Tag: ACCA in Nepal

  • Success Stories of Nepali Students Who Made it with ACCA.

    Success Stories of Nepali Students Who Made it with ACCA.




    ACCA is a very highly regarded and competent qualification of accounting and finance, hence, cracking such a competent and complex exam is a big deal. It offers a very comprehensive, unique, and internationally accepted qualification of accounting. The global exposure this qualification brings to the table results in greater and better career opportunities. With all the academic and professional privileges, it also has some hurdles. The qualification doesn’t really follow a traditional accounting syllabus but is highly focused on providing diverse theoretical knowledge, its implication in real-life scenarios, and modern technical skills. 

    Students usually find themselves in such academic pressure and distress that are unable to find a ray of hope around them. Nevertheless, giving up should never be an option, many Nepali students have cracked ACCA exams and proved themselves professionally as well. This guide will help you to get through the feeling of discouragement by introducing you with the successful aspirants of ACCA in Nepal.

    Read More Aspiring Finance Professionals in Nepal

    SUCCESS STORIES OF NEPALI STUDENTS:

    Binaya Pandey:

    Binaya Pandey is a successful alumni of ACCA in Nepal, he is a qualified member of ACCA with numerous additional certifications from different institutes. Currently he is offering his exceptional services as a Chartered Accountant at SAR Associates.

    Binaya’s journey is a prime example that with a constant effort to excel and enhance your professional skills you can accomplish your dreams and make your professional profile appealing.

    Elisha Kandel:

    Elisha Kandel is a Nepali ACCA affiliate who is working as a full-time Credit Analyst at Alaya. She has an excellent academic background, Elisha got first position in all Nepal ranking of Advanced Audit and Assurance and third ranking in Advanced Financial Management. 

    Her Academic journey has not come to an end yet, as she continues her professional studies with a Bachelor’s degree in business studies to grow academically and professionally. This continuous learning results in career development or enhancement, therefore, Elisha’s journey of ACCA in Nepal encourages us to stay consistent and avail every opportunity to grow academically.

    Read More ACCA Students in Nepal


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    GROWING POPULARITY OF ACCA IN NEPAL:

    The demand for ACCA in Nepal is increasing with the passage of time as people are getting awareness about the qualification. Students seek a financial qualification that is not only focused on academic aspects only but also provides professional exposure, industry insights, and technical skills. All these demands of aspirants are fulfilled by the ACCA qualification, as it is highly focused on all the above mentioned areas. Other than that, Nepali students prefer qualifications that are not only recognized locally but internationally as well so that career prospects are enhanced. ACCA on the other hand is a globally acknowledged qualification with much better career prospects than other accounting degrees comparatively. Therefore, the trend of ACCA qualification in Nepal is increasing rapidly. 

    KEY REASONS TO CHOOSE ACCA IN NEPAL:

    There are numerous academic and professional reasons to choose ACCA over other accounting degrees in Nepal. However, some of them are mentioned below:

    • Global recognition of the ACCA qualification is ideal for the students who aim to expand their career in finance and accounting internationally. 
    • ACCA in Nepal is quite flexible, it offers personalized study plans, part-time or full-time study options, online-learning, and flexible exam sittings.
    • ACCA offers enhanced career prospects with higher potential salaries and career advancement opportunities both locally as well as internationally.
    • The comprehensive syllabus of ACCA in Nepal offers students a wealth of knowledge in different areas of accounting and finance, enabling them to work under numerous professional roles such as auditor, tax consultant, financial manager, accountant, etc.
    • ACCA membership also demands you to follow Continuous Professional Development (CPD) program that helps you in staying updated about all the industry trends, changes in regulations, etc. This helps you stay relevant and attractive in the ever-evolving job market.

