fit in with ACCA rules?

    Choose a calculator that is not programmable and does not have additional features like text storage or internet access. Casio FX-82MS is a reliable choice.By following these rules and selecting the appropriate calculator, you will be well-prepared for your ACCA exams.

    Are calculators provided during the exam? 

    No, Calculators are not given by exam centres; you must bring your own ACCA calculator. 

    Do all ACCA exams require a calculator? 

    No, although numerical analysis papers like taxation and Financial Management need calculators.

  • ACCA Pathways for 2025: Choosing the Right Route to Success

    ACCA Pathways for 2025: Choosing the Right Route to Success

    OVERVIEW:

    The global acknowledgment of the ACCA qualification makes it easily accessible and conveniently diverse in options. There are multiple ACCA pathways but it is essential to choose the right path for achieving success and shaping a career in the accounting or financial sector. Students may tailor their steps or path during the ACCA journey following their career goals or aims. Ahead are multiple pathways you may follow to achieve success in ACCA 2025. 

    ACCA QUALIFICATION ROUTE: 

    To understand the ACCA pathways precisely, first you will need to understand the route and structure of the qualification. The ACCA qualification is for aspirants aiming to become Chartered Certified Accountants; this qualification in accounting is well-acknowledged all around the world. The qualification consists of a series of 13 exams that are divided into three levels: applied knowledge (fundamental level), applied skills level, and strategic professional (advanced level).

    The ACCA qualification prepares students with academic knowledge along with technical skills. The qualification normally takes 3 to 4 years to complete; however, the duration might vary from person to person depending on their study pace. ACCA is a structured yet very flexible qualification allowing students flexible exam sittings (quarterly in a year), as well as exam exemptions, depending on your previous qualification or educational background. 

    ACCELERATED ACCA PATHWAYS FOR UNIVERSITY GRADUATES: 

    Students having a previous degree in a relevant field can have benefits in their ACCA journey. These students are eligible for exam exemptions from the fundamental levels of ACCA (Applied Knowledge and Applied Skills level). The number of exam exemptions completely depends on a student’s previous degree and the institute they studied in. Exam exemptions help lessen the duration of completion of ACCA qualification; by availing exemptions, the qualification could take around 2 to 3 years to complete. This is the ideal pathway to speed up the journey of ACCA and step into the professional world. 

    DISTANT LEARNING OR PART-TIME ACCA PATHWAYS: 

    ACCA pathways also offer an option of distance learning and part-time learning; it is a flexible qualification allowing students multiple study options (online, virtual, and self-study). There are numerous ACCA-recognized online resources and institutes offering ACCA courses. This helps students to continue learning without any obligation to be physically present at the place. Online learning gives various study options, numerous resources, and reliable study materials to the students. An example of the best ACCA online learning providers is https://mirchawala.com/admissions/

    Along with this, students can also choose study modes that suit them best (part-time or full-time studies). The option of part-time studies is very favorable for students who are balancing work and studies together. Part-time studies allow them to concentrate on their academics along with managing personal and professional commitments. The duration of completion of qualification for part-time students depends on their study pace and exam success ratio. 

    ACCA PATHWAYS FOR PROFESSIONALS: 

    ACCA pathways for professionals are somewhat like ACCA pathways for individuals with university degrees. Professionals with relevant work experience in the accounting or finance sector can be eligible for exam exemptions. If you have relevant work experience, you can avail exemptions on exams from the fundamental level. This will accelerate your academic journey by lessening your duration of completion of the qualification. So, if you have a solid professional background in accounting or finance, you should apply for exam exemptions. 

    MSc AND ACCA PATHWAYS: 

    In this pathway, the target audience is the individuals aiming to pursue a master’s degree along with an ACCA qualification. Numerous universities are offering master’s degrees in accounting and finance, by which you will be able to complete a part of the ACCA qualification. Some of the courses learned in your master’s degree could be exempted from your ACCA syllabus.

    You will be able to avail exemptions for the courses you have covered in your master’s degree. The duration it typically might take is 2 years for a master’s degree along with an ACCA qualification. This helps students in building a strong focus on academic as well as professional development. 

