Articleship During ACCA
Are you someone aspiring to set your career in financial jobs? Well, then you must know about the ACCA course. It holds immense importance and value in the future prospects of all who want their career in the financial field. And when you are aiming for jobs, you must know about the ACCA articleship. If you are yet to be aware of it, then worry not. We have the following discussion to help you understand every aspect of articleship in ACCA.
What is an articleship in ACCA?
When one wants to find a job in the financial field, it is compulsory for one to acquire a personal experience for three years. And this is what articleship in ACCA is about. It is a mandatory part of the course that offers you a personal experience, which thus, helps you in your job that you will be working in the financial field in the future.
What is the duration of the articleship in ACCA?
The ACCA articleship duration is about three years. These three years are a mandatory part of your course. And it is worthwhile, as it offers the necessary personal ice prince you require to hold, function and carry out the job requirements in the financial field that you are too old in the future, in the most optimal manner.
What are the probable jobs in articleship in ACCA?
ACCA articleship jobs generally include the jobs of an intern, such as a junior account or a trainee account. You tend to gain knowledge and work experience in these three years from being an intern.
What is the ACCA salary for intern?
Is there any salary offered to the interns in ACCA? Well, the ACCA articleship salary or the interns of ACCA receive a salary depending on their years of experience. An intern with an experience of less than a year can get an average salary of INR10800, which includes all the different components of salary, such as tips, overtime pay and bonuses.
The salary tends to vary with the experience, the firm, or the place that appoints you. The better the firm, the more well-reputed, and the better the salary. Also, the more the salary, the more the reference and, thus, the more the salary you get as an intern.
Why is the articleship compulsory in ACCA?
You must know that the articleship in ACCA is mandatory. And it is because it offers you three years of experience that helps you learn about the nature and manner of the job that you want to have in the future. Without this experience, you do not get the necessary knowledge, and it would help you function not just ideally but properly in your field of work.
Final Words
Thus, this was all about the articleship in ACCA. It is quite evident that it is quite crucial and offers you a fruitful experience. Now that you know about the same, it would help you proceed and achieve the dream of fulfilling a job in the financial field.
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FAQ on ACCA Articleship
1. What is the duration of ACCA Articleship in India?
The ACCA Practical Experience Requirement (PER) typically requires 36 months (3 years) of relevant work experience.
2. Is Articleship compulsory for ACCA in India?
Yes, completing 3 years of relevant experience is mandatory to become an ACCA member.
3. When can I start my ACCA Articleship?
You can start the PER any time during or after your ACCA qualification. It does not need to be completed after all exams.
4. What is the average stipend during ACCA Articleship in India?
ACCA students can expect stipends ranging from ₹10,000 to ₹25,000 per month, depending on the firm and location.
5. Where can I do my ACCA Articleship in India?
You can pursue your articleship at MNCs, Big 4 firms, or ACCA-approved employers across sectors like finance, audit, and consulting.
6. Does ACCA have a fixed Articleship like CA?
Unlike CA, ACCA does not mandate a fixed firm or structure. You must document work experience and get it verified under the PER.
7. Can I count previous work experience for ACCA PER?
Yes, relevant past experience (after registering with ACCA) may be counted, if it meets ACCA performance objectives.
8. Are there job opportunities after completing ACCA Articleship?
Yes, ACCA professionals are in demand for roles in finance, audit, taxation, and consulting both in India and globally.
9. What is the salary after completing ACCA in India?
ACCA-qualified professionals can earn ₹6 - 10 LPA, depending on experience, role, and company.
10. Does ACCA Articleship require working under a qualified supervisor?
Yes, your experience must be verified by a qualified workplace mentor or supervisor as per ACCA guidelines.