Mirchawala's

Tag: ACCA Exams

  • The best order to pursue ACCA exams in Zimbabwe

    The best order to pursue ACCA exams in Zimbabwe



    BACKGROUND:

    ACCA qualification consists of 13 exams divided into three levels (Applied knowledge level, Applied skills level, and Strategic Professional level). ACCA exams are a mixture of case studies, real-life scenarios, and strategies. These exams scrutinize an aspirant’s competence in theoretical knowledge, technical skills, and their implementation in practical scenarios. It is advised for students to follow the given structure of ACCA exams to avoid any kind of hurdles, to know the structured order of these exams and why is it advised to follow and to read the blog ahead.

    APPLIED KNOWLEDGE LEVEL:

    This level includes three exams (Business and Technology, Management Accounting, and Financial Accounting), and all of these exams are the foundational level exams of ACCA qualification. These exams build the basic knowledge regarding business, accounting, and management in an aspirant, ensuring the student has enough knowledge to start the complex journey of ACCA qualification. Students should clear these exams first, before moving towards the complex exams of ACCA. These courses will play a major role in preparing you for the complex exams ahead by building your basics and offering the clarity you will need to achieve success ahead in the qualification. 

    APPLIED SKILLS LEVEL:

    The applied skills level is a bit advanced version of the previous level, this level includes a total of six ACCA exams, these exams include financial reporting, taxation, Financial Management, Audit & Assurance, performance management, and Corporate and business law. These exams prepare and test you with your technical skills, this level ensures you develop the skills needed in your professional life. These exams demand you to use the knowledge gained in previous levels in practical scenarios. Students are advised to follow the chain by completing the exams of this level before moving forward to the strategic professional level.

    STRATEGIC PROFESSIONAL LEVEL:

    It is the last level of ACCA qualification, hence, the most advanced and complex level. This level includes two compulsory exams (Strategic Business Leadership and Strategic Business Reporting), and two optional exams which students can select by their preferences and career choices. As the name of this level suggests, the ACCA exams of this level are completely based on strategy management and implementation of accounting concepts in the professional world, it is a mix of case studies, strategies, and problem analysis. This is the most advanced level therefore, students should first complete the previous level exams to get the clarity of this level. 

    GENERAL TIPS FOR ACCA EXAMS:

    However, Students are advised to follow the structured order mentioned above but some students might feel it is more feasible for them to study certain subjects together. Students can pair subjects that align with their goals. The following tips may be helpful for you while choosing the best order for your ACCA exams:

    • It is crucial to analyze your academic weaknesses and strengths so that you can choose the order of exams at each stage, and to pace yourself.
    • Another reason which can influence your choice of order of ACCA exams is your time management, exam order can differ from student to student depending on the number of exams attempted in each sitting.
    • Make sure you do not get too excited and end up overburdening yourself with multiple complex exams in one sitting.
    • It is advised to pair exams interlinked to one another in a single sitting.
    • Make sure you do not take advanced-level exams before completing fundamental-level exams.

    Mirchawala's Hub of Accountancy CALL TO ACTION

    WHY SHOULD STUDENTS FOLLOW THE RECOMMENDED ACCA EXAMS ORDER?

    Building a strong foundation:

    By following the recommended order of ACCA exams students start their academic journey from the fundamental level of qualification globally. Exams from this level build the basic knowledge in the area of business, accounting, etc, in students. Fundamental level enables students to have knowledge and clarity regarding the core concepts and topics, by completing this level students can then grasp the complex concepts and strategies in the advanced level of the qualification. 

    Logical Progression:

    The suggested order of ACCA exams follows a logical progression, each exam somehow or other prepares you for the next exam. The complexity of each exam increases with the advancement of each level. Hence, to progress in exams with conceptual clarity it is advised to follow the order. Whereas, skipping or rearranging exams can result in a lack of understanding and poor performance.

    Better exam performance:

    Students tend to perform better while following the structured order of ACCA exams, as it enables students to master the topics progressively. With each passing exam, you get prepared for the next one. It helps in nourishing your learning and exam writing skills, boosts your confidence, and enables you to use learned knowledge efficiently. 

    CONCLUSION:

    The best Order to pursue ACCA exams is to follow the structured order, first clear the Applied Knowledge level exams as they are fundamental exams building your core concepts. Then move forward to Applied skills level exams, these exams are a bit advanced than the exams in the previous level and equip you with technical skills. After completing them, now go for the strategic professional level, this level is the most advanced and requires both your academic knowledge and technical skills together to solve the case studies based on real-life scenarios. By using this order students can maximize their study efficiency, achieve logical progression, meet prerequisites, and hence, perform better in ACCA exams. 

    FREQUENTLY ASKED QUESTIONS:

    Q1: Can I skip some exams if I have previous accounting experience?

    Answer: Yes, if you have prior education or experience in the related field of accounting or finance you are eligible to apply for exam exemptions. Exam exemption is offered on foundational level exams and the number of exemptions depends on certain factors like your experience or qualification provider, type of experience and institute, etc. 

    Q2: Can I take multiple exams in one sitting?  

    Answer: Yes, you can take multiple exams in one sitting depending on your skills, capacity, study pace, and study pattern. ACCA doesn’t bind you to take a specific number of exams, it gives you the flexibility to choose the number of exams in accordance with your comfort.

     

  • Are all ACCA exams difficult?

    Are all ACCA exams difficult?

    BACKGROUND:

    The ACCA qualification is one of the most prestigious and globally acknowledged qualifications in accounting; it opens a gateway to a promising career in the accounting and finance sector. However, the qualification has numerous career benefits but students are still anxious while choosing ACCA because of its competitive nature, complex syllabus, and difficulty level of ACCA exams.

    This qualification consists of a series of 13 exams; these exams are divided into three categories, namely applied knowledge level, applied skills level, and strategic professional level. Amongst all these levels, the most complex and advanced level of ACCA qualification is the Strategic Professional level. Several factors could contribute to the complexity of ACCA exams, including study patterns, prior knowledge, concentration, learning techniques, etc. To know more about the difficult ACCA exams and effective solutions to them, read the blog ahead.

    STRUCTURE OF ACCA EXAMS:

    Applied Knowledge level:

    This is the introductory level of ACCA qualification; this level builds the foundational knowledge regarding accounting and financial principles and business practices in students. The applied knowledge level consists of three exams (Business and Technology, Financial Accounting, and Management Accounting).

