If you are confused about which course is better and want a better career option than CA, then you are at the right place. In this article, Bhagya Achievers will guide you which course is better than CA by providing a proper comparison.

ACCA and CA both the careers are related to Accounting and Finance and attract a large number of students.

What is ACCA?

The Full form of ACCA is the Association of Chartered Certified Accountants, and founded in the United Kingdom in 1904, it now has over 227,000 members. This course is recognized globally and considered the largest professional accounting qualification in the world. ACCA qualification helps you with necessary skills in finance, taxation, management accounting, audit, and more. 

What is CA?

The full form of CA is Chartered Accountant and helps individuals to get expertise in Auditing, Taxation, Business management and financial accounting. The demand for CA is very high in the financial sector. The Institute of Chartered Accountants of India is the regulatory body of the CA Course.

Difference between CA and ACCA

Which course is better? CA vs ACCA

Number of levels: 

CA: There are three levels in this course, including CA Foundation, CA Intermediate, and CA Final which are further divided into groups. Students can get knowledge related to Accounting, Indian taxation, finance, Company law and Auditing. The CA course teaches you about Indian taxes.

ACCA: In this ACCA course, there are two levels, which are Fundamentals and Professionals. To become ACCA students need to pass 14 papers. This course is mainly focused on Accounting and Finance. Also, this will teach you the international laws of the UK and other countries.

Scope: CA has scope within India and a few other countries. The scope of ACCA has more than 180 countries.

Passing Marks:

CA: To pass the CA exam, students need to get at least 40% marks in each paper and an overall score of 50%.

ACCA: To pass the ACCA exam, students need to get at least 50% marks.

Articleship Training:

CA: Training is a necessary part of the CA Course, after clearing CA Inter level students can start their training. To be eligible for the CA final exam, it is necessary to complete the articleship training.

ACCA: This course has three years of articleship training. Students can start their training before, during or after completing the ACCA course.

Duration:

CA: To become a CA, if a student clears all the levels of exams in their first attempt then will take a minimum duration of 5 years.

ACCA: It will take 2-3 years to complete the course. In addition to this, they need to complete three years of training. 

Which course is tougher CA and ACCA?

If we consider the passing percentage, subjects, Curriculum, and versatility then CA is tougher than ACCA. 

The pass percentage of the CA Exam is very low, which makes it more difficult as compared to other courses. Hence, to clear the CA exam, students have to give multiple attempts, which increases the duration of the CA Course.

In the ACCA course, students will get an exemption according to their educational qualification. In this course, if you fail in a subject then you can give another attempt for that particular subject. On the other hand, in a CA course, you have to give the exam for all the subjects again.

Also, if you do both the courses together, then you will get a job in a top organization in India with a higher salary package.

Why is ACCA better than CA?

Worldwide recognition: The ACCA certificate is recognized in 180 countries.

International laws: By choosing this course, students will learn more about UK laws, GAAP, and IFRS.

Flexible: This course is very flexible as compared to the CA course. In this student can complete the course as per their choice because they are eligible to attempt one paper at a time. 

Less Duration: The duration of the ACCA course is short as compared to other courses. It could be finished in two years, if a student can attempt a maximum of 8 papers out of 14 in a year.

Exemption: You are eligible to get an exemption from some papers if you have cleared B.com, M.com, CA Inter, or CA Final course.

Conclusion:

Although both the courses have their own benefits, it totally depends on one’s choice and interest, like if you want to work abroad then ACCA is a better option, but if we compare which course is easier, ACCA is a better option than CA.

Students can do either both the courses together or one by one but if they choose one by one then completing the ACCA course after CA is a better option because you need to give only 5 papers rather than 14 papers.

To know about how to succeed as a Chartered Accountant then read our blog.

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