The page is designed to have your info about the Difference Between CA And ACCA. CA (Chartered Accountancy) and ACCA (Association of Chartered Certified Accounts) are certificated both related to Accounting and Finance and similar to some extent. Both are the Accounting disciplines in which one can build a successful career because, in almost every field of life, there is a role of accounting and finance. Both these degrees are very valuable in the field of accounting. There are some similarities in the curriculum of both ACCA and CA but there is also some difference between both terms which we are going to discuss below in detail.
Difference Between CA And ACCA
Table Contents
Here below we have listed some important key differences, which can definitely give you a clear idea regarding them.
CA | ACCA |
CA is a local qualification granted by the ICAP (Institute of Chartered Accountancy) | ACCA is referred to as the international qualification or also the global professional degree |
The duration of CA is around about 2 years | ACCA covers 5 years of studies |
Chartered Accountancy CA has lower demand and scope | ACCA (Association of Chartered Certified Accounts) has high demand and scope |
The cost or fee of ACCA is more expensive than that of the CA
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The cost or fee of ACCA is more expensive than that of the CA
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The ACCA (Association of Chartered Certified Accounts) Professionals are earning high more than the CA (Chartered Accountant) | The ACCA (Association of Chartered Certified Accounts) Professionals are earning high more than the CA (Chartered Accountant) |
What is CA?
CA stands for Chartered Accountancy. Chartered Accountant is the designation designed for an Accounting Professional who is responsible for the financial efficiency of an organization or a business. In order to become Chartered Accountant, you must have leading qualities, analytical skills, and numerical ability. Chartered Accountancy undoubtedly opens a vast variety of career opportunities in both the public and private sectors. But it is one of the most important and difficult degrees in accountancy.
Check out Difference Between BS And Bsc (Hons)
What is ACCA?
ACCA (Association of Chartered Certified Accounts) was established to promote excellence in Accountancy and Finance. ACCA is one of the professional standards in Accounting and Finance. You can definitely build a successful career in this field. The ACCA exams are divided into two levels such as Fundamentals and Professional from which the Fundamental level is further divided into two modules as knowledge and skills. It is an international or global professional degree having extreme worth in the Accounting world. For further differences must read the key difference between CA and ACCA listed below in detail.