The Association of Chartered Certified Accountants is a premier accounting organization that has more than 200,000 members across the globe in more than 76 countries. If you are interested in financial management or accounting career, an ACCA membership can open you up to multiple career advantages.

Firstly, an ACCA qualification is recognized by countless employers and MNCs around the globe. Thus, becoming ACCA certified can increase your chances of having a global career.

Secondly, becoming an ACCA member can give you many exclusive membership privileges. It can also allow you to network with all other ACCA members and expand your professional network.

Lastly, an ACCA qualification can provide you with subject expertise in many competitive financial disciplines like strategic business management and financial reporting. This kind of extensive domain knowledge can boost your employability and professional profile.

What kind of job roles can you expect as an ACCA member?

An ACCA qualification can make you eligible for applying to a wide range of well-paying financial management or accounting roles within the corporate domain. Here are a few interesting job profiles that you can expect to land with an ACCA certification.

  • Financial Accountant: Financial accountants are mostly hired to analyze the steady stream of financial information in a company. They then create different balance sheets and cash flow statements based on their analysis. They can also be asked to prepare financial statements on behalf of the company for external stakeholders like creditors and potential investors.
  • Management accountant: Management accountants handle the business costs and operations required for preparing in-depth financial reports of the company. They also analyze the financial statistics of managerial operations and help the company in devising cost-cutting measures.
  • Corporate treasurer: Corporate treasurers keep track of the financial resources and capital available to the company. They communicate with credit loaners and banks to assure them of the company’s good financial health and also ensure there aren’t any discrepancies in financial operations and their records.
  • Assistant Accountant: An assistant accountant usually reports to the financial director or controller of a company. The most common job responsibility includes managing the incoming and outgoing payments and bookkeeping operations of the company.

Other interesting roles in this domain include financial controller, treasury operator, tax specialist, and financial risk manager. The comprehensive syllabus of ACCA also gives you substantial expertise in management accounting and financial ethics. So, you can also look for well-paying roles in those sectors.

What are the average compensation expectations in this field?

Most ACCA aspirants go through the rigorous curriculum because they expect to land a financially rewarding role after receiving the qualification. An ACCA qualification is considered quite lucrative not just in Canada, but in the rest of the world as well.

According to Payscale.com reports, ACCA members in Canada can earn upwards of CAD 50,000 to CAD 125,000. Your compensation package can progressively increase if you add to your qualifications and your experience.

A good ACCA preparatory program helps you pass the difficult levels of ACCA and clinch this prestigious certification. Look for appropriate ACCA preparatory programs in Canada today to become a member of this renowned organization.