Discover the world of ACCA (Association of Chartered Certified Accountants) and explore the remarkable career prospects it offers in Pakistan. With a global presence and a reputation built on excellence, ACCA has become synonymous with professional success. In this article, we will delve into the key aspects that make ACCA a coveted qualification, including its international recognition, adherence to professional standards, diverse career pathways, & the ability to meet the demands of a complex business landscape. Join us on this journey as we uncover the ACCA salary potential in Pakistan and the gateway it provides to a thriving future.
So, young adventurers, are you excited to discover the exciting world of ACCA salary in Pakistan? Get ready to dive into the numbers, unlock the secrets of success, and become the hero of your own financial story! Keep reading to uncover the fascinating salary ranges, discover the factors that influence salaries, and even compare ACCA with other accounting qualifications. It’s time to unleash your inner accountant hero and show the world what you’re capable of. Let’s embark on this extraordinary journey together and make numbers the most thrilling adventure you’ve ever experienced!
ACCA Full Form:
The acronym ACCA stands for Association of Chartered Certified Accountants.
Many people all across the world are aware of and respect this unique association. More than fifty thousand learners and 230,000 members of ACCA are spread over 175 countries. Since its inception in 1904, ACCA has been dedicated to awarding the prestigious chartered certified accountant qualification, operating through a widespread network of 100+ offices and centers in approximately 50 countries.
Global Recognition and Commitment to Excellence:
ACCA’s reputation extends far and wide, earning the trust and respect of employers worldwide. The ACCA Qualification, meticulously designed to adhere to international accounting standards, enables professionals to seize opportunities in any country where these standards prevail. This global recognition provides individuals with the chance to shine on an international stage.
Accreditation and Unyielding Professional Standards:
The ACCA Qualification upholds the highest standards of professionalism, having earned accreditations from esteemed professional bodies. This recognition further elevates the qualification’s credibility, giving ACCA members a distinctive edge in the competitive job market.
Diverse Career Pathways and Boundless Potential:
ACCA qualified accountants embark on a remarkable journey that leads to a multitude of career possibilities. These individuals are sought after by a varietariety of fields, including audit, acy of employers due to their competence in a vcounting, finance, and consulting. From multinational corporations to small businesses and government agencies, the world becomes their stage.
Meeting the Demands of a Complex Business Landscape:
As the global business landscape becomes increasingly intricate, the demand for ACCA qualified accountants continues to rise. Businesses, grappling with complex regulations and the need for effective financial management, seek professionals with the skills and expertise to navigate these challenges. ACCA’s emphasis on critical thinking and analytical acumen equips individuals to deliver precise business solutions that align with organizations’ strategic plans and future growth.
A Gateway to Success on a Global Scale:
ACCA’s impressive reach extends to over 200,000 members and 500,000 students in more than 170 countries. The globally recognized ACCA Qualification unlocks doors to well-paying and fulfilling careers in the accounting profession. Armed with this distinction, individuals gain access to unparalleled opportunities for professional growth and advancement.
Ethics, professionalism, and adaptability:
ACCA encourages its members to act ethically, professionally, and adaptably. In a world that is constantly evolving, ACCA professionals stand out by embracing forward-thinking strategies and staying ahead of the curve. They possess the skills needed to tackle challenges head-on and maintain relevance in an ever-changing financial landscape.
The ACCA Qualification paves the way for a remarkable journey in the accounting profession, transcending boundaries and unlocking boundless opportunities. With its widespread recognition, unwavering dedication to excellence, & variety of career options, ACCA gives people the skills they need to be successful in the fast-paced field of finance and accounting.
Key Takeaways:
- ACCA’s global recognition and commitment to excellence make it a prestigious qualification that allows professionals to seize opportunities worldwide.
- The ACCA Qualification upholds unyielding professional standards and has earned accreditations from esteemed bodies, giving ACCA members a distinctive edge in the competitive job market.
- ACCA qualified accountants have diverse career pathways and boundless potential, sought after by a variety of fields including audit, accounting, finance, and consulting.
- ACCA professionals meet the demands of a complex business landscape by possessing critical thinking and analytical skills, offering precise business solutions aligned with strategic plans.