    Read More Auditor Important in Business

    CONCLUSION:

    Starting the academic journey of ACCA in Nepal might be easy, but staying consistent and determined throughout the journey can be a bit challenging. However, if you remain steadfast and loyal to your dream, nothing can stop you from achieving it. The feeling of distress or feeling overwhelming is not wrong, every successful aspirant of ACCA in Nepal might have felt the same as a student. They had the decision to give up or hold on, just like you have at the moment. The ones who decided to hold on and stay consistent are now living their dream, working in prestigious organizations under their hard earned professional title. You have a choice to make that can change your life, choose wisely as you could be the next role model for Nepali students.

    FREQUENTLY ASKED QUESTIONS:

    Q1: What is ACCA? And how can it benefit Nepali students?

    A: ACCA also known as Association of Chartered Certified Accountants is a globally recognized and highly rewarded qualification of accounting and finance. Nepali students of ACCA can avail numerous benefits from the qualification such as professional career opportunities, high-potential salaries, job security, career advancement opportunities, global networking opportunities, flexible learning options, easy accessibility of the qualification, etc.

    Q2: What steps did successful Nepali students of ACCA take to achieve their goals?

    A: Every success story differs from one another, however, some of the common steps taken from successful ACCA Nepali students are: scheduled study plans, enrolling in ACCA-approved institutes, staying consistent, seeking mentorship, gaining practical work experience, etc.

    Q3: How can Nepali students stay motivated during their ACCA journey?

    A: To achieve success in ACCA qualification it is extremely crucial for Nepali students to stay motivated and consistent with their studies. They can set clear goals, break down material in small manageable chunks, and celebrate achieving academic milestones to stay motivated.

    Q4: Can Nepali students easily pursue the ACCA qualification?

    A: Yes, the qualification of ACCA in Nepal is easily accessible as the qualification is recognized globally. The international acknowledgement of ACCA results in numerous online tuition providers and learning platforms for Nepali students.

  • Challenges Faced by ACCA Students in Nepal and their Solutions.

    Challenges Faced by ACCA Students in Nepal and their Solutions.




    However, the ACCA qualification itself is quite flexible, feasible, and well-structured, still, students tend to get stuck in some situations. These challenges commonly take place either because of students’ panicking or ignorant attitudes. Other than that, challenges ACCA students face in Nepal may also include financial obligations, limited personal resources, and uncertainty regarding the structure of ACCA qualification. Today, this blog will help you understand the most commonly faced challenges of ACCA in Nepal and suggest the best possible solutions to them.

    CHALLENGES OF ACCA AND THEIR SOLUTIONS:

    LACK OF AWARENESS AND GUIDANCE:

    Problem:

    The most common challenge faced by students of ACCA in Nepal is a lack of understanding about the structure of qualification, career prospects of ACCA, requirements and obligations of ACCA, etc. The qualification of ACCA doesn’t rely on academic knowledge only, rather it is highly focused on other aspects as well, such as technical skills, regulatory compliances, international accounting standards, ethical and professional modules, CPD, and practical work experience. Understanding all these requirements of ACCA in Nepal can be quite confusing for beginners with no guidance.

    Read More:- ACCA is Shaping the financial industries in Nepal

    Solution:

    It is advised for ACCA aspirants in Nepal to do their research about the qualification before starting their ACCA journey. Having a good understanding of the requirements, obligations, and career prospects of the qualification is very important to align their academic and professional goals, and to create an effective study plan. Students can go for career counseling, and ACCA awareness campaigns, and attend workshops and seminars to get clarity about the qualification.

    FINANCIAL CONSTRAINTS:

    Problem:

    Another significant challenge faced by students of ACCA in Nepal is the cost of the qualification. Looking at the economic condition of Nepal and financial inequality in the region, it won’t be difficult to understand how big the barrier of cost is for the aspirants of ACCA in Nepal. ACCA qualification has several fees attached to it such as registration fee, exams fee, exemption fee, annual subscription fee, and tuition fee. Fulfilling all these financial obligations can be very stressful for the students who are hardly making ends meet.

