B.Com with ACCA

B.Com with ACCA course at PAHER University is a 3 year undergraduate programme and has been designed in collaboration with the Association of Certified Chartered Accountants (ACCA), UK and International Skill Development Corporation (ISDC), UK.

The curriculum of ACCA has been completely integrated here. Hence the students get a unique opportunity to pursue ACCA qualification in tandem with their 3 years undergraduate course. ACCA (the Association of Chartered Certified Accountants) is the Global Body for Professional Accountants. ACCA offers business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management. Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. ACCA believes that accountants bring value to economies in all stages of development. The primary aim is to develop capacity in the profession and encourage the adoption of global standards. ACCA’s values are aligned to the needs of employers in all sectors and ensure that, through their qualifications, the finance professionals are prepared to meet the growing business needs of the corporate world. ISDC – International Skill Development Corporation is a leading education and skill development organization with a vision of bridging the global skill gap between academia and industry by developing qualifications on demand. ISDC is a Limited Company, registered under the Companies Act of England and having operations across the globe. It imparts a set of Skill Development Activities through its structured plan and aims at Developing Skills for Tomorrow. The operation includes various Skill Development Projects, Professional and Vocational Education Activities, International Schools and Colleges, Professional and Corporate Training, Consulting, Research & Development. ISDC has branches across the country. Objectives of the Course

• To develop professional knowledge and skills in international Accounting, Finance, Auditing, Taxation, Risk Management etc. by adopting learner centered pedagogical practices.

1

• To provide business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.

• The course has unparalleled focus on inculcating ethics, integrity and corporate values.

• The concepts are pragmatic in nature and the pedagogy aims at producing an outstanding and exemplary individual, in a personal and a professional way.

• Better employment prospects. Course Highlights • In-depth knowledge of specialized finance/accounting subjects • Students are entitled to get 6 papers Exemptions in ACCA out of 13 papers. • Students get an opportunity to gain multiple qualifications along the way. Upon clearing

3 Fundamental papers of ACCA students get an Advanced Diploma in Accounting and Business from ACCA, UK; upon clearing 4 Professional papers of ACCA students gain the Affiliate status from ACCA, UK. Students also stand a chance to get Certificate in IFRS (International Financial Reporting Standards) upon clearing IFRS exam.

• Opportunity to apply for a UK degree (B.S.C in Applied Accounting) from Oxford Brookes University.

• Provides blended learning. • Enhanced career opportunities in India and abroad. • ACCA qualification is recognised in 180+ countries globally including India. • The course is Cost-Effective and Flexible. Career Opportunities B.Com with ACCA degree holds a high employment rate because there is no business which does not require a manager or a commerce specialist to manage the financial aspects. The course provides a platform for work opportunities in a range of financial service, banking, business industry, management, entrepreneurial venture, and government service as well. Graduates can get placed in organizations as:- • Assistant Auditor; • Cost Accountant; • Commercial Analyst; • Indirect Tax Manager; • Payroll Manager;

2

• Professional Accounting Technician; • Tax Consultant • Chartered Advisor • Assistant Financial Accountant; • Business Analyst; • Risk Manager; • Senior Fund Manager; • Accounts Payable and Expenses Manager

3

PAHER University

B.Com with ACCA

FREQUENTLY ASKED QUESTIONS (FAQs)

On

ACCA Integrated Programme

1

1. What is ACCA? ACCA (Association of Chartered Certified Accountants) is a UK based globally recognized professional qualification for a career in finance, accounting and management. ACCA was founded in the year 1904.

2. Is ACCA qualification internationally recognized? It is a global professional body, it is recognized by 181 countries across the world, including India. ACCA has over 7000 approved employers.

3. Which course at PAHER University is embedded / integrated with ACCA?

B.Com with ACCA

4. What you mean by embedded / integration with ACCA? In the above mentioned course the ACCA papers are integrated in the regular syllabus. Students need not study any content outside their prescribed syllabus. They will be preparing for a Professional Body exam alongside their regular graduation.

5. What is the benefit I get if I do integrated course in this college/ How it is different from other institutes?

• In house training • Saves time • Saves money • Students get Exemptions for ACCA Exams up to 6 papers.

6. How many papers are integrated in the B.Com with ACCA from PAHER University?

13 papers leading to ACCA Affiliate

7. How many papers are exempted? 6 papers of ACCA are exempted

8. Why one should do ACCA along with graduation? • Students can pursue this along with their graduation because its flexible

examinations make this qualification more attractive. • Students pursuing ACCA can: earn Advance Diploma in Accounting and

Business and go on to earn an ACCA Member status. • ACCA has huge job opportunities in India and abroad with high pay scales.

2

9. Is ACCA valid in India? Yes, it is approved by many employers in India and abroad. Even Big and medium size Indian companies also approve the qualification. There are colleges and Universities conducting this programme since many years.

10. Where can I find the list of Accredited Universities and Colleges for ACCA? https://www.accaglobal.com/an/en/help/exemptions-calculator.html

11. Who can join this course? What is the eligibility criteria? Anyone who had studied English and Accountancy/Mathematics at their +2 level or equivalent can join the course.

