An ACCA qualification can help you become a part of the leading global accountancy body Association of Chartered Certified Accountants. This qualification covers various aspects of business management and is recognised by employers worldwide.

It is based on international accounting and auditing standards that are accepted by a large number of countries. It assists candidates in developing the necessary knowledge and skills required for evaluating business solutions.

The ACCA qualification prepares its candidates to sustain in rapidly changing business environments  Here are a few job roles after ACCA qualification that students can take up to establish themselves in the field of accountancy.

Accounts Payable (average annual salary: £19,760)

They track budget expenses and finish every payment transaction of an organisation. Accounts payable clerks maintain records by microfilming and filing documents.

They receive invoices for every payment and carries out their processing, verification and reconciliation. Accounts payable clerk job duties also include:

o   Reporting sales taxes;

o   Maintaining accounting ledgers;

o   Preparing checks;

o   Resolving payment discrepancies.

Credit Controller (average annual salary: £21,356)

They manage debts owed to a company for the running of its business. Credit controllers are required to maintain strong client relationships to ensure the efficient running of credit control services. Their daily work activities include:

o   Managing and collecting debts of company debtors;

o   Evaluating new credit requests;

o   Reviewing customers credit rankings with banks;

o   Preparing client status report.

Commercial Accountant (average annual salary: £34,623)

They are responsible for the effective running of the organisation’s accounts. Commercial accountant expertise in investigating financial and accounting irregularities. Here is a list of the basic duties performed by them:

o   Preparing of financial transaction reports;

o   Maintaining general entries, balance sheets and ledgers;

o   Advising the management on tax issues;

o   Budget planning and forecasting.

Finance Director (average annual salary: £71,693)

They oversee the operations of a company’s financial department. Finance directors possess a thorough understanding of business principles and practices, which help them execute the following tasks:

o   Providing financial advice to senior executives;

o   Preparing and maintaining policy manuals;

o   Creating strategic plans in line with the latest market trend;

o   Ensuring all financial practices are carried out in accordance with the statutory regulations and legislation.

The ACCA works in collaboration with employers and business partners across the globe and can help improve your career prospects. It enables students to stay updated with the latest business trends, allowing them to continuously develop their professional skills.

Note: Source of average annual salaries mentioned above is Payscale.com