    ACCA STRATEGIC PROFESSIONAL EXAMS: 

    To complete the ACCA qualification, it is important to complete the strategic professional level as well. This level prepares you for high-level leadership and strategic roles. The level consists of 4 papers, out of which 2 are optional. This is an essential part of ACCA pathways, as it helps you prepare yourself for senior roles such as CFO, financial controller, etc. This is usually completed after completing the applied skills level. This part is an advanced part of the qualification and highly affects your academic and professional life. Mirchawala's Hub of Accountancy CALL TO ACTION

    CONSIDERATIONS FOR CHOOSING THE RIGHT ACCA PATHWAYS: 

    The following are the things you should consider while choosing your route to ACCA qualification. There are numerous ACCA pathways; every student has to create their route by aligning their goals with it. The following are some key considerations: 

    Educational background: 

    Educational background highly affects your ACCA route; if you are coming straight from school, have some relevant qualifications, and have professional relevant experience. It will help you to know where to start your journey; this also helps in accelerating your ACCA journey globally. Hence, align your educational background with your career goals for the best outcomes. 

    Time Commitment: 

    Choose your path (part-time or full-time) to study, and stay committed to it. Analyze what works best for you, then make a plan in accordance with it. Also, set the time in which you aim to complete your qualification and then choose your path. 

    Career Goals: 

    Specify what path you want to choose professionally (auditing, taxation, financial management, etc.) and pursue relevant courses at a strategic professional level to gain expertise in them. 

    Study Preferences: 

    Choose your study mode; if you consider online classes, face-to-face classes, or self-study, and then enroll yourself in an ACCA-acknowledged institute. 

    CONCLUSION: 

    There are numerous ACCA pathways, as the qualification is quite flexible and offers various options. The students need to analyze their wants and then align their goals with them, altering their own route to ACCA qualification. The factors you need to consider while creating your pathway are your educational background, qualification duration, study modes and options, etc.

  • Have You Failed the ACCA EXAM

    Have You Failed the ACCA EXAM

    Have You Failed in the ACCA Exam? These Habits might be the Reason…

    Qualifying for an ACCA exam is quite tough. Hence, failing the ACCA exams is not uncommon. However, if you study actively and smartly and avoid procrastination, there are numerous strategies to improve your odds of qualifying for any ACCA exam on your first attempt. The secret is to become proficient in the subject, become accustomed to the format and time limits of the exam, and develop your abilities and self-assurance so that you can demonstrate them successfully on exam day. By committing to habit monitoring and regularly using general knowledge, you can avoid failing the ACCA exam. Let’s look at some of the major habits that might be the reason you failed the ACCA exam.

    Start Studying Anywhere 

    Students’ capacity to absorb and retain information can be greatly impacted by the setting in which they study. An hour spent studying in a library is more productive than four hours spent studying in the TV lounge. A setting that is busy or noisy might be distracting and make it hard to concentrate.

    To build the right environment for study, establish a focused and well-structured study space, make sure there is adequate lighting, locate a peaceful area away from interruptions, and keep all required study supplies close at hand. Efficiency and concentration can be improved by a neat workspace.

    Getting Excessive Amounts of Information

    Many students try to commit a lot of knowledge to memory without really understanding it. A lot of students try to commit a lot of information to memory without really grasping the ideas. Students cannot learn well if they attempt to absorb too much knowledge at once. It might cause misunderstandings and hinder memory recall.

    Focus on comprehending the fundamental ideas and concepts and consider quality precedence over quantity, consider dividing the content into manageable portions, and concentrating on a single subject at a time. Make use of study resources that provide succinct, simple explanations of subjects. To help you retain what you’ve learned, take breaks.

    Always Overburden

    Since ACCA students have a lot of material to learn, it’s easy to feel overwhelmed by the sheer volume of information covered in ACCA exams. You must avoid becoming overburdened by the amount of work you have to accomplish.

    Divide the content into smaller, easier-to-handle portions and a lots enough time for every subject. Making a study plan will enable you to go over everything without being overburdened. Set priorities for your study topics and work on each one separately.

    Recall that it is preferable to move slowly and steadily rather than quickly.

    Examining Responses Before Attempting the Question 

    It’s common for some students to go over the answers before trying to answer exam questions. However, it is a common student inclination to view answers before attempting the question; this disrupts the learning process and can result in poor performance. As a result, it is not a good method for students like you to learn or remember knowledge. Start by giving the questions your best effort and exploring the areas for improvement. Go back and review your responses later and contrast them with the sample responses you wrote. This will strengthen your comprehension of the subject matter and assist you in identifying areas in which you need to improve.