- ACCA’s impressive global reach unlocks doors to well-paying and fulfilling careers in the accounting profession, with unparalleled opportunities for professional growth and advancement.
- ACCA professionals stand out by embracing ethics, professionalism, and adaptability, staying ahead in an ever-changing financial landscape.
- In Pakistan, ACCA professionals are highly regarded for their ability to navigate complicated legislation and efficiently handle funds in a changing business environment.
- ACCA professionals bridge the gap between local regulations and international standards, making them highly sought after by companies of various sizes and types in Pakistan’s dynamic job market.
- The salary range for ACCA professionals in Pakistan is influenced by factors such as experience, sector, job role, and location, with average monthly salaries ranging around PKR 150,000.
- Both the CA and ACCA qualifications offer valuable opportunities for a successful accounting career in Pakistan, with CA being more prestigious and ACCA offering international recognition and flexibility.
- Steps to becoming an ACCA qualified accountant in Pakistan include registering with ACCA, meeting entry requirements, completing ACCA exams, gaining practical experience, and applying for membership.
- Resources such as the ACCA website, ACCA Study Hub, and local ACCA chapters are available to help individuals in Pakistan on their journey to becoming ACCA qualified accountants.
Scope of ACCA in Pakistan
Employers highly regard the Association of Chartered Certified Accountants (ACCA) Qualification in Pakistan. The increasing demand for ACCA-qualified accountants in Pakistan is a result of a requirement for experts who can negotiate complicated legislation and efficiently handle funds in a changing company environment.
A Global Standard: International Accounting Standards
The ACCA Qualification’s foundation in international accounting standards equips ACCA members to work seamlessly in any country adhering to these standards. This global recognition positions ACCA professionals as versatile assets in the Pakistani finance and accounting field.
Rigor and Expertise: A Path to Success
The ACCA Qualification’s rigorous and demanding curriculum cultivates the skills and knowledge necessary for thriving in the accounting profession. With comprehensive training and expertise, ACCA members possess the competitive edge required to excel in the Pakistani finance and accounting sector.
Credibility through Accreditation:
Endorsement from prestigious professional bodies further enhances the ACCA Qualification’s credibility. Accreditation from leading organizations bolsters the reputation of ACCA professionals, reinforcing their capabilities and ensuring their relevance in the Pakistani job market.
Expansive Career Opportunities
ACCA membership opens doors to a diverse range of career pathways in Pakistan. ACCA qualified accountants find employment opportunities across industries, including audit, accounting, finance, and consulting. They value the freedom to work for a range of employers, including large corporations, independent companies, small businesses,private owned businesses and governmental organisations.
Demand for ACCA Professionals in Pakistan
Growing Demand in the Local Job Market
The need for ACCA-qualified accountants is growing rapidly in Pakistan as companies more and more depend on them for guidance through complicated legislation and efficient money management. According to recent studies, during the next five years, demand for ACCA-qualified accountants is expected to increase by 15%. This increase in demand can be ascribed to a number of causes, including the Pakistani economy’s growing complexity, the presence of multinational corporations there expanding, and the growing awareness of the benefits of having an ACCA certificate.
The value of ACCA to both domestic and international businesses
For both domestic and foreign businesses operating in Pakistan, the ACCA certificate is highly relevant and offers a variety of benefits catered to their particular requirements.
The ACCA qualification has the following benefits for regional businesses:
Increased Compliance with Accounting Standards: ACCA professionals ensure heightened compliance with accounting standards, facilitating accurate and transparent financial reporting.
- Improved Financial Reporting: ACCA qualified accountants contribute to enhanced financial reporting practices, aiding in effective resource management and enabling informed decision-making.
- Enhanced Risk Management: Equipped with comprehensive knowledge in risk assessment and management, ACCA professionals assist local companies in mitigating financial risks and safeguarding their operations.
- Increased Access to International Markets: The ACCA qualification equips local companies with the expertise required to enter and expand into international markets, providing opportunities for growth and expansion.
