Can I Do ACCA After 12th? A Complete Guide on How to Get Started

Are you fresh out of 12th grade and looking for an internationally recognized qualification in finance and accounting? The Association of Chartered Certified Accountants (ACCA) could be your perfect stepping stone toward a global financial career. With over 227,000 members and students across 180 countries, the ACCA is one of the most sought-after qualifications for aspiring finance professionals.

In this guide, we’ll walk you through everything you need to know about starting the ACCA course after 12th, from eligibility criteria and the registration process to career opportunities that await you upon completion.

What is ACCA?

The ACCA (Association of Chartered Certified Accountants) is a globally recognized professional qualification for accountants. Designed to enhance your knowledge and skills in finance, auditing, taxation, and business law, ACCA is ideal for students aspiring to work in accounting or finance across the world.

Unlike other accounting qualifications such as the Chartered Accountancy (CA) in India or Certified Public Accountant (CPA) in the US, ACCA offers global recognition and the flexibility to work in over 180 countries. The ACCA course is structured into three levels: Knowledge, Skills, and Professional, ensuring that you’re prepared for all areas of the financial sector.

To understand more about the ACCA course in detail, read- All About the ACCA Course

Benefits of Pursuing ACCA After 12th

Deciding to pursue ACCA after 12th is a smart move for students who are passionate about accounting and finance. By opting for ACCA early in your academic journey, you can accelerate your path toward becoming a globally recognized financial professional. Here are the key benefits of pursuing ACCA right after your 12th grade:

Global Recognition

• ACCA is one of the most respected and widely recognized professional qualifications in accounting and finance worldwide.
• The ACCA qualification is accepted in over 180 countries, making it a gateway to an international career.
• Whether you aim to work in India, the UK, Canada, Australia, or the Middle East, ACCA will enhance your employability across borders.

Flexibility in Learning and Exams

• One of the standout advantages of the ACCA qualification is its flexibility.
• You can pursue the course alongside your graduation or even while working, as the ACCA exams are held four times a year (March, June, September, and December).
• Students can take exams at their own pace and complete the qualification at their convenience.

Additionally, ACCA provides students with multiple learning pathways:

• Self-study: If you’re disciplined and prefer learning independently.
• Coaching Institutes: ACCA-approved learning partners offer structured classes and study materials to help you prepare effectively.

Comprehensive and Industry-Relevant Curriculum

The ACCA syllabus is designed to equip students with both theoretical knowledge and practical skills essential for the accounting and finance industry. The course covers a wide range of subjects, including:

• Financial Accounting
• Management Accounting
• Taxation
• Auditing
• Corporate Law
• Financial Management

Cost-Effective Compared to Other Professional Courses

• Compared to other globally recognized finance qualifications, such as CPA (USA) or CIMA (UK), the ACCA course is relatively more affordable.
• While the registration fees, annual subscriptions, and exam fees may add up, the overall cost remains competitive, especially when considering the global career opportunities it provides.
• Moreover, many ACCA learning providers offer payment plans, scholarships, and financial assistance, making it accessible to students from diverse economic backgrounds.

Early Career Opportunities

• Pursuing ACCA after 12th allows you to enter the job market at a younger age with a highly valued qualification.
• Even if you haven’t completed the full ACCA qualification, students who clear a certain number of papers are eligible for entry-level roles like accounting assistants, junior financial analysts, or tax associates.

Wide Range of Career Options

The ACCA qualification is highly versatile, opening up a wide array of career paths in accounting, auditing, tax, risk management, financial consulting, and more. As an ACCA-qualified professional, you can pursue roles like:

• Financial Accountant
• Internal Auditor
• Management Consultant
• Tax Advisor
• Risk Manager
• Forensic Accountant

Competitive Salary Packages

• ACCA-qualified professionals are in high demand, and they command competitive salary packages worldwide.
• According to industry reports, an ACCA professional in India can expect an average salary ranging from ₹6 lakhs to ₹10 lakhs per annum in entry-level roles.
• As you gain experience, your earning potential increases substantially.

For a comprehensive understanding of the salary prospects for ACCA professionals, explore our detailed guide: ACCA Global Salary Insights

Professional Development and Lifelong Learning

• ACCA is not just about passing exams – it’s a commitment to lifelong professional development.
• Once you’ve qualified, ACCA offers Continuous Professional Development (CPD) opportunities to ensure that your skills remain relevant in an ever-changing financial landscape.