    Applied Skills level:

    This level is a step ahead of the previous level; it ensures the application of the theory learned in the previous level in real-life scenarios. This practice gives students a deeper knowledge about implementing theory in practical life, equipping them with skills to accelerate their professional journey. This level consists of six exams, namely, corporate and business law, performance management, financial management, audit and assurance, financial reporting, and taxation.

    Strategic Professional level:

    This level is the most advanced level of ACCA qualification, hence considered the most challenging level, requiring critical thinking and decision-making skills. There are four exams included in this level, two of which are optional.

    FACTORS INFLUENCING THE PERCEIVED DIFFICULTY OF ACCA EXAMS:

    There are various factors influencing the difficulty level of ACCA exams, some of which are discussed below:

    Subject Matter:

    The difficulty of ACCA exams largely depends on the complexity of the subject; some subjects are easier than others and vice versa. For example, financial reporting, taxation, audit, and assurance are the subjects considered difficult because of their depth of knowledge and incorporation of practical skills. While management accounting and business technology are considered a bit easier and more approachable.

    Prior knowledge and experience:

    Another huge factor that plays a prominent role in influencing the difficulty of ACCA exams is the candidate’s prior knowledge. If a candidate has an educational background or work experience in the accounting or finance sector they might not struggle with some of the subjects of ACCA. Having a good fundamental understanding of accounting can help them deal with the complexity of ACCA exams. Whereas, students who do not have any prior knowledge or experience in the relative field might face issues and complexity.

    Time commitment and study strategy:

    Students usually overlook ACCA exams, which contributes to their exam failures. To succeed in difficult exams, ACCA students need to stay consistent, devote a good amount of time to their studies, and follow a structured study plan. Brushing off exam preparation can result in last-minute chaos, poor preparation, and eventually failure. Hence, students are advised to do active revision, contribute more time to the subjects they find difficult, utilize reliable study resources, stay consistent with their studies, and not give up.

    Personal Strengths and Interests:

    The difficulty level of ACCA exams may differ from person to person depending on an individual’s interest and strength in the specific area. If a student is interested in a specific area of study, they tend to find it easier and more interesting despite the complexity of the syllabus. For example, if a student is attracted to the areas of taxation and auditing, they might find them easier as compared to the other exams. Hence, no one can determine if a subject is difficult, as some might find that subject easier depending on their interest level.

    COMMONLY CHALLENGING ACCA EXAMS:

    However, the difficulty of the subject may differ from student to student, but it is observed that some subjects are commonly challenging for many students and require extra hard work as well as dedication. These subjects include financial reporting, taxation, audit and assurance, strategic business leadership, etc. Mirchawala's Hub of Accountancy CALL TO ACTION

    HOW TO OVERCOME THE DIFFICULTY OF ACCA EXAMS:

    Create a structured study plan allocating time to every subject depending on the complexity of the course, your strengths, and weaknesses, etc.

    Stay consistent with your studies, practice daily to gain confidence, and be fluent in the area of study. Solve past papers, take mock exams, etc., daily.

    Rather than memorizing the answers, try to understand the key concepts. This is essential for ACCA qualification, as this qualification also focuses on practical skills and real-life scenarios as well in Zimbabwe and globally.

    If you feel like you are struggling in a subject, do not hesitate to ask for help from professionals; don’t panic or take stress, as it will lead to nothing but less productivity.

    CONCLUSION:

    ACCA exams are considered competitive and complex amongst other accounting qualifications, but with the right strategy, consistency, determination, and motive, one can easily ace the exams of ACCA. No one can determine a subject’s difficulty, as it can vary from student to student. While some students might find financial reporting a difficult course, others might contradict this statement; the level of difficulty of ACCA exams depends on an individual’s interest and hard work in the area of study. Nevertheless, a structured study plan, the practice of past papers, and consistency can make every complex course an easy one.

    FREQUENTLY ASKED QUESTIONS:

    Q1: Are all ACCA exams equally difficult?

    Answer: No, The difficulty level of each exam may vary amongst students depending on their interest and hard work. However, some courses are commonly found difficult or complex amongst ACCA aspirants. Typically, these courses are from the Strategic Professional level of the qualification.

    Q2: Which ACCA exams are considered the most difficult?

    Answer: ACCA exams, which demand a strong understanding and implementation of theory into practical scenarios, are considered difficult, such as financial reporting, taxation, audit and assurance, strategic business leadership, etc.

  • Pass ACCA on the First Attempt with Mirchawala’s Expert Coaching

    Pass ACCA on the First Attempt with Mirchawala’s Expert Coaching

    Pass ACCA on the First Attempt with Mirchawala’s Expert Coaching

    Embarking on your professional journey with the ACCA (Association of Chartered Certified Accountants) is a great choice to ensure a thriving career in 2025 and beyond. Even though the journey may seem difficult, the right ACCA institute like Mirchawala’s Hub of Accountancy can make all the difference. 

    As a renowned ACCA platinum-approved learning partner, Mirchawala strives to offer comprehensive and tailored courses. Besides ACCA, the institute offers a wide range of financial courses, including US CMA, FRM, and CFA, to name a few.

    Acknowledging the significant role that ACCA plays in shaping professionals’ careers worldwide, Mirchawala offers an ACCA course designed to help students navigate complex concepts and finally qualify for the ACCA exam on the first attempt.

    Since 2009, Mirchawala has been educating and empowering ACCA aspirants worldwide and has helped them to ensure successful, long-term careers. With over 225+ positions worldwide and nationwide, Mirchawala Institute continues to support learners at every step, helping them reach their full potential 

    Mirchawala is the perfect platform for ACCA aspirants looking for online ACCA coaching. Mirchawala LMS is an all-in-one solution for students to learn at their own pace, learn in live classes, and access study materials in a few clicks. Since the platform enables learners to study from their homes, it removes the restriction of geographic location and lets you plan your ACCA learning journey at your own pace. Additionally, Mirchawala offers the ACCA mock exams and previous paper practice to shape every student into the ideal candidate.

    Stay tuned to explore more about our institute and how you can pass ACCA on the first attempt with Mirchawala’s expert coaching! 

    A Proven Track Record of Success: Remarkable Result and Positions 

    Mirchawala is committed to delivering excellence in ACCA coaching—we do not just state this. Numerous students have passed their ACCA exam on the first attempt with Mirchawala’s expert coaching. We also take pride in our continuously high pass rate.  