The ACCA qualification provides the following advantages for global businesses:
- Reduced Risk of Non-compliance: ACCA qualified accountants ensure multinational companies operate in accordance with international accounting standards, minimizing the risk of non-compliance with local regulations.
- Increased Consistency of Financial Reporting: ACCA professionals provide multinational companies with standardized financial reporting practices across different countries, enabling effective comparison and analysis of financial performance.
- Improved Access to Local Talent: Multinational companies benefit from the availability of local ACCA qualified professionals who possess both global accounting knowledge and a deep understanding of the local business environment.
- Increased Credibility with Investors and Stakeholders: The ACCA qualification enhances the credibility of multinational companies, inspiring confidence among investors, shareholders, and other stakeholders due to the high professional standards associated with ACCA professionals.
The demand for ACCA professionals in Pakistan continues to soar as they bridge the gap between local regulations and international standards. Their expertise is highly sought after by companies of various sizes and types, making the ACCA qualification a valuable asset in Pakistan’s dynamic job market.
Salary Range for ACCA Professionals in Pakistan
Overview of the Salary Range
The salary range for ACCA professionals in Pakistan is influenced by various factors, such as experience, sector, job role, and location. However, on average, ACCA professionals can expect to earn significantly higher salaries compared to those without the qualification.
- Average Salary: Based on recent surveys, the average monthly salary for ACCA qualified accountants in Pakistan is approximately PKR 150,000. It’s necessary to keep in mind that this figure is an average and that compensation for specific employees may differ.
- Entry-level Positions: For those starting their career as ACCA professionals, entry-level positions generally offer salaries starting from around PKR 50,000 per month. These positions provide valuable opportunities to gain experience and develop foundational skills.
- Experienced Professionals in Senior Roles: ACCA professionals with substantial experience and holding senior roles can command higher salaries. Salaries for experienced professionals in senior positions can reach as high as PKR 300,000 per month or more, depending on the specific circumstances and expertise.
Factors Influencing Salary
Several factors influence the salary range for ACCA professionals in Pakistan. Understanding these factors can shed light on the earning potential and career progression in the job market.
- Experience: Generally, the more experience an ACCA professional possesses, the higher their earning potential. Employers value experience because it enables professionals to show off their knowledge, problem-solving prowess, skills, ability, plus judgement and expertise.
- Sector: The sector in which an ACCA professional works can impact their salary. ACCA professionals employed in the financial services sector, such as banking or investment firms, often enjoy higher salaries due to the specialized nature and demands of the industry.
- Job Role: The specific job role held by an ACCA professional can also influence their salary. Senior personnel frequently earn more money than individuals in lower-level or entry-level occupations, such as finance managers, auditors, or financial analysts.
- Location: The geographical location of work can play a role in determining the salary for ACCA professionals. In comparison to smaller cities or towns, major cities like Karachi, Lahore, and Islamabad typically offer larger pay. This difference is often attributed to the cost of living, market demand, and concentration of industries in metropolitan areas.
It is crucial to remember that wage ranges might change depending on the market, the economy, plus an individual’s negotiating abilities. ACCA professionals who continuously enhance their skills, stay updated with industry trends, and demonstrate exceptional performance may have increased opportunities for career advancement and higher earning potential in Pakistan’s competitive job market.
CA vs ACCA Salary in Pakistan
Chartered Accountant (CA)
Average Salary (PKR): 160,000
Description: The CA qualification is highly esteemed in Pakistan and known for its challenging nature. CAs typically earn the highest salaries among accountants. However, obtaining the CA qualification requires significant dedication and effort.
Association of Chartered Certified Accountants (ACCA)
Average Salary (PKR): 150,000
Description: ACCA is a globally recognized accounting qualification, accepted in over 175 countries. While it demands rigorous study, it offers valuable skills and competitive salaries in Pakistan.
Comparison of CA and ACCA Salaries:
Difficulty Level:
- CA: More difficult to achieve due to rigorous exams and practical experience requirements.
- ACCA: Relatively less difficult to obtain compared to CA.
International Recognition:
- CA: Less internationally recognized compared to ACCA.
- ACCA: More widely recognized globally due to adherence to international accounting standards.