    Read More:- Career Goals in Nepal

    Solution:

    Education is a right of every individual, and with determination and focus, one can easily overcome any situation. Therefore, in such distressful situations, students should stay calm and start looking for possible financial support such as scholarships, financial aid, employer sponsorships, and discounts on fees.

    UNRELIABLE STUDY MATERIAL:

    Problem:

    Unreliable study material is another issue faced by students of ACCA in Nepal, as there are many online learning providers and resources of ACCA available in the region. It can be difficult for the students to know about each one of them. Many students tend to get trapped by unreliable course providers and face difficulties in effective learning that eventually result in poor academic performance and failure.

    Read More:-  ACCA In-Demand Courses in Nepal

    Solution:

    To avoid any mishap it is very important to know which course provider or resource provider is reliable, students can check if that specific institute is approved and acknowledged by ACCA Global. It is highly recommended to rely on ACCA-approved institutes and resources only. 


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    EXAM STRESS AND TIME MANAGEMENT:

    Problem:

    ACCA exams are considered one of the most competitive exams of accounting and finance because of their diverse and unique syllabus. It is common for aspirants of ACCA in Nepal to be a bit more stressed about their exams as compared to students of other qualifications. Normally, students face many mental and physical health issues during their exams period, which is quite draining. 

    Apart from that, some students face a lot of trouble with effective time management. Time management is very important in ACCA qualification and can affect your overall academic performance.

    Read More:-  Nepal’s Accounting History

    Solution:

    To manage the exam stress of ACCA in Nepal and learn effective time management students can take help from time management workshops to create their study schedules and techniques. They can also go for stress management counseling services that help students to cope with their academic stress. 

    DIFFICULTY IN MANAGING WORK AND STUDY TOGETHER:

    Problem:

    Usually, the students of ACCA in Nepal are working professionals who find it quite challenging to balance work and study together. They fear compromising on either of them and find themselves in a stressful situation. 

    Solution:

    ACCA qualification offers flexible study options for example: part-time studies. This flexibility of part-time learning allows students to manage work and study. Other than that, aspirants of ACCA can also opt for online learning options which allow flexibility, self-paced learning, easy accessibility, and personalized study plans.

    LANGUAGE BARRIERS:

    Problem:

    Students of ACCA in Nepal must be proficient in English since the qualification is entirely based on this language. Students who are not good at English can face many challenges in understanding and comprehending questions and answers while studying.

    Read More:-  ACCA Scholarships for Nepali

    Solution:

    Before registering themselves to ACCA in Nepal, students who face challenges in the English language can join language support programs. Apart from that, peer study groups are another source to clarify, discuss, and get a better understanding of concepts in your native language that you find complex to understand in English.

    CONCLUSION:

    Since the qualification of ACCA is not very common in the region and doesn’t follow the traditional study methods and structure, it leads to many misconceptions among students. These misconceptions or inclarity regarding the qualification later turn into challenges. Therefore, students are advised to stay calm in such situations and get themselves educated about the matter rather than panicking. 

    Usually, the most common challenges faced by students of ACCA in Nepal are financial obligations, language barriers, exam stress, time management, unreliable study materials, lack of awareness and guidance, work-study balance, etc. These challenges can be easily overcome if managed efficiently, hence, it is better to sort all your challenges step by step rather than panicking and losing control over the situation. 

    FREQUENTLY ASKED QUESTIONS:

    Q1: How can students of ACCA in Nepal improve their exam success rate?

    A: To improve the ACCA exam success rate students should stay consistent with their studies, follow a structured study plan, invest in reliable study materials, and practice from past papers.

    Q2: What are the benefits of networking for students of ACCA in Nepal?

    A: By availing of global networking opportunities students can get industry insights, employer interaction, increased career opportunities, global exposure, professional guidance, peer support, etc.

  • ACCA in Nepal: Course Overview, Fees for 2025, and More.

    ACCA in Nepal: Course Overview, Fees for 2025, and More.