    One of our students, Sameer Ahmed, has achieved a notable 2nd position in the world for the FM paper in the ACCA December 2024 session. 

    This achievement showcases the expertise, excellence, and efforts of the student and our expert tutor, Ahmed Shafi. 

    You can also check our ACCA Top Scorers for the December 2024 Attempt!

    This outstanding result is not just a coincidence; instead, it is evidence of the success of our finally planned curriculum, the commitment of our Mirchawala tutors, and the encouraging atmosphere we create in the classroom.  Imagine the confidence boost that comes from being surrounded by a group of people who have a track record of helping students succeed on exams.

    Expert Team of Tutors: Bring 20+ Years of Average Experience 

    The ACCA tutors at Mirchawala are more than just a group of skilled experts; they are dedicated guides and seasoned advisors committed to your success. 

    They are well-versed in the ACCA syllabus and have pertinent credentials, which ensure a thorough understanding of every subject. Before starting their teaching journey, all these teachers have walked the walk; they bring valuable real-world insights into the classroom. Their experience and industry knowledge help in bridging the gap between theoretical knowledge and its application in the professional world.

    One of the primary reasons why Mirchawala tutors stand out is that they have mastered the art of simplifying difficult financial concepts and making them plain and easily understood by students. Because of the teaching style, students remain inspired and actively engaged in the learning process. 

    Because of their own experience, our ACCA tutors understand that earning an ACCA certification requires more than just passing tests. Hence, they also act as mentors and guide aspirations throughout their journey, addressing their concerns. Explore the journeys and experiences of our expert tutors on the faculty page. 

    Comprehensive ACCA Syllabus with Hands-on Experience 

    Mirchawala students have achieved ACCA top positions several times. Apart from our tutors, the comprehensive syllabus has also played a crucial. The ACCA course offered by Mirchawala covers every topic in detail, ensuring that our students are ready for every exam. 

    In all the ACCA papers,  the course material is explained in an easy-to-understand way. It provides a complete understanding of subjects and gradually expands on your existing knowledge. Our teachers give their best to make students understand every topic and take you from the basic knowledge to the advanced skills. 

    We give equal focus to practicality with theory. To help students grasp how theoretical knowledge translates to real-world applications, they incorporate case studies, real-world scenarios, and practical examples into the classes. Understanding the importance of exam-focused preparation, we provide practice questions, mock examinations, and exam-style revision strategies to make students ready to excel in their ACCA exam on the first attempt. 

    We come up with an overall strategy to ensure our learners acquire a thorough understanding of the material with the practical knowledge required for a successful career in the finance landscape. 

    Mock Exams and Performance Analysis for Robust Preparation

    Being in the industry for so long, we understand that when pursuing an ACCA career, exam preparation is one of the most important parts of the ACCA journey. Hence, instead of just offering exam material, we make you to equip you with the skills and techniques you need to succeed in the ACCA exam. 

    The ACCA mock exam from Mirchawala closely presents the structure and format of the actual ACCA exams. This enables you to evaluate your strengths, replicate the exam setting, and pinpoint areas that you should be more focused on. 

    Explore the ACCA mock exams to ensure your success in the upcoming exam. 

    We provide a thorough performance analysis that identifies your weak and strong points. Our ACCA tutors at Mirchawala guide students to create personalized study plans to address their areas of weakness and make sure learners are prepared for the exam. 

    We increase your chances of passing the ACCA examinations by turning you from a passive learner into a successful ACCA professional through our complete training journey. 

    ACCA Platinum Approved Learning Partner

    We take pride in saying that Mirchawala is an ACCA Platinum Approved Learning Partner. Our institute has created a distinctive stance in the industry by offering excellent and tailored ACCA courses.  Learning ACCA from a platinum-approved partner makes you feel confident that you will receive top-notch guidance in the course and support in a perfect learning environment. 

    If you are still not sure if you can pass ACCA on the first attempt with Mirchawala’s expert coaching, check our previous students’ feedback here: students feedback. Armed with the knowledge and credentials that ACCA certifications provide, you will be all set for a rewarding career in finance and accounting at Mirchawala. Our expert tutors will ensure that your preparation is not just rigorous but also strategically designed for success. You can enroll in our online courses for ACCA and learn under the guidance of our expert tutors. We are dedicated to providing more students with high-quality commerce education. 

    Bottom Line 

    You should consider all the major factors and evaluate your needs, preferences, and financial situation before choosing your ACCA coaching provider.  Mirchawala is committed to helping you at every stage of your career journey with our extensive curriculum, knowledgeable instructors, and individualized support.  A strong learning atmosphere is created by our unique blend of credentials and commitment, where you can acquire not just theoretical knowledge but also practical skills and the self-assurance to handle real-world financial situations. Start your path to a more promising financial profession by enrolling today. Contact us now to know more!

    Frequently Asked Questions (FAQs)

    Q: What distinguishes Mirchawala from other leading ACCA institutes?

    Ans: Mirchawala provides flexibility and engaging learning through a combination of live online and in-person classes. The institution also has a friendly learning atmosphere and state-of-the-art facilities.

    Q: Can I pass ACCA on the first attempt with Mirchawala?

    Ans: Of course! With some dedicated work, you can qualify for the ACCA exam on your first attempt. Many students have achieved top rankings and high pass rates, highlighting Mirchawala’s successful track record. 

    Q: How did Mirchawala make it possible to clear ACCA on the first attempt?

    Ans: Regular mock tests, in-depth analyses, and individualized feedback sessions are all conducted by expert ACCA tutors at Mirchawala to make sure students are ready to qualify for their ACCA exam.

    Q: Is Mirchawala offering online classes?

    Ans: Yes, Mirchawala provides online classes globally (India, UAE, UK, Pakistan, Malaysia, etc.), offering a flexible and interactive learning experience. Experienced instructors ensure high-quality education no matter where you are.

    Q: What kind of study materials does Mirchawala offer?

    Ans: Mirchawala strives to always offer extensive study materials, which include practice tests, in-depth study guides, and access to recorded video lectures that enable students to easily understand even the most complicated concepts.  Check our ACCA YouTube videos. 

    That’s for now. Often visit our website to read such insightful content. 

    Have an enjoyable read!

  • 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 ACCA Course in 2025
    • Step-wise process to obtain 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 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 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 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 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 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 the 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 may 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 regions. 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 especially 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. 

  • 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.