    Procrastination

    A lot of students see ACCA as a qualification, much like other college or university courses, especially those who are just beginning their program. Exams can be passed with only a little extra effort near the exam. But this is not how you pass the ACCA exam. I’ll finish it later, tomorrow. Guys, set a schedule and follow it. Later on, when you have months of lectures to learn in a week, the “pain of sitting down to revise for a few hours and following your schedule is a lot less pain than you will feel.“

    Ignoring the Theory Portions of the Syllabus

    ACCA exams often consist of both descriptive and numerical questions (some exams have just theoretical questions). However, it has been observed that a large number of students spend most of their preparation time practicing numerical problems and do not take the theoretical portions seriously. It is among the main causes of low passing scores on exams like the MA, PM, FM, and others. As you study for your tests, be sure to practice descriptive questions. Keep in mind that reading about the subject is not enough; you also need to practice writing about it.

    Last Verdict

    These are a few habits that might be the reason why you failed the ACCA exam. No doubt, ACCA examinations are difficult, but with the right study techniques, you can pass them. Trust yourself and keep working. Anything you set your mind to, you can accomplish. Mirchawala is there to support you in your ACCA learning journey. Our expert teaching can guide you throughout the journey. Contact us to know more!

    Frequently Asked Questions (FAQs)

    Q: Why do people fail in ACCA?

    Ans: It might be that you were not diligent about your study time, that you tried question spotting, which doesn’t work, or that you wasted time taking notes without learning anything. According to experts, students who pass generally devote 150 hours or more to their studies for each paper.

    Q: How to deal with ACCA failure?

    Ans: On the ACCA Global website, you can receive insightful examiner reports after failing an exam that will change the way you approach every subject. You can adjust your approach by using the feedback to gain insight into what the markers are seeking.

    Q: Why is ACCA so hard to pass?

    Ans: The extensive breadth of the certification is reflected in the sizeable amount of study material included in the ACCA curriculum. Comprehensive Reading Materials: There are study guides, revision aids, and practice questions specific to each of the 13 exams.

    Q: What is the fastest way to finish ACCA?

    Ans: Working and studying together is the fastest approach to qualifying for the exam. You might be eligible in as short as three or four years if you do. 

  • A Step-by-Step Guide on How to Start ACCA After 12th

    A Step-by-Step Guide on How to Start ACCA After 12th

    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.

    • Age limit

    Students must be eighteen or above 18.

    • 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.

    • 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.

    • 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)

    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)

    Start your ACCA Journey With Mirchawala Hub of Accountancy 

    Mirchawala Hub of Accountancy is an excellent approach to start your ACCA after 12 and put your efforts on the right path. We help you by creating awareness about the ACCA study, unmatchable study approach, and guidance from expert teachers. Mirchawal goes beyond the limit to make you confident enough in your preparation so you may make it through the ACCA journey. So now!

    Learn smarter, succeed faster. 

    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.

    Mirchawala's Hub of Accountancy CALL TO ACTION

    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 

    • 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. 

    • 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.

    • Future security 

    Selecting a career path early brings security about the future. Moreover, ACCA qualification itself is a sign of a stable future.

    • 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.

  • Networking Opportunities for ACCA Students in Maldives.

    Networking Opportunities for ACCA Students in Maldives.

    ACCA study needs command of every subject and a wise approach towards preparation. But certain things that can add to the ACCA preparation of students are networking and in short words connecting with people in the same domains. This article will reflect on the networking opportunities for ACCA students in Maldives. Also, few benefits of networking that give advantages to their preparation to some extent.

    ACCA students networking opportunities  

    Building a network as an ACCA student plays a very critical role in the professional development of students, particularly in qualifications like ACCA(Association of Standard Chartered Accountants). 

    Virtual networks/ Online networks

    There are several online networks through which students can connect and see opportunities. 

    Reddit and Quora groups

    Quora and Reddit have groups that give student support, answers to queries, and discussion forums for students. These groups address the queries of global-level students. 