Flexibility:
- CA: Relatively less flexible, with fewer options for part-time study.
- ACCA: More flexibility as it can be pursued on a part-time basis, allowing students to work while studying.
Comparison Table: CA vs. ACCA Qualifications
- Difficulty: CA (More difficult), ACCA (Less difficult)
- International Recognition: CA (Less internationally recognized), ACCA (More internationally recognized)
- Flexibility: CA (Less flexible), ACCA (More flexible)
- Salary: CA (Slightly higher), ACCA (Slightly lower)
Both CA and ACCA qualifications provide valuable opportunities for a successful accounting career in Pakistan. CA offers prestige and high earning potential, while ACCA offers international recognition and flexibility. Consider your personal preferences, career aspirations, and commitment level when choosing between these qualifications.
Advantages of ACCA in Pakistan
- Internationally recognized: The ACCA qualification holds recognition in over 175 countries, granting ACCA professionals the flexibility to work globally. This opens doors to exciting career opportunities across the world.
- Globally relevant: Built upon international accounting standards, the ACCA qualification equips professionals with the knowledge a skills required to work seamlessly in any country that adheres to these standards. This ensures their expertise is globally applicable.
- Rigorous and demanding: The ACCA qualification is renowned for its rigorous and demanding nature. ACCA professionals undergo comprehensive training and examinations, enabling them to excel in the dynamic field of accounting.
- Flexible: ACCA offers the advantage of flexibility as it can be pursued on a part-time basis. This quality makes it a standout choice for people who are currently employed full-time & want to achieve both their educational and professional goals.
- Access to a global network of ACCA members: ACCA professionals gain access to a vast global network of accountants. This network proves invaluable for networking, discovering job opportunities, and fostering professional relationships.
- Professional development opportunities: The ACCA provides a range of professional development opportunities. These include courses, conferences, and webinars that keep ACCA professionals updated on the latest trends in accounting and business. This continuous learning enhances their expertise and ensures they stay ahead in their field.
The ACCA qualification offers numerous advantages, making it an excellent choice for individuals seeking a successful career in the accounting profession. Its international recognition, global relevance, rigorous curriculum, flexibility, networking opportunities, and professional development initiatives contribute to the overall growth and success of ACCA professionals.
Steps Involved in Becoming an ACCA Qualified Accountant in Pakistan
Registering with ACCA:
The initial step involves registering with ACCA, which can be done conveniently online or through mail. This formalizes your intention to pursue the ACCA qualification.
Meeting Entry Requirements:
To be eligible for ACCA membership, certain entry requirements must be met. These specifications call for a minimum of 12 years of schooling, 5 GCSEs with a C or better, or an equal set of credentials.
Completing ACCA Exams:
The ACCA qualification comprises 13 exams, categorized into three levels: Fundamentals, Applied Knowledge, and Applied Skills. Successful completion of all 13 exams is necessary to obtain ACCA membership.
Gaining Practical Experience:
In addition to passing the exams, practical experience of 36 months in the field of accounting or finance is required. This experience can be acquired through various means, such as working as an accountant or auditor, or volunteering in relevant accounting roles.
Applying for Membership:
Once you have successfully cleared the exams and accumulated the requisite practical experience, you can proceed to apply for ACCA membership. This final step formalizes your status as an ACCA qualified accountant.
By following these steps, aspiring individuals can embark on their journey towards becoming ACCA qualified accountants in Pakistan. It is a path that combines academic rigor, practical training, and professional recognition, opening doors to diverse opportunities in the field of accounting and finance.
Resources Available to Help You Become an ACCA Qualified Accountant in Pakistan
- The ACCA Website: The official ACCA website serves as a valuable resource, providing comprehensive information about the ACCA qualification. It offers details about the exams, entry requirements, and practical experience criteria.
- The ACCA Study Hub: The ACCA Study Hub is an extensive online platform that offers a wide range of study materials, practice questions, and exam preparation tools. It equips aspiring accountants with the necessary resources to excel in their ACCA journey.
