Introduction:
The ACCA qualification in the UAE is chosen by individuals from different academic and professional backgrounds. This qualification has no age or academic restrictions. However, it offers diverse routes for different individuals depending on their academic and professional history. Aspirants of ACCA who have little or no knowledge regarding this qualification usually seem anxious about eligibility to start this academic journey.
Many aspirants have no prior academic history in commerce, accounting, or finance; these aspirants are usually in a self-debate regarding meeting the registration requirements. Today, this blog will provide all the necessary information regarding ACCA without commerce requirements and criteria, and suggest what academic pathway suits you the best.
Breaking The Myth: ACCA Commerce
People usually believe that because ACCA is a financial qualification and involves all the areas regarding finance, accounting, and business; therefore, to start this qualification, one must have a commerce or related background. However, this is nothing but an absolute myth that misleads many aspirants of ACCA. People usually ask, ‘Can I do ACCA after 12th commerce?’ and the answer is YES, you can start your ACCA journey with or without a commerce background. The ACCA qualification is structured in a way to is accessible to a wider audience from diverse academic and professional backgrounds.
Despite being one of the most competitive qualifications in the accounting and finance sector, ACCA welcomes aspirants who have no prior knowledge in this area by introducing a different academic route for them. If you are eager to know how to start the ACCA course after 12th commerce, this guide will help you get all the answers.
ACCA Without Commerce Requirements:
If you have no commerce, economic, finance, or accounting-related academic background or prior professional experience, you can still start your academic journey with ACCA. However, before starting the actual ACCA course, you will first need to follow a small connecting route that will lead you to the start of your ACCA journey.
Foundation in Accountancy:
Candidates who have no prior experience or history with accounting, finance, or commerce-related fields have to start their ACCA qualification from the FIA route. Foundation in Accountancy or FIA route is the foundational or entry-level pathway that equips aspirants with all the basic knowledge and principles of accounting and finance. This route includes four exams, namely: Recording financial transactions, Management Information, Maintaining Financial Records, and Managing costs and finance.
After clearing all the FIA exams now you are now eligible to start your ACCA journey from the Applied Knowledge level of the ACCA qualification.
Challenges of ACCA Without Commerce Background:
If you are a candidate with no prior expertise or academic history in accounting, finance, commerce, or a related field, this complex qualification might add a bit more pressure. As compared to the candidates with a good grasp of accounting and finance principles, the candidates doing ACCA without commerce background might face more challenges in understanding the complex financial questions. However, with effective study support, determination, and consistent studying patterns, aspirants can crack ACCA exams with or without a commerce background.
In the history of ACCA, there have been thousands of students who have performed extraordinarily in ACCA exams without having any academic or professional background in commerce, accounting, finance, or any related field. In the end, it all depends on your efforts, hard work, determination, and consistency; if your willpower is strong and you give your all to your studies, you can easily ace ACCA exams and achieve all your academic and professional goals.
Tips For Non-Commerce ACCA Students:
Are you an aspirant of ACCA without commerce background, anxious about your academic journey and the complexities it might uncover? Don’t worry, here are some valuable tips that will help you throughout your ACCA journey.
- Do not jump to complex financial and accounting queries/topics; rather, start from the basics; make sure you have clarity regarding basic accounting principles.
- Rely on ACCA-approved study material; investing in quality study material will prove to be fruitful for your future academic performance.
- Join an ACCA-approved learning provider that offers personalized student support, mentoring, and tutor guidance.
- Staying consistent is the key to unlocking success in the ACCA qualification; this qualification requires consistency and structured study patterns.
- Join study groups to keep yourself motivated. These online forums and groups can be used to discuss academic queries, solutions, etc.
Conclusion:
It is concluded that you can do ACCA in the UAE with or without any prior academic or professional background in commerce, accounting, finance, or any related field. The qualification is accessible for a diverse audience from different backgrounds; however, there are different routes introduced by ACCA depending on an individual’s academic history.
You can still do ACCA without commerce background by starting your journey through the FIA (Foundation in Accountancy) route. This route enables you to gain all the basic or foundational level information regarding accounting and finance principles, which is necessary to understand the complex financial concepts of ACCA. If you aim to achieve success in the ACCA qualification, a good grasp of foundational-level accounting concepts and principles will take you a long way. Therefore, students who start their ACCA journey through the FIA route are advised to stay very attentive and try to achieve clarity in concepts to avoid any consequences later.
Frequently Asked Questions:
Q1: How to start the ACCA course after the 12th commerce in the UAE?
Answer: If you have done commerce in 12th in the UAE and cleared with a minimum of 50% in other subjects and 65% in mathematics and English, you are eligible to apply for registration for the ACCA qualification.
Q2: How to register for the ACCA qualification in the UAE?
Answer: To start your ACCA journey, the first step is the registration process; you can register yourself through ACCA Global’s website by submitting a written application, a completed form, and the documentation they have asked for.