In Bangladesh, accounting is one of the most sought-after professional fields, and the ACCA qualification in Bangladesh has become a top choice for students there. The association of Chartered Certified Accountants (ACCA) is recognized globally and equips with advanced financial management, auditing, and reporting skills. But as the professional progresses, many wonder what comes after ACCA, and that is FCCA. Understanding the FCCA vs ACCA in Bangladesh comparison is essential for anyone planning their long-term career in finance and accounting.
What is the meaning of fcca in Bangladesh?
Before you explore the differences, it is important to understand the FCA’s meaning in Bangladesh. FCCA stands for Fellow Chartered Certified Accountants. It represents senior membership within the ACCA body and is open to ACCA members who have gained at least five years of relevant professional experience after achieving their ACCA membership
In simple terms, it means that FCCA is not a separate qualification but a recognition of long-term professionals’ achievement and commitment to the accounting profession. While ACCA members are qualified accountants, FCCA. members are recognized as seasoned professionals with extensive experience and higher credibility in the field.
Difference Between FCCA and ACCA
The difference between FCCA and ACCA mainly lies in experience, status, and recognition. Both titles belong to the same professional body, but they represent different career stages. Below is a breakdown of the key differences:
| Criteria | ACCA | FCCA |
| Full Form | Association of Chartered Certified Accountants | Fellow Chartered Certified Accountant |
| Membership Level | Qualified Member | Senior (Fellow) Member |
| Experience Requirement | 3 years of relevant work experience | 5 years post-membership experience |
| Eligibility | Completion of ACCA exams and ethics module | Must be an ACCA member for 5 years and have relevant professional experience |
| Professional Recognition | Recognized as a qualified accountant | Recognized as a senior and experienced accountant |
| Career Stage | Early to mid-level professional | Senior-level professional or leader |
| Post-nominal Title | ACCA | FCCA |
This comparison makes it clear that the FCCA vs ACCA eligibility and requirements depend largely on experience and professional maturity rather than academic differences.
FCCA vs ACCA Salary in Bangladesh
When it comes to earnings, the ACCA vs FCCA salary comparison shows that FCCA members typically earn more due to their seniority and experience. In Bangladesh, an ACCA member might earn between BDT 80,000 to 200,000 per month, depending on their role and company. Meanwhile, an FCCA member can command higher salaries, often exceeding BDT 300,000 monthly in senior management, audit, or finance leadership roles.
The FCCA vs ACCA in Bangladesh salary gap is mainly due to the value employers place on long-term experience, leadership, and industry expertise.
FCCA membership benefits
Obtaining FCCA status comes with several advantages that enhance career growth and credibility. The main benefits of FCA membership include:
Global recognition as FCA members is expected worldwide as senior accounting professionals.
Professional credibility shows commitment, consistency, and advanced expertise.
Leadership opportunities are often given to FCA members for higher roles, such as managerial and executive roles.
Networking advantages give access to a strong professional network of senior accountants and industry leaders.
Continuous professional development, recognition of ongoing learning, and contribution to the accounting profession.
For those working i finance departments, audit firms, or multinational companies, achieving FCA can open doors to senior-level decision-making roles in Bangladesh and abroad.
FCCA Recognition in Bangladesh
The FCCA recognition in Bangladesh is growing steadily as more employers value international certifications. FCCA members are often seen in leadership roles across Big Four firms, banks, financial institutions, and corporate sectors. Many multinational and local companies recognize FCCA as a mark of excellence, professionalism, and trust.
Additionally, FCCA status helps Bangladeshi professionals stand out in global job markets such as the UK, the Middle East, and Singapore, giving them a competitive edge.
How to Become an FCCA After ACCA
If you are already an ACCA member and want to progress to the next stage, here’s a simple guide on how to become FCCA after ACCA:
- Maintain your ACCA membership: Continue paying your annual membership fees.
- Gain experience: Work for at least five years after becoming an ACCA member.
- Meet professional requirements: Demonstrate continued professional development (CPD).
- Apply for FCCA status: Once eligible, you can apply directly through the ACCA member portal.
This process is straightforward and ensures that only those with solid experience and active professional involvement achieve the FCCA title.
FCCA vs ACCA Eligibility and Requirements
Here’s a quick summary of FCCA vs ACCA eligibility and requirements:
- ACCA Eligibility:
- Complete ACCA exams
- Fulfill 3 years of practical experience
- Complete Ethics and Professional Skills module
- FCCA Eligibility:
- Hold ACCA membership for at least 5 years
- Maintain continuous CPD
- Demonstrate ongoing professional experience
Conclusion
Both ACCA and FCCA are prestigious designations in the world of finance and accounting. The FCCA vs ACCA in Bangladesh discussion is not about which one is better, but which stage you are currently in your career. ACCA is ideal for students and young professionals starting their accounting journey, while FCCA marks the achievement of long-term experience, leadership, and professional excellence.
For Bangladeshi professionals aiming for higher credibility, better pay, and global recognition, moving from ACCA to FCCA is a natural and rewarding progression.
FAQs
- What are the main differences between FCCA and ACCA?
The difference between FCCA and ACCA is mainly experience-based. FCCA represents senior-level recognition awarded to ACCA members with at least five years of post-membership experience. - What are the ACCA career opportunities in Bangladesh?
The ACCA career opportunities in Bangladesh include roles in audit firms, corporate finance, consulting, and multinational companies. ACCA-qualified professionals are in high demand across various industries. - How is FCCA recognized in Bangladesh?
FCCA recognition in Bangladesh is growing rapidly, with many employers viewing it as a mark of senior expertise and leadership in the accounting field. - Which has a higher salary: ACCA or FCCA?
According to the ACCA vs FCCA salary comparison, FCCA members earn more due to their greater experience and leadership roles.
5. How can I become FCCA after ACCA?
To become FCCA, maintain your ACCA membership for five years, complete CPD, and apply for fellowship status through the ACCA platform.