12. What are the subjects/papers in ACCA qualification?

Fundamentals Knowledge Level • F1 Accountant in Business (AB) • F2 Management Accounting • F3 Financial Accounting

Fundamentals Skills Level • F4 Corporate and Business Law • F5 Performance Management • F6 Taxation • F7 Financial Reporting • F8 Audit and Assurance • F9 Financial Management

Professional Level • Strategic Business Leader (SBL) • Strategic Business Reporting (SBR) • Advanced Financial Management (AFM) • Advanced Performance Management (APM)

13. What are the different qualifications I can get from pursuing ACCA?

Upon successfully clearing below 3 papers of SKILL Level –

• Financial Reporting (FR) • Audit and Assurance (AA) • Financial Management (FM)

Students will be awarded ADVANCED DIPLOMA IN ACCOUNTING AND BUSINESS

Upon successfully clearing below 4 papers of PROFESSIONAL Level –

• Strategic Business Leader (SBL)

3

• Strategic Business Reporting (SBR) • Advanced Financial Management (AFM) • Advanced Performance Management (APM)

Students will be awarded ACCA Affiliate

14. When and where I can write ACCA exam?

ACCA exams can be given in the following months - • March • June • September • December

There are over 500 exam centres offering ACCA exams across the globe. You can use exam planner in ACCA official website to find out what exams you can take and where.

15. Is it computer-based exams? Yes. They are CBE (Computer Based Exams).

16. Is the exam centre available in my city? Yes, you can write nearby centre

17. Do I have to write exam in the specific exam centre? No, you can write from anywhere in the world

18. How do I come to know when to book exam? Who will book exam? You will get MyACCA account where you will get all information. Time to time reminder emails will be sent from ACCA and ISDC. You yourself have to book exam through MyACCA account

19. Can I put ACCA after my Name? Once you have completed your ACCA qualification by passing your exams, along with three years’ practical experience and the Ethics and professional skills module, you will be invited to become an ACCA member. You will be able to use the ‘ACCA’ letters after your name.

20. Is ACCA having signing authority in India?

a) You can’t sign the balance sheet of an organisation as Auditor, but as a CFO you can certainly sign.

b) You cannot practice on your own as an independent auditor but you can certainly be a self-employed tax consultant. However even in this case too the ACCA member cannot sign the balance sheet in India.

4

21. Who will train us? College faculty for exempted papers and College faculty + experts from ISDC for all Non-Exempted Papers.

22. What is the passing marks? 50%

23. Is the exam is multiple type?

It has MCQs, OTQs and descriptive type questions. Varies in case of Professional papers. You can get the details of specimen question papers in Specimen question papers of ACCA. Link below -

https://www.accaglobal.com/in/en/search.html?q=specimen+question+paper&q1=in&x1=country

24. If I cannot complete ACCA exams will I get B.Com degree?

Yes. ACCA exams nothing to do with B.Com

25. If I don’t write ACCA exams during my UG study time can I write it later? Yes, you can write within 10 years of registration to ACCA. To get exemption fee waiver benefit you need to attempt at least one exam during the course.

26. If I shift my college after 1 or 2 years on student exchange program can I get the benefits of exemption? No. You have to produce the degree certificate from the accredited university or accredited college only.

27. I am already registered with ACCA. Can I join the course now? You can join the course. You will get the benefit of exemption, but you need to pay exemption fee. Your account should be active or in inactive you need to activate.

28. Is it compulsory to complete work experience to qualify as ACCA? Yes, to get membership you need to complete 36 months PER (Professional Experience Requirement). But you can start working as ACCA affiliate once you clear ACCA examination for all papers.

29. What is PER requirement? Is it necessary that we need to work only under ACCA member? No you can work in any organisation in a specific mentioned in the PER requirement. Some companies register themselves with ACCA or you need to get your signing head registered with ACCA to endorse your experience.

5

30. How to get BSc from Oxford Brooks University? Is it included in this program? No it is not part of this program. But you can register yourself with Oxford Brooks University before taking up your first exam for ACCA.

31. Does ISDC guarantee placement? No, But ACCA supports through its job portal. There will be lot of opportunities if you complete the course.

32. What are the different job roles will I get after completing ACCA? Partial list of job roles are below - • Corporate Finance Manager • Analyst • Financial Reporting Manager • Budgeting Analyst • Treasurer • CFO • Controller • Finance Director For More info:www.jobs.accaglobal.com

33. Which is better CA or ACCA? Both are professional qualifications. If you look for corporate job you have better scope in ACCA, if you want work as auditor in India you need to do CA. Because of the global presence ACCA attracts more job opportunities.

34. Is there any hidden pricing other than mentioned in the students hand out? No extra charges. There might be slight changes in ACCA fee component/ exchange rate variation etc. ACCA fee is as per the discretion of ACCA and is subject to change. For fee refer to the attached document

35. If I have any queries regarding the course whom should I connect? Khagesh Joshi Mobile: 8955929926 Email: pibs@pacific-university.ac.in Abhishek Naresh Goyal Mobile: 7619346085 Email: abhishek.goyal@isdcglobal.org.uk

6