    Mirchawala's Hub of Accountancy CALL TO ACTION

    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.

  • Mastering ACCA Subjects in the UAE

    Mastering ACCA Subjects in the UAE

    Mastering ACCA Subjects in the UAE: Tips, Career Opportunities, and Benefits

    The ACCA (Association of Chartered Certified Accountants) qualification is a well-recognized qualification that serves as a springboard for a prosperous career in the financial industry and is more than simply a certificate. 

    The realistic and practical curriculum of ACCA provides students with the relevant skills needed to succeed in real-world situations. Given that the United Arab Emirates is gradually positioning itself as a dynamic financial hub and one of the best destinations to pursue ACCA.

    Thus, if you are one of those willing to start your ACCA journey, it is important to know the ACCA subjects in the UAE first to have a clear idea about the ACCA syllabus.

    The following article sheds light on the ACCA subjects, tips for excelling in the ACCA subjects, along diverse career opportunities that come along after the completion of the prestigious ACCA course in the UAE.

    Overview of ACCA Subjects in the UAE

    The objective of the ACCA syllabus is to ensure that students acquire extensive understanding and proficiency in various aspects of business, such as accounting, taxation, auditing, or business law.

    Following is the list of ACCA subjects in the UAE, divided into three primary tiers of the overall ACCA course:

    1. Applied Knowledge

    This is the foundational level that familiarizes students with key concepts in accounting and business. It includes:

    • Business and Technology (BT): This relates to studying business structures and the accounting part
    • Performance Management (PM): Teaches advanced costing techniques and performance analysis.
    • Management Accounting (MA): Includes key costing methodologies and decision-making concepts.

    Financial Accounting (FA): The fundamentals of financial reporting and recordkeeping.

          2. Applied Skills

    This level emphasizes technical and professional abilities while expanding upon fundamental knowledge.

    • Corporate and Business Law (LW): Covers essential legal principles related to business operations.
    • Performance Management (PM): Teaches advanced costing techniques and performance analysis.
    • Taxation (TX): Provides insights into taxation laws, particularly applicable in the UAE’s VAT framework.
    • Financial Reporting (FR): Explores international financial reporting standards (IFRS).
    • Audit and Assurance (AA): Focuses on audit principles and practices.
    • Financial Management (FM): Mainly focuses on financial forecasting and credit management

    3. Strategic Professional

    This is the final level that cultivates the specific professional skills required for leadership roles:

    • Strategic Business Leader (SBL): Uses integrated case studies to evaluate strategic thinking.
    • Strategic Business Reporting (SBR): SBR is centered on ethical and intricate financial reporting.
    • Options (choose any two):
      • Advanced Financial Management (AFM)
      • Advanced Performance Management (APM)
      • Advanced Taxation (ATX)
      • Advanced Audit and Assurance (AAA)

    Tips for Excelling in ACCA Subjects in the UAE

    Below are some tips that will help you excel.

    • Set a Clear Schedule: Plan your studies around your personal and professional commitments.
    • Use Official Resources: Make use of study guides and practice kits that have been authorized by ACCA.
    • Join Study Groups: Work together with other students to tackle complex questions and share knowledge.
    • Practice Time Management: Revision of past papers and appearing for mock exams to evaluate where you are academically standing, which will help to identify the areas of improvement.
    • Seek Professional Guidance: For organized mentoring and advice, sign up with an ACCA learning provider or enroll in the best ACCA institutes in the UAE, offering top-notch ACCA learning institute like Mirchawala’s Hub of Accountancy.

    Career Opportunities After Passing ACCA Subjects in the UAE
    After passing ACCA subjects in the UAE, one would experience the doors of numerous opportunities opening up, some of which include:

    • Auditor: Ensuring financial compliance and accuracy.
    • Tax Consultant: Advising on VAT and other tax-related matters.
    • Financial Analyst: Evaluating financial data to guide strategic decisions.
    • Chief Financial Officer (CFO): Leading financial strategies for corporations.

    With the UAE’s focus on attracting global businesses, ACCA-certified professionals are in high demand.

    Why is studying the ACCA course in the UAE an excellent choice?

    The UAE is renowned for its vibrant economy, thriving financial sector, and strong demand for skilled accountants. Here are some reasons why studying ACCA in the UAE is an excellent choice:

    • Global Recognition: The ACCA qualification is respected in over 180 countries, and the UAE’s international business landscape values this accreditation.
    • Career Opportunities: With a booming economy, the UAE offers lucrative roles in auditing, taxation, and financial consultancy, along with many others.
    • Flexible Learning Options: There are several recognized educational institutions in the UAE that provide both online and in-person ACCA courses in the UAE.

    Key Highlights of ACCA Learning in the UAE

    • Flexible Study Options: Both online and in-person options are available, which means one can study ACCA subjects in the UAE online and in person.
    • Experienced Tutors: Certified tutors, especially those with work experience, are some of the key learning providers of the ACCA course in the UAE.
    • Supportive Learning Environment: Numerous educational establishments in the UAE provide extensive resources, such as practice tests, study groups, and personalized guidance.

    Conclusion

    Studying ACCA subjects in the UAE is one of the most exciting experiences that provides you with the knowledge and skills needed in the financial sector. Career opportunities in auditing, taxation, and financial management are just matters of choice after passing the ACCA qualification. With dedication and the right resources, you can achieve your goals and thrive in the UAE’s dynamic market.

    By mastering the ACCA subjects in the UAE, you can not only position yourself for success but also contribute to the ever-evolving financial sector in this global hub. Start your journey today and unlock a world of opportunities.

    Happy learning!

    Frequently Asked Questions (FAQs)

    Q: What are the ACCA subjects in the UAE?

    Ans: The ACCA curriculum is divided into three levels: applied knowledge, applied skills, and strategic professional, covering a total of 13 subjects.

    Q: How long does it take to complete ACCA in the UAE?

    Ans: It takes most students 3–4 years to complete, depending on the pace at which students study along with their prior qualifications.

    Q: Are there ACCA learning providers in the UAE?

    Ans: Yes, several accredited institutions like Mirchawala’s Hub of Accountancy are offering flexible study options and expert guidance throughout the ACCA journey. That helps students pass their ACCA exams on the first attempt.

