{"id":22436,"date":"2023-03-31T09:42:38","date_gmt":"2023-03-31T09:42:38","guid":{"rendered":"https:\/\/envoice.eu\/?p=22436"},"modified":"2025-06-01T19:55:15","modified_gmt":"2025-06-01T19:55:15","slug":"acca-vs-cpa-vs-cfa-which-qualification-to-get","status":"publish","type":"post","link":"https:\/\/envoice.eu\/en\/blog\/acca-vs-cpa-vs-cfa-which-qualification-to-get\/","title":{"rendered":"ACCA vs. CPA vs. CFA – Which Qualification to Get?"},"content":{"rendered":"

87% of HR managers indicate that hiring professionals for financial planning and analysis, financial reporting, and general accounting is the most challenging.<\/span> [1]<\/span><\/p>\n

While demand is high, competition for the highest-paying roles can be particularly fierce – and working towards a relevant qualification gives you an edge over other applications.\u00a0<\/span><\/p>\n

It boosts your credentials and proves your expertise in a specialized field. And professionals with desirable certifications are more likely to earn promotions, bonuses, and raises.\u00a0<\/span><\/p>\n

You may feel conflicted between pursuing three of the most sought-after qualifications in the job market – <\/span>ACCA, CPA, and CFA.<\/b><\/p>\n

In this post, we\u2019ll look deeper into each qualification to help you decide which certification is best for you.<\/span><\/p>\n

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Source: Pexels<\/figcaption><\/figure>\n

What is ACCA?<\/b><\/h2>\n

ACCA stands for the Association of Chartered Certified Accountants – a global body with 241,000 members in 178 countries.<\/span> [2] <\/span>Founded in 1904, ACCA maintains its principal administrative office in Glasgow and its headquarters in London.<\/span><\/p>\n

Members of the organization hold the title Chartered Certified Accountants and can use the designation ACCA after their name.\u00a0<\/span><\/p>\n

Obtaining an ACCA qualification requires you to:<\/b><\/p>\n

    \n
  1. Enroll for the course and pass a minimum of 13 exams<\/b>.<\/span><\/li>\n<\/ol>\n

    You may apply for exemptions based on your qualifications and experience.<\/span><\/p>\n

    You do not need any finance or accounting qualification to apply for an ACCA membership. However, applicants with no relevant qualifications should start at the Foundation level and pass additional exams to get a solid grasp of financial reporting and management.\u00a0<\/span><\/p>\n

    Applicants with a finance and accounting degree or relevant experience can skip the Foundation exams and proceed with the ACCA exam.<\/span><\/p>\n

    The ACCA exam has 13 papers enumerated below.<\/span><\/p>\n

    Applied Knowledge Exams<\/i><\/b><\/h3>\n