High Ethical Standards

• ACCA places a strong emphasis on professional ethics. Throughout the course, students are taught the importance of ethical behavior in business, which is crucial in maintaining trust and integrity in the financial profession.
• This ethical training ensures that ACCA professionals not only excel in technical skills but also in maintaining integrity, which is highly valued by employers across industries.

Eligibility Criteria for ACCA After 12th

To start the ACCA course after 12th, you must meet certain eligibility criteria.

• Educational Qualification: You should have passed your 12th grade (Class 12) with at least five subjects, including English and Mathematics/Accounts, securing a minimum of 65% in Mathematics/Accounts and English, and 50% in other subjects.
• Commerce Students: If you’ve studied Commerce with an emphasis on Accounting, Business Studies, and Economics, you already have a strong foundation for the ACCA.
• Non-Commerce Students: Students from non-commerce backgrounds can also apply, but may need to take the ACCA Foundation in Accountancy (FIA) course to build a basic understanding of accounting principles.

For more information on ACCA eligibility, explore our detailed guide: ACCA Eligibility Criteria Explained

Step-by-Step Process to Start ACCA After 12th

Starting ACCA right after completing 12th grade can be a smart career move for students looking to enter the world of finance and accounting. Here is a clear, step-by-step guide to help you get started with the ACCA qualification:

Step 1: Understand the ACCA Curriculum

Before diving into the ACCA registration process, it’s essential to familiarize yourself with the ACCA course structure. ACCA’s qualification is designed to cover a comprehensive range of finance and accounting topics. The curriculum is divided into three levels:

Knowledge Level (3 Papers):

Introduces basic accounting concepts and principles.

• Business and Technology (BT)
• Management Accounting (MA)
• Financial Accounting (FA)

Skills Level (6 Papers):

Focuses on more advanced financial and management accounting skills.

• Corporate and Business Law (LW)
• Performance Management (PM)
• Taxation (TX)
• Financial Reporting (FR)
• Audit and Assurance (AA)
• Financial Management (FM)

Professional Level (4 Papers):

Prepares students for senior roles in finance.

• Strategic Business Leader (SBL)
• Strategic Business Reporting (SBR)
• Two optional papers from Advanced Financial Management (AFM), Advanced Performance Management (APM), Advanced Taxation (ATX), and Advanced Audit and Assurance (AAA).

Step 2: Ensure Eligibility

After understanding the curriculum, check if you meet the eligibility criteria to enroll in ACCA after 12th:

• You must have passed your 12th grade with at least five subjects, including Mathematics/Accounts and English, securing at least 65% in Mathematics/Accounts and English, and 50% in other subjects.
• If you don’t meet these marks or come from a non-commerce background, you can still pursue ACCA by first enrolling in the Foundation in Accountancy (FIA) course.

Step 3: Register for ACCA

Once you’ve confirmed your eligibility, the next step is to register for ACCA. Follow these steps to complete your registration:

1. Visit the ACCA Global Website: Go to the official ACCA Global Website.
2. Create an Account: Sign up for an account with your basic details.
3. Submit Required Documents: You will need to upload:
   • A scanned copy of your 12th-grade certificate and marksheets.
   • A passport-sized photograph.
   • Proof of identity (passport, national ID, or driver’s license).
4. Pay the Registration Fee: The one-time registration fee is approximately £89. Be sure to check for any regional variations in the fees.
5. Receive Your Registration Number: Once your application is approved, ACCA will provide you with a unique registration number. This number is essential for accessing ACCA’s online portal, booking exams, and tracking your progress.

Step 4: Plan Your Study Path

Now that you’re registered, it’s time to decide how you’ll study for the ACCA exams. There are two main options:

Self-Study:

• If you prefer flexibility and studying at your own pace, you can opt for self-study.
• ACCA provides a wide range of study materials, including official books, study guides, and online resources.
• You can also access past papers and mock exams to aid in your preparation.