    The qualification of ACCA in Nepal is considered one of the most prestigious qualifications in the accounting sector, the qualification is popular amongst the aspirants of accounts and finance. ACCA in Nepal stands out from other accounting degrees and qualifications because of its global recognition, unique syllabus, and modern learning techniques. ACCA in Nepal opens the gateway to many local as well as international career opportunities. 

    ACCA qualification prepares its aspirants for the complexities of the financial world through its unique syllabus and real-world scenario-based education. The students and professionals of ACCA in Nepal are trained with diverse academic knowledge, modern technical skills, and practical work experience. The qualification also focuses on following international accounting standards and ensures compliance with local and international regulations. These factors contribute to making the ACCA qualification stand out above other degrees.

    ABOUT THE QUALIFICATION: ACCA STRUCTURE 

    The trend of ACCA in Nepal is growing with time, although the qualification is popular amongst students but many tend to confuse themselves about the structure of the ACCA syllabus. ACCA in Nepal consists of 13 exams, these exams covers a wide range of accounting and finance topics. These 13 exams of ACCA in Nepal are divided into three levels, given below.

    Applied Knowledge level: 

    This is the fundamental level of ACCA qualification, this level consists of courses covering the basic information of the area of study. This level consists of three ACCA courses/exams, namely, Financial accounting, Management accounting, and Business & Technology. 

    Applied Skills level:

    This level offers a bit deeper knowledge than the previous level and trains you with technical skills. It consists of 6 exams, namely, audit and assurance, corporate and business law, financial reporting, taxation, performance management, and financial management. 

    Strategic Professional level:

    This is the last and most advanced level of ACCA in Nepal, this level is considered the most complex. It consists of 4 exams out of which 2 are mandatory and the other 2 are optional. The mandatory exams are Strategic business reporting and Strategic business leadership. Whereas, the other two are optional and students can choose amongst these courses: advanced financial management, advanced audit and assurance, advanced performance management, and advanced taxation.

    EXAM STRUCTURE:

    The qualification of ACCA in Nepal is quite flexible, students can choose and schedule their study plan. They are not obliged to attempt a predetermined number of exams in a single sitting. Instead, they can take as many courses as they want in a single sitting. ACCA in Nepal takes exams quarterly in a year, in March, June, September, and December. Before making an appearance in any exam students need to register themselves for that exam before the deadline.


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    OTHER REQUIREMENTS OF ACCA IN NEPAL:

    Apart from the academic knowledge and technical skills, ACCA qualification is highly focused on other factors also that students need to fulfill to complete the qualification. These factors are given below:

    • Students of ACCA in Nepal need to complete the ethical and professional modules as well to complete the qualification.
    • ACCA aspirants must complete the required practical work experience, record it, and submit it to ACCA Global.
    • To complete and continue the membership of ACCA, they need to complete their continuous professional development program every year.
    • It is a global qualification of accounting, therefore, aspirants are required to follow international accounting standards such as IFRS.

    STRUCTURE OF ACCA FEES NEPAL:

    ACCA Milestones and Fees

    Milestone Fees Charged by Local Institution (NPR) Fees Charged by ACCA (GBP £)
    College Entry 20,000 –
    ACCA Registration – 45
    Knowledge Foundation 60,000 (Tuition Fees) 363 (Exam Fees)
    Developing Skills 97,500 (Tuition Fees) 207 (Exam Fees)
    EPSM – 75
    Strategic Pro Mastery 60,000 (Tuition Fees) 748 (Exam Fees)
    Annual Membership – 192 (Subscription Fees for first two years)
    Total Investment 237,500 2,230

    The fee structure of ACCA in Nepal consists of registration fees, examination fees, annual subscription fees, exam exemption fees, and tuition fees. Now, all the fees mentioned above are charged by ACCA Global except the tuition fee. The tuition fee for ACCA in Nepal is charged by the tuition provider you have chosen to study ACCA courses from. 