    Webinars

    Many ACCA bodies and organizations let students attend webinars on exam updates, industry trends, and career guidance. This is helpful for students to let them connect with industry experts for guidance. 

    Facebook Groups 

    Different Facebook groups in Maldives are a golden chance for ACCA Students in Maldives

     It will allow them to connect with people who share common goals with each other. 

    Linkedin groups 

    LinkedIn groups are professional groups that give students a chance to connect with mentors and take part in discussions. Moreover, on this professional platform, students can connect with people who are already a part of the ACCA job market.

    Physical networking opportunities for ACCA members in Maldives

    There are different physical networking opportunities which students in Maldives can find helpful. 

    Workshop

    Different educational institutes organized workshops for students. These workshops are in-person workshops and students can interact with each other and experts as well. 

    Tuition centers

    Tuition centers are another unique means of networking, where many like-minded people come and study the same things for a specific period. Tuition networking gives more like friendships. 

    Seminars and Conferences

    ACCA networking events in Maldives Accounting, finance, and professional development events are excellent opportunities to network with industry professionals and other students.

    Types of people you can network with 

    There are certain categories of people  for ACCA students in Maldives, to connect with them. 

    Mentors 

    These are professionals people students can connect with on a professional level via their Gmail and personal contact numbers. Having a mentor by your side improves your preparation and also you get the best insights from their personal experience. That will eventually increase your learning.  

    Peers in the same batch and class 

    Students can learn a lot from people in the same class. Connecting with your age mates develops respect and mutual support for learning. Moreover, discussing things on the same level can immediately improve learning. 

    Seniors who have completed ACCA 

    There are seniors and alumni from the previous class who have completed their ACCA journey. They can give you the best advice and suggestions because they once passed through that stage. 

    Juniors study ACCA 

    Students below you starting their fresh journey can teach you many things. In addition, you can learn their perspectives about study and exams.

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    Benefits of networking for ACCA students in Maldives 

    Supportive networks for students give huge support to the students in their preparation and personal development. Here are the different benefits of networking

    • Increased awareness about studies 

    Having a network increases awareness about exam patterns, study trends, and current updates. More border networks means plenty of current information. In this way, students do not miss any current updates related to their studies. Moreover, the exchange of ideas also happens while networking.

    • Motivation

    You can keep up the spark for a study that gives you the best. People with the same thinking push you enough to study more. Motivation and consistency are essential for ACCA’s success.

    • Exposure to Different Preparation Tactics

    Interacting with other ACCA students in Maldives to discover new ways to approach tests and assignments, which can help them improve their tactics.

    • Clarification on Difficult topics

    Some ACCA students struggle with specific areas. Networking allows you to seek assistance, exchange ideas, and obtain clarity from individuals with a greater understanding of the subject.

    • Career Opportunities

    Networking can lead to internships, job offers, and referrals. Professionals in your network may alert you of job openings or refer you for positions.

    • Personal Development

    Networking allows students to develop soft skills like communication, teamwork, and problem-solving, all of which are necessary for job advancement.

    Conclusion

    ACCA students networking in Maldives is essential. There are several possibilities to connect with mentors, classmates, and professionals, both virtual and in person. Students can receive knowledge, inspiration, and job chances by actively participating in networking events, as well as building important skills. As the world grows more interconnected, taking advantage of these opportunities will significantly enhance academic and career achievement.

    FAQs(Frequently asked questions)

    Are physical networking events worth attending?

    Yes, physical networking opportunities like webinars and workshops give face-to-face interaction with people and increase the learning experience in return.

    How can I find ACCA study groups online for ACCA students in Maldives?

    You can search ACCA study groups on Facebook, Reddit, and Linkedin. Search with keywords like ACCA study groups and ACCA tips. 

    How to network as an ACCA student in Maldives?

    Networking can help students with exam attempts, guidance in studies, and grabbing opportunities.  Explore groups on facebook, Reddit, Quora and connect with people in person.

    Can juniors benefit from networking?

    Absolutely yes, Juniors can benefit from networking opportunities and get enough clarity from the seniors.

  • Part-Time Jobs That Complement Your ACCA Studies

    Part-Time Jobs That Complement Your ACCA Studies

    Keeping a job with studies is a difficult task but still many companies and countries in the world encourage students to do jobs with their studies. Why? Because part-time jobs can pay students so well in the long term, not only in terms of money but also in learning and experience. They can open a world of new opportunities for themselves. Let’s read the type of Part-time Jobs and ACCA Studies and see the benefits of part-time jobs.