- ACCA Approved Learning Partners (ALPs): ACCA Approved Learning Partners are organizations that provide ACCA courses and support services. Pakistan has several ALPs that offer guidance and assistance in preparing for the ACCA exams.
- ACCA Local Chapters: ACCA Local Chapters consist of ACCA members who convene regularly to network and exchange knowledge. In Pakistan, numerous ACCA Local Chapters exist, offering support and guidance throughout your path to becoming an ACCA qualified accountant.
- Online Forums and Discussion Groups: Engaging in online forums and discussion groups dedicated to ACCA can be immensely beneficial. These platforms facilitate connections with fellow ACCA students and professionals, enabling the exchange of questions, advice, and valuable tips.
By utilizing these resources, individuals pursuing an ACCA qualification in Pakistan can access the necessary guidance, study materials, and peer support to enhance their learning experience and maximize their chances of success.
Salary Trends Across Various Industries for ACCA Professionals
Banking: Lucrative Opportunities for ACCA Professionals
The banking industry stands out as one of the most rewarding sectors for ACCA professionals. Within this industry, ACCA professionals can earn an impressive average salary of $100,000 or more, making it a highly desirable field for financial experts. The allure of competitive pay, coupled with the dynamic nature of the banking sector, makes it an attractive choice for ACCA professionals seeking both financial stability and growth.
Consulting: Unlocking Financial Success
ACCA professionals in the consulting industry can unlock exceptional earning potential.The consulting sector understands the value that ACCA experts bring to the table with an average pay of $90,000 or more. Their expertise in financial analysis, strategic planning, and business advisory services positions them as sought-after professionals in this high-paying sector. Embracing the challenges and opportunities within consulting can pave the way for a financially rewarding career.
Manufacturing: Stability and Prosperity
The manufacturing industry offers ACCA professionals a stable career path with promising salary prospects. ACCA professionals in this industry can earn an average salary of $80,000 or more, creating a balance between financial security and professional growth. By utilizing their financial expertise to optimize operations, manage costs, and drive efficiency, ACCA professionals contribute significantly to the success of manufacturing organizations. This sector appeals to individuals seeking a stable and financially rewarding career.
Telecommunications: Thriving in an Evolving Industry
The telecommunications industry, marked by its rapid growth and innovation, presents promising opportunities for ACCA professionals. With an average salary of $75,000 or more, ACCA professionals contribute their financial acumen to manage investments, analyze profitability, and ensure effective financial controls within telecommunications companies. People looking for financial success and career progress may find it to be an interesting alternative given the industry’s dynamic nature and the high demand for qualified financial professionals.
Industries Offering Higher Salaries for ACCA Professionals
Certain industries consistently offer higher salaries to ACCA professionals, reflecting their competitiveness and the specialized skill set required. These industries include:
- Financial Services: ACCA professionals working in the financial services sector may expect to make $100,000 or more on average. The industry’s complexity, diverse range of financial activities, and the need for rigorous financial oversight make it a highly rewarding field for ACCA professionals seeking exceptional compensation.
- Consulting: Building on the earlier discussion, the consulting industry continues to provide attractive salaries for ACCA professionals, averaging $90,000 or more. The industry’s focus on providing strategic financial advice, problem-solving, and value creation aligns perfectly with the expertise and capabilities of ACCA professionals.
- Auditing: The auditing industry offers stability and promising career prospects for ACCA professionals. With an average salary of $80,000 or more, ACCA professionals specializing in auditing contribute to financial transparency, regulatory compliance, and effective risk management within organizations.
- Taxation: The taxation industry, characterized by its evolving regulations and complexities, presents opportunities for ACCA professionals to excel. ACCA professionals specializing in taxation can earn an average salary of $75,000 or more, leveraging their expertise to guide businesses in navigating intricate tax frameworks and optimizing tax strategies.
It is crucial to remember that factors like experience, skill level, and location might affect how much an ACCA professional makes. However, the industries discussed above generally offer higher salaries to ACCA professionals, making them attractive options for those seeking financial success and professional growth.
In conclusion, the ACCA qualification opens doors to a world of opportunities in the exciting field of finance and accounting. With its widespread recognition, unwavering dedication to excellence, and variety of career options, ACCA provides people with the tools they need to be successful on a worldwide scale.