    The registration fee for ACCA in Nepal is a one-time fee charged at the beginning of the qualification to associate you with the official ACCA body. Whereas the examination fee is charged for each exam you attempt, this fee may vary depending on the level of exams you are attempting. Other than that, a subscription fee is charged annually from ACCA affiliates as well as ACCA members to continue their professional and academic status. These so far were the mandatory fees that every student is required to pay. Now, the exam exemption fee is that fee which is paid by specific students only, who have availed exemptions from certain courses.

    All these fees of ACCA in Nepal are paid through the website of ACCA Global, you can also go there to check the updated fee structure of ACCA in Nepal 2025. 

    Website: https://www.accaglobal.com/gb/en.html 

    CONCLUSION:

    ACCA in Nepal is one of the most regarded and rewarded qualifications in accounting, the demand for this qualification is growing in the region because of its unique syllabus, global recognition, flexibility, easy accessibility, and numerous career prospects. ACCA in Nepal concentrates on several areas while training their aspirants such as modern technical skills, diverse academic knowledge, compliance with regulations, international accounting standards, practical work experience, etc. The qualification of ACCA consists of 13 exams that are divided into three levels. 

    ACCA exams take place quarterly every year, which means four exam sittings of ACCA in Nepal yearly. These exams are taken in March, June, September, and December. ACCA fees in Nepal include registration fee, exam fees, annual subscription fees, and exemption fee, these fees are charged by ACCA Global. Whereas, tuition fee of ACCA in Nepal is charged by the tuition provider or institute you have chosen. 

    FREQUENTLY ASKED QUESTIONS:

    Q1: Can I join ACCA in Nepal after completing my graduation?

    A: Yes, you can start your journey at ACCA after graduation. If you have graduated with a degree in business, finance, or accounting, you will be eligible to avail exemptions from certain exams of ACCA.

    Q2: Can I work while studying for ACCA in Nepal?

    A: Yes, ACCA offers very flexible study options, you can choose to become a part-time student of ACCA and manage your professional and personal commitments along with your studies.

  • What is the significance of ACCA in Nepal’s economy?

    What is the significance of ACCA in Nepal’s economy?




    AN OVERVIEW:

    There is a significant importance of ACCA in Nepal, as the professionals of ACCA highly contribute to the stability of the economy. With the technical skills, adherence to global accounting standards, compliance with regulations, and diverse knowledge in all areas of accounting ACCA members play a crucial role in Nepal’s government as well as private sectors. The knowledge and skills ACCA members are equipped with benefit businesses by enhancing accuracy, transparency, financial and risk management, and governance. Effective financial management, adherence to global standards, and efficiency showcased by ACCA members also help attract foreign investments in Nepal, which eventually results in the economic growth of the region. Following are the ways ACCA in Nepal contributes to economic growth:

    PROFESSIONAL ACCOUNTANCY DEVELOPMENT:

    ACCA in Nepal plays an essential role in the development of the country’s financial sector, the main factors contributing to the development of this sector are skilled ACCA members, compliance with global standards and regulations, etc. ACCA members are obliged to take part in CPD (continuous professional development program), which helps them keep up with the industry trends and changes, this skill helps them adopt any innovations made in the sector such as integration of technological advancements in the accounting sector, etc. Staying a step ahead while ensuring integrity, accuracy, and transparency in the financial sector is highly valued in the international market. 

    IMPROVED FINANCIAL MANAGEMENT:

    ACCA Qualification equips its members with advanced and continuous knowledge about all the areas of accounting. ACCA members are not trained to deal with the specific area of accounting, rather they have a wealth of knowledge, including advanced knowledge in areas like financial management, auditing, taxation, performance management, etc. ACCA members can work in several roles such as financial accountant, management accountant, tax consultant, etc. This great span of academic knowledge and technical skills lets professionals improve the financial management of an organization. Mirchawala's Hub of Accountancy CALL TO ACTION

    ATTRACTING FOREIGN INVESTMENTS: 

    Accountability, Transparency, and Integrity showcased by ACCA professionals through their work is commendable. On the other hand, foreign investors and multinational companies look for an economy that has a strong and reliable financial sector. The integrity of these professionals and their technical skills contribute to making their financial sector stronger and hence, attract foreign investors. ACCA in Nepal attracts new investors, businesses, and multinational organizations as they demand professionals who are well-regulated, skilled, and reliable. This increased business market eventually makes Nepal’s economy stronger.