  • ACCA Top Scorers for December 2024 Attempt 

    ACCA Top Scorers for December 2024 Attempt 

    ACCA Exam Results Out! Meet Our ACCA Top Scorers for December 2024 Attempt 

    Finally, the ACCA exam result 2024 (December) is out! A big congratulations to all the students, especially the top scorers. Your hard work and determination have paid off! The entire Mirchawala team is proud to be a part of your success story. 

    ACCA (Association of Chartered Certified Accountants) has just released the ACCA exam results and scores for the December 2024 exam session. For the December sitting, 113,910 students registered, and 130,898 exams were finished. In total, 4734 students finished their final exams and became ACCA Affiliates.  Thanks to the guidance of our expert tutors and their expertise, aspirations from across the world increasingly choose Mirchawala and always excel in their exams. Mirchawala would like to sincerely congratulate all of the students who completed their exam in this attempt. 

    We are pleasantly sharing here our top ACCA scores from different nations that placed first in the December 2024 ACCA examinations in accounting, auditing, and finance.

    Meet Our Top ACCA Scorers 

    Students Guided by Owais Mirchawala

    • Sohaib Khan (BT top scorer): 77 marks
    • M. Abdul Hai (LW Top Scorer): 82 marks
    • Shakeeb Ur Rehman (BT top scorer): 73 marks
    • M. Kareem Uddin (AAA Top Scorer): 68 marks
    • Shamsh Uddin (ATX top scorer): 82 marks
    • Ahmed (AAA Top Scorer): 67 marks

    Students Guided by Mustafa Mirchawala

    • Zeeshan (TX Top Scorer): 97 marks
    • Abdul Mujeeb (TX Top Scorer): 95 marks
    • Anup (TX top scorer): 86 marks
    • Moeed (FR Top Scorer): 87 marks
    • M. Hasnat (FR Top Scorer): 86 marks
    • Ahmad Siyal (FR Top Scorer): 86 marks

    Students Guided by Ahmad Shafi

    • Ali Murshid (PM top scorer): 78 marks
    • Warisha (PM Top Scorer): 76 marks
    • Ammar (PM Top scorer): 76 marks
    • Kanza Batool (AFM Top scorer): 70 marks
    • Talha Khan (AFM Top Scorer): 73 marks
    • Abdul Wahab (AA topscorer): 72 marks

    Students Guided by Shaikh Abdul Basit

    • Mussab (SBL top scorer): 73 marks
    • Shruti SBL Top scorer) 73 marks
    • Zainab (SBL Top Scorer): 67 marks
    • Aneeq (PM Top scorer): 68 marks
    • Sarah (PM top scorer): 63 marks
    • Anas (APM Top Scorer): 66 marks

    With these impressive results, which demonstrate our tutors’ top-notch guidance and commitment to our students, we’ve gotten off to a great beginning in the new year.

    The ACCA exam focuses on assessing the fundamental information, talents, and skills needed by contemporary accountants, standing firmly on its foundation of professionalism and ethics. It prepares students for rewarding careers as knowledgeable and morally upright financial professionals. To the bright brains who aced the ACCA examinations in December 2024, well done, and keep moving towards your goals. 

    We also want to congratulate all the students who have successfully finished all of their exams and will be promoted to affiliate status. When they join the more than 250,000 dedicated ACCA members worldwide who are pursuing prosperous careers and having a good influence, will be excited to join them. Further,  the thriving accounting and financial industry is looking forward to welcoming them as future industry leaders.

    Quick Tips from Top ACCA Scorers 

    This was a complete overview of our top ACCA scorers in the December 2024 session. To those who could not qualify for the exam this session, do not worry. The journey does not end here but a new path toward improvement and growth opens.  To assist you on your path, we have included some of the best tips from ACCA toppers. 

    • While perseverance and hard work are important, remember to take care of yourself as well. 
    • Be in the company of a strong support system, mentors who can aid you along the way, or an organization like Mirchawala. It is a top ACCA institute with globally renowned tutors who help you from the admissions consultation until you qualify for your exam.
    • There are obstacles in the way of becoming an ACCA topper, but you can overcome them with commitment and astute planning. 

    We tried to cover as many points as possible besides providing our ACCA top scorers. Let us know if you need any more doubt. We will be glad to help you!

    Frequently Asked Questions (FAQs)

    Q: How can I check my ACCA exam results?

    Ans: You can easily check your ACCA  result with the following easy steps:

    • Visit the ACCA website 
    • open myACCA account 
    • Click on the “Exam Results” section 
    • The Result will be visible 

    Q: What should I do if I fail an exam?

    Ans: Check your performance report, consider scheduling a retake, and consider the examiner’s comments if you fail an exam. To help you get ready for your next attempt, ACCA offers several such support services, so use them smartly.

    Q: How long do I have to access my results?

    Ans: You can always view your results on your myACCA account. For your records, it is advised that you download and keep a copy.

    Q: What do the different pass marks mean?

    Ans: A score of 50 indicates a pass in the ACCA’s rigorous marking system. Every exam component is given a thorough performance analysis.

    Q: Can I request a review of my exam?

    Ans: Yes, ACCA provides an administrative review service in case you think your results might be inaccurate. After the results are released, there is a deadline for requesting this service.

    Q: Which institute is best for scoring high in the ACCA exam?

    Ans: While the list of ACCA institutes is very long, Mirchawala has created a notable impact in the market because of its unique teaching approach, expert tutors, and top-notch facilities. The latest scorers perfectly testify to Mirchawala’s excellence. 

  • ACCA Career in the UAE

    ACCA Career in the UAE

    The Definitive Guide to Starting an ACCA Career in the UAE

    Blog Structure 

    • Introduction 
    • Industry Insight: Market Demand 
    • ACCA Basic Details and Syllabus Overview 
    • Eligibility Criteria 
    • ACCA Duration 
    • Step-wise Process to ACCA Qualification 
    • ACCA Career Opportunities 
    • Best ACCA Jobs in UAE
    • Salary Insights 
    • Tips/Mirchawala Promotion 
    • Conclusion 

    INTRODUCTION

    Are you a finance aspirant and looking for a career guide? Or you are wondering how to secure your future in accounting? This blog is a savior for you.  Explore through this complete guide on starting an ACCA career in the UAE to ensure a lucrative and fulfilling career in accounting, finance, and company management.

    ACCA certification opens a door of opportunities for aspirants: global recognition, flexibility, and a variety of job options across industries.  It helps you gain proficiency in auditing, taxation, and leadership, as well as financial management, and provides you with the tools you need to succeed in today’s progressive world.