Join an ACCA-Approved Learning Partner:

• Many students prefer enrolling in ACCA-approved institutes to benefit from structured learning, expert guidance, and peer support. These institutes offer classroom or online sessions with experienced tutors who can help you navigate the course material more effectively.
• One of the top ACCA-approved learning providers in India is QuintEdge Coaching Classes, known for its comprehensive and well-organized approach to teaching.

Step 5: Create a Study Plan

ACCA offers a flexible exam schedule, allowing students to take their exams at their own pace. However, planning your studies is essential to stay on track and complete the qualification in a timely manner. Here are some steps to create an effective study plan:

Choose Your Exam Sitting:

ACCA exams are conducted four times a year – in March, June, September, and December. Decide which exam sitting you want to target.

Start with the Knowledge Level Exams:

Since these are foundational subjects, aim to complete the three Knowledge Level papers first. Create a timeline that allocates enough time for each subject, depending on the exam dates.

Set Weekly Goals:

Break down your syllabus into smaller, manageable sections and assign study goals for each week. Use study guides, practice questions, and past papers to reinforce your understanding of each topic.

Stay Consistent:

ACCA requires disciplined preparation. Dedicate daily or weekly study hours, depending on your learning style. Create a balance between study, revision, and practice exams.

Step 6: Prepare for Your Exams

Preparation is key to success in ACCA. Here are some tips to help you prepare for your exams effectively:

Use Official ACCA Study Materials:

Make sure you’re using the latest ACCA-approved textbooks and online study materials. ACCA also offers revision kits, which include past papers and model answers.

Take Mock Exams:

Practicing with mock exams under timed conditions is essential for familiarizing yourself with the exam format and improving your time management skills. One of the best options for this is QuintEdge Coaching Classes, which provides highly effective mock exams designed to closely replicate the actual ACCA exam experience.

Join Study Groups:

Interacting with other ACCA students through study groups or online forums can help clarify doubts, exchange study resources, and keep you motivated.

Step 7: Gain Practical Experience

To qualify as an ACCA member, you need 36 months of practical experience. Here’s how to complete it:

• Get a Relevant Job: Secure an internship or entry-level role in finance or accounting.
• Record Experience: Log your tasks and responsibilities in ACCA’s online portal to meet the performance objectives.
• Work with a Mentor: Have your experience verified by a qualified professional who will sign off on your progress.

ACCA Duration After 12th

The duration of the ACCA course after 12th depends on several factors, including how many exams you attempt per session, whether you qualify for any exemptions, and your study mode (full-time or part-time). Typically, it takes around 3 to 4 years to complete the entire ACCA qualification after 12th grade. Here’s a breakdown of the timeline:

• Knowledge Level: This stage consists of three papers, and you can complete this within 6 to 12 months, depending on your pace.
• Skills Level: This stage includes six papers and usually takes around 1 to 1.5 years to complete.
• Professional Level: The final level consists of four papers, which may take around 1 to 1.5 years to finish.

In addition to passing exams, ACCA also requires students to complete a Professional Ethics Module and gain practical work experience of 36 months, which can often be completed simultaneously with your studies.

For detailed information on the ACCA course duration, read our guide: ACCA Course Duration

Fees and Costs Involved in ACCA

Pursuing ACCA involves various costs, including registration fees, exam fees, and study materials. Here’s a breakdown of the main expenses you’ll encounter:

Initial Registration Fee:

The one-time registration fee to join ACCA is approximately £89. This is paid at the time of registering on the ACCA website.

Annual Subscription Fee:

After the first year, students need to pay an annual subscription fee of £134 to maintain their active student status.

Exam Fees:

Exam fees vary depending on the level and the time of booking. On average:

• Knowledge Level exams cost £120 per paper.
• Skill and Professional Level exams typically cost £143 per paper.
• Exemption Fees: If you are eligible for exemptions based on prior qualifications, you will need to pay exemption fees, which are equivalent to the exam fees of the exempted paper.

Study Materials and Coaching:

The cost for study materials and coaching varies. Self-study materials can range from £30 to £50 per subject, while enrolling in an ACCA-approved learning provider like QuintEdge Coaching Classes.

For detailed information on ACCA fees and costs, read our guide: All About ACCA Fees and Costs.

Career Opportunities After Completing ACCA

Financial Accountant

ACCA graduates can work as Financial Accountants, handling financial statements, budgets, and compliance. This role is crucial in businesses of all sizes, from startups to multinational corporations.