    SUPPORTING ECONOMIC GROWTH:

    ACCA in Nepal plays a vital role in the country’s economic growth and stability, by improving business operations, financial standings, strategic decision-making, corporate governance, and tax compliance. Professionals with expertise and emerging skills also bring business to the country, as international investors and multinational organizations are attracted to countries with strong financial sectors and want to invest there. Apart from that, ACCA professionals also ensure financial integrity and make it a fraud-free economy by ensuring compliance with tax regulations and reporting standards (both local and international). This is how ACCA in Nepal supports the economic growth and stability of the country. 

    JOB CREATION AND EXPORT OF SERVICES:

    As the business landscape of the country expands and the financial sector starts getting more and more stronger, the number of job opportunities also increases. As more job opportunities are created in the financial sector the economic condition starts improving. ACCA members can get work opportunities under numerous roles such as financial accountant, tax consultant, management accountant, etc. Individuals with ACCA qualifications can also avail opportunities to work with multinational enterprises as the qualification is highly valued even in the global market. ACCA in Nepal is steadily making the financial sector stronger resulting in expansion in job opportunities and enhancing the country’s service export sector by international exposure.

    CONCLUSION:

    ACCA in Nepal is considered one of the best qualifications offering a prosperous career, the qualification is highly regarded in the country as Nepal’s economy is steadily improving. ACCA professionals play a vital role in the betterment of the economy of the country with their commendable technical skills, diverse academic knowledge, continuous professional development, strategic decision-making, and most importantly compliance with regulations and international accounting standards. These factors enhance the integrity, transparency, accuracy, and accountability of the financial sector, making the financial and accounting sector stronger which eventually results in economic growth of the country. 

    ACCA-qualified professionals can work as financial accountants, management accountants, tax consultants, financial analysts, etc., to thrive and strengthen the financial sector so that it can attract foreign investments, bring business to the country, and create job opportunities. This is how ACCA in Nepal contributes to economic growth and stability.

    FREQUENTLY ASKED QUESTIONS:

    Q1: How does ACCA contribute to Nepal’s economy?

    Answer: ACCA in Nepal is considered a prestigious qualification because who efficiently ACCA professionals have efficiently contributed to Nepal’s economic growth with their skilled workforce, corporate governance, and advanced financial management skills. All the knowledge and skills professionals showcase in their work help them attract international business and investors, creating jobs and eventually enhancing the economic stability of the country.

    Q2: What roles does ACCA Qualification offer in Nepal?

    Answer: ACCA in Nepal offers roles in diverse areas of accounting and finance, ACCA qualified professionals can work as management accountants, financial analysts, tax consultants, auditors, financial accountants, etc. This qualification is an internationally recognized qualification of accounting, hence, professionals are eligible to work in multinational organizations or abroad. 

    Q3: How does ACCA improve corporate governance in Nepal?

    Answer: ACCA in Nepal also contributes to improving corporate governance in Nepal, as the ACCA-qualified professionals are trained to follow international standards of auditing and reporting. By complying with global standards they ensure integrity and transparency in their work improving the country’s corporate governance.

    Q4: Can ACCA professionals work internationally?

    Answer: Yes, ACCA professionals can work internationally or even in multinational organizations as the qualification of ACCA is well-acknowledged all around the world. The qualification opens the door to global career opportunities, ACCA members are trained to follow the international accounting standards making them eligible to work in numerous countries.