    As the finance profession’s code of conduct, regulations, and laws become more stringent, the demand for financial professionals with high levels of competence and ethics is increasingly going high. Hence, ACCA-qualified professionals are becoming more and more important to clients and potential employers.

    Before choosing to enroll in this specific course, it is important to understand the opportunities and options that may arise. Hence, in the next section, we will discuss the importance and latest insights on ACCA. 

    Is ACCA Worth It? Significance and Industry Insights 

    ACCA is one of the most prominent and well-known course in the world. You get access to great ACCA career opportunities all over the world as an ACCA member. Because there is so much freedom, ACCA is not that hard. The course can be finished at your own pace.

    The need for accountants is growing daily. This suggests that opportunities for becoming a chartered accountant, or a global chartered accountant, are also increasing. Data says that the need for certified public accountants has increased by 37%. Several multinational corporations, such as the Big Four consulting firms, employ Chartered Certified Accountants with alluring benefits packages for consulting, finance, and taxation. You can also think of starting your own business after ACCA and offering consulting services.

    If you are still not sure about your decision to choose ACCA, check this article on – Is ACCA worth it? Find the Actual Answer with Key Advantages & Disadvantages 

    Now, you have clarity on the benefits of pursuing a career in ACCA. In the next section, we will cover the fundamentals of ACCA and the syllabus, followed by the ACCA course duration.

    ACCA Basic Details and Syllabus

    ACCA (Association of Chartered Certified Accountants) is the premier organization for professional accountants worldwide. ACCA is the biggest and most well-liked credential that equips you with the leadership, ethical, and technical abilities required to succeed in the financial industry. The aspirants need to qualify for 14 papers, a professional ethics module, and professional objectives spanning three years of work experience to pass the ACCA. The four sections of the 14 exams are as follows:

    • Applied Knowledge
    • Accountant in Business (AB)
    • Management Accounting (MA)
    • Financial Accounting (FA)
    • Applied Skills
    • Corporate and Business Law (LW)
    • Performance Management (PM)
    • Taxation (TX)
    • Financial reporting (FR)
    • Audit and Assurance (AA)
    • Financial Management (FM)

    While the details have been crafted with all the new updates. Still, for an in-depth overview, check: ACCA Syllabus Changes 2024: A Complete Study Guide on the Latest ACCA Syllabus.

    You may be excluded from some or all of the fundamental papers, depending on your current level of education, and you can begin working on the professional papers right away. 

    • Strategic Professional
    • Strategic Business Reporting (SBR)
    • Strategic Business Leader (SBL)
    • Advanced Financial Management (AFM)
    • Advanced Performance Management (APM)
    • Advanced Taxation (ATX)
    • Advanced Audit and Assurance (AAA)
    • Professional Ethics Module

    To receive the ACCA certification, you must complete the Professional Ethics Module. After finishing papers F1, F2, and F3 in Fundamentals Knowledge, you can take it whenever you like. The module now takes about 20 hours. 

    Requirement for Professional Experience

    You need three years of professional experience to become an ACCA-chartered accountant. During this period, you must accomplish four or more Options performance objectives in addition to nine Essentials. These goals help you apply your technical knowledge by connecting to various topics in the ACCA syllabus. 

    To learn more about practical experience requirements, read this blog: What Is PER In ACCA? How To Complete Your PER?

    ACCA Course Duration

    Many students could get qualified in about three or four years if they study for the ACCA while working. It will take longer if you choose to enroll in full-time classes before fulfilling your professional experience requirement. Before this modification, you had to finish the ACCA certificate within ten years. After completing your first professional-level exam, you have seven years to complete the ACCA. The Fundamentals papers can be finished at any time.

    Any passes you have earned thus far are void, and you will need to retake them to obtain the ACCA qualification if you fail all of your professional papers within seven years.  To help you better grasp the topic, check: ACCA Degree Duration.  Hopefully, now that you are clear on ACCA, how many years to complete? 

    The following information explains eligibility, the step-wise process to obtain ACCA certification, and the best ACCA career options.

    Eligibility Criteria for ACCA 

    Candidates must fulfill the eligibility requirements listed below to pursue the ACCA qualification. 

    • Educational Requirements: Candidates usually need three GCSEs (or comparable qualifications) in five disciplines, including English and mathematics, and at least two A-levels. ACCA does, however, provide exemptions for specific credentials, such as accounting degrees or similar degrees, which may exempt various ACCA exams.
    • English Proficiency: ACCA exams are administered in English; thus, unless they have finished their schooling in the language, candidates must show that they are proficient in it using accredited assessments such as the TOEFL or IELTS.
    • Age Requirement: ACCA is open to people at all stages of their professions because there is no minimum or maximum age requirement to enroll.
    • ACCA registration: After fulfilling the requirements for eligibility, applicants can sign up as ACCA students and start the process of becoming qualified.
    • Exemptions: You might qualify for exemptions from some ACCA exams based on your previous educational background. 

    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 the 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 may 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 regions. Now, let’s explore the best career options after the ACCA course. 

    Best ACCA Career Options: What Jobs Can You Do After ACCA?

    Globally, the ACCA credential is accepted and acknowledged. Your career will soar when you become a chartered accountant. Here are a few significant career opportunities:

    • Finance Accountant 

    As a financial accountant, your duties will include monitoring budgets, making sure regulations are followed, and creating financial statements. Senior roles like Chief Financial Officer (CFO) or Financial Controller may follow from this function.

    • The Internal or External auditor

    An auditor guarantees the accuracy of financial accounts and the efficacy of internal controls. With prospects to advance to positions like manager or partner in an accounting firm, you can specialize as an internal or external auditor.

    • Accountant for Management

    Forecasting, budgeting, and assisting with strategic decision-making are the main responsibilities of management accountants. This position is essential for boosting company performance and offers prospects for advancement into positions like director or finance manager.

    Explore more ACCA job options in the UAE: 10 Best Jobs in Dubai for ACCA Qualified Professionals.

    ACCA Salary in the UAE: Expected Pay

    An ACCA professional’s pay might vary greatly depending on several criteria, including work function, industry, location, and experience. However, because of their experience and widespread recognition, ACCA experts earn competitive wages. 

    For instance, entry-level ACCA practitioners in the UAE can anticipate making between AED 120,000 and AED 150,000 annually. In contrast, ACCA members with years of experience may make between AED 180,000 and AED 240,000 or more depending on their seniority and area of expertise. 

