ACCA Vs CA: Which Course Should You Take In Singapore 2024?
What is ACCA?
The Association of Chartered Certified Accountants (ACCA) stands as a globally recognised accountancy qualification, offering comprehensive knowledge and skills in finance, accounting, and business management. Embraced by professionals worldwide, ACCA equips individuals with the expertise to thrive in diverse sectors and geographical locations.
Benefits of Pursuing ACCA
- Global Recognition: ACCA is recognised in over 180 countries with more than 241,000 members worldwide, providing access to diverse international career opportunities.
- Versatile Skill Set: The ACCA curriculum covers financial accounting, taxation, management accounting, audit, and business ethics, equipping individuals for various roles in finance and accounting.
- Career Advancement: ACCA members earn an average of 36% more than non-certified peers, enabling easier access to senior roles and higher pay. (MyLogic Business Management School, 2024)
What is CA?
The Chartered Accountant (CA) qualification holds significant prestige and relevance, particularly within the local context of Singapore. Offered by the Institute of Singapore Chartered Accountants (ISCA), CA accreditation signifies a deep understanding of Singaporean accountancy standards and regulations.
Benefits of Pursuing CA
- National Recognition and Local Expertise: CA Singapore is supported by the Singapore Ministry of Finance. It is designed to equip graduates with specialised knowledge in Singaporean accounting standards, making them well-prepared for the local job market.
- Prestigious Positions: Within five years of qualification, CA Singapore graduates often secure senior management roles, demonstrating the qualification’s esteemed standing in the Singaporean financial landscape.