    What does a part-time job mean?

    A part-time job is a type of employment that consumes less than 30 hours per week. Part-time work often comes in shifts and work is organized in such a way that professionals and students can manage their personal lives and studies.

    Part-time jobs that complement your ACCA studies

    There are plenty of job sectors that offer jobs in the finance domain to the students.

    Audit intern 

    Students can get hands-on experience in both external and internal audits by working as part-time audit interns. In this role, the employer will examine financial records, collect data, and summarize findings under the guidance of a senior assistant. This role is suitable for ACCA students as Auditing is a major part of the ACCA qualification.

    Accounts Payable 

    This role is focused on transactional accounting and managing finances This role involves task accounts receivable, accounts payable, and reconciliation. By handling the inflow and outflow of the money ACCA students can develop practical skills in managing company finances and delays and errors in payments.

    Read More https://mirchawala.com/blogs/explore-the-benefits-of-studying-with-the-acca-approved-learning-partners/

    Tax Assistant

    This is the best part-time opportunity for ACCA students. This job role might include responsibilities such as filing tax returns, tax compliance, and filing tax returns. This role provides enough exposure to taxation, the core subject of ACCA studies. 

    Junior Accountant 

    A Junior account plays a very valuable role in managing the financial matters of business. As a part-time junior assistant, students do tasks like financial data entry, reconciliation, and bookkeeping. 

    Financial analyst support 

    One of the Part-time  jobs in finance is financial analysts develop the decision-making and analytical skills of the students. As a part-time role of junior financial analyst key tasks comprise financial modeling, data analysis, and market research.  

    Benefits of part-time jobs

    Part-time jobs give huge benefits to employees. The scope of the job may vary surely, part-time work is beneficial for students. Let’s see what benefits it gives.

    Firm your productivity

    Part-time jobs give solid productivity while having financial gains. Students are using their time in meaningful jobs rather than wasting it on other useless activities. In addition to that, part-time ACCA accountant jobs make students  punctual and disciplined.

    Flexibility and convenience 

    One of the attractions of part-time jobs is their flexibility and comfort. Students and individuals with personal responsibilities( families and personal responsibilities) can easily manage these jobs. Scheduling a part-time job is often rotational and gives huge favor to students. They can work in shifts and on different schedules.

    Skill development

    One more benefit of a job in finance is skill development. It will make students confident enough in themselves for actual full-time employment. Moreover, it will improve finances and communication is developed on a professional level.

    Mirchawala's Hub of Accountancy CALL TO ACTION

    Factors to look upon before joining part-time jobs

    Here are certain factors to keep in mind before starting a ACCA accountant jobs

    • Checking the location too far from your place consumes more time.
    • Prefer remote jobs over physical jobs.
    • Join jobs that offer great work ethics without over-pressurizing for work.
    • Look hours before the jobs and see hours do not exceed more than 30 hours.

    Conclusion

    Part-time jobs should be joined by every student who wants to upskill and improve their communication skills. Moreover, it will have a great future impact on your resume when you go for full-time employment. Combinedly factors such as locality, job role, and the intent of the job to get an easy start with your part-time job. Keeping in mind all the factors it is easy to manage part-time jobs and ACCA studies.

    FAQs

    Do part-time jobs need a resume and CV?

    Yes, a very excellent CV is not needed but, a CV reflecting your long-term goals and highlighting your interpersonal skills like communication is enough to get the part-time role.

    How do I get a part-time job?

    Many websites like LinkedIn, indeed list many part-time jobs for students. You can also get a part-time job with networking and referral by a senior or some known mentor. 

    What factors are needed to look for a part-time job? 

    See your location and match the job timings with your daily routine and look upon the hours of job. 

    Is it difficult to get a part-time job?

    No, it is not difficult to get a part-time job continuously and, seek referrals if you can to get the job.

    Do ACCA accountant jobs affect my studies?

    No, it completely depends on how you manage your schedule and align your priorities with your job.

    Are part-time jobs preferable?

    Yes, part-time jobs are preferable for students and working professionals to get experience in job domains.

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