    Bottom Line 

    Starting an ACCA career is not a piece of cake, but you can transform your prospects in the global market by earning the ACCA certificate if you set your goals, put in the necessary effort, and acquire the required tools. The ACCA qualification is the key to the future, whether you are a recent graduate just beginning your career or an experienced professional hoping to advance in your field. 

    Begin your ACCA adventure now. Mirchawala’s Hub of Accountancy is there to help empower you and educate you through the journey. To know more about our courses and support, contact us NOW! 

  • ACCA Exams in UAE

    ACCA Exams in UAE

    A Detailed Guide to ACCA Exams—Achieve Your Career Goals in UAE

    This is your comprehensive guide to the ACCA Exams in the UAE. It provides a detailed overview of the process, ACCA exam fees, important dates, exam schedules, and more. So keep scrolling if you are an ACCA aspirant! 

    Blog Structure

    • Introduction
    • The Primary Objective of ACCA 
    • ACCA Exam Format 
    • ACCA Fee Structure
    • ACCA Exam Dates and Schedule 
    • Bottom Line
    • Frequently Asked Questions (FAQs)

    Introduction 

    The ACCA exams is designed to be difficult. This is the key reason that makes this qualification so esteemed. Employers from across the world value the diligence and commitment students like you do to obtain this credential.

    The ACCA certification in the UAE is highly respected and provides students with a strong foundation in management and financial accounting. As a result, businesses in the region greatly value individuals who possess the ACCA certificate. Many of the biggest companies in the United Arab Emirates actively hire ACCA-qualified professionals. 

    If you have decided to pursue your ACCA career in the UAE, you should have an understanding of the ACCA subjects, exam structure, and format. This article will help you take your initial step, the first step, and bring every detail you should know about the ACCA exam. 

    The Primary Objective of the ACCA Exam 

    The ACCA exam is a challenging assessment that checks accounting and financial knowledge and abilities. It aims to evaluate the skills of applicants expecting to earn an ACCA qualification and work as professional accountants. 

    Next, we will explore the ACCA exam’s format and structure, the types of questions asked in the exam, and the significance of time management during the test.

    The ACCA Exam Format and Structure

    Every ACCA exam paper is designed to test your learning and the ability to use your knowledge in real-world scenarios.

    Different Levels

    ACCA Exam Papers

    Overview

    Applied Knowledge Level
    • Business and Technology (BT)
    • Management Accounting (MA), 
    • Financial Accounting (FA)
    		 These ACCA exam papers build the foundation and check the candidates’ basic financial and business principles knowledge.

    Applied Skills Level
    • Corporate and Business Law (LW), 
    • Performance Management (PM), 
    • Taxation (TX), 
    • Financial Reporting (FR), 
    • Audit and Assurance (AA), 
    • Financial Management (FM)
    		 These are more complex exams, that check deeper knowledge and skills in analyzing and interpreting information.

    Strategic Professional Level
    • Strategic Business Leader (SBL), 
    • Strategic Business Reporting (SBR) 
    		 These are the most advanced exams in ACCA. 

     

    Apart from the above papers, aspirants need to choose any of the two papers out of the four optional papers:

    • Advanced Financial Management (AFM), 
    • Advanced Performance Management (APM), 
    • Advanced Taxation (ATX), 
    • Advanced Audit and Assurance (AAA) 

    So, these are the 13 ACCA exam papers you need to qualify to become an ACCA-qualified professional. You can get exemptions based on your previous qualifications and experience. 

    This was the complete ACCA exam format and structure. Now, we will move to learn about the ACCA fee in the UAE. 

    ACCA Fee Structure: Total ACCA Cost 

    The cost of earning an ACCA qualification varies according to your academic level. Here, we have discussed the exact ACCA fee structure with a thorough explanation of the costs associated with each module or learning cycle, ranging from the Fundamental to the Advanced levels.

    All students, regardless of their educational background or institution, must pay these fees to ACCA. Students must pay ACCA three different kinds of fees.

    • Initial registration: The initial ACCA registration cost must be paid by each student who joins ACCA. At the moment, this cost is £89. Before you register for your first ACCA exams, you must pay this cost.
    • Exam fee: You must pay an exam fee to register for an ACCA exam anytime you wish to take one. Depending on the exam or exams you choose to administer, as well as when and how you wish to appear for them, this cost varies.

    Exam fees for ACCA students in the United Arab Emirates are now as follows:

    • Knowledge-level tests cost £86 each.  Exams at the skills level cost £114 each.
    • Exams at the professional level cost £266 each.

    Some students choose to take knowledge-level examinations at their particular institutions; in this instance, the exam fee will be determined by the institution. It often falls between AED 600 and 800. 

    Annual subscription:

    Each ACCA student must pay an annual subscription fee in addition to the original registration and exam fees. For 2025, ACCA students in the United Arab Emirates will pay an annual subscription ACCA fee of £122.

    Students may be asked to pay additional fees, such as re-registration fees or exemption fees, in certain extraordinary situations. Since these fees are infrequent, they are not covered here. 

    This section provided a glance at important fees every student has to pay to take the ACCA exams in the UAE. If you are planning to move India to pursue your ACCA career, do not forget to check the ACCA fee structure in India.  After you are clear on ACCA exam fees, now let’s check the ACCA exam dates and schedules. 

    ACCA Exam Dates for March 2025 

    Keeping track of the 2025 ACCA exam dates for smart learning and the right learning approach. In this section, we will check the ACCA paper dates, exam entry deadlines, and particular ACCA test dates for March 2025. You can prepare ahead of time and prevent missing any important deadlines by adhering to the ACCA exam timetable and frequently consulting the ACCA exam calendar.

    ACCA March Exam Dates: 3rd – 7th March 2025

    ACCA exam dates 2025

    The ACCA exam results for March will be announced on April 14th, 2025. If you wish to learn more about exam schedules, check this guide: ACCA exam dates 2025.

    Looking for ACCA Online Courses in the UAE? 

    If you wish to become a certified accountant and pursue your career in the same, enrolling in a reputed institute like Mirchawala can help you achieve your career goal. A crucial component of the learning process, the expert ACCA tutors at Mirchawala will assist you in qualifying for the exam.

    The ACCA course in the UAE is well accepted and will provide you with numerous career opportunities in the accounting field. With the right guidance, you can ask any questions you may have regarding the exam or the accounting field and receive professional support.

