We often talk about the merits of studying ACCA from the perspective of potential learners, but why, and how, could it benefit employers and organisations as a whole? Read on to find out more.
Firstly, what is ACCA?
ACCA stands for Association of Chartered Certified Accountants. It’s a globally recognised qualification and is ideal for those wanting to become a chartered accountant, or work in accountancy, tax or audit.
Why should your employees do ACCA?
By completing the ACCA qualification your employees will gain essential skills and knowledge needed to add value to your organisation. They will have extensive finance and business skills, adding knowledge to their teams. They will be able to take on higher level roles and responsibilities, and communicate effectively with important internal and external stakeholders on key business and financial matters.
Is it just an accounting qualification?
Not at all - there’s a lot more to ACCA than first meets the eye. It’s not just an accountancy qualification as it focuses a lot more on business as a whole. For example during Applied Skills the subjects include Corporate and Business Law in England and globally.
Learners also study Performance Management, discovering techniques for planning, decision-making, performance evaluation and control. It’s not just spreadsheets and numbers.
And at the Strategic Professional level, your employees will study ethics and professional skills, as well as business leadership, and advanced financial and performance management. They’ll get a lot more out of this, as will you, than if they did a low level accounting course.
What is the ACCA approved employer programme?
The ACCA Approved Employer Programme recognises employers’ high standards of staff training and development. The ACCA recognise and reward organisations that support the ACCA qualification, and set the highest standards of employee support. By becoming an approved employer your organisation will receive a number of benefits via ACCA, including free recruitment services, quality assurance, research and industry insights, discounts on courses, and support from ACCA themselves.
How do I get my employees ACCA qualified?
Have a look at our ACCA pages and see what the qualification involves. Most people can start Applied Knowledge with three GSCEs and an A-Level (or equivalent qualifications) - you can check on the ACCA website to see the various entry requirements.
If any of your employees have already completed the AAT qualification, they can start at Applied Skills. They would have to apply for an ACCA exemption - more information can be found on the ACCA website.
Need more information?
If you’d like to speak to one of our team about getting your employees ACCA qualified, or any other qualification, get in touch and we’ll be happy to help.