If you’re in Pakistan, the demand for ACCA professionals is on the rise, presenting a promising career path in the face of complex regulations and financial management challenges. By bridging the gap between local regulations and international standards, ACCA professionals become highly valued by companies of all sizes and types.
And let’s not forget about the salary! ACCA professionals in Pakistan can expect significantly higher earnings compared to their non-qualified counterparts. Factors such as experience, sector, job role, and location influence the salary range, making it an attractive choice for those aspiring to financial success.
Do you feel prepared to set out on a satisfying journey? Take the first step by completing the process to become an ACCA trained accountant and unlock valuable tools for your career growth. Whether you’re a numbers enthusiast or a strategic thinker, ACCA offers a rewarding and internationally recognized pathway to success.
So, don’t wait any longer! Embrace the world of finance, seize the opportunities that ACCA provides, and chart your course towards a bright and prosperous future. After that, tell family members who could use the advice to read this article. Together, let’s make finance fun and pave the way for a successful career in the accounting profession!
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FAQs
Does ACCA have value in Pakistan?
Yes, ACCA holds significant value in Pakistan. It is a globally recognized qualification that is highly regarded by employers. ACCA graduates have ample career opportunities and can command competitive salaries.
What is the salary of ACCA vs CA in Pakistan?
The salary of ACCA and CA graduates is comparable in Pakistan. However, ACCA graduates may have a slight advantage in terms of salary as their qualification is internationally recognized.
What is the salary of fresh ACCA?
Fresh ACCA graduates in Pakistan can expect a monthly salary ranging from PKR 50,000 to PKR 100,000. The employer and the worker’s experience, however, may have an impact on actual salaries.
What is the highest salary in ACCA?
The highest salary for ACCA professionals can range from PKR 200,000 to PKR 500,000 per month. The employer and the worker’s experience, however, may have an impact on actual salaries.
Is CA is better than ACCA?
CA and ACCA are both esteemed qualifications, but they have distinct areas of focus. CA emphasizes the legal aspects of accounting, while ACCA concentrates on technical aspects. The choice between the two depends on individual career goals.
Which is the No 1 Institute for ACCA in Pakistan?
The top institutes for ACCA in Pakistan include:
- ACCA Global
- Pakistan Institute of Chartered Accountants (PICPA)
- Institute of Cost and Management Accountants of Pakistan (ICMA)
- Institute of Business Administration (IBA)
- Bahria University
Is ACCA difficult in Pakistan?
ACCA is a challenging qualification, but it is not insurmountable. The exams are demanding, yet the study materials and resources provided are comprehensive. With dedication and hard work, passing ACCA exams is achievable.
What is more expensive CA or ACCA?
The cost of becoming a CA or an ACCA member is comparable. As ACCA does not need the completion of a bachelor’s degree, the cost may be a little lower.
How many years is ACCA?
The ACCA qualification typically takes 3 to 5 years to complete, depending on prior education and job experience.
What is the monthly income of ACCA?
The average monthly income of ACCA professionals in Pakistan can range from PKR 50,000 to PKR 150,000. However, actual income varies based on factors such as employer and experience.
Can I get a job while doing ACCA?
Yes, it is possible to work while pursuing ACCA. Many employers are open to hiring ACCA students, recognizing the qualification’s potential for high salaries and a promising career.
What is the scope of ACCA?
ACCA offers extensive career prospects. Graduates of ACCA can pursue employment opportunities in various fields, including:
- Consulting
- Accounting
- Finance
- Auditing
These opportunities exist in different sectors, such as:
- Public sector
- Corporate sector
- Non-profit organizations
- What is the future of ACCA in Pakistan?
The ACCA has a promising future in Pakistan. Because more and more employers are realising the significance of the qualification, there is an increasing demand for ACCA graduates. Because of this, ACCA graduates can anticipate commanding high wages and having several employment options.
Is ACCA in demand?
Yes, ACCA is in demand in Pakistan. The qualification is recognized by employers all over the world, and it is a valuable asset for any accountant.