Management Accountant

As a Management Accountant, you’ll focus on internal financial processes, cost analysis, and decision-making to enhance a company’s performance, often leading to senior management roles.

Internal Auditor

Internal Auditors assess and improve a company’s internal processes and compliance, ensuring efficient operations. This role is essential in highly regulated industries like banking and healthcare.

External Auditor

Working as an External Auditor involves reviewing financial records for accuracy and compliance with regulations, often in collaboration with major auditing firms like the Big Four.

Tax Consultant/Advisor

ACCA’s taxation focus prepares you to become a Tax Consultant, advising businesses on tax planning, compliance, and strategies to minimize tax liabilities.

Financial Analyst

Financial Analysts analyze financial data and trends to assist companies with investment decisions and strategic planning, a role in high demand in sectors like banking and investment.

Risk Manager

As a Risk Manager, you’ll assess and mitigate financial risks within an organization, a critical function in industries like insurance, banking, and investments.

Forensic Accountant

Forensic Accountants investigate financial fraud and irregularities, working closely with legal and regulatory bodies to provide evidence and analysis.

Business Consultant

Business Consultants help organizations improve financial performance and operations. This role offers the opportunity to work with diverse clients across industries.

Chief Financial Officer (CFO)

With experience, ACCA professionals can rise to the role of CFO, overseeing a company’s financial operations, strategy, and investor relations.

Entrepreneurial Opportunities

Many ACCA professionals use their expertise to become entrepreneurs, launching consultancy firms or managing their own businesses.

For an in-depth insight into ACCA jobs and salary prospects, read our comprehensive guide: ACCA Jobs and Salary Overview

Future Outlook of ACCA After 12th

The future outlook for students pursuing ACCA after 12th is incredibly promising, given the global demand for skilled finance professionals. As economies continue to grow and evolve, the need for highly qualified accountants and financial experts remains strong across industries. Here’s why the future looks bright for ACCA students:

Global Demand for Finance Professionals

• The ACCA qualification is recognized in over 180 countries, making it a key credential for those seeking global career opportunities.
• As businesses expand internationally, there’s a growing need for finance professionals who understand both local and international financial regulations.

Evolving Role of Finance in Business

• With the rise of technology and digital transformation, the role of finance professionals is expanding beyond traditional accounting tasks.
• ACCA-qualified professionals are now expected to have skills in data analysis, strategic decision-making, and risk management, making them indispensable to businesses navigating the complexities of the modern financial landscape.

Flexibility and Global Mobility

• ACCA’s flexibility in terms of exam scheduling and study options allows students to tailor their learning to fit their lifestyle, making it accessible to a broader audience.
• Additionally, ACCA’s global recognition opens doors for students to work in various regions, such as the UK, UAE, Canada, and Singapore, enhancing job mobility.

Growth in Sectors like Fintech and Consulting

• The finance industry is seeing rapid growth in sectors like fintech, consulting, and financial advisory.
• ACCA professionals, with their strong foundation in finance, are well-positioned to take on roles in these emerging fields, which are expected to grow significantly in the coming years.

High Earning Potential

• As demand for ACCA-qualified professionals increases, so does their earning potential.
• Many ACCA graduates start their careers with attractive salary packages, and as they gain experience, their salaries tend to rise substantially, especially in high-demand regions and industries.

Continuous Learning and Career Growth

• The ACCA qualification is not just about passing exams but also about continuous professional development (CPD).
• This ensures that ACCA professionals stay up-to-date with the latest developments in the financial industry, giving them a competitive edge in the job market and offering long-term career growth.

Conclusion

Students wishing to embark on a global career in accounting and finance with a good exposure after education up to 12th should consider pursuing ACCA after 12th. ACCA is an internationally recognised qualification, with flexible study locations and a wide range of subjects covered, you’ll become suitably skilled to thrive in a number of financial roles across a range of industries. This career has a good number of financial accounting to management consultancy opportunities both locally and internationally.

In addition, the ACCA qualification offers a future-proof career path with high earning potential and continuous professional development. If you begin to work early after 12th, you can speed up your road to be a highly demanded finance professional with a globe of prospects in front of you.

Frequently Asked Questions