    To increase your chances, read the ACCA-focused articles to boost your knowledge in addition to the coaching.

    This was a detailed overview of the ACCA exams. Do you still have doubts or questions? Check out our commonly asked questions below. 

    Frequently Asked Questions (FAQs) 

    Q: Is ACCA in demand in the UAE?

    Ans: The need for people with ACCA qualifications is continuously increasing as more and more global companies establish regional headquarters in the UAE. After earning your ACCA certification, you can work in the UAE and earn a competitive wage as a skilled finance expert. 

    Q: What is the structure of the ACCA exams?

    Ans: The three levels of the ACCA exams are knowledge-level papers, skill-level papers, and professional-level papers. Every ACCA exam level in the ACCA exam structure assesses the candidate’s comprehension and practical application of the acquired knowledge.

    Q: Which country pays ACCA’s highest salary?

    Ans: ACCA practitioners in nations like the UK, Canada, and UAE can command far higher ACCA salaries. Get a better understanding of  ACCA salary with this guide on ACCA salary worldwide. 

    Q: Where can I do an online ACCA course in the UAE?

    Ans: The ACCA training programs at Mirchawala are designed to meet every one of the demanding ACCA qualifying standards. The online ACCA course sessions are tailored to accommodate both working professionals and students.

    Q: What is the F5 exam in ACCA?

    Ans: Section A and Section B are the two sections that make up Paper F5. Candidates need to choose the right BAQWE from a list of four options for each of the 20 objective test questions in Section A. Both narrative and calculative questions are possible, and each one will be worth two marks.

    Thanks for scrolling to the end. Hopefully, you have found this article interesting and helpful. Do share your valuable feedback in the comment below. 

    Happy Reading! 

  • How to Pass ACCA Exams in Maldives: Expert Tips

    How to Pass ACCA Exams in Maldives: Expert Tips

    Overview:

    Accounting and finance certification in Maldives is the combination of exams, ethics, and professional gains. Students must pass all the exams to obtain the ACCA(Association of Certified Chartered Accountants) certification. Exams are one way to test student abilities, but for this  they necessitate enough preparations to show their potential. ACCA exams strategy, the only way to sit confidently in an exam and ease the way to success. Below are 8 tips you can incorporate into your study routine to pass the ACCA exams in Maldives.

    Set Up Study Space

    To study proficiently, it is important to set up a proper study space. You do not need much space, but a decent, comfortable place is a good one to start your study. Below are a few markers that you should follow to keep your study area organized. 

    • Good Lighting 

    To avoid eye strain you must have a good light on your study place. Adequate light keeps the headache away while studying.

    • Quiet Space

    To avoid distractions use a quiet area or corner of home or library. The least noises keep you more focused on your books. 

    • Declutter Things 

    Organize the study space, clean it, and arrange all your books and notes according to your wish.

    • Keep a Clock 

    Keep a clock with you to track the timings, in this way, you can easily keep track of how many hours you specified to your study. 

    • Keep Gadgets Mute 

    Social media is the biggest distraction these days. Keep your phone in airplane mode to keep that buzzing sound of notifications away..

    Organize Your Day and Week

    Passing ACCA exams globally, tips include planning  your day and weeks so you have plenty of time for revisions, assessments, and learning. Planning your days effectively aids much in seeing how much you have prepared and how many syllables are left. See how much you progress and study at the end of the week.

    Write Notes Instead of Typing Them

    Studies show that writing helps in retaining information better than typing. Try to type notes with your hands instead of taking them on a laptop or PC. By writing you can engage more parts of your brain and notes help you to advance your learning process and create a better understanding of the topic.

    Read, Recite, and Review

    Use the three R’s strategy for effective learning:

    Read: Read the study materials carefully.

    Recite: Read the facts aloud to guarantee understanding.

    Review: Refer to your notes regularly to reinforce the material.

    Learn More by Testing Yourself

    For ACCA preparation tips, it cannot be emphasized more to practice each subject to the maximum extent. Test your preparation by taking mock exams or solving questions. Teach yourself the concepts that you think you are lacking. 

    Make the Most of Your Lectures

    Lectures are a treasure of information. Take detailed notes, ask questions, and engage with your instructor in ACCA exams coaching Maldives. If you’re studying online ACCA in Maldives, make the most of recorded lectures by pausing, rewinding, and going over difficult areas.

    Be an Active Reader

    Passive reading is ineffective for difficult topics. Engage with the material by highlighting important points, marking the margins, and summarizing portions in your own words. This active approach improves knowledge and retention.

    Mirchawala's Hub of Accountancy CALL TO ACTION

    Other General Tips 

    Exams can be stressful, but practice mindfulness or other general tips. Here are some other strategies to help you prepare:

    • Stay Healthy

    A healthy mind exists in a healthy body. Make sure you consume good meals, remain hydrated, and get enough sleep. Regular exercise can also help you focus and reduce stress.

    • Join a Study Group

    Collaborate with your peers to share ideas and clear up confusion. Teaching others is an excellent method to strengthen your own knowledge.

    • Seek Help When Needed

    If you’re having trouble understanding a topic, don’t be afraid to seek assistance. Contact your professor, teacher, or fellow students.

    Conclusion

    Planning your time and managing your studies activities help you achieve wins in small amounts of time. ACCA study plan keeps you organized and focused on your studies. For keeping your composure during ACCA exams Maldives follow the tips of notes making, active reading and along with that squeeze best out of your lectures. Moreover, connect with your mentors and peers for any kind of study discussion and help.

    FAQs (Frequently Asked Questions)

    How Much Time Should I Spend Studying Per Week?

    The amount of time you need to study for ACCA exams depends on your knowledge of the subject and your learning style. As a general rule, plan on spending at least 15-20 hours per week studying for each paper. This includes attending lectures, reviewing notes, and practicing questions. Increase your study time as the exam date approaches.

    Should my study approach be different from subject to subject?

    Yes, every subject is different in ACCA so your study approach should reflect this. Understand each subject for ACCA exams Maldives,  and practice numerical problems and tough questions.

    How can I balance ACCA and a full-time job?

    Create a precise ACCA study plan, study timetable, prioritize major topics, and set aside weekends or spare time for revision. Use study tools and recorded lectures to increase flexibility.

    What do I do if I fail an ACCA paper?

    Analyze your weak points, get assistance from teachers or peers, and concentrate on answering past papers and mock tests to improve your preparation technique.