Where is ACCA most demanded?
ACCA is most demanded in the following countries:
- United Kingdom
- United States
- Canada
- Australia
- New Zealand
Is ACCA a degree?
No, ACCA is not a degree. The Association of Chartered Certified Accountants (ACCA) bestows the professional qualification.
Is ACCA equal to CA?
CA and ACCA are both respected qualifications, but they are not equal. CA is a statutory qualification, while ACCA is a professional qualification. This means that CA graduates are legally qualified to practice as accountants in Pakistan, while ACCA graduates are not.
Can an ACCA become a CA?
Yes, it is possible for an ACCA graduate to become a CA. They must, however, adhere to extra standards established by the Pakistan Institute of Chartered Accountants (PICPA). These requirements include passing the CA Foundation exam and completing two years of practical training.
Who is Pakistani girl top in ACCA?
The highest-performing Pakistani girl in ACCA is Alina Zaidi. She achieved an outstanding score of 96.5% in her final exams in December 2020, making her the top-scoring ACCA candidate in recent years in Pakistan. Alina is currently studying at SKANS School of Accountancy in Lahore.
Alina’s remarkable achievement serves as an inspiration for young girls in Pakistan who aspire to build a career in accounting. Her success demonstrates that with dedication and hard work, anyone can accomplish remarkable feats, irrespective of their gender.
Who is the topper of ACCA in Pakistan?
Huzaifa Jamil is the topper of ACCA in Pakistan. He achieved the highest score worldwide in the ACCA Financial Reporting exam in December 2022, with a score of 98%. Huzaifa, a student at the IBA in Karachi, Pakistan, is 22 years old. She is from Karachi. His interests in accounting and finance are what motivate him to pursue becoming a chartered accountant.
Huzaifa’s achievement is a testament to his hard work and dedication. He diligently committed many hours to studying and getting ready for the test over the course of a year. His persistent dedication and methodical approach enabled him to delve deeply into the subject, resulting in a thorough mastery of the material. His unwavering commitment and disciplined approach allowed him to delve deep into the subject matter, ensuring a comprehensive understanding of the content.
Many young individuals in Pakistan who want to work in accounting look up to him as an inspiration. He serves as an example of how people of any age or background may accomplish great things.
Who is the youngest ACCA in Pakistan?
The youngest ACCA achiever in Pakistan is Sameera Lakhani. At a remarkable age of 17, she successfully completed her ACCA qualification in 2014. Presently, she holds a position as an accountant at Ernst & Young in Karachi. Sameera’s remarkable journey serves as an inspiration to numerous young individuals in Pakistan who are passionate about pursuing a career in accounting. She stands as a role model, demonstrating that remarkable achievements can be attained at a young age. Sameera’s story is a testament to the potential and drive that exists within Pakistan’s youth.
Can average students pass ACCA?
Yes, average students can pass ACCA. While the exams can be challenging, with determination and hard work, any student can achieve success and become an ACCA member.
What is the 7 year rule for ACCA?
According to the ACCA’s “7-year rule,” students have seven years to finish all of their ACCA tests after beginning their studies. The student will have to restart their studies if the tests are not finished within this time range.
Is it OK to fail ACCA exams?
Yes, it is perfectly acceptable to fail ACCA exams. Many students experience failures at some point during their studies. What matters is learning from the setbacks, persevering, and continuing the journey. With dedication and effort, success in ACCA exams can be achieved.
What is the salary of ACCA in Dubai?
The salary range for ACCA professionals in Dubai varies based on experience and qualifications. The typical monthly range is between 10,000 and 50,000 AED.
Who is eligible for ACCA?
Anybody with a desire to work in accounting or finance is welcome to join the ACCA. Even though there are no official educational requirements, having good writing and reading skills in both English and mathematics is beneficial.
Is ACCA still valuable?
Yes, ACCA is still a valuable qualification. It holds global recognition and is highly regarded by employers. ACCA graduates have the potential to earn competitive salaries and access a wide range of career opportunities.
What is ACCA age limit?
There is no age limit for pursuing ACCA. For those who want to start their studies, the minimum age is 16, nonetheless.